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Take £275/day or £390/day ?

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    Take £275/day or £390/day ?

    Ok, so a friend of mine was asking my opinion on this so I thought I should share.

    He is already in a contract of £275/day which will last another 4 months from now (Extension not likely), He recently went for an interview and was offered a contract role of £390/day which is for 3 months(Agent said likely to extend – “Btw Trust no agent”)


    Now the question is, should he risk it and take the £390 Contract? If you were in his shoes what will you do.


    I told him, No venture no success. – and the answer depends on personal situations. – What do you guys think?

    #2
    Originally posted by rurffy View Post
    Ok, so a friend of mine was asking my opinion on this so I thought I should share.

    He is already in a contract of £275/day which will last another 4 months from now (Extension not likely), He recently went for an interview and was offered a contract role of £390/day which is for 3 months(Agent said likely to extend – “Btw Trust no agent”)


    Now the question is, should he risk it and take the £390 Contract? If you were in his shoes what will you do.


    I told him, No venture no success. – and the answer depends on personal situations. – What do you guys think?
    4 months @ 275 with no extension or 3 months @ 390. The maths is hardly difficult here so unless there is something you don't know the £390 contract.
    merely at clientco for the entertainment

    Comment


      #3
      Sub out the first contract, take the second. Simple.

      Comment


        #4
        Bearing in mind we know absolutely nothing about...

        Work being done in either contract
        Mates personal circumstances
        Mates attitude to work and life at present
        Location
        Client
        IR35 of either contract
        Skills required/can be learnt
        Termination and handcuff clauses

        How on earth are we supposed to give you anything that is even worthy of being called a guess..

        These what do i do posts with zero detail are just fail.
        Last edited by northernladuk; 19 June 2013, 12:02.
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #5
          Originally posted by rurffy View Post
          Ok, so a friend of mine was asking my opinion on this so I thought I should share.

          He is already in a contract of £275/day which will last another 4 months from now (Extension not likely), He recently went for an interview and was offered a contract role of £390/day which is for 3 months(Agent said likely to extend – “Btw Trust no agent”)


          Now the question is, should he risk it and take the £390 Contract? If you were in his shoes what will you do.


          I told him, No venture no success. – and the answer depends on personal situations. – What do you guys think?
          Your "friend" is clearly not looking to complete the current contract, for whatever reason. On that basis (ceteris paribus), the second one.

          Make sure you read the termination clause very carefully in the current gig, and hope that if you give notice on the first that the second one doesn't fall through before you start.
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          Comment


            #6
            And be aware that clients are taking a dim view of those contractors who have a habit of dumping their current contract at the drop of a hat/better money elsewhere.

            It will show up on CVs.
            "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


              #7
              You can't give an answer to that question just by the daily rate. What about location, technologies, agency, duties etc. If you are purely basing it on money then it's a no brainer. A 3 or 4 month contract is irrelevant too as contracts are always only as long as the notice period in my book.

              Comment


                #8
                My mate has two doors in front of him- one is blue and one is green, which should he take? (BTW he likes cheese).

                Basically your question is no less vague than mine. There are so many variables which are required that a meaningful answer is virtually impossible.
                Last edited by MyUserName; 19 June 2013, 12:20. Reason: typo
                "He's actually ripped" - Jared Padalecki

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                Comment


                  #9
                  Originally posted by MyUserName View Post
                  My mate has two doors in front of him- one is blue and one is green, which should he take? (BTW he likes cheese).
                  Well, obviously - Blue!

                  based on blue cheese being nicer than green



                  Seriously, though, nowhere near enough *facts* to advise, so all said will be nothing more than circumstantial.
                  latest-and-greatest solution (TM) kevpuk 2013

                  Comment


                    #10
                    Originally posted by cojak View Post
                    And be aware that clients are taking a dim view of those contractors who have a habit of dumping their current contract at the drop of a hat/better money elsewhere.

                    It will show up on CVs.
                    How should we view clients that bin contractors at the drop of a hat, or sign a contract with you at rate x and then cut the rate by 20% mid contract, take it or leave it?

                    I'm sorry but if clients want to treat contractors on the whole with utter contemp, I think it's going to bite them on the @rse down the line.

                    Comment

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