Anyone who has 'went perm', how has it been?

[Old Greg]

And I suspect many of us have planned 4 - 6 weeks between contracts and discovered it stretched to 12 weeks when opportunities plummeted. As you say, if you're out of contract because you can't find the next one, it's not a nice time.

Does the 650 pd vs 90 k factor in training?

We're probably going round in circles. I think there's a bit of confirmation bias going on here.

[hungry_hog]

in a "normal" market i'd take the 650. Hell I'd take 500.

in this market - 90k is tempting
It's a huge cut but stability is key

[elsergiovolador]

in a "normal" market i'd take the 650. Hell I'd take 500.

in this market - 90k is tempting
It's a huge cut but stability is key

"Perm" doesn't offer stability for the first two years.

[GhostofTarbera]

You cannot budget ideal world. You have to budget realistic. If your market is slowly getting worse (IR35, Brexit, changing skills requirements, etc. not including COVID19) you also have to consider how much could you realistically keep billing.

For example, a traditional PM may have to bite the bullet for a few years and cross-train up to become a qualified scrum master. If a company is going by the book with scrum or kanban rather than playing at agile, you'd find yourself out of your depth and out the door quite quickly as a contract PM trying to blag your way as a PM. If they're using "Agile-ish", you'd probably be OK.

2 years ???

A traditional PM could just bang his head with a hammer to get same results as a scrum master


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[Old Greg]

"Perm" doesn't offer stability for the first two years.

That is a legalistic view, but doesn't reflect the reality of the different risk profiles of contractor vs 1st 2 years as an employee.

[LondonPM1]

That is a legalistic view, but doesn't reflect the reality of the different risk profiles of contractor vs 1st 2 years as an employee.

In IB finance perms are cut as often as contractors so no security

The perms I have worked with over the last 15 years rarely had any training so I dont buy that either

Yes time between contracts would be more nowadays for sure - But that is a holiday and it should feel like one

[WTFH]

In IB finance perms are cut as often as contractors so no security

The perms I have worked with over the last 15 years rarely had any training so I dont buy that either

Yes time between contracts would be more nowadays for sure - But that is a holiday and it should feel like one

Looking for work isn't a holiday.

Also, your experience seems extremely limited if it's just 15 years in IB.

[Old Greg]

In IB finance perms are cut as often as contractors so no security

I doubt that is true.

[LondonManc]

2 years ???

A traditional PM could just bang his head with a hammer to get same results as a scrum master

Fine, but without a scrum master certificate, you probably will be well down the list of the 200 scrum masters and project managers applying for each gig.

[PCTNN]

In IB finance perms are cut as often as contractors so no security

I don't have as much experience as you but so far in my almost 10 years experience, mostly working in banking, I have never seen a permanent employee getting cut.

The perms I have worked with over the last 15 years rarely had any training so I dont buy that either

Again, not what I have experienced. When I was a permanent employee, the companies I've worked for overall spent something in the 3-4k region worth of training on me. In 1 particular occasion, the company asked if I wanted to do a course and take the related certification BEFORE I even started my role with them.

Maybe you just worked for bad companies/clients.