Agency Lies

[Taita]

Because if I contract with you to give you all except a certain percentage of your earnings and then I take more than that percentage I have stolen the difference from you.

Tell me Taita, are you a rec con yourself ?


Boo2

No, I am not a 'rec con'. If I sign a contract for a lesser amount than was originally proposed nobody is stealing anything from me.

[Old Greg]

No, I am not a 'rec con'. If I sign a contract for a lesser amount than was originally proposed nobody is stealing anything from me.

Did you get your pen back?

[Spikeh]

Did you get your pen back?

Probably the first thing I've "lolled" at on this forum, heh!

[Boo]

As Dodgy Agent rightly says, you are taking a percentage of the agency's daily rate, not the other way round.

No, that is not correct. The agency provides no value under the contract, all value is provided by the contractor. Therefor it is the agency who is taking a percentage of the contractor's daily rate, not the other way around.

If you don't believe me then consider the case where a contractor works without an agency, quite conceivable, no ? Now consider the case where the agency works without a contractor, completely impossible, eh ?

QED.

Boo2

[Boo]

No, I am not a 'rec con'. If I sign a contract for a lesser amount than was originally proposed nobody is stealing anything from me.

If an agency lies to you about their cut then you are being stolen from. It is called unlawful (or unjust) enrichment.

Boo

[Old Greg]

No, that is not correct. The agency provides no value under the contract, all value is provided by the contractor. Therefor it is the agency who is taking a percentage of the contractor's daily rate, not the other way around.

If you don't believe me then consider the case where a contractor works without an agency, quite conceivable, no ? Now consider the case where the agency works without a contractor, completely impossible, eh ?

QED.

Boo2

Not QED - you need to work on your logic.

In the situation where there is an agent, the agent does add value. They find the contractor for the client (and do a couple of other things like factoring).

[Old Greg]

If an agency lies to you about their cut then you are being stolen from. It is called unlawful (or unjust) enrichment.

Boo2

Except it's not 'their cut'. They have a contract for the full amount and then lie to you about what that full amount is before agreeing a mutually acceptable daily rate with you.

[Taita]

If an agency lies to you about their cut then you are being stolen from. It is called unlawful (or unjust) enrichment.

Boo2

Only when it has been proved in Court. Until then it is just your word against theirs.

[Boo]

Except it's not 'their cut'.

It is their cut. The contractor provides all the value in the contract, the agency provides no value and is just an overhead. To see that consider the two cases :

1. Where the contractor is direct and there is no agency.
2. There is no contractor, just an agency.

1. is possible, 2. is not. Therefore the agency takes a cut off the contractor. The contracts may say something different, but what is actually happening is that the agency makes money from the work of the contractor, ie he takes a cut.

It's very simple and I don't know why some people have trouble grasping this ?

Boo2

[Old Greg]

It is their cut. The contractor provides all the value in the contract, the agency provides no value and is just an overhead. To see that consider the two cases :

1. Where the contractor is direct and there is no agency.
2. There is no contractor, just an agency.

1. is possible, 2. is not. Therefore the agency takes a cut off the contractor. The contracts may say something different, but what is actually happening is that the agency makes money from the work of the contractor, ie he takes a cut.

It's very simple and I don't know why some people have trouble grasping this ?

Boo2

Because you are wrong. The contract is the reality, not your musings.