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Difference B/W Contract & permanent Job.

1 reply [Last post]
Thu, 2006-08-31 00:10
Ritesh Kumar
User offline. Last seen 2 years 3 weeks ago. Offline
Joined: 9 Apr 2006
Posts: 49
Groups: Petro-Chem / Oil & Gas
Dear all
Can anyone help me to understand in Contract & permanent jobs benefits as well as feasible for better growth as a planner?
Which job is better in both as every aspect?
Kindly give me suggestion.


Regards
Ritesh Kr

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Replies

Thu, 2006-08-31 03:38
#1
John Lawson
User offline. Last seen 11 years 10 weeks ago. Offline
Joined: 6 Oct 2004
Posts: 113
Groups: Petro-Chem / Oil & Gas
Hi

The usual benefit with working Contract are the rates for Contract are a lot higher. In addition in the UK you can operate as a company this allowes various Tax benifits etc.

The down side are no holiday pay, no structured career development, no private medical care, no pension fund etc, items that usually are part of a Permanent job in UK.

Most planners I know spend the first few years a Permanent and for various reason end up as in Contractors i.e. employer goes "bust" etc. In my case I just got fed up with the lack of opportunity and the same old office ever day.

Looking back over 35 years of Contracting, that was best move I ever made, as I have since worked on some very intersting major jobs, travelled a lot at home and abroad and earned good money.

John

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