Quote:
Originally Posted by Unregistered
Thanks for yr reply.
the contract is 1 year and given the scope of project, it might be extended.
The downside of the perm role is just that the pay is 30% lower compared to contract, which also means I am taking a significant paycut from my previous job. Even if I switch job next time, it will be hard to get back the old pay since the difference is big.
The contract pay is closer to my old pay.
I am close to 40. So it’s a consideration between pay vs stability.
|
Do you view that the perm job is really that "stable" job ie good company, nice benefits and you can "relax" until your next big job ?
If not, then i will take the contract cos with a 40% hike, you are the same as taking the perm job for 2 years. And like you said, it may be extended.
I will however be very active in looking for new opportunities while in the contract role while seizing every opportunity to do more as well to become a perm. Also be wise in saving up aggressively for the while.
Finally i dont think there is no perm job these days. Everyone just does a job rotation or hop every few years. And companies downsize no matter whether it is perm or not. We need to aim for FIRE !