Hi,
I’m interviewing for a job at RBC and i was indicated that the position maybe a contract role!
I wanted to know if contract roles have the same benefits as the fulltime roles? What is the tenure generally for contract positions? How easy/difficult is it to convert from contract to full time?

Thanks

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Based on my experience, contracts roles are paid more than FTE but again, you have to be careful as the recruiting agency may be eating more of your money. They may be charging RBC 120/hr and giving you just 50. So negotiate well. There are usually no benefits for contract roles hence the higher pay. For me,
I won’t do any contract role again because it’s uncertain and I love the perks of taking vacation, sick days etc as well as paying for professional courses. Sometimes when you add the benefits FTE gets, it may be higher than contract roles. With the knowledge I have now,
Contract roles may look good if you are doing 2 jobs simultaneously. Wishing you the best but pls negotiate well.

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Im currently FTE but the hiring manager asked me if I would be open to Contract position as well.. not sure how this works

All of your questions is for RBC. Contract roles and benefits etc. is based on the company. I’ve worked contract when my benefits were the same as employees and roles that the only benefits were a paycheck and experience.

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i just accepted a position with them and it was made clear it was not a contracted role.

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Typically you're paid more than an FTE but no benefits are included and tenure does not start until you are converted to FTE. If you are their ideal candidate see if the company will hire you on as FTE. I did well during my interview but I declined the role since I had tenure at my current role and didn't want to be a contractor. Citi bought out my contract and hired me an FTE.

Avoid RBC

They are laying off people every year and repost the job right away

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