contract or perm decision to make

[welshboy]

I been at my place for a few years now contracting.. done a few courses etc, a lot of my family are contractors in my field.

i been offered perm except obviously the salary is 10k drop... but then the perm has other perks hol sick pay etc although i havent had sick for years.

i dont know what to do, stay contracting or go perm and need some advice. got to decide fairly handy.

the mrs votes i should stay contracting and move on, plus i see no progression in the place i work not in anytime soon anyway.

thanks

 

[welshboy]

Doesn't sound like a good place to become permanent in terms of prospects, although £10k is quite a small premium to be on as a contractor. It depends a bit on what your expenses are i.e. how much tax you can dodge as a contractor.

not loads but i dont claim mileage and travel etc.
i went ltd from the start after advice and its been good so far.

i am leaning towards the contracting role just bit nervous not been out of contract so far . got couple months warchest to find something.

 

[welshboy]

Two months is nowhere near enough of a warchest as a contractor. You should have six months minimum.

If that's all you've got put away after two years you've been doing it wrong!

i usually keep 4-6, just this year needed the funds, just got to build it back up again.