Gotten a new job but it's a contract job - Are contract jobs inferior to full-time jobs?

I have recently landed myself a job which I would start around the second week of November. It is a HR executive position with a bank however it is a contract position.

I have realised that most people wouldn't want a contract job, for example, my mum was pretty opposed against me taking up a contract job. She felt that there is no job stability and that the benefits of a contract worker is definitely not as good as a full-time permanent staff.




Well, I do agree with her on those 2 points. A contract job definitely wasn't on my mind when I was on a job lookout. Because usually contract jobs are involved with administrative tasks where the job roles will not be involved in crucial tasks as they employed you for only a short period of time.

This was also one of my considerations as well when I was considering whether or not to take up the contract job or not.




However, because I only have one HR internship during my time in school so it was pretty tough getting a full time job as most wanted someone with experience.

Are contract jobs really considered inferior to full-time permanent jobs? Like when interviewers looks at a resume, is a contract position less experienced?




But I have decided to take the offer of the contract job as it is a rather reputable company and the pay is rather okay, not high or particularly attractive but it's acceptable.

Of course, I am hoping to save as much as I can from this job and give my mum allowances per month as well. So, some planning would be required on my side to see how my salary would be split. 




Definitely, before my contract ends next year, I would be on the lookout for a full time job and hopefully I'll be able to get one.

Facebook: Singaporean Talks Money

Finished School, What's Next?

I have just ended my final exams of my university life today. I mean I have been looking forward to this day since the time I started university. HAHA, sounds crazy but I think it's only after you have lost something, do you miss it and wish it didn't end. I came across this really interesting barchart the other day.

Before I started university, everyone was telling me a degree is essentially in today's world to advance onto greater things so I did see myself as wanting to get a degree. After enrolling, I enjoyed my time in school and I came across many other things which made me who I am today.



Like I took up investing and also started this blog, gave part-time tuition to 2 students for 2 years, I mean I have never imagined myself being able to do all these when I was in polytechnic. However, now that it has all ended, a new chapter awaits for me which is to look for a job.

I have been contacted for a few interviews so far and to be honest, I don't think I did or will do very well. One of my friends mentioned today that when she gets home, she will feel so aimless like there is nowhere for her to go to.




I guess we always had something waiting for us when we end something and that gives us a sense of assurance. For now, I hope to be able to get a job soon:)

Is a Recession Heading our Way, Updates on My Life as well.

So I was having dinner recently with my aunt and uncles, then the topic came up about money in the stock market.



My aunt who frequently buys stocks started telling us that a recession will be coming soon.

I was thinking in my head wow, what a thing to say.

Maybe to people who have gone through it before, they do know when it's coming. But to me, I don't really know how to tell if a recession is coming. (Time for more reading up)




I will be graduating unofficially this November, I started my job search awhile back but haven't gotten any replies back except for one or two interviews which I think I didn't make it.

It's pretty depressing, I mean having dinner halfway and your aunt from across the table starts asking if you have found a job and all my cousins are currently working, with only me hanging.

Your mood just drops...I feel like it's not gonna be easy finding a job right now. Will have to brush up on my interview skills and hopefully things will get better.