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Agencies Commission

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    #11
    Originally posted by beemarman View Post
    Lucky for me the gamble paid off.
    That wasn't luck. It was inside information, research, consideration, balls and action.

    Well done.
    Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.

    Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard points

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      #12
      I wouldn't mind another £50 a day danger money, it would make the train journey alot more bareable!

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        #13
        Originally posted by kookachoo View Post
        I wouldn't mind another £50 a day danger money, it would make the train journey alot more bareable!
        Danger money in Bournemouth? Are those old biddies getting moody then?

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          #14
          Originally posted by beemarman View Post
          Just wanted to know what's the maximum an agency can deduct off your daily rate for commision.

          I've just found out that my agency is taking £155 per day for me, i think this is too much and want to know if i have any legal rights to cut it down?
          You accepted the day rate that the agency offered initially didn't you? So that must have been OK then, so why start barking now? Agree it's a bit galling but consider it a lesson learned in always asking the agency what their margin is.
          Sval-Baard Consulting Ltd - we're not satisfied until you're not satisfied.

          Nothing says "you're a loser" more than owning a motivational signature about being a winner.

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            #15
            Originally posted by Jubber View Post
            Danger money in Bournemouth? Are those old biddies getting moody then?
            It's the danger money to be taking the train to Reading and back every day.... Bournemouth is bustling with beauties - don't forget the University and the drunk students who are happy with a drink and a packet of crisps for a cheap date!

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              #16
              Originally posted by Svalbaard View Post
              You accepted the day rate that the agency offered initially didn't you? So that must have been OK then, so why start barking now? Agree it's a bit galling but consider it a lesson learned in always asking the agency what their margin is.

              Is this the most common way for an agency to operate? Should I expect the rate I'm discussing with an agent to include their margin or would I need to deduct it afterwards?
              I'm at this stage now, have specified a rate but agency is already trying to renegotiate the rate on behalf of the client (will admit I'm a newbie). Thankfully due to the grey matter between my ears I've posponed agreeing the rate until the contract has at least been won.

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                #17
                Originally posted by CheeseSlice View Post
                Is this the most common way for an agency to operate? Should I expect the rate I'm discussing with an agent to include their margin or would I need to deduct it afterwards?
                I'm at this stage now, have specified a rate but agency is already trying to renegotiate the rate on behalf of the client (will admit I'm a newbie). Thankfully due to the grey matter between my ears I've posponed agreeing the rate until the contract has at least been won.

                The agent will discuss a rate with you that they are willing to pay you, they have already had a discussion with the client as to how much the client will pay the agency.

                Some agencies are ok and will offer you 85 -90% of their fee, others will screw you over.

                These days with contracts sparce, more and more agencies are trying to take bigger margins off fewer contracts - it's the only way they can stay in business.

                The best tactics are - sign up, get on site - find out the client-agency rate, then at renewal discuss an uplift with the agent.

                Don't forget for the agent 10% of the fee or 50% of the fee - it's still profit for them at renewal time...
                Cenedl heb iaith, cenedl heb galon

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                  #18
                  Originally posted by TheBigD View Post
                  £155 does seem excessive, but I guess it depends what you're daily rate is. If you've negotiated a daily rate, and are happy with it, then does it really matter what the agency are creaming off the top?
                  yes because the end client is being ripped off . I like a decent rate for myself but hate to think a company I`m working for is paying too much to an agency that really does bugger all once the contract is setup.

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                    #19
                    Originally posted by SuperZ View Post
                    yes because the end client is being ripped off . I like a decent rate for myself but hate to think a company I`m working for is paying too much to an agency that really does bugger all once the contract is setup.
                    "rip off" is a moot point.

                    The client is happy, and til you find out the price so are you, and the agency is definitely happy.
                    Cenedl heb iaith, cenedl heb galon

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                      #20
                      Are you happy with your rate? That is all that matters. Now you know the agency is getting £155 you appear to be greedy? Natural reaction.

                      Of course there is no way in hell the agency deserves that £155 a day as its excessive - BUT they were just smarter in getting the deal

                      Its business.

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