<prompt> Human: Hi all,I have a job offer to work for a fortune 100 company making 38 hour on an indefinite contract. I would be working 40 hours a week, I would be a W2 employee of the company who is contracting me, and I would get some benefits.I get health insurance out the bat, and I get PTO and a 401k plan after working a year I can take unpaid time off whenever I need to.So, if Im working 38hr at 40 hrs a week and 52 weeks a year assuming I dont take unpaid TO that would be 79,040 a year.I just want to make sure Im not missing anything big here that would make this offer not as appealing as it seems. For instance, extra taxes or something like that although Im a W2 not 1099 so I think taxes should be the same.Heres my pros and cons list so far just based on contracting vs salary:Pros:Im hourly and get paid overtimeAs a contractor I can work from home a lot during the weekI still get health insurance through the contracting companyCons:I wont get PTO or a 401k until I work there for a yearContracting is less stable than a salary position and can be ended at any timeIm just used to being salaried, so I want to make sure Im not missing anything important that will bite me in the butt later on.Thanks for your help!tl;dr: Excluding benefits, is there anything else that I should be wary of when accepting a job to be a W2 contractor getting paid hourly vs being a salaried employee?Edit also in comments:Sheesh, this blew up a little.I had a talk with my recruiter and manager and here are some key takeaways:The majority of the contractors at my company have been there for more than 1 year. So the 1 year mark doesnt appear to be a big keep or fire moment.This is not an IT contract, its a Digital Marketing contract. Its also the only position and a lead position as in Im not 1 of 50 analysts or something like that. I talked to my manager and he assured me the plan for this if all goes well is to bring it in full time. Yes, I understand thats not promised and there are still risks.Its not a project based contract, so I have a guaranteed 40 hours a week as long as Im working there.My manager seems devoted to my success and is willing to work with me even if things dont go perfect in the beginning. They mentioned even bringing in training if I needed it.Anyways, all in all, I think my fears of it being a turn-and-burn contract job have been effectively squashed. Yes there are still risks, but risks Im willing to take and risks that honestly apply to any new job. My future as an employee is never guaranteed, even as a salaried employee.That being said, I have reached out to see if I could increase the rates at all considering: no 401k the first year, lose my non-vested 401k at current employment, only get 6 holidays instead of 10, no PTO the first year, etc.Assistant: The main con, as you listed, is the job stability. However the one year probationary period for PTO401k is pretty standard, in fact I have one as well at my company. Other questions for you:1 Are you currently employed? If yes, do you like where you work and is it stable?2 How risky is it to go into contract work in your field? How long do they last on average? How easy would it be to find a new contract if they dont renew?3 Does health insurance roll over into your severance package if you are laid off? If not, Cobra is a nightmare my family has been theredone thatHuman: So Im currently employed. Its salary at 53k a year. So this would be a big jump up in pay.I work in digital marketing and Im 24 so the risk isnt too big from a career standpoint as in I could find a new job fairly easy I think, however I would have to move for the job - so I would be making a pretty big commitment to it.The company stated they bring contractors over to salary employees fairly frequently if the employee wants them to and is performing well. They stated the main reason they have people start as contractors is an accounting play as its easier to get approved.  <response>: however I would have to move for the job - so I would be making a pretty big commitment to it.Are they paying for relocation?The company stated they bring contractors over to salary employees fairly frequently if the employee wants them to and is performing well.This can be a crapshoot. My first gig out of school was a lot like this. I was hired on full-time by the employer after 6 months. Others had to wait 3 years. We also had health insurance in 90 days.Since youre currently employed, unless you REALLY want this job Id recommend walking. You are, after all, a marketer. Are you sure this is the best you can do? 