Is there really no security in contracting?

[Kelstar]

I'm restructuring client co at the moment... says it all.

[deanosity]

Is he a tightarse?

No problems with paying on time and approving expenses if that's what you meant.

I also get to sleep with his missus to.

[MyUserName]

Security means different things to permies and contractors.

To a permie it means that they can stay safely with that company and probably rise up through the ranks eventually.

To a contractor it means having enough money in the bank to pay living expenses for the next, say, 6 months.

I have witnessed contractors staying when permies were chopped but I have also witnessed the other. I have seen the case where they were paid for out of different budgets, at one point we had a different budget for another guy - he was a consultant but not a contractor etc.

He had been there 7 years and was the expert in one of the systems. Budgets got cut and he had to go on the spot, they could not rehire him due to the recruitment freeze - it was quite a blow to the department *shrug*

[NorthWestPerm2Contr]

One is job security, the other is career security... Different things so can't really compare with the permies. Also different outlook to work and expectation of that work so again can't compare. What a permie looks in a secure job is different to what a contractor considers secure...

Pretty flawed observation all round IMO. Time to ditch that client and get a new gig somewhere else so you can see if your observation still holds true or not.

You wanting to take over my role or something? What ever happened to completing the contract?

[BlasterBates]

Never forget the story of the permie who openly cheered as some senior manager bank he was working at gave a speech about how they all should be pulling together to get through hard times and was made redundant a week later.