Re: Contractor exodus
- If you're a "senior" contractor who has been around long enough to build up organisational memory you are almost certainly an employee in all practical terms anyway and thus should be paying your National Insurance like the rest of us
That assumes that the years of knowledge are about a single financial institution. I have a friend that works contracts helping multiple banks implement payment systems because he helped write the standard and can help institutions accelerate a secure reliable implementation because he knows it inside out.
It doesn't make sense for him to go permanent, he needs to step in, deliver 4-6 months of tremendous value then move on to the next client.
That's not institutional clout, that's domain expertise; one of the very reasons contract work is so important to the economy.