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Previously on "FTC For All IR35 Caught Contractors"

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  • KentDogWalker
    replied
    Originally posted by wattaj View Post
    FTC = Permie money with ALL Permie benefits.

    See here: A love letter to hiring managers: we need to talk about the elephant.
    dang i thought i had an insect in my MBP 16" with your ava

    Leave a comment:


  • LetterBox
    replied
    FTC have most if not all the benefits of a permie at that client.

    You will be offered a salary that is around the perm salary
    You will likely be tied into a 12 month contract with a hard line 4 week notice period.

    You'll be a permie, but at least know when you'll be sacked rather than waiting for HR to tap you on the shoulder one day.

    Unless it was my dream job and they currently had no ability to offer a perm role, then I'd rather be benched and keep looking.

    Leave a comment:


  • Martin Bank Holiday
    replied
    Originally posted by malvolio View Post
    What agency? FTEs are full employees...
    It seems that, owing to the short timescales, they are not implementing any payroll changes so affected people will go on the payroll of their preferred agency.

    Leave a comment:


  • malvolio
    replied
    Originally posted by Martin Bank Holiday View Post
    Just got the email from the client. While they say that they are looking at each role individually they have stated that all IR35 caught contractors will be expected to switch to a Fixed Term Contract from April 2020. No option to use a brolly and PAYE will be deducted by the agency.

    My attitude to FTCs has always been don't touch with bargepole. Permie money with now permie benefits.
    What agency? FTEs are full employees...

    Leave a comment:


  • wattaj
    replied
    Originally posted by Martin Bank Holiday View Post
    Just got the email from the client. While they say that they are looking at each role individually they have stated that all IR35 caught contractors will be expected to switch to a Fixed Term Contract from April 2020. No option to use a brolly and PAYE will be deducted by the agency.

    My attitude to FTCs has always been don't touch with bargepole. Permie money with now permie benefits.
    FTC = Permie money with ALL Permie benefits.

    See here: A love letter to hiring managers: we need to talk about the elephant.

    Leave a comment:


  • Amanensia
    replied
    If it's an FTC on your contract daily rate, it's probably not too dissimilar to umbrella. Possibly a lack of pension options. FTC on typical FTC/permie rates though - agreed, avoid!

    Leave a comment:


  • Martin Bank Holiday
    started a topic FTC For All IR35 Caught Contractors

    FTC For All IR35 Caught Contractors

    Just got the email from the client. While they say that they are looking at each role individually they have stated that all IR35 caught contractors will be expected to switch to a Fixed Term Contract from April 2020. No option to use a brolly and PAYE will be deducted by the agency.

    My attitude to FTCs has always been don't touch with bargepole. Permie money with now permie benefits.

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