notice periods

[Darth_Baz]

Hi Folks,

I wonder if I could have some advice....as the market is not too good right now. I am going to take a lower paid 3 month gig, however I know that part way during the gig a better paid and longer term gig will come up which is mine if I want it...and I do. The thing is I would need to start within a week; my contract has a standard 4 weeks notice period, apart from the agent fall out etc...has anyone been in a similar position, what are your experiences

For info, I have been a contractor for 5 years and I have always fulfilled my contracts.

Thanks folks.

[ratewhore]

I guess it depends on your skillset. I'm finding the market booming at the moment.

Get a decent RoS in your lower paid gig then substitute yourself at the right time...

[Darth_Baz]

sorry for being thick...what does RoS mean?

Cheers mate

[Bluebird]

yep I did the ROS thing a couple of months back - found my replacement on these boards !!!

[TykeMerc]

Originally Posted by Darth_Baz

sorry for being thick...what does RoS mean?

Cheers mate

Right of Substitution.

Basically subcon in someone to do one gig so that you fulfull both contracts.

[schindler]

Originally Posted by Bluebird

yep I did the ROS thing a couple of months back - found my replacement on these boards !!!

and may I ask how did u split the money with your Sub?

[ratewhore]

Originally Posted by schindler

and may I ask how did u split the money with your Sub?

It's up to you. Fundamentally though, the subby will invoice your co. and then you can either pass the lot on or take a margin. That leaves you free to get on with the other gig...

[TykeMerc]

Originally Posted by schindler

and may I ask how did u split the money with your Sub?

Much as I hate responding to someone who believes that U is an acceptable substitute for the three letter word you.....

That's entirely up to the contractor and his substitute to negotiate, a contractor exercising an RoS clause will make a commercial arrangement with a substitute usually retaining a "reasonable" percentage.

If you want to you can pay more to the sub than you get yourself for the main contract, admittedly it would need a pretty strange reason to do it that way.

[Bluebird]

Originally Posted by schindler

and may I ask how did u split the money with your Sub?

you can ask, but I won't tell you.

[NotAllThere]

Originally Posted by TykeMerc

...

If you want to you can pay more to the sub than you get yourself for the main contract, admittedly it would need a pretty strange reason to do it that way.

Not really. E.g.

1. Your old contract is £400 a day, and the new one is £600 a day, and you couldn't find anyone to sub into your old contract for less than £450 a day.

2. Your old contract is £400 a day, and the new one is £500 a day, and you couldn't find anyone to sub into your old contract for less than £500 a day. The old contract has only 2 months to run, the new one is for 12 months.

2. Your old contract is £400 a day, and the new one is £500 a day, and you couldn't find anyone to sub into your old contract for less than £500 a day. The old contract has as many months to run as the new one is for, but you're picking up valuable new skills.