Contract vs Permanent Job Opportunities

Contract vs Permanent Job Opportunities


posted on:
by Namratha


Cotract Job Opportunties 

Advantages of a contract role: 

  • Higher rate of pay.
  • Contractors earn up to 20% more than permanent recruits
  • High level of flexibility as you're in charge of your own work schedule
  • Opportunity to learn and develop your skills very quickly and a chance to experience working with different projects, products and cultures
  • Flexibility in lifestyle due to the nature of contracting. At the end of every contract you’re free to decide the length of your break before you're ready to get  back to work
  • Contract positions usually have a shorter notice period than a permanent position

Factors to take into consideration:

  • Tax payment procedure is an area of slight inconvenience as you would have to individually handle the process rather than having the company deduct it at source
  • Lack of security since you’re back on the market every 6 months on average
  • Due to the nature of short term contracts, your CV might be seen as jumpy
  • Harder to secure a mortgage as banks prefer a more stable income source
  • You are not entitled to paid sick-days or paid holidays, since you are only paid for your presence onsite
  • Can feel disconnected from the rest of the team 

Permanent Job Opportunties 

Advantages of a contract role: 

  • Job security
  • Simple tax process, since the employer deducts tax on your behalf
  • Ability to experience a well-knit work culture. Working daily with the same team will help build rapport and a strong team-spirit
  • Paid leave. In Ireland permanent staff are entitled to at least average of 20 days of annual leave Job advancement is more of a possibility when it comes to a permanent position. Once you’ve shown the company your competency and loyalty over a period of time, you should see career progression with the organisation
  • Benefits such as health insurance and retirement benefits to ensure a more comfortable lifestyle are often provided

Factors to take into consideration:

  • Lack of flexibility as you are required to adhere to company working hours and holiday policies. You do not get the option to take longer spells off between contracts
  • Lack of variety. If you’re looking for constantly varied work, environments and cultures, a permanent role rarely offers that. You tend to face the same team, place and project daily
  • Can be harder to leave your permanent role since notice periods are generally longer than contract roles. Also after working closely with the team you may feel emotionally more attached to the people and the company


Latest Insights


Living In Ireland Guide

Living In Ireland Guide