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Re: Should I take a contract position?

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On 04/03/2012 07:21 PM, kramer31 wrote:
> Hey guys,
>
> So I am pretty good Java dev who transitioned to a managementish
> position inside of the company where I was working about two years
> ago.  Recently, I got laid off.  I would really rather find a position
> more similar to the one that I transitioned to, but Java devs are in
> pretty high demand and I could pick up a contract position doing Java
> development pretty easily.
>
> I haven't really worked in a contract position before, so before I
> spend a lot of time interviewing, etc. I have some questions:
> 1) Do contracts usually stipulate a minimum amount of time that a dev
> will work at a position?  Are there penalties for leaving early (in
> case I find something more to my taste)
> 2) Do these contract positions provide insurance usually?
> 2) Any other sage words from people who have done contract work?
>
> Thanks in advance for the advice!

As a contractor, you will be considered a "small Business operator" for 
tax purposes. Payments to you will not have any taxes deducted, and you 
will need to make provision for remitting to what ever authorities have 
jurisdiction.

Will you be earning enough to have to register for VAT, GST, or what 
ever other business taxes are applicable?

Will you need to incorporate? There are pros and cons to this, and 
location can have big impact.

How much will Business Insurance cost? Do you need coverage?

Contracting can be a great way to go, but you need a fair tolerance for 
risk.

My $0.05 Cdn (we don't have pennies any more!)

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Thread

Should I take a contract position? kramer31 <kramer.newsreader@gmail.com> - 2012-04-03 16:21 -0700
  Re: Should I take a contract position? Lew <lewbloch@gmail.com> - 2012-04-03 18:28 -0700
    Re: Should I take a contract position? Roedy Green <see_website@mindprod.com.invalid> - 2012-04-04 13:07 -0700
      Re: Should I take a contract position? Gene Wirchenko <genew@ocis.net> - 2012-04-04 14:52 -0700
  Re: Should I take a contract position? Roedy Green <see_website@mindprod.com.invalid> - 2012-04-04 13:01 -0700
    Re: Should I take a contract position? Arved Sandstrom <asandstrom3minus1@eastlink.ca> - 2012-04-04 19:27 -0300
  Re: Should I take a contract position? William Colls <william.colls@rogers.com> - 2012-04-04 16:05 -0400
    Re: Should I take a contract position? Lew <lewbloch@gmail.com> - 2012-04-04 18:20 -0700
      Re: Should I take a contract position? Arved Sandstrom <asandstrom3minus1@eastlink.ca> - 2012-04-05 07:02 -0300
  Re: Should I take a contract position? Jukka Lahtinen <jtfjdehf@hotmail.com.invalid> - 2012-04-04 23:27 +0300

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