Originally posted by LondonManc
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Ding Ding - THIS is the answer, and the figures are pretty spot on too (Or at least based on the last ten years).
Being slightly more constructive, I still think one of the most difficult things about contracting is advancement in seniority. Keeping skills up to date is one thing, but moving from "Junior Widget Maker" through to "Senior Widget Maker" and then onto "Widget Making Consultant" or whatever is going to be a lot lot tougher as a contractor. You'll land that senior role one day but then there'll be no jobs so you take a job back as "Junior Widget Maker" and then spend hours persuading people that you really can be a senior again. There's a LOT of contractors out there still doing the same job they were doing ten years ago - fair enough if they're happy, but I couldn't do it.
Far easier to work your way up in a more structured environment and make the leap straight into consultant territory. Lots more options, and even if you do have to take a more junior role you'll have enough backup on your CV that it won't really matter.
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