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I have actually found that fascinating. Some of my mates are contractors and have experienced the same thing. At one point you could bank on the rate going up each year especially if you worked for a financial place. But that seems to have largely flown out of the window!

I'm thinking of going permy with my current company, even with a 55% pay cut. Had enough of it all. 18 months of no work didn't help.

I think you should, there are advantages to it as you get on a bit as it were!!

The security does appeal