Have an offer from Top 4 BB bank. All in comp is around 200k. 5 days a week in office. Contract role that renews yearly at manager's discretion. Also, bad benefits with recruitment firm.
I also have another offer from a large European bank. All in comp is around 165k. 2 days a week in office. Fully employed with the bank, great benefits.
Both roles are very similar and are in the realm of corporate lending.
I am leaning toward offer 1 for money/better exit opps, but the whole contract idea is throwing me off.
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Does anyone have experience being a contract employee at a BB? Or know someone who does? I'm wondering how bad it actually is. Things I've heard on internet: contract employees get pushed around more because they know you have to say yes to everything, or risk contract not getting renewed; might be left out of some important meetings due to confidentiality issues; first to get laid off in bad economic times. Are any of these true from your experiences?
Any insights help. Thanks in advance.
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