Re: Anonymous Contractor
Apologies in advance as I don’t like to be personally critical but don’t be naive that you think that this won’t affect permies in years to come. When orgs can push all “perms” was through umbrella companies, which they will do, who’s gonna pay for your holiday, sickness etc. cover and your pension contributions. When orgs understand they can get the same workforce (if we do give in) and save themselves about 40-50% “taxes” (Employers NI of 13.8%, Apprenticship Levy 0.5%, holiday pay ~5-10%, pension contributions ~5-10%, training ~3%...+ expenses and perks like company car, health insurance), which way do you think they’re gonna go? I hope you are very comfortable and confident in your specialties in your role...because, quite frankly, there are probably 10x the amount of contractors that have more experience cross-industry in that specialism than you (yes, I admit I haven’t read your profile).
Also bear in mind that contractors in the £50k-£150k bracket, i.e. most contractors I know and have known, actually pay 3.3% more in effective tax than permies already (https://www.contractorcalculator.co.uk/comparing_taxes_contractors_versus_employees.aspx)...and that’s excluding the 20% VAT that contractors pay as they are often end of the line.
Biting the hand that feeds IT
