Permanent Vs Contract Work
The following tables show some of the relative pros and cons of contract and permanent employment.
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PERMANENT EMPLOYMENT
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PROS
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CONS
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Job security
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Potential boredom
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Company paid benefits
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Compulsory Medical Aid/Pension schemes may not be suited to your requirements.
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Company paid training
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Limited learning opportunities (software, trends, editing styles, etc.)
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No job hopping
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Sense of being "owned by the company"
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Development of social interaction
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Office politics and bureaucracy
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Advancement of opportunities
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Run the risk of being hindered in terms of moving up the ladder
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CONTRACTING
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PROS
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CONS
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Attracts higher hourly/weekly/monthly rate
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Lack of advancement (if a preference)
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Flexibility
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Unemployment risk
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More learning opportunities (software, style, DTP, etc.)
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Loss of company paid benefits (Health, retirement incentives)
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Independence - be your own boss
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Risk of not always being offered a position that allows utilization of full potential.
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No boredom due to a variety of roles
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Tax responsibility
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Fewer meetings and other company bureaucracy
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Lack of job security
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Social turnover
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