I’ve been working in my position as a contractor for several months and was finally offered a permanent position with UHG. However, the offer pay is lower than the start pay I received at the beginning of my contract. Like drastically lower to the point I don’t want to accept the permanent position at all. Trying to figure out my options but this is frustrating.
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Your benefit package.
Yeap. That's how the game is played.
Employee pay is almost always lower than a contractor role at any company. You pick up benefits like PTO, 401K match and reduced insurance if you use of their plans. When you are a contractor you need to cover these things out of your own pocket.
From my experience at UHG, I started out as a contract worker and so did a colleague of mine. The colleague was offered a permanent role months after their contract ended, and received a slight pay increase. Though I was not offered a permanent role on the team, I applied internally and accepted an offer that provided a 50% pay increase.
With the recent rifs, UHG is posting those same roles for less money in lower pay grades. Companies are lowballing employees across the board all over the country. It's a salary reset. Most will accept it because they'll be too desperate. Sadly, costs will increase while wages won't. It's just the start.
You can always accept the offer and try to find something better. Strategize. These companies will not be increasing pay. Good luck to everyone.
@bx 😂
It’s definitely bait and switch
That's normal in every industry - contractors are paid more because they don't receive employee benefits. As a contractor you're on your own for medical, dental, retirement, etc, and you don't get paid time off. Only you can decide if the lower pay as an employee with benefits is worth it for you.
It's called "Bait and Switch"
Just like their other "Advertise the job as "remote" but during the interview advising "3 days required in the office"
@OP Resistance is futile. You will be assimilated.