Support Site for The Unemployed & Underemployed
Thursday April 12th 2018

Female accountant ambivalent about contractual work after retrenchment

Hi Gilbert,

I came across this website and decided to write in.

I’m in my late 30s, single lady with 17 years of working experience in accounting field.¬† I was retrenched last year due to company downsized.¬† Since then I have been working as a contractor for 3 companies.¬† The current one is covering maternity.

The past 2-3 months, I have been thinking whether I should pursue a career as a contractor (directly with employers or with a job agency).¬† Right now, I am getting a flat for myself.¬† I’m in a dilemma as some advises that permanent jobs have more security than contract jobs.¬† But isn’t having a job with income is better than nothing?

Financially I am still okay as I have some savings over the years.  Please kindly advise what should I do?

Thanks.

Faith

*****

Hi Faith

Thanks for your mail and sorry to hear of your predicament.

Its a tough jungle out there and many Singaporeans are caught with the employment mayhew due to the strong influx of foreign workers.

Contractual jobs are here to stay permanently and its true that getting some short-term contract jobs are better than staying at home waiting for that elusive perm job.

I have heard of some who took on contract jobs for years and they manage to survive though the perks are not there e.g. medical benefits and bonuses.

That however should not deter us from pursuing perm jobs of course and one should never give up trying.

Do continue to upgrade your skills whenever possible and network more so that you open up your  chances at getting job referrals.

Let me know if you need our coaching services – its free of charge.

I have also attached my ebook How to survive unemployment for your reading pleasure.

Thanks and stay strong.

Gilbert

 

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