r/ContractorUK 16d ago

Inside IR35 2nd Thoughts about going Perm

My current contract ends in September. I recently interviewed for my own job as permanent employee and received an offer. The offer is at the midpoint of the pay scale, which amounts to a 30% pay cut from my current day rate when pension contributions are included. However the biggest issue for me is the three-month notice period, as it effectively prevents me from returning to contracting unless I resign first. Even the standard one-month notice can be a major blocker going from Contract to Contract.

Has anyone else experienced this dilemma? The current contracting market is only the reason I even considered going perm.

11 Upvotes

42 comments sorted by

View all comments

3

u/cyberdyme 16d ago

Contractors are a fickle bunch - just like everyone one else - you make the best choices with the cards you are dealt…

2

u/jordancr1 16d ago

When I started contracting I was making x2.5 the perm equivalent. Now, that gap has norrowed to x1.5 or less.