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NFT: Job Opportunity Situation

CMicks3110 : 8/23/2016 9:56 pm
OK - So I interviewed for a job at a major NYC Hospital this afternoon. I was recruited two weeks ago by a professional recruiter for the position, given a phone interview by the hiring manager on August 12th (11 days ago), they asked me to come in immediately (on Monday the 15th), I told them that I could not give such short notice to my current employer for missing work, and they kept on trying to get me to break that commitment and eventually they caved and said I could come in this week. I came in today, met with the hiring manager and the senior director of the department. The hiring manager couldn't wait till the end of the meeting to blurt out "we're going to make you an offer tomorrow." I had never been so heavily and eagerly recruited - it was quite flattering.

So, there is two factors here. One, is the pay is significantly higher than i'm making now, like 50% higher - which is great, and the job description and tasks are actually more interesting than what I am doing currently (My current job is as an analyst where I simply study clinical data and write reports and run ad-hoc studies on trends on utilization and quality of care; at this job I would be a manager and would work on projects to facilitate the use of Information Technology to improve quality of care) However, the job is contract-to-perm, and the way it is structured is I would technically work for the recruiting firm and would be "consulting" for the hospital, even though I will be working at the hospital's offices physically, with hospital employees, and on this specific hospital's projects only.

The problem I have is with the contract-to-perm. I told the hiring manager, don't make me an offer unless you have the full intention of keeping me their long-term, i am not going to leave my current "permanent" position to "try-out" for this new job and risk ending up unemployed. He offered it to me anyway and has assured me both personally and through the recruiter that he has every intention of keeping me there long term. I think that as part of their agreement with the recruiting firm, for their finances, they have to keep me on contract with them for a period of time as that is how they earn their revenues.

Anyway, of course I have confidence in myself to do a good job, but you never know with people, and this opportunity has come up and blossomed so quickly its hard to process.

Would love to hear people's thoughts on what I should do with this? I am comfortable but not totally happy with my current situation. But I am comfortable. I had a pretty tumultuous year in my life over the last year and I was looking forward to some stability this year, but it's hard to pass up an opportunity like this. It's a great job for a company with a great reputation.
My girlfriend has had a few contract-to-hire positions  
Bockman : 8/23/2016 10:19 pm : link
Most get converted to full-time in her role - it's happened twice now.

I'm assuming we're talking about at-will employment state, so it's not like contract is any less secure - they can fire full timers almost just as easily.

Given the huge increase in pay, I personally would roll the dice, regardless of the long-term outcomes. Nothing says you won't be offered another, even MORE lucrative position in 2 years somewhere else.
How long is the contract?  
Ben in Tampa : 8/23/2016 10:19 pm : link
Do you think by taking this job, it will make your more marketable? Will this job qualify you to "move up the ladder" for any future opportunities? Do you get comparable benefits to your current position as a contract worker?

Those are the questions I'd be asking myself.
Yes  
CMicks3110 : 8/23/2016 10:34 pm : link
it will make me more marketable. The only worry is that I have jumped from three jobs in three years, all due to extenuating circumstances, but nevertheless, I don't know how sympathetic employers are when looking at that on a resume. My current job offers stability for the foreseeable future, and i expect a raise and possibly a promotion at years end, so that is a plus for staying where I am, but the opportunity cost of rigidly following some artifical plan is missing out on opportunities like this.
What did you learn about the position?  
Dan in the Springs : 8/23/2016 10:50 pm : link
It seems odd that they are offering you a manager's position as a contractor. Not sure what you are going to be managing - but it doesn't make any sense at all that you would be managing their people. Are you to manage a team of contracted individuals, or would you be managing projects only?

I'd be a little worried that the organization isn't approving a FT hire for a position that manages projects. It is not uncommon to contract talent when the project is not part of the long-term strategy of the org. I'd especially be worried if the hiring managers are telling you that they don't get to make that decision personally. In other words, you can go in there, do a great job for them, and when your contract expires they may still be unable to commit to you.

