Leaving contract and going permanent, what's your view?

[ladymuck]

That is much too sensible a response! Remember where you are for goodness sake!

Sorry sir, won't happen again sir.

[northernladuk]

Take it and relax. Market is absolutely dire at the moment so the peace of mind will be worth plenty. Get in, smash the training, CPD and whatever, get promoted, gain skills and be ready to jump back in to the market.

[vetran]

Take it and relax. Market is absolutely dire at the moment so the peace of mind will be worth plenty. Get in, smash the training, CPD and whatever, get promoted, gain skills and be ready to jump back in to the market.

Indeed use them like NLyUK on an expense account! The more excited you sound about training, opportunities & progression the happier they will be. They will think they have converted you to a permie. As NLUK says just skill up on their dime. The market can't stay bad for too long.

[CDP90]

Ultimately, the OP needs to understand what their alternatives are.

If the offer is indeed go perm or go home then what does the job market look like for them at the moment? Many people are finding it tough to get another gig, irrespective of what flavour of tax regime it falls under.

If you can handle being out of work for the 6+ months it might take to get another job, then walk and take your chances. Otherwise, take the perm role, make sure your notice period is as short as possible and keep earning while you look for something else.

If the work is ok and the people aren't complete retards to work with then why not?

Thanks for the response. They will still keep me if I want to continue working as a contractor and even the perm position is filled. The package is decent with annual bonus etc. As mentioned, total annual intake work out same as contracting rate if I add all benefits and perks. Only downside is about 2K less mostly and I will have to wait for annual bonus plus perks to match my contracting rate.

The market is indeed tough at the moment but luckily I still have both options; permanent role or continue as a long term contractor.

[CDP90]

Take it and relax. Market is absolutely dire at the moment so the peace of mind will be worth plenty. Get in, smash the training, CPD and whatever, get promoted, gain skills and be ready to jump back in to the market.

Bang on! This was my initial thought. I am not worse off pay wise and I get additional benefits. Thanks for the response.

[CDP90]

There are other clients that do provide an outside IR35 facility.

A side note for everyone, make a point of telling your pimps that you'll only sign outside IR35 contracts - keep the pressure on!

Unfortunately, market hasn't been great recently.

[northernladuk]

Unfortunately, market hasn't been great recently.

Indeed so a few months on the market looking for the next gig which could be christ knows where with no income will make your 2k income drop look a bit insignificant. Nothing wrong with battening down the hatches and skilling up at the moment.

[gables]

Thanks for the response. They will still keep me if I want to continue working as a contractor and even the perm position is filled. The package is decent with annual bonus etc. As mentioned, total annual intake work out same as contracting rate if I add all benefits and perks. Only downside is about 2K less mostly and I will have to wait for annual bonus plus perks to match my contracting rate.

The market is indeed tough at the moment but luckily I still have both options; permanent role or continue as a long term contractor.

There are some (more) sensible replies to your question; for me though if, maybe a big IF but you would know how big, continuing as a long term contractor is a genuine option having said no thanks to permie then I'd be staying as a contractor, reasons (1) 2k/month more and (2) I wouldn't be trusting the annual bonus appearing, oh and I couldn't give a crap about the other "perks"

Do you feel lucky, punk, well do you :-)

[CDP90]

There are some (more) sensible replies to your question; for me though if, maybe a big IF but you would know how big, continuing as a long term contractor is a genuine option having said no thanks to permie then I'd be staying as a contractor, reasons (1) 2k/month more and (2) I wouldn't be trusting the annual bonus appearing, oh and I couldn't give a crap about the other "perks"

Do you feel lucky, punk, well do you :-)

Thank but the perks is actually not too bad with company shares, attractive pension, bonus between 20% - 50%. If I calculate all the perks along with annual leave, there is about 5% more money than contract. It's just that my mortgage is very high and I am worried about 2K drop every month.

[CDP90]

Indeed so a few months on the market looking for the next gig which could be christ knows where with no income will make your 2k income drop look a bit insignificant. Nothing wrong with battening down the hatches and skilling up at the moment.

I agree, hence my dilemma.