Back to perm?

[BrianP]

Hi, I've been contracting 5-6 years and seen rate dropping and fiddling around on the £275-£300/day mark currently. Being offered perm around the 45K mark with current client - guess I'll just have to throw sickies when it comes to corp. do's, away days etc and be a perm with a contractor mentality if this is possible? With holidays, benefits, the gap is narrowing. Any suggestions welcome. Also I've hit the 40's and the travelling involved getting new contracts is becoming exhausting and could do with the quiet life right now.
Yours, Bri

[NorthWestPerm2Contr]

Hi, I've been contracting 5-6 years and seen rate dropping and fiddling around on the £275-£300/day mark currently. Being offered perm around the 45K mark with current client - guess I'll just have to throw sickies when it comes to corp. do's, away days etc and be a perm with a contractor mentality if this is possible? With holidays, benefits, the gap is narrowing. Any suggestions welcome. Also I've hit the 40's and the travelling involved getting new contracts is becoming exhausting and could do with the quiet life right now.
Yours, Bri

Go for it.

[Bunk]

Hi, I've been contracting 5-6 years and seen rate dropping and fiddling around on the £275-£300/day mark currently. Being offered perm around the 45K mark with current client - guess I'll just have to throw sickies when it comes to corp. do's, away days etc and be a perm with a contractor mentality if this is possible? With holidays, benefits, the gap is narrowing. Any suggestions welcome. Also I've hit the 40's and the travelling involved getting new contracts is becoming exhausting and could do with the quiet life right now.
Yours, Bri

Read some of this and decide if you want to end up like that.

[OwlHoot]

You'll pay loads of extra tax and have hardly any opportunities for expenses.

So unless you've had mostly short contracts with gaps between, you'll see a significant drop in income.

[northernladuk]

Hi, I've been contracting 5-6 years and seen rate dropping and fiddling around on the £275-£300/day mark currently. Being offered perm around the 45K mark with current client - guess I'll just have to throw sickies when it comes to corp. do's, away days etc and be a perm with a contractor mentality if this is possible? With holidays, benefits, the gap is narrowing. Any suggestions welcome. Also I've hit the 40's and the travelling involved getting new contracts is becoming exhausting and could do with the quiet life right now.
Yours, Bri

Why the hell would you be a permie with a contractor mentality? that is more likely to get you the sack than impress your client. You gave up contracting to be a permie... so be a permie.

[BrianP]

Go for it.

Based on some rough calculations (not considering tax issues):-

Perm @ £45,000 = £173 / day; inc. 25 holidays + 8 bank holidays = 33 free days = £5,709 f.o.c.

Contract £275 / day = £71,500 - 33 (holidays) *£ 275 = £9,075 = £62,425

Also, have career progression with a route into a business analyst role and training.

Think I rename my user id to BriPerm2Contr2Perm

Bri

[NorthWestPerm2Contr]

Read some of this and decide if you want to end up like that.

[Doggy Styles]

If its a good deal go for it. You'll eventually get your wanderlust back and return to the travelling, and if you don't, you made the right decision!

[BrianP]

Why the hell would you be a permie with a contractor mentality? that is more likely to get you the sack than impress your client. You gave up contracting to be a permie... so be a permie.

I am envisaging taking a detached approach to management and keeping things strictly to the business in hand. I agree, it may not work but will see how it goes.

Bri

[BrianP]

Go for it.

Here are some rough calculations (not considering tax issues):

Perm @ £45,000 = £173 / day; inc. 25 holidays + 8 bank holidays = 33 free days = £5,709 f.o.c.

Contract £275 / day = £71,500 - 33 (holidays) *£ 275 = £9, 075 = £62,425

I also have a career route into a business analyst role with training.

Think I'll ask for my user id to be changed to BriPerm2Contr2Perm

Bri