Contract VS Permanent

Contract VS Permanent

Does this sound familiar?

You have been looking for a permanent developer for the last 2 months, you haven’t seen many promising perm CV’s, you’ve been messed around by the good ones you have seen, spent hour’s talking to recruiters both internal and external, only to end up without a new developer and now you’ve lost ground on a number of important projects. Maybe the current team are being overworked and getting frustrated too? 

I have a solution.

To take on a contractor on a day rate contract costs on par, sometimes less, than hiring on a permanent employee, plus you won’t lose 3 months of your life, your current team or any ground on that vital project! 🙂

Contract VS Permanent

Contract: £375 per day

Permanent: £55,000 per annum

Contract VS Permanent

Contract: Employers NI 13.8%

Permanent: Employers NI 13.8% – (You pay)

Contract VS Permanent

Contract: Employees NI 12%

Permanent: Employees NI 12% – (You pay)

Contract VS Permanent

Contract: Finder’s Fee (Zero)

Permanent: Finder’s Fee Avg 20% (You pay)

Contract VS Permanent

Contract: Avg 28 days holidays per annum

Permanent: Avg 28 days holidays per annum (You pay)

Contract VS Permanent

Contract: Avg Sick days 10 days per annum

Permanent: Avg Sick days 10 days per annum (You pay)

Contract: Total cost: £82,500 per annum                                                   

Permanent: Total Cost: £80,190

(This figure does not include further costs associated with company perks ie; pensions, laptops, healthcare, bonus, training course etc.)

Additional benefits

  • Many contractors prefer longer contracts. If anything it will be your permanent candidates that are leaving to go contracting.
  • No recruitment finder’s fee. If a permanent member decides to leave (after the rebate) the fee is lost – (£11,000)
  • Contractors bring vast knowledge and experience to you and the team. Contractors are able to hit the ground running and do not take as much time or hand-holding to get up to scratch on your systems as maybe as a permanent developer would.
  • Contractors work on a day rate so their work mentality is to work at their full potential from day 1.
  • Flexible Notice periods and end dates on contract.

I have been placing Product & Engineering contractors for over 16 years, if you have any questions please don’t hesitate to get in touch call 07858 973 473 or email Jordan@lewishollings.com

References received by contractors can be found here: Hiring Contractors? Looking for a Contract role?

 

Hiring Contractors? Looking for a Contract role?

Are you a client who hires contractors into your Tech or Product teams?

Do you know what your contractor margins are? Do you know what percentage of the day rate goes to the recruiter and how much the candidate is actually getting?

Are you a candidate who has been negotiated down hard on your day rate? Did you feel like the recruiter would say anything to get you to drop that extra £20 or £50 per day?

Coupled with 15 years of tech recruitment experience, we have a completely transparent commission of just £50 per day here at LHR.

This means we regularly save clients 100’s sometimes 1000’s of pounds per month in comparison to other recruiters.

Screenshot 2019-06-05 16.28.48

Working with LHR means clients get the same quality contractor at a fraction of the fee and Candidates get to work on the same great gig but without the car boot sale type bartering and maybe end up with extra cash too!

Need a contractor? Looking for your next contract? Call us now on 07858973473.