How should one compare and weigh-up a temporary or contract salary with a perm or fixed-term salary

I am currently contemplating leaving my temporary job for a 12 months fixed term job. The fixed term job offers slightly better long term development in the role, more interesting (but possibly more stressful) work and a better work environment. However, this role actually pays less if you work out the annual equivalent of the hourly rate I'm currently on. Its actually about 2k less. This is only however if you discount the paid holiday and benefits of the fixed term position. For the temporary position, holiday pay is accrued and only paid in full after the contract period end.

My question is, should one expect a lower salary for the 12 month FTC because of these benefits and holidays being taken into account? How would you do this comparison? Would you take a longer term role with benefits and holidays with a slightly lower salary over the temporary position? Is this a market standard? Say if my temporary position became perm. What sort of renumeration can I expect?

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How should one compare and weigh-up a temporary or contract salary with a perm or fixed-term salary How should one compare and weigh-up a temporary or contract salary with a perm or fixed-term salary Reviewed by Louhi on juin 21, 2021 Rating: 5

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