Originally posted by BABABlackSheep
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Previously on "Opinion Please: Choosing between two offers Contract VS Perm"
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Originally posted by Amanensia View PostI rejigged my CV a couple of years ago to remove references to age and dates. Instead I now give some sample engagements, including client details but without dates, highlighting the relevant skills and experience from each etc. I've been going for 20 years with over a dozen different clients so I pick and choose which sample engagements to include based on the target role.
Edit. I've also tried leaving off location (because some recruiters are too location sensitive) and suspect this often results in not getting through.
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Originally posted by WindySong View PostWhat doesn’t kill us make us stronger
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Originally posted by WordIsBond View Post
If you have a massive mortgage and your pension plan was weak, and you have no way to pay off that mortgage without earning good money for the next 12-15 years, and you might be hungry and cold in retirement, best go perm, at least until the contract market looks healthier.
You're probably somewhere in between those two extremes. But you are probably closer to one than the other. The risk in the contract role is probably much higher. The reward also is higher. How much does the risk matter to you in your circumstances, and how much does the reward matter to you in your circumstances?
I jumped from perm at about your age. But honestly, I could have retired, if what I wanted to do wasn't more fun.
It’s certainly character building to deal with uncertainties and rejections. What doesn’t kill us make us stronger
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Originally posted by edison View PostOne major factor whether you like it or not is your age. I've worked at several FTSE100 and Fortune 500 firms and hardly anyone in the IT department was much over 50.
As time goes by, it's less likely you'll be offered a perm role. Another year or two and companies will be wondering when you'll be planning to retire which will make them even less likely to consider you.
This time round, I have not encountered much ageism. They are not supposed to ask for your age and if like others described one works on the CV to take out the time reference. They only asked for my ID when the offer is made. If after reviewing the age the offer is withdrawn, that’s definitely doggy! Perhaps because I have spent so long as a perm that I wanted to explore and be free. I think only time will tell if I have chosen wisely. Wish I have a crystal ball!
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Originally posted by simes View PostI would go one further.
Take the contract now, irrespective of aims come April. Once in, work to Prove your method of operating places you outside IR35 and, before renewal times closer to April, be prepared to educate from within on the basis of a bullet pointed list of proofs.
Money-wise, bird in the hand etc also suggests going for the contract role.
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Originally posted by Snooky View PostI should probably do this but my CV also has a full career history with dates. Did you just remove dates from your earlier career info or just slice off anything more than (say) 20 years ago?
I nowadays get caught out by not having specific experience in a particular industry. Its because there are so many applicants for every role, agencies want to place(whittle down)people who have worked at that place before or somewhere very similar. Never mind who’s actually good at what they do.
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If I was in your situation I think I would probably opt for the perm role, my reasons would be that with the uncertainly of IR35 and Brexit *sigh*, I would use the stability (well as much as a perm role gives) to ride the storm until things settle down.
I also think the longer you leave it (the closer to April 2020) the harder it will become, less contract roles (potentially, or more likely classed as inside) and tougher competition on both contract and perm roles.
Oh the joys!
WLB
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Originally posted by Snooky View PostI should probably do this but my CV also has a full career history with dates. Did you just remove dates from your earlier career info or just slice off anything more than (say) 20 years ago?
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Originally posted by BABABlackSheep View PostI’ve taken all reference to my age off my cv
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Thanks to all your thoughts and advice. My own thought pattern is along the same lines. With all the risks taken into consideration, my heart is still on taking a chance, third time lucky...fingers crossed!
The biggest deciding factor is the flexibility to take minimum salary and dividends due to my BTL income. TBH, I don’t have to work but a few more years to build up the funds will give me more flexibility in my retirement. Hence my motivation for putting up with the long commute. Also, I aim to WFH on occasions whenever I can once settled in.
The tricky thing is both jobs offers good prospect and I will be more marketable once I finish the project. It’s on a growth area which is dominated by contractors. Hence the reason for the increased pay on the permanent job because companies found it difficult to recruit perm on the midget salaries. Anyone with a few years of experience would be attracted by getting double the salary going on day rate. I won’t have considered the permanent role if the market was better, just bad timing.
So all thing considered, I am jumping in with both feet. Hopefully I will last longer than the previous contracts. Wish me luck!
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Originally posted by BABABlackSheep View PostI’ve taken all reference to my age off my cv. It’s against the law to discrimiate on age, but I don’t want anything going against me.
As far as the OP. All depends on your financial position.
However, those journeys will grind you down. Personally I would take the contract and stay the odd night away, you can afford to. Couple that with flexible working and you have a lot less stress. Instead of 10 journeys, you could get it down to 4 or 5 a week.
Also building up cash in your ltd company gives you options later in life if your wife decides to stop working.
Go with your gut is my best advice, but god I struggle with these decisions myself.
I am concerned about the journey too although I did it for a couple of years in my 30s, it’s certainly not something I look forward to. However the last gig was in London and I hated the packed commute. At least I have a guaranteed seat enjoy my lovely car which hardly get used and I have already talked with the other half about staying away some nights.Last edited by WindySong; 30 October 2019, 06:47.
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Originally posted by Lance View Posttake the contract on the proviso that it will be outside IR35 when the client has to make the determination. You may need to help them make that decision. Make sure you clearly understand what is needed for it to be outside and make it just like that.
The rate is not brilliant, but it's a damn sight better than £80k.
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I’ve taken all reference to my age off my cv. It’s against the law to discrimiate on age, but I don’t want anything going against me.
As far as the OP. All depends on your financial position.
However, those journeys will grind you down. Personally I would take the contract and stay the odd night away, you can afford to. Couple that with flexible working and you have a lot less stress. Instead of 10 journeys, you could get it down to 4 or 5 a week.
Also building up cash in your ltd company gives you options later in life if your wife decides to stop working.
Go with your gut is my best advice, but god I struggle with these decisions myself.Last edited by BABABlackSheep; 29 October 2019, 08:01.
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All good comments above. Age bias is a factor that I've experienced in recent contract roles, and cannot imagine it would be any better in a perm job. Whilst employers say they "accommodate" for various needs I've yet to see anything that addresses mature workforce. I'd incline toward the contract role, simply because you can keep looking and move as and when you like. Yes, the market is tough at the moment but its no easier to get a perm job (and then you have to jump through hoops like tests, videos, and multiple protracted interview stages, etc.). One other thing I would consider is which option would give you the best possibility to enjoy life overall. Good luck.
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