Results of the public sector consultation is up

[LondonManc]

This is something I keep thinking about.... I reckon my gross contract rate is about 40-50% above my likely permie salary (at least locally) and that's always been something that is important and is good compensation for risk and lack of perks. I've done a few public sector contracts and it does feel likely that if rates don't go up to compensate then that will be squeezed and I won't be making a lot more than if I was a permie somewhere.

I console myself with the fact that I didn't become a contractor for (just) the money.

I get bored very easily. I don't like to work on the same thing for years on end. I've worked for consultancies before to try and avoid this but have managed to get stuck with clients for ages regardless. I enjoy my variety. It helps me improve my skills and learn more and keeps me challenged. This won't change.

My Limited Co also does more than just contracts. I do a number of smaller engagements every year, training courses and the like and purer shorter term consultancy (where there's more of an output sort of). This makes me genuinely feel that my company isn't just a vehicle, it is a business I run and I'm doing what I can to increase the amount of work I do in this way. If my "day jobs" end up caught by IR35 then the rest of my business doesn't and goes on as it always did.

This all kind of makes me at peace with whatever happens and if it becomes less profitable to contract then I'm pissed off but I still won't be going permie.

I'm in a similar mindset where I don't want to support a project that I've just put in because there's nothing to go wrong and only minor increments to develop. Fortunately I'm working on a plan B to get me into a different situation before this comes and bites the private sector. Hopefully before then they'll realise that it's screwing the public sector over completely - the question is, how many permietractors will jump from PS roles before the end of next summer; at that point, they'll know whether it's working or not.

[northernladuk]

To a certain extent I agree with you, however I think a lot of contractors will go Permie when they become caught by the PS rules and the same will happen when it is rolled out to the private sector. I would seriously question traveling 2.5hrs a day for an extra 15% in pay, with no expenses to claim, paying full whack tax and none of the permie perks.

Absolute poppycock. How about option of just finding another gig?

[LondonManc]

Absolute poppycock. How about option of just finding another gig?

Very much depends where you live I'd imagine and what the market is like there.

For example, I could handle still working in London inside IR35 but expensed (expenses included in the contract and picked up by client) or no expenses and outside IR35, but not both. I'd probably end up either restricting myself to northern contracts or going perm.

[northernladuk]

Very much depends where you live I'd imagine and what the market is like there.

For example, I could handle still working in London inside IR35 but expensed (expenses included in the contract and picked up by client) or no expenses and outside IR35, but not both. I'd probably end up either restricting myself to northern contracts or going perm.

Indeed but you do you really think a lot of PS contractors will go perm?? Perm... not contracting under the new rules. He says perm.

[LondonManc]

Indeed but you do you really think a lot of PS contractors will go perm?? Perm... not contracting under the new rules. He says perm.

I don't think they'll necessarily go perm at PS, but may well go looking for perm elsewhere. From a £70k/year permie tractor role to a £40-50k perm role with all the rights benefits wouldn't be a daft move for them. Many bum-on-seaters riding their luck at the moment, so why not?

[BlueSharp]

Indeed but you do you really think a lot of PS contractors will go perm?? Perm... not contracting under the new rules. He says perm.

Read my comment again I'm stating when this change is also rolled out to the private sector as well. Clearly some in the Public Sector will look to move into the private sector gigs to get around the rules, but once the rules hit the private sector what would be the point? Unless rates rise substantially I will be looking to do plan B full time failing that it will be back to Perm and plan C.

[eek]

Read my comment again I'm stating when this change is also rolled out to the private sector as well. Clearly some in the Public Sector will look to move into the private sector gigs to get around the rules, but once the rules hit the private sector what would be the point? Unless rates rise substantially I will be looking to do plan B full time failing that it will be back to Perm and plan C.

While there is a general assumption that these rules will hit the private sector we ain't there yet...

[BlueSharp]

I don't think they'll necessarily go perm at PS, but may well go looking for perm elsewhere. From a £70k/year permie tractor role to a £40-50k perm role with all the rights benefits wouldn't be a daft move for them. Many bum-on-seaters riding their luck at the moment, so why not?

+1 I know a couple of London based none IT permie tractors that have effectivly Friday-Monday switched from the PS to a consultancy who will go back to being Perm.

[Hotsauce56]

Junior permie at my Public sector contract on circa 40k has been kicking up a fuss for the last few months wanting to go contract as he got wind of how much the contractors around him were getting.

He finally got his way today and came in this morning letting everyone know.

I cant wait to see the look on his face when I tell him why I'm leaving next week...

[LondonManc]

Junior permie at my Public sector contract on circa 40k has been kicking up a fuss for the last few months wanting to go contract as he got wind of how much the contractors around him were getting.

He finally got his way today and came in this morning letting everyone know.

I cant wait to see the look on his face when I tell him why I'm leaving next week...