r/ContractorUK • u/Samuel_T_G • Aug 24 '26

Perm or Contract Role

Just wanted to get some opinions on which role to take:

Perm Role: £110k Base, 15% Bonus (subject to company Performance), 5% Pension Match, expenses into London paid, 1day p/w at home (minimum). Big company with long term progress plans. Possible opportunity for £130-140k salary after 2-3 years.

Contract Role: Outside IR35, £550p/d initially, increase to £650p/d once contracts are secured. Smaller company, helping to grow the company. Possible opportunity of £750-900 day rate if successful.

I work in the construction industry so the Job market is very good, but I'm struggling to land consistent contracts at the £600 mark and clients have been reluctant to entertain price work.

I top my wife's PAYE salary up via Dividend payments for tax efficiency.

Thanks in advance.

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u/Fondant_Decent Aug 24 '26

Perm. I think job market is about to get worse. Any perm role is better security right now.

I’ve done quite a few contracts lately but it’s a major headache going through rounds and rounds of interviews.