Experiences with Accenture

[rocktronAMP]

The fact remains Contractors need a pension as well so the 10% inflation is as true for us as anyone in permanent employment. As for Private Health Insurance, I know people who had minor operations on it and found it useful.

Most of us on here have weighed up the pros and cons and decided the contracting life is for us. However it has to be acknowledged there are advantages to permanent employment, not least of which you aren't looking for a new job every six months or so.

Conversation has verved off the Accenture experience, but I agree with the contracting part.

I would have loved to stay a Limited contractor and do the Rich Dad, Poor Dad ( Rich Mum , Poor Mum - inclusive) intent: pay dividends before tax and small salary; and not be taxed at source.

Unfortunately, that UK viability of PSCs crumbled (and I know that sme HMRC bods lurk the list), OffPayroll Worker rules, Fixed Term and Inside IR 35 contract decimated the majority of market opportunities. We, (pre-2020) contractors, all had a nice tidy plan to pay back credit card debt, pay car PCPs, leasing and mortgages earlier, including any second and holiday homes, university and school fees much earlier than we expected, but the new rules and regulation tuliped it up.

Yes there are benefits to be a permie, but Sussex is absolutely 100% right, salaries have stagnated and now we will see cost of inflation and retail price indices increase because of the Brexit, the pandemic and economy. Latter still is in the doldrums since 2008, when Lehman Bros and many others fell over a cliff.

Enjoy your Saturday.

[hungry_hog]

My experiences

2000
Rang me up at 8am Saturday morning when I was at Uni to arrange interview.
Went to said interview. The day before the interview they had renamed to Accenture. I kept giving the wrong name (AC), didn't go down well. Dinged.

Seemed to think they were at the same 'level' as Mckinsey but students had them as a reserve choice - they were targeting the Bain, BCG type firms.

2012
Fast forward 12 years, on a project with them. On a reg project at a major British Bank and a team of contractors quit rather than work with them.