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Permanent perks or Contract freedom? Find out which position best aligns with you!

April 9, 2024

When considering whether to pursue a contract or permanent position, it often depends on individual circumstances, career goals, and personal preferences.


Here are some factors to consider for either position:

Permanent Position

Job Security: Typically offer more stability and job security compared to contract roles. However, we have observed that there are still likelihood of facing sudden termination during this market condition.

Benefits:
Often receive a comprehensive benefits package, including health insurance, retirement plans, paid time off, and other perks. 

Career Growth:
Often provide structured career paths within the organization. You may have access to training and development programs, mentorship opportunities, and chances for promotions or lateral moves to broaden your skills and responsibilities.

Company Culture:
Allows you to fully immerse yourself in the company's culture, values, and mission. You can build lasting relationships with colleagues, participate in team-building activities, and contribute to the long-term success of the organization.

Stability:
If you value stability and prefer a predictable work routine, a permanent position may be more suitable.

Contract Position

Flexibility: Offer greater flexibility in terms of work duration and schedule. You may have the opportunity to work on multiple projects, gain diverse experiences, and explore different industries.

Higher Pay: Often come with higher hourly or project-based pay rates compared to permanent positions. This can result in greater earning potential, especially for specialized skills or short-term projects.

Independence: Allows you to maintain a level of independence and autonomy in your career. You have more control over your assignments, clients, and work environment.

Skill Development: Can be a valuable opportunity to develop new skills, expand your network, and enhance your marketability. You may gain exposure to cutting-edge technologies or industries that can boost your resume.

Ultimately, the decision between a contract and permanent position depends on your priorities, career objectives, and personal circumstances. Some individuals may prefer the stability and benefits of permanent employment, while others may thrive in the flexibility and higher pay of contract work. It's important to assess your own preferences, weigh the pros and cons of each option, and choose the path that aligns best with your goals.

Feel free to contact me at
suling@fundspartnership.com if you are keen to explore any opportunity with FP Global or to have a confidential chat. 👊

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