NES talks about career management
Posts tagged benefits
Switching from contract to perm – why, exactly?
May 13th
The contract market within the engineering market has been notoriously lucrative in former years. Contractors, while forfeiting their right to benefits like company cars, pensions and healthcare, earned considerably higher rates than their permanent counterparts and the flexibility from the labour market that they facilitated was welcomed by hiring managers.
Contractors were appointed for a project until their skills were no longer required and released with a typical notice period of just a week – when the contractor could look towards their next role or take the family away over the school summer holidays! More >
What makes companies prefer contractors?
Mar 18th
While the contract market within the engineering industry has declined as a result of the global economic downturn, a trend in the opposite direction – away from a permanent workforce – has been seen within the IT sector, at least in the UK.
The engineering industry has succumbed somewhat to ever-tightening budgets, but it appears as though in IT, appointing certain skill sets on a short-term basis in line with project demands is a more attractive option than hiring a permanent member of staff. More >
Four reasons that companies prefer permanent staff
Mar 17th
In a market that traditionally favours the flexibility of a contract workforce, there’s been a notable increase in permanent placements as a result of ever-tightening budgets and the need to accurately forecast hiring spend.
What can help in a situation where you could be expected to consider a permanent role, perhaps having spent years working on a contract basis, is to understand the advantages that a permanent workforce can offer hiring companies. Here are four key benefits: More >
Five advantages of permanent work
Feb 24th
“Contract or perm?” – It’s one of the most widely debated topics within the engineering community and, as with most things in life; there are pros and cons to both.
This is the first in a series of blogs addressing the advantages and disadvantages of working on a permanent or contract basis – for you and the company hiring you. More >