Earlier quoted context omitted.
In the first couple of years I would worry about this, but I haven’t in a very long time. The only occasions when I’ve had a gap between contracts is when I’ve chosen to take a break. I manage my finances to ensure I have several months of equivalent income saved. My process is that 60 days before the end of my current contract, whether my current client has said they intend to renew or not, I start seeking other con…
> I should note that I’m in Canada and so I don’t have to worry about healthcare coverage. Basically anywhere with a robust social safety net (not the USA) Do you find that you get less comp for your contracts working in Canada?
Oddly in my experience in the mobile (iOS) development space the opposite happened, and rates increased significantly. Those higher rates have held steady for two years now and appear to be permanent. Plus I’m increasingly taking contracts with U.S. clients.
Of course a full-time FAANG employee with stock options etc. will have a higher total compensation compared to me, but overall I’m making more than I ever have and I’m much happier compared to when I was a full-time employee.