Originally posted by MyUserName
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How to get a City contract?
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Originally posted by SpontaneousOrder View PostYeah. Try your luck, but I would think that 450 to 500 is more likely.Comment
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Just an update to this thread following on from a conversation I just had with an agent I know well but haven't spoken to for a couple of months. Says the reason he hasn't been in touch until now is because this is the first contract he's had IN OVER TWO MONTHS. My skillset is/was widely in demand and this agent is one of the big players. Work that one out. He also confirmed what I already knew, in that a couple of banks are having a headcount freeze and others are slashing rates again. Also confirmed that the market hasn't woken up from the traditional summer period. So my question is this. Just WTF is going on in the IB sector again? I mean, the rest of the economy is recovering nicely. It's been over 7 years since Lehmans went under. An ex-client (Asset Management) took prided in telling me at interview that they'd never cut contracts rates and whilst that is still true, I see from the Egos 'contractor breakers' site that they are imposing a mandatory 'time off' period this Xmas.
Oh, and my pal, same skillset as me, is currently on the bench for the first time since 2007. He's just chalked up his first month. Massively experience and several years in the banking sector. Crazy.Comment
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Just WTF is going on in the IB sector again?
Simple CAPEX/OPEX. Economy in decline, reduce OPEX next 2 Q. Hire beginning of Q3.Comment
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IB's are always ahead of the general economy they anticipated a downturn so enforced hiring/headcount freezes now some are starting to staff up again for early 2016.
I have seen a few signs of activity in the last few weeks though so the thaw is starting to bite but xmas will slow it all down again if you get an IB contract in the next few weeks its unlikely to start until Jan 1st due to onboarding security checks etc etc anyway!Comment
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Originally posted by uk contractor View PostIB's are always ahead of the general economy they anticipated a downturn so enforced hiring/headcount freezes now some are starting to staff up again for early 2016.
I have seen a few signs of activity in the last few weeks though so the thaw is starting to bite but xmas will slow it all down again if you get an IB contract in the next few weeks its unlikely to start until Jan 1st due to onboarding security checks etc etc anyway!Comment
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I got an email from QDos about tax insurance. Should I go with it? Is tax insurnace just a gimmick?
Your Tax Enquiry Insurance was part of a special offer where it was provided free of charge for 2 months. If you wish to renew this will be at the standard premium of £99. Full policy terms and conditions are available by logging in to your account.Comment
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Originally posted by heyya99 View PostI got an email from QDos about tax insurance. Should I go with it? Is tax insurnace just a gimmick?
Your Tax Enquiry Insurance was part of a special offer where it was provided free of charge for 2 months. If you wish to renew this will be at the standard premium of £99. Full policy terms and conditions are available by logging in to your account."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by oliverson View PostBizarrely my pal has just got an offer and a start date of early December. Good rate as well. Talk about 11th hour. Good luck to him.Comment
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Originally posted by SueEllen View PostIf you search the forums rather than write random posts on someone's thread you would see tax insurance is discussed a lot.Comment
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