Contract/freelance vs full-time - pros and cons?
Got offered a 6-month contract role at a FAANG company (through a vendor) vs a full-time offer at a Series B startup.
Contract: Higher hourly rate, FAANG brand, but no benefits/PF/insurance, job insecurity
Full-time: Lower CTC, equity (uncertain value), but stability, insurance, growth
I'm 2 YOE so not sure if contract roles are wise this early. Would love to hear from folks who've done contract work — does it help or hurt your career long-term?
Also, do FAANG contract workers get converted to FTE?