Was approached by a recruiter for a 12-month w-2 contract job. Wondering how much more this type of arrangement would pay than being a regular employee, if any.

I get benefits through my wife's work, so I'm interested if the pay is right. Any experience with this type of arrangement?

Thanks,

I used to recruit for the major operators and a lot of candidates preferred to work contract because the pay is generally a lot higher than if you worked direct with Exxon. Some guys would make around 100k more on contract as opposed to working direct. Also some agencies will offer good benefits and 401k match if you are on their payroll while on contract. Any other questions let me know.

So, the placement company wouldn't take a cut of my pay would they? How are they paid by Exxon, a one time finder fee?

They asked for a daily rate. I asked for double what I make now. I would have to live in a hotel during the week and then go home on the weekend.

Placement companies get a finder's fee typically.

The placement agency will not get a cut of your pay. when you're on contract the placement company will essentially bill Exxon monthly for your pay along with whatever placement fees they are charging Exxon.

If you actually want to make double what you're making now, make sure you work out how many billable days you'll have after vacation and holidays...I don't think XOM has a 9/80 schedule but, if they do, you'll need to consider that as well.

They said 5/10 hour day work week.

Exxon does not have 9/80s.