Unfortunately in the current economic climate, more and more people are facing redundancy. Have you found yourself in this situation? If so, don’t despair!
The permanent job market is dwindling because companies are holding off taking on permanent staff and instead, are using contractors to be more cost effective. If you have toyed with the idea of becoming a contractor in the past, but never got round it because of one thing or another, now is the perfect time to give it a go.
When contracting, with the right skill-set, you can easily make your annual permanent salary within 6 months. Combine this with the flexibility that contracting brings to both your personal and work life and you will see why more and more people are becoming career contractors.
If you have decided to become a contractor, we recommend using an Umbrella Company to begin with; to make sure you are comfortable with the contracting lifestyle. Long-term, operating through your own limited company is slightly more tax efficient but until you are sure that is a route you wish to take, keep it simple!
ContractorUmbrella will help make your move into contracting an easy one. Our award-winning Umbrella service is an alternative to running your own Limited Company and the associated hassles it brings, leaving you with more time to enjoy your well earned money.
ContractorUmbrella’s sister company is Dolan Accountancy so, if somewhere down the line you do decide to set-up your own limited company, we can ensure the transition is a smooth one.
If you would like to discuss becoming a contractor, please do not hesitate to contact a member of our team on 01206 591 000 or email us at firstname.lastname@example.org.
Visit our Careers section for some excellent advice on getting your first contract.
Also visit our Umbrella vs. Limited page if you are undecided in which route to take.