Hello All,
Not your usual topic, but I suspect some of you may have been through this and I'm hoping to see what I am missing
Background on me:
Assumptions (which I would love corrected, if I am wrong):
I get a job at an average rate of 500 p/d:
Questions:
Sorry maybe its me, maybe its the job... contracting has taught me to keep my thoughts to myself when at the client / potential client which ends up meaning that I don't have anyone who I can consult for career advice...
Thanks Aj
Not your usual topic, but I suspect some of you may have been through this and I'm hoping to see what I am missing
Background on me:
- Working 6 years - 4 years perm - 2ish years on contract.
- Day Rate - ranged between 400 ~ 500 for the last 2 years, no time on the bench & tend to get contracts before leaving the one I'm in at the time. (market must be amazing because I really am not)
- I work for money, not because I love working
Assumptions (which I would love corrected, if I am wrong):
- Test Automation contractors make between 400 ~ 650 p/d (doing something in demand, top end is 600~650 @ I guess 5% of the market)
- If you want to make more you have to do something niche, that may get you a higher day rate but it also limits the number of contracts you can get long term.
- From my short experience I've learned that clients can use you as a consultant or a monkey on a seat churning work through, your job is to stfu and do w/e it is that is asked.... until it becomes unacceptable and you decide to part ways
I get a job at an average rate of 500 p/d:
- Working weeks in contract per year (average) -> 44 weeks
- 220 days * 500 -> £110,000 per year
Questions:
- Do I have it completely wrong, do people make way more money in contracts?
- Do management in companies make more money? I know its not for everyone ....
- Do I go back to Uni and do something like an MBA and does that translate into more money long term?
Sorry maybe its me, maybe its the job... contracting has taught me to keep my thoughts to myself when at the client / potential client which ends up meaning that I don't have anyone who I can consult for career advice...
Thanks Aj
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