Contracting Vs Full Time Work in the UK - Should you Consider Contracting?

Ever wanted to know the difference between full-time employment and contracting within the UK? This video aims to answer this question for you. ****** Check out my contracting course: The Independent Consultant - A guide to contracting within the UK masterigroup.com/the-independ...
👉🏿📝 Show Notes & Links 📝 👈🏿
How to become an Independent Consultant (Contractor) in the UK
• How to become an Indep...
Contracting in the UK Lessons Learned from the last 12 months
• Contracting in the UK ...
How to survive a recession as a contractor
• How to survive a reces...
The Contracting Advice Playlist
• How to become an Indep...
00:00 - 00:10 Introduction
00:10 - 01:05 How to find work
01:05 - 03:02 Applications and Interviews
03:02 - 04:12 Contract length
04:12 - 05:30 Notice Period
05:30 - 08:46 Security
08:46 - 10:07 Diversity of work
10:07 - 11:19 Experience
11:19 - 13:05 The type of work
13:05 - 15:00 Flexibility
15:00 - 17:22 Tax & Expenses
17:22 - 19:02 Compensation
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About:
Contracting feels like an elusive industry that is poorly understood by the majority. As a person who wanted to get into this space for a while, I found that not everyone was as willing to provide information. Slowly but surely this information is becoming common knowledge. If you are a permanent employee, then this video is for you, if you want to learn more about the difference between full-time permanent employment, and contracting within the UK.
Disclaimer: Some links in this description are affiliate links, which means I may receive a commission if you purchase from them. This helps to support my work focusing on creating everyday leaders through personal development, coaching, events and value-driven content.

[@MichaelTabirade]

Check out the Independent Consultant Course here: masterigroup.com/the-independent-consultant/

[@adejuwonodugbesi3102]

I tend to find that lot of people keep saying go contracting, which might not necessary mean more money, Also my question is what do you do with the money, do you invest? my point is that mindset is key.

[@MichaelTabirade]

I fully hear what you are saying. Going into contracting doesn't mean higher pay pro rata but in many instances it does. It is super useful if you have just become redundant, want to invest more into your business (assuming it is more time and money), or want a great sense of variety when building your portfolio career as examples. How you use the money is entirely up to you. Investing can mean different things for different people but the fact of the matter is you are lilely to be more financially conscious when it comes to due dilligence and financial planning. Otherwise, the question becomes is contracting the career you should get involved in. Thank you for your comment!

[@gbdaboss]

Thank you for this because I am dooonnnneeeee with working in the corporate sector. 100% do not recommend

[@MichaelTabirade]

Although it has its place, I hear what you mean clearly lol 🙏🏿🙏🏿🙏🏿

[@adejuwonodugbesi3102]

I get the gist, Although Independent Contractors work in cooperate sector too.

[@MuhammedLateef1]

Do a video on getting a mortgage as a contractor please

[@MichaelTabirade]

Thank you for the suggestion! Will see what I can cook up 😁

[@Lionel9664]

Thank you brother, really needed some clear advice on this. Could I reach out to you on LinkedIn?

[@MichaelTabirade]

No problem at all! Feel free to www.linkedin.com/in/michaeltabirade