Contract to Perm

[Minami9]

Hi all. i would like to get some advice please. i am currently a contractor (via agency)at a bank. I am wondering, if i want to get a perm role of similar nature in a different bank, what should I expect in terms of salary change? Thank you.

[HK_Katherine]

Hi all. i would like to get some advice please. i am currently a contractor (via agency)at a bank. I am wondering, if i want to get a perm role of similar nature in a different bank, what should I expect in terms of salary change? Thank you.

Probably a 10-20 percent cut in salary, to reflect MPF and holiday pay etc.

[answerer]

It depends on your current contract and current employer. But if it's a similar role/level, you would be looking at going in with no increase - max 10% increase if you're a really good candidate.

[Minami9]

thank you both

[orel100x]

I'm on this path right now. Got a perm job that pays slightly more as a base than the contract I had before. Plus all the perks, obviously. Plus theoretical bonus. All this is because there happens to be a shortage of skill in my particular niche right now. So it all boils down to how desperate they are and how good you are