Should I leave a permanent job for contracting

Minime2.5

Work and live in Waterford. In a relatively low skilled job that pays very well because of being on shift and on call. I grossed 79k last year and have full vhi and pension benefits and given the nature of shift the ability to take a lot more holidays. However I've been doing a course which will allow me to break into an area that pays around 40 to 55 euro an hour starting off and can pay around 80 to 90 an hr with exp. However the down sides are as follows
1. I'd be leaving a permanent job that pays well
2. No paid hols
3. No.pension
4. Higher rent as I'd probably be moving to Dublin or cork

The upsides

1.a lot more money
2. Weekends back
3. Better social life

Thoughts

Thegalwayman

A low skilled job that pays that?

RangeR

Do you have family / kids / mortgage?
Is the company you work for at risk of losing work / contracts etc?

Job stability at €80k is not to be sniffed at. Contract work is not always constant. You might find yourself out of contract work for extended periods.

Fr Tod Umptious

So a low skilled contract job that pays €55 ph works out a €95k pa if you consider a 7.5 hour day, 5 days a week and 46 weeks in the year.

Op

Where can I find a job like that ?

Minime2.5

Apologies. I have a degree in science so whilst my job as a QC chemist to me is low skilled you still need a 4.year degree.to do.it. I have no.dependents or mortgage

Fr Tod Umptious

Minime2.5 wrote: »

Apologies. I have a degree in science so whilst my job as a QC chemist to me is low skilled you still need a 4.year degree.to do.it. I have no.dependents or mortgage

I'd certainly take a look at contracting then.

There is good money to be made.

When calculating yearly gross salary I usually use a 46 week year.
By the time you take away bank holidays and the holidays you take yourself and any sick days it usually works out around that.

Make sure you take advantage of the tax relief on pension contributions.

s7ryf3925pivug

If you plan on applying for a mortgage at some point, then 6 months plus in a permanent role will be more favourable than a contract position.

nthclare

Minime2.5 wrote: »

Apologies. I have a degree in science so whilst my job as a QC chemist to me is low skilled you still need a 4.year degree.to do.it. I have no.dependents or mortgage

How humble of you