The main issue for me would be the 3 years break.
Permanent might be the easier route to get back into work for you.
You might get lucky and pick up a contract role, especially if you go in with a lower than market rate, there will be places (or rather agents) who will see rate as an important factor.
You only have to browse these forums to see many posts of seasoned contracts being out for long periods of time.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Is it worth starting contracting now?
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Is it worth starting contracting now?"
Collapse
-
I would apply equally for perm and contract, and take whichever comes first.
What with the time it takes to land a perm job, you could probably have polished off a six month contract to take you to what may, in time, prove to be a Private Sector mess and then go into perm.
Good luck.
Leave a comment:
-
Originally posted by stit View PostHello everyone,
But, now that IR35 is going to be rolled out in private also from April 2020, I am not sure if it is going to be worth starting contracting anymore for my situation.
Stit
Using the uncertainty of *their* own rules to carry out a "smash and grab raid" to fund headline grabbing spending promises....one might argue!
The need for a contingent workforce (Contracting) is immutable and growing. This change will give it a good kicking, but unlike 20 years ago I do not see it killing off contracting. It is always my belief that with change comes opportunity and this is a big change so.....
As for Dyslexia: The Chairman of one of my companies had dyslexia and rose to become operational head of the Royal Navy. And the best boatbuilder I have ever known.....had dyslexia. So smart clients will recognise that Dyslexia is not a problem, but an opportunity.
Good luck!
Leave a comment:
-
Originally posted by stit View PostHello everyone,
I am new to this forum and need help from the experts.
I am software developer (IT consultant) with more than 10 years of experience and moved to UK 7 years back. I worked here for about 3 years as permanent employee. I had to quit because of my kids health issues. There was also concerns about my performance which I could not help it as I had no extra time to ramp up on newer technologies that I had to work on. I guess I dyslexic with APD (auditory processing disorder) which affects me at work.
After about 3 years of break, now I am thinking to join back to work. I was thinking I will try out contracting. But, now that IR35 is going to be rolled out in private also from April 2020, I am not sure if it is going to be worth starting contracting anymore for my situation.
Looking forward to helpful suggestions.
Thanks and regards,
Stit
The market is more competitive than ever from what I read and hear. As soon as clients get a whiff that a, kids health and b, you're own health may impact your ability to deliver, they'll drop you quicker than ducks going south in winter.
IMHO, you need permanent employment which should give you a safety net of sorts to cover any future issues you may encounter.
Leave a comment:
-
Originally posted by stit View PostI am not officially or clinically diagnosed of Dyslexia and APD but my online research and my friends sort of confirm it. P
Bluntly..... you need to get diagnosed or stop claiming to have these disabilities.
If you do suffer from them then you'll be diagnosed. If you simply cannot spell and don't listen, then you're not going to last long in any job, and especially not contracting.
This may sound harsh, but in an industry where evidence is key, 'my mates sort of' confirmation is of no use.
Leave a comment:
-
Originally posted by stit View PostI am not officially or clinically diagnosed of Dyslexia and APD but my online research and my friends sort of confirm it. Probably, I could have been able to stay in my last permanent job if it was clinically diagnosed and informed to my employer.
Reasons for inclination towards contracting are :
- I think contracting jobs are easier and quicker to find than a permanent one. Is that so?in the past permanent jobs have taken 2-3 months for me to find. This time because of break, it may be 3-4 more months.
- I think I can reduce the rate if it becomes difficult.- I can visit my family which is in Asia between the contracts.
If IR35 does become an issue after April 2020, I can then switch to permanent. In that case I may have to close down my company. Not sure what are the cost over heads to have a company set-up run and then close down in 6-8 months.Last edited by northernladuk; 21 July 2019, 12:56.
Leave a comment:
-
Originally posted by Hobosapien View PostMy bigger concern, not knowing what you've been doing to keep your skills relevant, is how to get that first contract. So you may want to keep your options open and go for any type of work that appeals and is available, contract or permie, to get back in the game.
