In our current job market contracting is not only an interim employment solution, but a viable long-term choice at all levels within the drug development industry. With contract opportunities becoming ever-more prevalent amongst our clients, especially within the Pharmaceutical and Biotechnology environments there are three different options available to candidates; freelancing, permanent employment through Clinical Professionals, and fixed term contracts direct with our clients.
Candidates seeking contract opportunities gain the flexibility to choose from these options, matching their choice to their personal preferences, whether they seek the stability and security of permanent employment or the flexibility and financial advantages of freelance contracting.
A Guide to Freelancing
‘Freelancing’ is an option for the more experienced candidate which can provide lucrative financial rewards as well as significant tax advantages. However this option includes an element of risk for the candidate as there is no support either financially or from a Human Resources standpoint should issues arise. For example, should a freelance contractor become unable to work through illness they would receive no payment.
In order to comply with current employment laws and regulations candidates working on a freelance basis must be registered as their own limited company, or work through an Umbrella Company. Although freelance candidates are still contracted through Clinical Professionals, our responsibility lies solely with the payment of their basic salary, and we do not provide a benefits package.
A Guide to Permanent Employment through Clinical Professionals:
For candidates seeking stability, administrative support, and the security of permanent employment even when placed in a ‘contract’ role, permanent employment through Clinical Professionals is an option that offers far greater security than freelance contracting. As a company we are able to act as a contract house, employing candidates permanently and providing them with a full benefits package as would be expected within any permanent position.
The Clinical Professionals Benefits Package is highly competitive, and similar to that received by permanent employees of a CRO or Pharmaceutical or Biotech company; typically it will include pension, paid holiday, health and life insurance and many further benefits.
To find out more about pharmaceutical contracting opportunities, contact a member of the Clinical Professionals team on: +44(0)118 959 4990.