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Miguel Garcia's two years with PayStream

Kerry Hull

Kerry Hull | Marketing Manager

Tuesday 14th Jan, 2020

After a few years of temporary contracts, Miguel decided to take back control by working for himself, and we were there to help him. Read his story below.

Miguel Garcia has a background that will be familiar to many. He started out in the banking industry, but was made redundant and moved to a job in PPI. That was a fixed contract, and when it was up he was moved over to another job. After a few years of never being able to settle in the same role for long, he decided to become a contractor.

That was two years ago, and Miguel has been a happy PayStream client ever since. We decided to talk to him about his experience to see if we could learn a bit more about how contracting has worked out for him and what changes it has made to his lifestyle.

"I’d recommend it. The key advice is to make sure you're prepared to travel as sometimes you’ll need to commute in order to visit a client. Sometimes you might have no choice but to go where the work is, but what I'd definitely recommend is that people plan it out properly."

1. Has your experience of working as a contractor changed over the last two years?


When I first started it was all target-based and quite stressful. But I stuck with it, and geared myself towards it. I understand now that with my particular contract it’s a number game with targets that need to be met. And now that I know exactly what I'm going to be doing I’ve been able to weigh things up and contracting gives me more flexibility, plus the money I earn now is brilliant.

 

2. Would you ever go back to permanent employment?


When I weigh up what a permanent person gets and what I get, it's a no-brainer for me. And that's not just financially, it's also the flexibility that I have from being a contractor. As far as I'm concerned, contracting has been great.

3. Has any aspect of contracting been difficult for you?


When you move from a permanent position to a contracting position, it's a big change. You go from a place where everything's done for you - like pensions, holiday pay, sick pay - and it's a nice comfort zone to be in. What I'm doing now, I have more responsibility but if anything, it's made me more confident.

4. How have PayStream helped you over the last two years?


When I decided to change to a limited company, one of PayStream's advisors talked me through what to do and how to process things. I've been happy with the service I get from PayStream. Whenever I've emailed them they've got back to me pretty quickly, and it's very simple to use the online platform.


5. What advice would you give to people thinking of contracting in your industry?


I’d recommend it. The key advice is to make sure you're prepared to travel as sometimes you’ll need to commute in order to visit a client. Sometimes you might have no choice but to go where the work is, but what I'd definitely recommend is that people plan it out properly.

 

Miguel had plenty more to say about the world of contracting, so for more information you can read his full case study here. We always love hearing about people who’ve seen such a positive impact from becoming a contractor, and we’re happy we’ve been able to help Miguel achieve what he wanted out of his career.

Read the full interview in our PDF download! 

Read the full case study here

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Related article - David Clerihew's five years with PayStream

We talked to David Clerihew to find out what his experience has been whilst working as a contractor, and whether he had any advice for those looking to join the community.

Find out about David's first five years
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