I need some help understanding a job offer I just received. I am being offered a one year contract position at a large company. The position also comes with full benefits (medical, 401k, etc., paid vacation). When I interviewed for the position they told me that there is a significant learning curve and it will be six months or more before I have the knowledge of the industry and their processes to really contribute.
Based on the training time and expense and providing full benefits, what is the company's motivation for offering a contract position over a normal at-will employment? From what I could gather, they could only get a contract position approved by the company right now and possibly at the end of the contract they can get approval for a full employment position. However, from my perspective they are not saving anything. They have just guaranteed a date they can get rid of me if the work is not there in a year. I'm probably going to take the position either way because it is such a large increase in pay I can justify the risk of the contract not being extended. I'm just trying to get a better handle on the likely hood of that happening.
Based on the training time and expense and providing full benefits, what is the company's motivation for offering a contract position over a normal at-will employment? From what I could gather, they could only get a contract position approved by the company right now and possibly at the end of the contract they can get approval for a full employment position. However, from my perspective they are not saving anything. They have just guaranteed a date they can get rid of me if the work is not there in a year. I'm probably going to take the position either way because it is such a large increase in pay I can justify the risk of the contract not being extended. I'm just trying to get a better handle on the likely hood of that happening.