Connecting...

Contract vs Permanent Engineering Jobs

Contract vs Permanent Engineering Jobs: Which Is Right for You?

Back to Blogs

Deciding between a contract and a permanent role can be pivotal in your career. Each path offers unique advantages, but the choice ultimately depends on your professional aspirations, financial priorities and lifestyle needs.

Here's a guide to help you weigh your options:

1. Determine your career goals

When planning your engineering career trajectory, consider whether you want to specialise in one field or gain a broad range of experiences.

  • Deep Expertise: If you aim to build long-term expertise in a specific discipline or climb the ranks within a single organisation, a permanent role might be the better fit.

  • Diverse Experience: If you’re eager to explore various industries, projects and technologies, contracting allows you to broaden your skillset while working on dynamic challenges.

2. Establish your financial needs

Each person's financial situation is different. What matters most to you? Your approach to financial security and earning potential can greatly influence your decision between contract and permanent roles.

  • Steady Income and Benefits: For those who value a consistent pay check, paid annual and sick leave and superannuation, a permanent role provides the stability you need.

  • Short-Term Earning Potential: Contractors often command higher hourly rates, making it a lucrative option for those looking to maximise earnings over their contract term.

3. Define your work-life balance

Consider what is important to you - and your family - along with how much flexibility you require in your work schedule. Are there circumstances in your life that necessitate more flexibility? These are factors you need to evaluate.

  • Flexibility: Contracting offers more freedom to take breaks between assignments, travel or prioritise personal projects and family commitments.

  • Predictability: If you prefer the routine and structure of a stable work schedule, a permanent role ensures consistency in your professional life.

4. Understand your risk aversity level

Your comfort level with job security versus the uncertainty that comes with contract work, such as contract term and extensions, plays a big role in determining which employment type is the best fit for you.

  • Comfort with Change: Contracting requires a willingness to seek out new opportunities at the end of your contract. You will need to adapt to different environments. Contracting may suit you if you enjoy variety and are comfortable with occasional uncertainty.

  • Stability and Long-Term Planning: A permanent role is ideal for those who prioritise long-term job security and prefer not to navigate the job market frequently.

Why Not Both?

Many engineers find value in alternating between contract and permanent roles over the course of their careers. This hybrid approach allows you to:

  • Gain diverse project experience during contract periods.

  • Enjoy the stability and growth opportunities of permanent employment when needed.

  • Strike a balance between financial goals and career development.

One last word

Whether you're drawn to the scale of WA’s mining and defence projects or the rapid growth of renewable energy projects across the country, contract work gives you the flexibility to be where the action is. It's a chance to build expertise across sectors, expand your network and stay ahead in a constantly evolving job market. If you're looking for a role that keeps you challenged and at the forefront of innovation, now’s the time to explore your options

Right now, WA and QLD are economic hubs for mining, defence and renewable projects shaping those states. If you’d like to know more, then you may want to chat to a permanent and contract recruitment expert, such as Titan Recruitment. To find out more on upcoming job opportunities, get in touch with our team or search our current jobs

 

Latest News &
Industry Insights.

​Exclusive to our client edition of the Titan Insight newsletter.