Alright I'm looking for some insight on what others might do in this situation.

My current contract is up December 2009. I will get a small amount of severance but nothing huge. I get paid in full up til that point. Or, do I look at this opportunity that has been presented to me that is somewhat short term, could evolve into something longer but pays more starting immediately?

Assuming that they both run the same length - now until December what would you do? The pay by the time I set up my contract through my company pays about the same but the second one has some potential for future work where the existing does not but it is stable right now.

Given the economy I'm not sure. Remember I am professional, I have no union, no company pension but I do get medical covered.

Any ideas?

 

would there be any penalty if u breech the contract?

 

No. No penalty clause on existing.

 

Take em both and work extra hard.

No good advice for ya Wyatt but glad to hear your at least workin, that's better news then the last time we heard from ya.

 

I would go for the one that looks like it could go long term, especially if you have a mortgage to pay and a family. Things are still relatively unstable and it might not start to calm down and pick up until 2011 depending on what industry. Sounds like a bit of a tough spot to be in.

 

You can appreciate that I can't spill the beans about the existing or potentially future contracts as they are high profile public projects with certain amounts of confideniality associated with both.

To that end, construction manager on the existing one has been a great project. Almost 3 years on the job - $68M and counting. The other project (possibly the next one) is phased where the first phase is $10M and is starting now with federal money supporting the project.

I just had a meeting with the second group and it took 90 minutes to determine that because I'm still employed I don't get the opportunity to move to this one? I didn't like that answer since I can easily hand over what is left to the project manager and walk to the next project which carries me from now until at least 2013 or another 3 years. Somehow I need to convey that better without selling the farm so to speak.

I'm still working on my rebuttal since I really could use that project, thinking beyond 2009 anyway. Prior to this morning it was 3 months of potential work and I was ok passing on that but after the meeting it was clear to me that there was at least 36 months of work.

Yes I have a mortgage and other obligations.

 

Bear in mind if the federal money you speak of is stimulus money that it will probably run out before they think it will. That was a short term solution to a much bigger problem. Good luck with the decision and hope it works out for you

 

Did the Canadian government have the same stimulus programs that the U.S. did?

 

No, and the money that we did spend has far more strings attached - like always.

 

Yeah you've got a hell of a lot more experience than I do, all I can say is good luck!