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Contract or Permanent?

A permanent or a contract role - Which is best for you?

Do you crave job security? Or do you hate being stuck in a rut? Do you like the idea of belonging to an organisation, and advancing up the ranks, or do you like the thought of working three months, taking three off? Are you chiefly motivated by money or job satisfaction?

Contract or permanent - how do you decided which is best for you?

It may be that you have little choice in the matter, as many organisations employ only contract IT staff, because of the project based nature of IT. In the world of rapidly changing technology, driven often by consumer demand, there will always be a high need for technical professionals on a contract basis. How permanent is a permanent job anyway? Times have changed. There is no longer such a thing as a job for life, and less and less little gold clocks adorning mantelpieces across the nation. However you may crave job security, and simply hate the thought of having to make new acquaintances every few months.

The following lists the most obvious pros and cons for both contracting and permanent work. What is most important to you?

CONTRACTING

PROS

CONS

More money

No holiday or sick pay, or other benefits

Variety - new challenges

Lack of job security

Flexibility – take long holidays when you want them

Risk of periods of unemployment

Independence – you are your own boss

Resentment from permanent staff

Opportunities to learn more

Lack of career advancement

‘Try before you buy’

Have to pay for and organise your own training

No office politics

Less likely to get involved socially

Networking and contacts

You may not necessarily be there to witness your efforts come to fruition

Build experience on resume

May make you look fickle to prospective future employers

PERMANENT WORK

PROS

CONS

Company benefits

Less money

Paid Holidays and sick leave

Paid standard salary even if you work consistently extra hours

Career advancement and promotion

Inflexibility – may not be able to take time off when you want

Job Security

Lack of variety - potential boredom

Training and development

Less opportunity to try/learn new things

Job satisfaction and sense of achievement

Office politics

Feeling part of company/team spirit

Feeling owned by the company

Trust factor

Easy to get stuck in a rut
















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