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  1. #11

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    Quote Originally Posted by mudskipper View Post
    Also worth remembering the agent does add some value, even if it doesn't seem like it

    Assuming you get paid promptly, on time, then that is a big plus. I worked direct for a while, and without exception, was chasing every invoice. Typically 2-3 months till I got paid. It caused bad feeling when I threatened to charge them interest - and, perhaps coincidentally, my contract terminated soon afterwards.

    At current clientCo, agent pays me 14 weeks after the end of the month. Another contractor who went direct was waiting 45 days, although AFAIK, he was then always paid 'on time'.

    Knowing the money will be in yourCo's bank at the right time is a big plus.
    14 days, Shirley?

  2. #12

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    Have many of you paid off an agent like this in the past?

    How much did you pay?

    But risky if things go tits up at client co, their budget gets cancelled, and they terminate you.

  3. #13

    Faqqed Off

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    Quote Originally Posted by mudskipper View Post
    Also worth remembering the agent does add some value, even if it doesn't seem like it

    Assuming you get paid promptly, on time, then that is a big plus. I worked direct for a while, and without exception, was chasing every invoice. Typically 2-3 months till I got paid. It caused bad feeling when I threatened to charge them interest - and, perhaps coincidentally, my contract terminated soon afterwards.

    At current clientCo, agent pays me 14 weeks after the end of the month. Another contractor who went direct was waiting 45 days, although AFAIK, he was then always paid 'on time'.

    Knowing the money will be in yourCo's bank at the right time is a big plus.
    +1

    My current contract is invoice at the end of the month, payment 60 days later. Whilst I like the thought of still getting paid months after I leave, waiting for the first invoice (including two weeks in their offshore office, all expenses paid) was a bit of a worry.
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