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Contract Types

This is just a quick note about Salaried/Fixed Term Contracts (FTCs), as its one of those FAQs I get.

A Salaried or FTC contract is where the employer is paying on a payroll basis (i.e. not an independent company contract). In short, it’s like being a permanent employee, except you know what your end date is. Some people refer to this as “the worst of both worlds”, but it does have its advantages, mainly

  • Usually you get the same benefits that the perm-ies get (invitations to Xmas dinners, pension etc)
  • Paid Holidays
  • If you are moving countries, you won’t have to set up a new company – also, unlike daily rate contracts, the company is your potential employer, so it is more straightforward for them to consider you if you need visa/green card etc.
  • It can be a doorway into a permanent role with a company
  • Some companies have told me that they almost never hire on a perm basis, that its always on an FTC and the just offer the people that work out into permanent.

Hope that’s clear, if you want to know more, give me a call or email me.

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