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2. Introduction
Contract Work:
Contract work, or contracting, often refers to project-based or time-sensitive jobs
that are carried out by.
professionals for a steady period of time – often 6 or 12 months.
Permanent Work:
A permanent job is a full-time, salaried position where you’re employed to work
a set number of hours per week, normally 36 or above, on a permanent contract.

3. Pros & Cons of Contracting vs.
Permanent Employment
• Pros Of Contract Work
• Better Pay
• Because contractors are
continuously moving to new
companies, they have more
opportunities to improve their
skillet. This can help them to
better their pay scale much more
soon than someone following a
traditional permanent career
path.
• Cons Of Contract Work
• Job Security
• Job security is one of the biggest
drawbacks to contract work, and
is stare to put a lot of people off
of contract work altogether.
• If it’s a project being cancelled, a
shift in demand for your skills, or
an economic downturn, your job
is not ever guaranteed.
• It’s important to get your skills up
to date and be at the top of your
game to try and avoid this.

4. Pros & Cons of Contracting vs.
Permanent Employment
• Permanent Work
• What Is Permanent Work?
• A permanent job is a full-
time, salaried position
where you’re employed to
work a set number of hours
per week, normally 36 or
above, on a permanent
contract.
• Permanent positions offer a
fixed salary with all tax and
deductions handled via your
employers’ payroll.
• Cons Of Permanent
Work
• Lower Pay
• Take home pay for
permanent work is
frequently lower than an
equivalent contractor, but
other perks and benefits
can sometimes make up for
this difference.

5. Other Considerations
• It seems that both contract
work and permanent
employment have
advantages and
disadvantages that will
make it difficult to fix which
choice is best for you.
• If you’re leaning towards a
contract position instead of
a permanent role, there are
few, more things to look at
before you make the leap.
• Applying For Jobs
• When your contract comes
to an end, you’ll have to
start the application process
all over again.
• This can be extremely time
consuming, and ultimately
any time that you’re not
working means you’re not
earning money.
• This is where keeping your
skills and CV up to date can
really give a difference.

6. Contract VS Permanent
Contract
• Job Security
• Job security is one of the biggest
drawbacks to contract work, and
is stare to put a lot of people off
of contract work altogether
• Better Pay
• Because contractors are
continuously moving to new
companies, they have more
opportunities to improve their
skillet. This can help them to
better their pay scale much more
soon than someone following a
traditional permanent career
path.
Permanent
• Job Security
• A permanent work contract means that
you’ll be paid your salary for the
duration of your employment, which
essentially runs indefinitely, until you
either decide to leave the position,
receive a promotion, or your employer
makes your position redundant or
terminates your employment.
• Part Of A Team
• As a permanent employee, you’ll
become part of a team that you’ll
spend time with each day, and will
experience the company culture and
office politics of the environment you
work within.

7. Comparison
Better Pay
Because contractors are continuously moving to new companies, they have more opportunities to improve
their skillet.
This can help them to better their pay scale much more soon than someone following a traditional permanent
career path.
Be Your Own Boss
You get to make the decision whether or not you take on a contract position, so if a role isn’t exciting go for
for you
then you can wait for few else to come along.
You’re also only employed for as long as the contract is running, so if you require to go away for 6 weeks in
the
summer when your contract is finished, then the world’s your oyster!
Job Variety
You’ll always be moving to new companies, meeting and working with new people, experiencing new office
cultures, and working on a
number of various challenges; so, if you’re the type of person that becomes uninspired after 6 months in a
job then contracting could be perfect for you.
Build A Network
Working as a contractor will inevitably lead to you building a solid network of connections across a variety of
different disciplines.

8. Reference
•https://www.newforceltd.com/in/
•https://www.newforcesolution.com/
•https://in.linkedin.com/company/newforce-
global-services-ltd
•https://www.newforcesolution.com/sap
•https://blog.newforceltd.com/

9. Thank You!