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Long-term low pay Vs short-term high pay

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    Long-term low pay Vs short-term high pay

    This question has been asked before but in the current market which one would you take e.g:

    12 months at £325/day

    3 months at £375/day

    Yes I know security is only as good as your notice period but given those 2 options which one would it be?

    #2
    Originally posted by NorthWestPerm2Contr View Post
    This question has been asked before but in the current market which one would you take e.g:

    12 months at £325/day

    3 months at £375/day

    Yes I know security is only as good as your notice period but given those 2 options which one would it be?
    3 months at £375/day
    one day at a time

    Comment


      #3
      Originally posted by NorthWestPerm2Contr View Post
      This question has been asked before but in the current market which one would you take e.g:

      12 months at £325/day

      3 months at £375/day

      Yes I know security is only as good as your notice period but given those 2 options which one would it be?
      I'd go for the 12 monther.

      Comment


        #4
        Originally posted by oscarose View Post
        3 months at £375/day
        Both contracts close to home..... after 2 months need to start looking again...

        Comment


          #5
          I would post a question on a forum as I am incapable of making an informed decision and expect a load of strangers to make a decision for me based on absolutely no criteria whatsoever hoping that I won't look incompetent in the meantime.

          HTH.
          'CUK forum personality of 2011 - Winner - Yes really!!!!

          Comment


            #6
            Originally posted by NorthWestPerm2Contr View Post
            This question has been asked before but in the current market which one would you take e.g:

            12 months at £325/day

            3 months at £375/day

            Yes I know security is only as good as your notice period but given those 2 options which one would it be?
            All other things being equal (e.g., likelihood of the full period of the contract being honoured, travel, chance to earn new skills and/or experience of an industry sector), I'd take the 12 months at £325 gig. I charge less for longer contracts anyway (usually to a maximum of nine months, at which point the rate stays fairly flat), so I'm happy to trade longevity and predictability for a concession in rate. Besides, clients that are realistic about things like duration of contract are usually easier to help, and more pleasant to work on behalf of. I've never known a contract to last exactly as long as the initial term requested; it's more a measure of the ClientCo's level of realism and/or confidence in their own planning than anything else. A 3 month contract at £375 per day will probably actually last six months, making you an extra ~£6.5k in those six months compared to the 12 month rate. So, if you think you'll spend anything more than £6.5k of your time looking for more work after the '3 month' contract finishes, it's a no-brainer to select the longer duration contract.
            Last edited by Gentile; 18 June 2012, 12:28.

            Comment


              #7
              Originally posted by northernladuk View Post
              I would post a question on a forum as I am incapable of making an informed decision and expect a load of strangers to make a decision for me based on absolutely no criteria whatsoever hoping that I won't look incompetent in the meantime.

              HTH.
              You must have some ability to read peoples minds since you came to the conclusion my post was non-hypothetical....

              Comment


                #8
                It depends.
                "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                - Voltaire/Benjamin Franklin/Anne Frank...

                Comment


                  #9
                  Originally posted by NorthWestPerm2Contr View Post
                  This question has been asked before but in the current market which one would you take e.g:

                  12 months at £325/day

                  3 months at £375/day

                  Yes I know security is only as good as your notice period but given those 2 options which one would it be?
                  LOL!

                  Should have had the option of that one at 85 quid a day more then you'd really be fooked, wouldnt you?

                  Originally posted by northernladuk View Post
                  I would post a question on a forum as I am incapable of making an informed decision and expect a load of strangers to make a decision for me based on absolutely no criteria whatsoever hoping that I won't look incompetent in the meantime.

                  HTH.
                  WNLUKS (and just about everyone else on the board too!).
                  I couldn't give two fornicators! Yes, really!

                  Comment


                    #10
                    Originally posted by BolshieBastard View Post
                    LOL!

                    Should have had the option of that one at 85 quid a day more then you'd really be fooked, wouldnt you?



                    WNLUKS (and just about everyone else on the board too!).
                    That joke is getting really dry now, might have been funny the first few times though I didn't see many people laughing. If you find it amusing, do keep posting the same joke though....

                    Comment

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