Advice needed.

I recently got a job offer for 40% salary increase and manager title. The position is also remote. However, this is a fixed term contractor position and only lasts 6 months. The company is also significantly smaller and less known than my current company. Suppose I won’t get promoted until late next year at my current firm, should I take the offer?

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

Risky to take a contractor job in this potential environment if we go into a full blown recession.

like

I doubt it would hurt your resume.

If you could set aside the increased pay to fund a rainy day stash then you could luck out and find another gig at the end of the contract or it may end up extended. That is a calculated risk to take and is solely based on your aversion to risk. Personally, I would not do it in the current labor market.

likehelpful

Personally wouldn’t take the risk of 6 month salary and title bump for a temporary position. Good to keep your job and keep hunting for FT positions like this one.

like

Since its a contract, can you do it on the side? Assuming it’s not in violation of your current work contract.

likefunny

Valid question lmao

Nope

Personally, I would not take the contractor position due to 6 months and no benefits. As many others have mentioned in comments, very risky in this economy…

Would you be a w-2 employee or 1099 contractor? If 1099, it’s not a 1:1 comparison to current salary. don’t forget about self-employment taxes, insurance, 401k matching, other benefits. Likely much closer than 40%, especially at senior level

Related Posts

Hi,

My technical round has been scheduled with TCS for front end, angular developer position.

Can anyone please help me, which type of questions generally asked in this video interview.

like

Hi folks, Can someone tell if below salary is sufficient for one person (6 YOE) to live in Melbourne, Australia


C&B fixed (gross): AUD 6500/ month Monthly overseas allowance: AUD 5800/month

like

Looking to move into an Enterprise AE role, likely selling to companies 10,000-20,000 employees. Any idea of what typical salary range would be?

like

Hey everyone! I’m a couple months in of trying to find a SDR role. Does anyone have any advice for interviews or just to stand out from the crowd? Any advice would be much appreciated!

like

Hello, anyone here who can guide regarding the interview process and preparation for Google Cloud Migration Consultant role?
Do they have the hiring committee and team match processes for India hiring as well or is it more straightforward?

Recruitment team has reached out and scheduled the first round and I am extremely nervous!!!*bites nails*

like

I have been waiting for an offer letter from Tata Consultancy It's been more than a month now.Salary discussion and document verification is already completed Can anyone help me. My EP ID is EP2021CN247102 Tata Consultancy

like

What is a typical junior AD salary in nyc? At small vs big agency?

like

Hi all, I interned at IBM Cloud this past summer and had an overall very positive experience. I’ve received an offer from IBM consulting to come in as an Associate Offering Manager. The offer is 77k base + 10k signing bonus. From my point of view, this is a strong offer, but not quite what I was aiming for. I’m in my final year of school and will have a B.S. in Information Systems & Business Analytics. Is this a good offer? Or should I look elsewhere?

like

What is the salary range for Senior Software Engineer in Oracle India? And can anyone explain the general designation hierarchy in Oracle?

Is joining cisco with 26 base 3 lk bonus and 3.5 joining bonus with 6yoe in Cisco webex good?

like

Other than salary, what other monetary benefits we get in ibm gbs

like

What is the salary range for Technical Lead role in Infosys ? I have a HR round coming up and don't want to get lowballed into that one.
Exp: 5+ yrs

like
like

Can anyone refer me for position of Data scientist.
I am currently serving notice period and have experience of 5.5 years

For those of you, who work for companies that want to return to in-person work from fall, are you planning to change jobs for a full-time/mostly remote option? I feel my company in financial services tech is thinking backwards, and that I need to move asap.

like
smart

What is the average salary for s Business Developer for a vocational services disabilities agency?

like

Hi all,
I have got an offer from quantiphi for data engineer position of 13lpa. YOE 3.2
Tech stack they are saying is aws etl python sql.
I have two questions is the compensation good and how is the wlb?

like

More Posts

I’m new here. Can I please get some likes 😩

likefunny

HCL 35LPA for Senior Project Manager with 15 years of exp. Is this a good deal to pick up?

like

Best credit cards for points redemption? Currently have delta platinum Amex and flying delta weekly.

like

Opinions on Utilization goals?

like

A Partner said they would reach out to discuss a passion of mine. It has been 2-3 weeks. I really want this conversation to happen. How do I remind them in a friendly, non-annoying way? Baring in mind they are doing me the favour.

like

Hi fishes aand sharks,

If we are not happy with the hike percentage in appraisal. Can we ask more in the meeting with the PM? Wil they consider this request?

@kpmgindia @riskadvisory #frm

like

I cleared my technical round, after that they gave me an assignment, which I also completed.
Now they send me an invite for product manager round. What will be the questions asked in this round?
Stack - Software Test Engineer (Automation and Manual)
Exp: 3.8 Years
This one for startup.

How do I start the divorce process? Do I have to get a lawyer? Help...!

