Been consulting for "CLIENT A" since July with a day rate of 750+. Now client sent me SDS ruling the role to be inside. They have asked me to move into PAYE starting April. Its not a bad deal considering current market situation. They wil not be deducting Employers NI from my daily rate.
I am considering following option but stil cant make up my mind
- PAYE conversion with current client (CLIENT A) post March (promised to convert as permi later in the year)
- Permanent Employment with current client (CLIENT A) starting May taking a month break in April.I can push for this as deal breaker and grapevine tells me usual conversion offer is 130K+
- permanent Employment with different client (CLIENT C) who can stretch up to 110K BASE+Bonus (this in final stages of negotiations). This is small foriegn bank with better work life balance
- Reach out to US consultancy who may get me short term contracting role in EU or perhaps travel to US/Canada for 3 months project until dust settles down here. This means need to be away from family and I have school going kids.
Another worry for me is that I was with CLIENT A before for 4 years prior to this role and delivered 2 separate projcects. I didnt renew in 2018 and did another year with CLIENT B before coming back to CLIENT A for current role since July.
I have been in contracting for more than decade and want to continue in contracting but literally no one in the market is hiring outside. I expect more demand for my skills (Fintech software) for next few quarters with some regulatory changes coming up.
Just wanted to get views on which is the most risk averse option of the above.
I am considering following option but stil cant make up my mind
- PAYE conversion with current client (CLIENT A) post March (promised to convert as permi later in the year)
- Permanent Employment with current client (CLIENT A) starting May taking a month break in April.I can push for this as deal breaker and grapevine tells me usual conversion offer is 130K+
- permanent Employment with different client (CLIENT C) who can stretch up to 110K BASE+Bonus (this in final stages of negotiations). This is small foriegn bank with better work life balance
- Reach out to US consultancy who may get me short term contracting role in EU or perhaps travel to US/Canada for 3 months project until dust settles down here. This means need to be away from family and I have school going kids.
Another worry for me is that I was with CLIENT A before for 4 years prior to this role and delivered 2 separate projcects. I didnt renew in 2018 and did another year with CLIENT B before coming back to CLIENT A for current role since July.
I have been in contracting for more than decade and want to continue in contracting but literally no one in the market is hiring outside. I expect more demand for my skills (Fintech software) for next few quarters with some regulatory changes coming up.
Just wanted to get views on which is the most risk averse option of the above.
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