120 an hour 12 month contract or $140k full time salaried Big 4 M position?

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Posting as :
works at
You are currently posting as works at

$120 an hour * 40 * 52 = $249,600

You are looking at almost 2 years salary in one year. I think that’s an easy answer to go for contract.

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No project I was ever on as a contractor or with a contractor ever worked 52 weeks. Not saying that it isn't more valuable to be a contractor but it's not as valuable as the math you laid out.

Contract easy.

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It depends what you value. Contract would obviously be better $ wise but if you’re looking for job security and potentially a better exit down the line, then I would take the Big 4 M position. I’ve know a lot of people who went through contract route and all of them found it harder to get back to a full time regular role after but if you’re okay doing contract work for the foreseeable future, then I would take the money.

Sc1, I'd say layoffs at big 4 are extremely uncommon

Depends on the contract, but I'd lean towards that

Can you give me some pointers to look out for ?

Never calculate 52 weeks. 46 or 47 weeks. You will have 2 weeks of stat holidays, sick days and vacation. Sure you will make more money contracting and less taxes however if you want to grow in your career plus bonus and perhaps stock, over the long run you will make more as FTE.

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