Originally posted by Eirikur
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Direct v Agency
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Agencies on the whole pay on time. It's actually part of what they're about, smoothing out the payments between the client and the contractor i.e. if they don't pay they get stick from the contractors and the clients. However going direct most companies delay paying. It's not disorganisation it's the duty of the purchasing dept to delay payment as much as they possibly can, and individual contractors are top of the list for delaying. It's done to reduce their working capital.
It's the key disadvantage of going direct.I'm alright JackComment
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People always seem to be bragging on here about their "war chests " , they should be enough to see you through longer payment terms. There really is no downside to going direct .Comment
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Originally posted by Avalonia View PostThere really is no downside to going direct .
Primarily it exists because it is of benefit to the client.Comment
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Originally posted by tomtomagain View PostYou seem to be assuming that the Client-->Agency-->Contractor model is meant to benefit the contractor.
Primarily it exists because it is of benefit to the client.
It mostly exists to benefit the agents.
They milk the client for anywhere up to 50% of the daily rate for months and years in exchange for forwarding a CV in word format, with the name and contact details stripped of (which the contractor usually has to do).Comment
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Originally posted by Avalonia View PostPeople always seem to be bragging on here about their "war chests " , they should be enough to see you through longer payment terms. There really is no downside to going direct .
Id also say there have been plenty of horror stories on here of contractors going direct and having difficulty getting paid. Having a war chest doesnt isolate you from the worry of not getting paid in full. It only acts as a buffer against delayed payment which can be something totally different.I couldn't give two fornicators! Yes, really!Comment
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Originally posted by yasockie View PostIt mostly exists to benefit the agents.
If the contractors were unhappy about agents they would go about finding contracts themselves and going direct. But most contractors wouldn't want to spend several hundred hours a year on the phone calling potential companies and asking if they could speak to the person in charge of IT recruitment.
It's very easy to claim that agents "do nothing" or are just "pimps" but that is just looking at the market from a very narrow point of view. That of the supplier.
Originally posted by yasockie View PostThey milk the client for anywhere up to 50% of the daily rate for months and years in exchange for forwarding a CV in word format, with the name and contact details stripped of (which the contractor usually has to do).Comment
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careful if its an existing client
Originally posted by anthony View PostSo I may be in a position to go direct with a client in the new year. Just wondering what others experience in this was like. Is direct "better" than agencies? What should I be looking out for etc etc
Many thanks all.
if your ok on this point suggest payment on a monthly subscription basis. you are providing a service after all, once the subscription is in the payment cycle once your done...Comment
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really
Originally posted by tomtomagain View PostYou seem to be assuming that the Client-->Agency-->Contractor model is meant to benefit the contractor.
Primarily it exists because it is of benefit to the client.
thats why i don't mind paying a reasonable agency cut (its cheaper than the old alternative)Comment
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