For the employer or client, it will be less riskier to hire me as a contractor than a permanent one. Yes, there will be 6 month probation in case of permanent but in contracting it is not even weeks.
Leave a comment:
-
Originally posted by ladymuck View PostContracting can be fairly unforgiving and if your APD is quite bad you may find clients choose someone else over you, or release you early once they find out. Technically they can't discriminate but there's a whole heap of ways they can say you're not suitable for a role without mentioning APD.
I would do as Watty suggests and wait out the forthcoming IR35 changes and see what the landscape is like once things have calmed down a bit.
Reasons for inclination towards contracting are :
- I think contracting jobs are easier and quicker to find than a permanent one. Is that so?in the past permanent jobs have taken 2-3 months for me to find. This time because of break, it may be 3-4 more months.
- I think I can reduce the rate if it becomes difficult.
- I can visit my family which is in Asia between the contracts.
If IR35 does become an issue after April 2020, I can then switch to permanent. In that case I may have to close down my company. Not sure what are the cost over heads to have a company set-up run and then close down in 6-8 months.
Leave a comment:
-
Now is as good a time as any, if you can find the work.
There's always something on the horizon that threatens to be the 'end of contracting', but while companies need short term specialist resource there will be a need for contractors. Whether there are enough contractors willing to continue offering their services depends on the compensation for inept government meddling. i.e. Show us the money.
My bigger concern, not knowing what you've been doing to keep your skills relevant, is how to get that first contract. So you may want to keep your options open and go for any type of work that appeals and is available, contract or permie, to get back in the game.
Leave a comment:
-
Contracting can be fairly unforgiving and if your APD is quite bad you may find clients choose someone else over you, or release you early once they find out. Technically they can't discriminate but there's a whole heap of ways they can say you're not suitable for a role without mentioning APD.
I would do as Watty suggests and wait out the forthcoming IR35 changes and see what the landscape is like once things have calmed down a bit.
Leave a comment:
-
Originally posted by stit View PostHello everyone,
I am new to this forum and need help from the experts.
I am software developer (IT consultant) with more than 10 years of experience and moved to UK 7 years back. I worked here for about 3 years as permanent employee. I had to quit because of my kids health issues. There was also concerns about my performance which I could not help it as I had no extra time to ramp up on newer technologies that I had to work on. I guess I dyslexic with APD (auditory processing disorder) which affects me at work.
After about 3 years of break, now I am thinking to join back to work. I was thinking I will try out contracting. But, now that IR35 is going to be rolled out in private also from April 2020, I am not sure if it is going to be worth starting contracting anymore for my situation.
Looking forward to helpful suggestions.
Thanks and regards,
Stit
Good luck.
Leave a comment:
-
Is it worth starting contracting now?
Hello everyone,
I am new to this forum and need help from the experts.
I am software developer (IT consultant) with more than 10 years of experience and moved to UK 7 years back. I worked here for about 3 years as permanent employee. I had to quit because of my kids health issues. There was also concerns about my performance which I could not help it as I had no extra time to ramp up on newer technologies that I had to work on. I guess I dyslexic with APD (auditory processing disorder) which affects me at work.
After about 3 years of break, now I am thinking to join back to work. I was thinking I will try out contracting. But, now that IR35 is going to be rolled out in private also from April 2020, I am not sure if it is going to be worth starting contracting anymore for my situation.
Looking forward to helpful suggestions.
Thanks and regards,
Stit
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- HMRC warns IT consultants and others of 12 ‘payroll entities’ Today 09:15
- How you think you look on LinkedIn vs what recruiters see Yesterday 09:00
- Reports of umbrella companies’ death are greatly exaggerated Nov 28 10:11
- A new hiring fraud hinges on a limited company, a passport and ‘Ade’ Nov 27 09:21
- Is an unpaid umbrella company required to pay contractors? Nov 26 09:28
- The truth of umbrella company regulation is being misconstrued Nov 25 09:23
- Labour’s plan to regulate umbrella companies: a closer look Nov 21 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Nov 20 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
Leave a comment: