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Previously on "Was thinking about going for a permie job"
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what I 've been hearing is contract market dead, permie market live and kicking. So given ths current situation with projects being canned on a daily basis, I would advise anyone to take what they can. Things are more likely to deteriate next year, so I think waiting for a few months might mean facing a double whammy of a bad permie and contracting market.
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Whats all this permie talk?
im now wondering wether some of my contractor colleagues have a pair of balls between them.
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Originally posted by TazMaN View Post20k a month isn't that bad though, given the circumstances.
Permiedom? The dark side?
Only if a: The package offered is fantastic; b: You have the opportunity to milk it for all it's worth in terms of development and training; c: You wangle a 1 month notice period; or d: You have absolutely no other choice.
Me? I'd never entertain the idea. <cough>
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yeah the bit about building up savings as a contractor is fine when earnings after tax > bills depends on individual circumstances its difficult to assume the rule applies to all.Originally posted by Mich the Tester View Post…and out of a job without half the savings a contractor can build up as soon as EmployerCo’s quarterly results are down a bit.
If you’ve got some savings you don’t need to worry too much; you could get a fairly lowly job in the pub or a shop just to keep the bills paid and use your savings to tide you over until the next market improvement, which will inevitably come sometime.
Of all people, contractors should worry least; we haven’t had our self reliance and initiative bashed out of us by years of permiedom. Stay flexible, be prepared to take a lower rate for contracts where you learn new skills and you’ll be fine.
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The 'job security' is just nonsense. The first few months are on trial period, then you get a years' contract and then you'll get one month's severance pay for every year you slave away for EmployerCo. You won't earn enough to build up a good reserve of savings and if you do lose your job you'll be on unemployment benefit, which isn't much and doesn't last long.Originally posted by swamp View PostLook at a permie job as a (very) low paid contract. You'll receive supposed 'job security', but since you'll want to leave on day one this will be a mute point.
The word 'wageslave' wasn't invented for nothing.
Of course, if you've blown all your profits of the last few years on flash cars, big houses and posh suits, you might not have any other choice. Still; lesson learned, do better next time.
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…and out of a job without half the savings a contractor can build up as soon as EmployerCo’s quarterly results are down a bit.Originally posted by TazMaN View PostIf you simply accept a permie job because of fear, then your permiedom becomes your permiedoom, and you'll end up bitter and twisted for it.
If you’ve got some savings you don’t need to worry too much; you could get a fairly lowly job in the pub or a shop just to keep the bills paid and use your savings to tide you over until the next market improvement, which will inevitably come sometime.
Of all people, contractors should worry least; we haven’t had our self reliance and initiative bashed out of us by years of permiedom. Stay flexible, be prepared to take a lower rate for contracts where you learn new skills and you’ll be fine.
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One of the big reasons to enter permiedom would be to get experience in other technologies and learn new skillsets. If the job provides this then it is worth accepting it and providing a service to the employer for a couple of years through the downturn, while you pick up this new experience.
If you simply accept a permie job because of fear, then your permiedom becomes your permiedoom, and you'll end up bitter and twisted for it.
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Look at a permie job as a (very) low paid contract. You'll receive supposed 'job security', but since you'll want to leave on day one this will be a mute point.
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In a similar boat - I am currently thinking of taking a Perm but when it gets down to it I dont think I can be asked to go through the tulipe that goes with it, whilst there are benefits as such, the thought of Permie-dom just makes it tulipe.
Might hang about till March at latest and than re-evaluate or just go away for a good 3-5 months.
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Thinking about taking a permie job?
My advice:
Go and take a cold shower
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Just turned down a permie role
in an investment bank
Got a contract to go to in the new year even though it it is only for a couple of months it has given me some hope.
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moot point
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