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Reply to: Advice on contract vs a 12 month FTC?
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Previously on "Advice on contract vs a 12 month FTC?"
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I think "Simplicity" hijacked my thread!
Anyway… I accepted the FTC at an increased offer of £48k. A week later the other company finally decided to offer me the contract, but it was too late. The work involved in the FTC is going to look good on my CV and I'm sure it'll make me more competitive in the contract market afterwards.
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Originally posted by simplicity View PostUpdate- the FTC company increased the salary to £50k and I verbally accepted. But now my contract job have upped the rate to £260. What do I do? I feel bad to turn down the FTC as I verbally accepted and the job is interesting but my contract role will give me more take home pay as I'm ltd. I've been in same contract for some time.Originally posted by TheFaQQer View PostBoth of these are right.
Only you know which one is right for you, though.
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The FTC is basically with the same terms as a permanent role in regards to NI etc.
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Originally posted by mudskipper View PostThe FTC 'salary' - does the employer pay the Employer's NI? Or does that come out of your £50K. If the employer is paying the NI, then figures-wise there's not such a huge difference.
If the FTC is going to get you useful skills for the future, it sounds like a good bet.
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The FTC 'salary' - does the employer pay the Employer's NI? Or does that come out of your £50K. If the employer is paying the NI, then figures-wise there's not such a huge difference.
If the FTC is going to get you useful skills for the future, it sounds like a good bet.
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Originally posted by northernladuk View PostThere is your answer then IMO. Might not get as much as the contract role but call it an investment that will payback well over your career.
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Originally posted by simplicity View PostThe FTC is much more interesting and will definitely help me get a better PM contract in future. They upped the salary so appear serious - the other contract only upped the rate after I said I'm leaving despite me asking since last year. Also the rate increase has to be formally approved next month so not immediate.
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Originally posted by northernladuk View PostAgain.. forgetting the money aspect... Which of the two roles is more interesting and will give you new skills to be able to command more in the contract market?
Take the role which in 6-12 months time will enable you to command more in the contract market.
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The FTC is much more interesting and will definitely help me get a better PM contract in future. They upped the salary so appear serious - the other contract only upped the rate after I said I'm leaving despite me asking since last year. Also the rate increase has to be formally approved next month so not immediate.
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Originally posted by simplicity View PostUpdate- the FTC company increased the salary to £50k and I verbally accepted. But now my contract job have upped the rate to £260. What do I do? I feel bad to turn down the FTC as I verbally accepted and the job is interesting but my contract role will give me more take home pay as I'm ltd. I've been in same contract for some time.
Leave a comment:
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Originally posted by simplicity View PostUpdate- the FTC company increased the salary to £50k and I verbally accepted. But now my contract job have upped the rate to £260. What do I do? I feel bad to turn down the FTC as I verbally accepted and the job is interesting but my contract role will give me more take home pay as I'm ltd. I've been in same contract for some time.
Leave a comment:
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Originally posted by simplicity View PostUpdate- the FTC company increased the salary to £50k and I verbally accepted. But now my contract job have upped the rate to £260. What do I do? I feel bad to turn down the FTC as I verbally accepted and the job is interesting but my contract role will give me more take home pay as I'm ltd. I've been in same contract for some time.
Leave a comment:
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