Originally posted by ladymuck
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What's your next career move? What's your exit strategy?
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In my teens/early 20's I spent 5 years working for an insurance loss adjusting firm. it was a fantastic time, the people were great and I even had own office, which was the post room. I was an office junior/VDU operator, spending my days copy typing insurance claim reports, which sounds dry but it was very interesting and sometimes hilarious the claims people would submit. I was also responsible for backing up the computer system and taking the discs home with me. Next up was ensuring the mail ended up in the correct pigeon holes from which I'd pack the envelopes and frank them, dropping the mail off at the post office on my way home. Walking up through the City (not London) to get photographs of claim damage developed (old days I know). I did some stints on reception, opening mail, answering the phone, etc. We even played cards for money in the board room at lunchtimes! Great memories. Then I got distracted by the company cars these guys were driving, not the quality of them but the fact they had them, so I became 'one of them', an insurance loss adjuster. My insurance career lasted just over a decade before I realised I'd drifted down the wrong path and so quit in order to study computer science at Uni. The rest is history. All nostalgic now! -
Near identical experience here, and feeling very much the same. Only difference is my time out was during COVID - absolutely grim, not only being benched but there wasn't even a game being played! Literal radio silence for monthsOriginally posted by northernladuk View Post
I feel your pain. I got complacent thinking this was easy but had 5 months out just before covid. Put a big dint in the reserves I had in place for just this so financially wasn't a problem but was a proper wake up call and didn't enjoy it one iota. Managed to get a gig 4 weeks before covid hit. If I hadn't I don't know where I would have been. Ever since then I've been more focussed on billing for everything than ever before and made life a lot more stressful for myself than I've ever been contracting. I've been lucky to only have 2 end to end gigs since then but approaching renewal time and end of gig is much more unpleasant than it ever used to be. I used to relish the end to get in to something new and now I dread it.Last edited by vwdan; 5 February 2024, 15:24.Comment
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Jeez. I don't know I would have survived that to be honest. Couldn't even go out and take bar work or anything close to feeling useful. Sorry to hear that.Originally posted by vwdan View Post
Near identical experience here, and feeling very much the same. Only difference is my time out was during COVID - absolutely grim, not only being benched but there wasn't even a game being played! Literal radio silence for months
And as it happens got given a months notice on Friday. Delivered first phase, easier second phase getting taken in house which was half expected. I'm already feeling very anxious.'CUK forum personality of 2011 - Winner - Yes really!!!!
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I've had this a couple of times when I was expecting an extension. Partly it's a reflection on you if you've done a good or even better than expected job.Originally posted by northernladuk View Post
Jeez. I don't know I would have survived that to be honest. Couldn't even go out and take bar work or anything close to feeling useful. Sorry to hear that.
And as it happens got given a months notice on Friday. Delivered first phase, easier second phase getting taken in house which was half expected. I'm already feeling very anxious.
Conversely I've had a surprise extension when things were starting to look more challenging and client wanted me to help them through a difficult period.Comment
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Yeah - friend of mine (programme manager) got a shorter extension than another programme manager on the same overall portfolio because their projects have delivered faster due to being better organised than the others. If you're rubbish at your job and drag out the programme, your contract gets extended, it would seem.Originally posted by edison View Post
I've had this a couple of times when I was expecting an extension. Partly it's a reflection on you if you've done a good or even better than expected job.
Conversely I've had a surprise extension when things were starting to look more challenging and client wanted me to help them through a difficult period.Comment
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Bummer. Sorry to hear that.Originally posted by northernladuk View Post
Jeez. I don't know I would have survived that to be honest. Couldn't even go out and take bar work or anything close to feeling useful. Sorry to hear that.
And as it happens got given a months notice on Friday. Delivered first phase, easier second phase getting taken in house which was half expected. I'm already feeling very anxious.
Hope you find something soon.Comment
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NUK you've been around the contract world long enough to know how things work, so I hope something falls into place soon for you.Originally posted by northernladuk View PostJeez. I don't know I would have survived that to be honest. Couldn't even go out and take bar work or anything close to feeling useful. Sorry to hear that.
And as it happens got given a months notice on Friday. Delivered first phase, easier second phase getting taken in house which was half expected. I'm already feeling very anxious.
I quit contracting after a reasonable 16 year stint, fortunately one that just about got to the other side of Covid. Not really by choice, but I rode the now-dead skillset to the shore, coining it very well while I could. I'd never intended for contracting to consume my entire career but it pretty much did, and it both consumed and ended it. I now potter about in a well paid permie job, unrelated to the contracting skillset, waiting to be found out
, but I'm still very good at anything I put my mind to. I just don't have to be held to ransom by clients/employers any more, and that's a very freeing feeling.
I rarely became anxious but largely that's because we always saw contracting as a 'bonus' and we saved/invested something like 80% of post-tax earnings for all those years. I always knew my contracting life was going to end badly and I'm surprised it lasted a few years longer than planned.
And for any youngsters here, remember to save and invest early and continuously while you're flush with the contracting life! Doom-spend a little of course, but be aware of how quickly things can change, and prepare well for that time.
I didn't mean to go on, and I really hope things work out for you and that you also have some side projects or investments that can keep you going. Best of Luck.Comment
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If it is any consolation that takes you into March and not far from the start of the Financial New Year.Originally posted by northernladuk View Post
Jeez. I don't know I would have survived that to be honest. Couldn't even go out and take bar work or anything close to feeling useful. Sorry to hear that.
And as it happens got given a months notice on Friday. Delivered first phase, easier second phase getting taken in house which was half expected. I'm already feeling very anxious.Comment
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Cor, lots of nice comments from people thank you. I say anxious, as in a bit nervous because it's quiet and some horror stories around on here at the moment. Warchest is healthy, I've 6 weeks notice and the odd thing is popping up so confident at worst it's going to be a little blip with a bit of much needed time off so am in a good position. I think a bit of nerves is healthy, keeps me focussed and not to be over confident like the old days. Always bothers me when a contract it is terminated though. I do a couple of days of beating myself up and then realise its not me. Do the hardwork, put the framework in and then a permie takes over. All part of the game as a few people have mentioned. Past that and now excited for the next gig.Originally posted by SussexSeagull View Post
If it is any consolation that takes you into March and not far from the start of the Financial New Year.
But thanks for the comments. Much appreciated.'CUK forum personality of 2011 - Winner - Yes really!!!!
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Arguably this is why to some extent (there are other reasons too, obvs) you\we should get the big bucks.Originally posted by northernladuk View Post
Cor, lots of nice comments from people thank you. I say anxious, as in a bit nervous because it's quiet and some horror stories around on here at the moment. Warchest is healthy, I've 6 weeks notice and the odd thing is popping up so confident at worst it's going to be a little blip with a bit of much needed time off so am in a good position. I think a bit of nerves is healthy, keeps me focussed and not to be over confident like the old days. Always bothers me when a contract it is terminated though. I do a couple of days of beating myself up and then realise its not me. Do the hardwork, put the framework in and then a permie takes over. All part of the game as a few people have mentioned. Past that and now excited for the next gig.
But thanks for the comments. Much appreciated.
I reckon you'll be fine tbh :-)Comment
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