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Finding out the rate being charged?

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    #21
    Originally posted by MrMarkyMark View Post
    So you have nothing on the table, at the present time, to back up this raise?
    Good luck with that



    If you have a good relationship with the client then you can broach this with them.
    You have to be very sure of this and provide "evidence", however.
    I'm not asking for it now, I'm thinking of doing it at renewal time.

    Obviously you can't just turn around and say "give me more money" without being able to justify WHY you deserve it, and if I demand it, I need to be willing to walk if they don't give it.

    To repeat, as some people seem to be missing the point of this thread, I'm querying how I find out how much of a cut the agency is taking.

    My view is that, they did the initial work, helped me get the role and got their cut. Let's say it was 15% for arguments sake. It was a 6 month contract, they earned that, no problem with that.
    When renewal came up, they dropped the ball, and I did the leg work for them. I don't really feel they earned their 15% of that 6 month deal. So next time around, after being renewed and proving to the client that I'm valuable(otherwise they'd have shown me the door, as they have others), I'm looking to squeeze the agencies cut, hopefully without involving clientco.

    From reading other threads on here, people have mentioned that they have done similar, and the agency tried to pass the increase onto the client and client got annoyed, with differing end result for the contractors (some clients got rid of contractor, some got rid of agency).

    Comment


      #22
      Originally posted by moneymoney View Post
      To repeat, as some people seem to be missing the point of this thread, I'm querying how I find out how much of a cut the agency is taking.

      To repeat:


      Originally posted by WTFH View Post
      OK, if you want the answer to your question with no useful help, it's simple...
      1. Access the client's accounting software
      2. Go to AP
      3. Find your agent
      4. Find their last invoice.
      5. If you are the only contractor through that agent then take their invoice and compare it to yours.
      6. If you're lucky they will have detailed how much is time and how much is expenses.
      7. Compare the number of hours/days on their invoice to the number of hours/days on yours.
      8. There's the difference.


      Of course, if you don't know their accounting software and what it records when you log into it, then you're running the risk of being immediately dismissed - but that's advice/useful help so you won't care about that bit.
      Of course, as faQQer has said, there may be a fee loaded as a separate invoice, so you would be best to examine all the invoices from your agent to the client.


      I know of one consultant who was marched off site for doing this. He was direct with the client and wanted to see how much the other consultants were getting so he could negotiate. In his negotiations he started talking about what others were charging, the ClientCo checked their logs and saw his name... Goodbye.
      Last edited by WTFH; 8 December 2015, 11:01.
      …Maybe we ain’t that young anymore

      Comment


        #23
        Originally posted by moneymoney View Post
        To repeat, as some people seem to be missing the point of this thread, I'm querying how I find out how much of a cut the agency is taking.
        OK.

        1) Ask the agent.
        2) Ask the client.
        3) Get access to accounting system.
        4) Ask Andy W's mum.
        The Chunt of Chunts.

        Comment


          #24
          Originally posted by moneymoney View Post
          To repeat, as some people seem to be missing the point of this thread, I'm querying how I find out how much of a cut the agency is taking.
          Some people seem to be missing the answer to the question, which was given as far back as post number five:

          Originally posted by MrMarkyMark View Post
          The agency should tell you if you ask them. Whether that is the truth, however, you wouldn't know.
          If you are on good terms with the client you could ask them too.
          Or in post 15:

          Originally posted by WTFH View Post
          OK, if you want the answer to your question with no useful help, it's simple...
          1. Access the client's accounting software
          2. Go to AP
          3. Find your agent
          4. Find their last invoice.
          5. If you are the only contractor through that agent then take their invoice and compare it to yours.
          6. If you're lucky they will have detailed how much is time and how much is expenses.
          7. Compare the number of hours/days on their invoice to the number of hours/days on yours.
          8. There's the difference.


          Of course, if you don't know their accounting software and what it records when you log into it, then you're running the risk of being immediately dismissed - but that's advice/useful help so you won't care about that bit.
          Or even post 19:

          Originally posted by TheFaQQer View Post
          OK - ask the agency or ask the client.

          Don't expect either one to give you an answer and if you get one, don't expect it to be the truth - that way you won't be disappointed.

          The only way for certain is to find the invoices that relate to you and see what they say - even a monthly / weekly invoice isn't necessarily going to be correct though. One of my clients had an over-arching agreement which had a fee attached to it, and then invoices for each contractor with about a 2% fee on them. So if they operate in this way, you'll need access to both of these to be able to work out what you are costing.
          HTHBIDI
          Best Forum Advisor 2014
          Work in the public sector? You can read my FAQ here
          Click here to get 15% off your first year's IPSE membership

          Comment


            #25
            Lets hope his negotiation skills are better than his reading skills
            The Chunt of Chunts.

            Comment


              #26
              Originally posted by MrMarkyMark View Post
              4) Ask Andy W's mum.


              10% if you're circumcised.
              …Maybe we ain’t that young anymore

              Comment


                #27
                Remember it's highly likely neither the client nor the agency may appreciate you asking this when it's none of your business.
                'CUK forum personality of 2011 - Winner - Yes really!!!!

                Comment


                  #28
                  Originally posted by northernladuk View Post
                  Remember it's highly likely neither the client nor the agency may appreciate you asking this when it's none of your business.
                  Stop ignoring the question!
                  Best Forum Advisor 2014
                  Work in the public sector? You can read my FAQ here
                  Click here to get 15% off your first year's IPSE membership

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                    #29
                    Originally posted by MrMarkyMark View Post
                    Lets hope his negotiation skills are better than his reading skills
                    if you want to get childish about reading abilities, you said "So you have nothing on the table, at the present time, to back up this raise?
                    Good luck with that "

                    when in the OP I said " but when my next renewal comes up, I'd like to ask for a rate bump "

                    people in glass houses and all that.........

                    Comment


                      #30
                      Originally posted by moneymoney View Post
                      if you want to get childish about reading abilities, you said "So you have nothing on the table, at the present time, to back up this raise?
                      Good luck with that "

                      when in the OP I said " but when my next renewal comes up, I'd like to ask for a rate bump "

                      people in glass houses and all that.........
                      Nothing childish about it, you have been given all the answers.

                      What are you on? I was responding to what you were saying.
                      What I said was completely true with regards to:-

                      I had one fall through which I wanted and would have taken and another I turned down as I didn't feel it was worth jumping ship for mid-contract
                      Does it matter when you plan to negotiate, at renewal, or otherwise. the following is true:-
                      nothing on the table, at the present time
                      The Chunt of Chunts.

                      Comment

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