Reply to: State of the Market

[Bluenose]

we already are, the market is almost as dead as COVID times, almost all contract interview processes are on hold indef

nah, nowhere near, it is quite possible that after a 3 year bear market that the tech contract market will ride out a recession in other areas of the economy.

[BigDataPro]

My reply was a reasonable response. Do you expect only strict yes and no, are we not allowed to expand on what someone has said?

I will edit the reply to include a response then I will expand. Maybe that's what you're looking for.

No. Don't fool yourself that this forum encourages or welcomes your opinion. There are handful of participants whose opinions are allowed, everything else is not. Don't waste your energy arguing. Take what is useful and move on.

[ConsultingTechArchitect]

That wasn't the question.

BTW, consider this a polite warning.

My reply was a reasonable response. Do you expect only strict yes and no, are we not allowed to expand on what someone has said?

I will edit the reply to include a response then I will expand. Maybe that's what you're looking for.

[WTFH]

Is it better than two £400 outside IR35 contracts at the same time?

That wasn't the question.

BTW, consider this a polite warning.

[ConsultingTechArchitect]

A 100k perm job is way, way better than an outside 400 a day contract ... no comparison. Its come to the point that I would also worry now about taking any outside Ir35 job after the MSCP debacle currently under way. Its just an all out war now by HMRC to ensure every contractor goes the PAYE route.

Yes, the 100k job is likely better from an income perspective.

Is it better than two £400 outside IR35 contracts at the same time though?

[SueEllen]

tempted to take a perm role, what would a perm role paying £100k tempted you away from? A £400 outside contract?

Just remember perm roles aren't that permanent.

I've worked alongside permies who have started at the same time/after me and then left jobs before I have....

[mogga71]

tempted to take a perm role, what would a perm role paying £100k tempted you away from? A £400 outside contract?

A 100k perm job is way, way better than an outside 400 a day contract ... no comparison. Its come to the point that I would also worry now about taking any outside Ir35 job after the MSCP debacle currently under way. Its just an all out war now by HMRC to ensure every contractor goes the PAYE route.

[ladymuck]

tempted to take a perm role, what would a perm role paying £100k tempted you away from? A £400 outside contract?

Perm to contract comparisons have been done to death on these boards. At the end of the day, does the take home pay and the entire package being offered (pension, medical cover, company car, holiday allowance, training/progression opportunities, team away days, annual reviews, sub-inflation payrises, etc etc) all stack up to be better than DIY via your own Ltd Co?

[ladymuck]

The job I was supposed to start on 16 May is still dragging its heels. Two more potential clients sniffing around. Will take the one that is first to get a contract drawn up. All in different industries that I've not worked in before.

I lied about taking the first to offer I got an offer from one client and told them they'd have to wait while I finished talking to the other. Now waiting on the second client to make a decision.

[KentDogWalker]

tempted to take a perm role, what would a perm role paying £100k tempted you away from? A £400 outside contract?

[ladymuck]

The job I was supposed to start on 16 May is still dragging its heels. Two more potential clients sniffing around. Will take the one that is first to get a contract drawn up. All in different industries that I've not worked in before.

[ConsultingTechArchitect]

we already are, the market is almost as dead as COVID times, almost all contract interview processes are on hold indef

What?

That is not what I am seeing at all.

Your mileage may vary... which is why your comment is silly in the first place.

[olisun]

But with the number of people arriving in the UK on Skilled Worker Visa's says otherwise.

Or is it ploy by the employers to show they are not able to fulfill the role and then get cheap labour in?

[KentDogWalker]

That might be market rate soon if we enter a recession

we already are, the market is almost as dead as COVID times, almost all contract interview processes are on hold indef

[Fraidycat]

That's why they are desperate - they can't pay the market rate.

That might be market rate soon if we enter a recession