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When trying to decide between contract and permanent positions, keep in mind some of
the following points.
 
Direct/Permanent- Hire
Advantages:
Disadvantages:
  • Potential for stock options
  • Retirement plans
  • A place to belong
  • Stability
  • A nice office/work area
  • Continuing technical education, and Career growth.
  • More potential for paid training
  • Risk of being "pigeon-holed" on one project or application
  • Greater likelihood in some companies of doing strictly maintenance
  • Lower cash compensation than with contract
  • Fewer professional contacts in the development community
  • Unpaid overtime
  • Lack of variety at some companies
 
Contract Consulting
Advantages:
Disadvantages:
  • Increased income
  • Project variety
  • Flexibility
  • The chance to experience a company before you commit to full-time employment
  • Quick hiring decisions
  • Paid overtime
  • The chance to build your professional network rapidly, and
  • The opportunity to stay on the bleeding edge of technology
  • Lack of stability
  • The risk of being released on short notice
  • Lack of a defined management career track
  • The necessity of making a quick decision on offers
  • Less-than-ideal working conditions at some companies, and
  • Having to interview more frequently.
 
Thinking about contract? Be sure to read these guidelines to determine if you can classify
yourself as an independent contractor (1099 or incorporated).
 
 
 
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