Having said that, a 50% raise is significant and certainly can justify your transitioning to another job shortly down the road. While employers prefer stable employment history they will understand this move on your part. I'd say the bigger concern would be whether your previous moves were justifiable.

Good luck on your decision.
I graduated Grad School in 2013  
CMicks3110 : 8/23/2016 11:09 pm : link
I did a few part-time jobs in 2014, mostly research jobs. I was a policy fellow at a respected organization downtown, and then I did another project for the state of Connecticut. First Full Time position since moving back to New York was 2014-2015, but was laid off because the finances their went to shit. I am comfortable and have a steady job that I expect to be their for me for the foreseeable future.
I think because of their relationship with the recruiter  
CMicks3110 : 8/23/2016 11:11 pm : link
they wouldn't be allowed to offer me a FT position right away. As I understand it, the recruiter's revenue stream comes from contracting out talent to organizations while taking a cut of their salary for a certain period of time, and once that time is up, then if they like the individual they can transition them to FT at the company.
What hospital? I might know the recruiter.  
BigBlueDownTheShore : 8/24/2016 6:05 am : link
Contract to higher is just like any other job. Typically you have to work 90 days before you are a perm employee or receive any benefits.
NYU  
CMicks3110 : 8/24/2016 6:28 am : link
..
RE: I think because of their relationship with the recruiter  
buford : 8/24/2016 7:00 am : link
In comment 13083756 CMicks3110 said:
Quote:
they wouldn't be allowed to offer me a FT position right away. As I understand it, the recruiter's revenue stream comes from contracting out talent to organizations while taking a cut of their salary for a certain period of time, and once that time is up, then if they like the individual they can transition them to FT at the company.


This. It's their way of paying the recruiter. Just make sure that the salary benefits etc will be the same when you are perm. I did it at Verizon. But I had to be an employee once I became a manager and had people reporting to me.
Headhunter or schnitzie  
pjcas18 : 8/24/2016 8:03 am : link
would know better, but in my experience, external recruiters get paid more for full time permanent positions filled than contract positions, so I don't buy that.

And I wouldn't make a career change if they won't put that it's a full time position in writing.

if you're young, single or otherwise without dependents and the job is one you like then take the risk, but realize it's a risk.
RE: Headhunter or schnitzie  
jcn56 : 8/24/2016 10:00 am : link
In comment 13083884 pjcas18 said:
Quote:
would know better, but in my experience, external recruiters get paid more for full time permanent positions filled than contract positions, so I don't buy that.

And I wouldn't make a career change if they won't put that it's a full time position in writing.

if you're young, single or otherwise without dependents and the job is one you like then take the risk, but realize it's a risk.


They'll double dip this way, though - they'll get a piece of the consulting when he's contract, and when he gets hired FT they'll get the typical placement fee (which IIRC is about 25% of salary, if not more). Obviously, it benefits them for an immediate FT hire, because there's less risk.
Go for it!!  
Howyadoin : 8/24/2016 10:19 am : link
Sometimes you have to go out of the box and do something against the grain.
RE: RE: Headhunter or schnitzie  
buford : 8/24/2016 1:30 pm : link
In comment 13084038 jcn56 said:
Quote:
In comment 13083884 pjcas18 said:


Quote:


would know better, but in my experience, external recruiters get paid more for full time permanent positions filled than contract positions, so I don't buy that.

And I wouldn't make a career change if they won't put that it's a full time position in writing.

if you're young, single or otherwise without dependents and the job is one you like then take the risk, but realize it's a risk.



They'll double dip this way, though - they'll get a piece of the consulting when he's contract, and when he gets hired FT they'll get the typical placement fee (which IIRC is about 25% of salary, if not more). Obviously, it benefits them for an immediate FT hire, because there's less risk.


They can make more money with a temp provided the salary level and how long they stay temp.
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