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    Nervous Newbie

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    Default Short Intro Just To Say Hi

    Hi All,

    I've been given my formal notice of voluntary redundancy, and currently working my 3 month notice and finish at the end of October.

    To be honest I always wanted to enter the contracting world but I did not want to leave my permanent job without a pay off. I am single and no one bringing in an additional wage so I have to careful with my decisions.

    But now I will have a warchest behind me, but want to find my first contract quickly although when I leave the job market will be slowing down due to the holiday period.

    It will be an interesting challenge but one that I will take on, i'm hoping a few of my contacts will help but ultimately I need to drive it.

    I currently work in Banking, a Project Manager at present but I do not want to continue is this role. Before I was an Implementation Manager and been in IT for 8 years. A plethora of experience and looking for a different role maybe PMO...we will see.



  2. #2

    TripleIronDad

    BrilloPad is always on top

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    Welcome CUK

    IMO going contracting is perfect if you are single. It is worse if you have dependants.

    Have you read the first timers guide(on the right)?
    I keep pushing forwards but they keep pushing me backwards. So I have new rules. 1. Don't feed the trolls you know they have no souls. 2. Don't respond to them they'll only post back back again. 3. Don't be their friend they'll only knife you in the back. I have new rules I count them.

  3. #3

    Godlike

    Paddy - scorchio!

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    Quote Originally Posted by Saffie8511 View Post
    Hi All,

    I've been given my formal notice of voluntary redundancy, and currently working my 3 month notice and finish at the end of October.

    To be honest I always wanted to enter the contracting world but I did not want to leave my permanent job without a pay off. I am single and no one bringing in an additional wage so I have to careful with my decisions.

    But now I will have a warchest behind me, but want to find my first contract quickly although when I leave the job market will be slowing down due to the holiday period.

    It will be an interesting challenge but one that I will take on, i'm hoping a few of my contacts will help but ultimately I need to drive it.

    I currently work in Banking, a Project Manager at present but I do not want to continue is this role. Before I was an Implementation Manager and been in IT for 8 years. A plethora of experience and looking for a different role maybe PMO...we will see.


    Good luck. However, you may have made a wrong move. Contracting in the UK is on the way out due to the new taxation regulations and downturn of the economy. I would suggest learning German and contract in Germany or Switzerland.
    Company high efficiency = the maximum profit for the least amount effort
    Individual, the maximum salary for the least amount of effort = low productivity

  4. #4

    Nervous Newbie

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    Quote Originally Posted by BrilloPad View Post


    Welcome CUK

    IMO going contracting is perfect if you are single. It is worse if you have dependants.

    Have you read the first timers guide(on the right)?
    Yes I have thanks, it's a lot to take in and my notice period is gettung shorter and shorter...

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    Nervous Newbie

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    Quote Originally Posted by Paddy View Post
    Good luck. However, you may have made a wrong move. Contracting in the UK is on the way out due to the new taxation regulations and downturn of the economy. I would suggest learning German and contract in Germany or Switzerland.
    Interesting theory, I wouldn't go so far as to say it's on the way out. The economy always has it's ups and downs but London is still a very strong financially.

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    Prof Cunning @ Oxford Uni

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    Quote Originally Posted by Saffie8511 View Post
    Interesting theory, I wouldn't go so far as to say it's on the way out. The economy always has it's ups and downs but London is still a very strong financially.
    He's not just talking about the economy, but the change in taxation rules that mean contractor take home pay is dropping through the floor.
    Strong and Stable Moderation

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    Nervous Newbie

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    Quote Originally Posted by WTFH View Post
    He's not just talking about the economy, but the change in taxation rules that mean contractor take home pay is dropping through the floor.
    Okay well I saw VR as an opportunity and still do, currently i'm not happy so couldnt see myself continuing as I am so its a welcome change. We will see what happens at the time.

  8. #8

    Prof Cunning @ Oxford Uni

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    VR can be a good opportunity to re-evaluate your life. Consider all options and take your time to make an informed decision.
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  9. #9

    My post count is Majestic

    northernladuk is always on top

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    Erm.. You've been notice you are being made voluntarily redundant? Someone 'suggested' I took VR when it happened to me so I got an employment lawyer to point out to them that's not how it worked and got 50% on my package. Maybe you applied and I'm just reading it wrong but if there has been any hint you must do it I'd follow that up.
    'CUK forum personality of 2011' - Winner - Yes really!!!!

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