• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Has anyone ever...

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Has anyone ever...

    I have verbally agreed a contract a few weeks back to start on June 20th, since which I have been going through a vetting process (being financial services) and am yet to sign a contract. I have heard that the contract is being drawn up today and I am still on for a June 20th start date.

    In the mean time I have been interviewing elsewhere in case the contract fell through I didnt want to be in a position without any offers whatsoever. Now it appears as though I am about to be offered a pretty decent pacakge for a perm job.

    East midlands, both financial services, one 3 month contract at 300 a day, one perm at 40k. Not much to choose between the two for me really but wanted to ask whether I could still accept the perm job having not signed the contract for the other role?

    Has anyone ever accepted an offer verbally then gone and signed on another offer?

    #2
    Until you have a signed contract and you have your bum on a seat, its all up for grabs.

    Some may even say until you have your invoice paid...

    But essentially if you haven't signed a contract, or started work then you are not legally bound to anything.
    If you think it's expensive to hire a professional to do the job, wait until you hire an amateur. - Red Adair

    Comment


      #3
      Originally posted by Bluespider View Post
      Until you have a signed contract and you have your bum on a seat, its all up for grabs.

      Some may even say until you have your invoice paid...

      But essentially if you haven't signed a contract, or started work then you are not legally bound to anything.
      There is no contract signed so you have nothing to worry about.

      Knowing where the contract job is I discovered the 4 week rule earlier this week. Somehow I reckon someone else will offer me something interesting before everything is checked to their satisfaction.

      I think the real answer is how good do you really rate your skills and do you want the money. Personally £300 a day is worth a lot more than £40,000 a year but it does depend on your circumstances.
      merely at clientco for the entertainment

      Comment


        #4
        £18k contracting in 3 months or £10k perm.

        Mmmmmm, let me think.

        You could take the contract and then have a couple of months off. Before starting another contract, or you get a renewal and the cash keeps flowing.

        Win Win.
        Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

        Comment


          #5
          Not all about the money right now, Im 25 so securing a 40k job at this age as a BA with all development/training agreed is certainly worth considering.

          Then again, Im 25 so securing a 300 a day contract isnt bad either, although this forum does obviously carry a massive bias towards contracting...

          Its more about the principle of whether I can turn my back on a verbally accepted role should I decide that way...which it looks like I can. Not sure if I will!

          Comment


            #6
            Originally posted by chana7 View Post
            Not all about the money right now, Im 25 so securing a 40k job at this age as a BA with all development/training agreed is certainly worth considering.

            Then again, Im 25 so securing a 300 a day contract isnt bad either, although this forum does obviously carry a massive bias towards contracting...

            Its more about the principle of whether I can turn my back on a verbally accepted role should I decide that way...which it looks like I can. Not sure if I will!
            A verbal agreement isn't worth the paper it is written on.

            Comment


              #7
              Originally posted by JamJarST View Post
              A verbal agreement isn't worth the paper it is written on.
              Ha, very good!

              Comment


                #8
                40k at 25 isn't to be sniffed at. If you are also planning on using this perm time to upskill and come out looking at £400+ jobs in a few years it is a very good and sensible investment indeed.

                Nice to see the younger end looking at careers long term rather than just $ signs at the monthly rates.
                'CUK forum personality of 2011 - Winner - Yes really!!!!

                Comment


                  #9
                  For me this is a no brainer.

                  £300 is better money. £40k to get a solid grounding as a BA in a finance organization with everything a perm career entails.

                  The grounding you will get from going perm in this case will set you up for the future. You can always choose to go contracting later. Contracting first makes it much more difficult to go the other way.

                  Take the perm role.
                  What happens in General, stays in General.
                  You know what they say about assumptions!

                  Comment


                    #10
                    As an aside speak to the agency if you are planning to take the perm offer.

                    It may well be that you can convert that contract role into an even better perm offer (this doesn't apply in most places but as I know where you are off to it may well be the case).
                    merely at clientco for the entertainment

                    Comment

                    Working...
                    X