Contract through a recruitment agency

[jmo21]

Well I obviously don't know any better, so what is a reasonable agency cut?

I have been thinking of re-neg come extension time, though I know that's in no way certain to go anywhere.

So are you at NAG? which agency are you with?

[seanraaron]

So are you at NAG? which agency are you with?

Cathcart Associates. Not thrilled with their 28 days in arrears payment either, but it was my only offer on the table after a few interviews and November and I was keen to eat as little of my redundancy money as possible.

[fidot]

From an agency take of £500, you should be looking at an absolute minimum of £400 (i.e. 20% margin). I reckon 10-15% agency margin is ok, so would be looking to take £425-450 from that £500. Of course, one probably doesn't know the agency rate until the contract has started, but use this knowledge to re-negotiate at renewal time.

[seanraaron]

From an agency take of £500, you should be looking at an absolute minimum of £400 (i.e. 20% margin). I reckon 10-15% agency margin is ok, so would be looking to take £425-450 from that £500. Of course, one probably doesn't know the agency rate until the contract has started, but use this knowledge to re-negotiate at renewal time.

Good call. I only found out the full details when I started asking about pay dates and all that. I think my umbrella might have unvieled the full deal. To be honest I was surprised I got shown behind the curtain.