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The mkiv Supra Owners Club

IT Contract work in London - advice


mikeyb10supra

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Hi guys

 

I know a few of you are into this as I am thinking about going down the same route in the near future but I have never done something like this so wouldn't know where to start. I am an marketing analyst by trade and have been working as an analyst for 4 years now, skills include sql+, vba, cognos BI products, sigma, alterian, spss, seibel, oracle9i, care databases

 

Sorry that the above is very very general but I just wanted advice on whats out there and if the above skills are in demand at the moment

 

cheers

 

Mikey

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Cognos is big money by all accounts. The amount of big corporates I've been at lately all seem to have large scale BI stuff.

 

Cheers Gaz, do you have any general advice about how to approach a contract job from a permanent role. Are there any things to consider before hand, or any good agencies to use?

 

Also is there ever major shortages of work?

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I'm not a BI guy or even an analyst, so I'm only going on what I know from the infrastructure/data center design POV that I have. As I said, I've always seen cognos servers, and I know when I did a migration a while back they had to get some cognos people to check the servers over, and they weren't cheap.

 

The IT market is fairly good to be fair, I'm not a fan of the big consultancies (accenture, logica....), but there is work out there. Contract isn't without it's perils, I'm not contracting anymore so couldn't offer any advice on that. However, I know Jake and Suprash are and they enjoy it.

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what to think about.

Contract wording and Tax (google IR35).

You will appear to be earning lots more but you have expences, tax, possible VAT, accountant, slack periods, no paid holiday, insurances etc.

 

Plan properly, save for the slack periods, check out sites such as the PCG (Professional Contractors Group) for advice, take out tax investigation insurance, plan again.

 

And make sure you have a contract before handing in your notice.

 

Agencies are useful (although I never used one when I was contracting - word of mouth)

but just do some research first before signing up to one. Get good tax advice.

 

Yes I've repeated several things and that's because they are important.

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