Moving into a Permi role.

[joey122]

Stay contracting @ 350 to 550

Contracting at 550 will yield 135K which IMO is MUCH better then 80K.

[Soled73]

Contracting at 550 will yield 135K which IMO is MUCH better then 80K.

r u using 49 weeks

[gingerjedi]

Assuming you had decided to take up permi position somewhere, would you consider a move to RBS, salary £80k benefits on top?

Is it a good place to work for the next 3-5 years?

If you feel you're worth £250k then it's a bad move however if you feel you're worth £25k then it's a good move, how could anyone on here possibly know?

[Ardesco]

Contracting at 550 will yield 135K which IMO is MUCH better then 80K.

No 9% bonus with a contract.
No holiday
No training
No sick pay
No medical insurance for you and the family
No benefits
No guarantee that you will be there for a year (yes permie guarantee is not great, but more secure than contract)

The big figure looks nice from the outside but in reality it's not as much of an increase as you think.

[Soled73]

If you feel you're worth £250k then it's a bad move however if you feel you're worth £25k then it's a good move, how could anyone on here possibly know?

Thanks for you comment but my main point was get a feeling about the potential job security [or lack of] at RBS.

[d000hg]

Because it's not all about the money...

That's right. Trade in paid holidays, sick leave, pension contributions & possible bonuses for the smug satisfaction that while you are still told what to do, you don't have a boss.

[Scary]

Could it be a path to the really big money banking positions? The contractors get good money, but the beneficiaries of the looting/bonus culture are permanent.

[moorfield]

No one's mentioned "objectives" and "appraisal" yet.

[d000hg]

Once a year you waste a day filling in a form and spending a couple of hours telling your boss how great you are and why you deserve a big raise. Then you probably get a raise. And, you get paid for the wasted day.

[Francko]

Assuming you had decided to take up permi position somewhere, would you consider a move to RBS, salary £80k benefits on top?

Is it a good place to work for the next 3-5 years?

May I ask for which position? Would you be happy in that role?