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Stay permie or take a 3 month contract?

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    #31
    Originally posted by pimpmycode View Post
    What a ray of sunshine you are.

    The rate was 400 a day, I'll be sure to up that on the next call I get.
    I didn't sign anything, agree to anything or leave my permie job so not that gullible after all.
    What you do need to do though is take a year to watch market rates.

    Here is a link that you should have already found... I did a basic search on SAP then picked Fi/Co as an example

    SAP FI/CO Contracts, Contractor Rates for SAP FICO Skills

    As a contractor you should be aiming for the 10% jobs not the cruft. The average is where the mugs hang out.

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      #32
      Originally posted by radish2008 View Post
      My last 2 contracts at a big bank were both initially 3 months but lasted 18 months each. They even renew every 3 months. Maybe the client thinks along those lines.
      My very first contract was also 3 months initially, but it lasted 15 months in the end.
      So that's even more anectodal evidence.

      Lech

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        #33
        I spent ages looking at the market, talking to people about contractors - what they expect from them, what they actually find etc. I asked what makes a contractor good or bad etc. I spoke to the one contractor I knew about it at length and several people who used to be contractors. I read through this forum and the guides on the right. Made sure I had access to cash to borrow if things went wrong and took the plunge into a contract at a large IB on £500 a day.

        Agency had lied and my manager had no idea I wanted two weeks off when my wife gave birth, luckily he did not mind.
        Payment terms messed up completely and I had to borrow money off my father in law to keep things going.
        Wife hated the idea and was against it every step of the way and wanted me to stay in the permie job I was in (it was a nice job and I miss it) - but I knew that I could make this work.

        Turned down offered extension for a new gig closer to home by over an hour and have been there every since.
        Wife started to like contracting when we could redo the living room and pay off the hideous amount of debt we were in without our standard of living being affected.

        Also, I have no shame about not knowing things and will ask basic questions with feeling embarassed
        "He's actually ripped" - Jared Padalecki

        https://youtu.be/l-PUnsCL590?list=PL...dNeCyi9a&t=615

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