Any male 🐟 that can share the experience of starting alpha blockers? I take it at bedtime and feel like I have a head cold in the morning. Dizzy all day too.

like

Finally got around to doing the gingerbread rugelach that was posted recently. Mine are vegan. Going in my gift packs with spiced nuts and rocky road (both also vegan). Happy Holidays and happy baking to all!

Post Photo
like

Is TCS or a mid level company good for an ETL testing with 10 yrs of experience.

like

For rent paid below 1 lakh there is no need to submit landlord's PAN. I have calculated based on my HRA and if I show rent paid as around 96k my tax refund will be around 13k.

However there is no rent agreement or rent receipts.

Will it be a problem later on if I show this in my ITR?

like

Any tips on how to perform a circle-up on registration statements?

like

Big 4 Interview Process when coming from a boutique firm? YOE, 4

like

Has anyone working tech for a bank been laid off yet? Tech layoffs all over the media but no one is talking about developers at banks (who make up 1/3 of headcount in some cases)

like

What is happening? Projects having budget problems and then cancelling the projects, teams moving to bench because of that

Would anyone be interesting in referring a friend of mine to their firm? He is a Nigerian-American who just got back from doing his mandatory year of work for the Nigerian govt and is having a cont...

like

Hello, any idea of compensation for Director grade in the Technology PEPI space in London? Thank you.

3rd cycle A here..... What are the chances for 4th cycle promotion?

Post Photo
likefunny

Hello Friends, I want to switch ASAP ☹️

Experience - 8.1 years. Designation - ITA
Skills/work experience : Spring-boot, lambdas / Back-end developer as well as Cloud solutions architect. Built 4 enterprise apps from scratch and moved it to AZURE/AWS with end to end setup.
Cloud : Azure / AWS
Current CTC : Highly underpaid (7 lpa)

Could someone please help to refer me somewhere in Mumbai or Thane? Want to get a better life and would be forever grateful for your help!

like

Additional Posts in Accounting

What questions does HR ask during an exit interview? Just curious.

like

What are all your firms doing to try and keep morale up? Mainly directed to senior/staff that were expecting raises/bonus/promos.

funnylike

Working with no budgets in any team. Partners indirectly encourage you to eat up hours. End of year it’ll hit my util even tho im 150% utilized. Getting sick of this nonsense.

likesmart

Anyone want to sell me their CFE books ?

like

Good bar spots around 345 park (KPMG) lol

like

Tax: how hard is for a big4 guy to get another big4 job in Europe? Which countries are the easiest?

like

What is the process for paying back your sign on bonus. Thinking about leaving Big 4 within clawback period and would like to hear perspectives/advice

like

What are PwC CMAAS exit opportunities? Other than technical accounting roles, are there other Deal exit ops?

like

What’s a good wireless printer?

like

Anyone have any good book recommendations around building passive income sources/building wealth?

like

Curiosity question - I’m a naturally very chatty senior and I’ve noticed that the staff 1s who are starting remotely and living at their parents’ home (which makes a ton of sense with the remote working) that I’ve been working with seem to want to chat about both semi related work stuff and non work stuff a fair amount. If you’re a staff living at home, do you enjoy having seniors who will chat with you about random things or would you rather just get your work done and log off?

like
like

Is anyone else feeling a lack of motivation b/c it feels like we get no actual reward for busting our asses. In all honesty, if I get another $50 in bravo bucks as some type of half-assed “reward” for this shit, some office space type shit is about to happen at one manhattan. Newsflash, we work in accounting & this shit does not compute...

likefunnysmart

Question for my friend at KPMG. Her MDs and Partners have been directing her to eat her hours. If she charges over 45 hours she will get emails from management and when she charges over 65 she got a call from a PPMD. I work at deloitte and have never been told to do this and thought it honestly was illegal. Thoughts? It doesn’t seem right that she’s having to eat those hours and feel scared when she’s working til 10/12 every night.

likefunny

Do you ever revaluate your whole career when someone from your team quits? Because same

like

How do you professionally and nicely ask about a task someone else previously handled and you see that it’s been assigned to you?

like

Which offer should I accept? Currently staff 2 at big 4 in Tax with CPA license. I want to leave tax ASAP. Both are public companies +1B in revenue and same salary. Offer 1 - staff revenue accountant so reading contracts, speaking with the sales team and legal team, a lot of work at the end of the months to close books and reconcile transactions to make sure we are ASC 606 compliant. This track usually leads to director of revenue. Offer 2 - internal audit staff so SOX and compliance projects.

likefunny

Which firms have the best tech/software?
What is Big 4 ranking in terms of tech?
How about local firms?

My laptop always crashes because it cant handle the software we use. Im on 3rd laptop.


Looking at making the jump, have offers from all the B4 and a few locals. Currrent tech is my biggest stressor and sometimes losing hours worth of work just ruins my day/week.

Primarily focused on Private Equity, and HNW.

like

Happy back door Roth Day, if you celebrate.

likefunny

Spell check in fishbowl is killing me - it keeps changing words without me noticing!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal