Contractor PM rates

[oracleslave]

NLUK, you put that better than I did - yes, experience counts for little in terms of the rate, but your experience of past contracts tells you how much you have got in the past.

The OP is a permie. Therefore I'd say that experience will be a significant factor in what rate he might get. Contracting experience = 0 years often means lower rate.

[LondonManc]

The OP is a permie. Therefore I'd say that experience will be a significant factor in what rate he might get. Contracting experience = 0 years often means agent shafts you on your first gig.

FTFY

[wantacontract]

I do think contractor rates for PM is being driven down purely by the number of candidates out there....it's particularly bad for infrastructure....

many permies are more then happy to take £300 a day and it's definitely dragging the rate down....

now if you're a PM in niche areas such as financial regulatory projects, ERPs that has to be that particular favor and nothing else, etc....rates are much better....

I wish I had gone into ERP years ago...they run for years and years and rates are pretty good....

[northernladuk]

FTFY

Lol. Very true. Good FTFY that.

[Freelancer2016]

Take the 400 look for a 500 role that's the beauty of being a contractor

[Cirrus]

My last contract - Deffo!

I recently was looking for PM roles for nigh-on 6 months. Previously I was on £650 but I got increasingly price-elastic (or desparate, which ever way you look at it).

I applied for roles going down to under £365. I went all the way to Lloyds in Glasgow (£364.50) after a successful telephone interview only to be mysteriously dumped when they saw me F2F.

Curiously I subsequently reeled in a very pleasant £500 role in the City, up against 7 other people. That was however some 130 leads and 9 interviews.

I truly don't know what is going on, but I would persuade you that a lot of what appears on eg Jobserve is dross. LBG are not going to get anyone by phone calls.They have to go out looking for the down-and-outs like me.

If you keep plugging away you will get something matching your skills. It's however very tough at the moment.

[northernladuk]

mysteriously dumped when they saw me F2F.

Is that because they won't take on people daft enough to travel to Glasgow for a rate like that?

Or possibly.....



That said looking like that you could have passed as a local.

[gixxer]

Curiously I subsequently reeled in a very pleasant £500 role in the City, up against 7 other people. That was however some 130 leads and 9 interviews.

You got 9 interviews on 130 leads with clientco or talks with agencies? If with clientco...wow wish had such a hit ratio.

[LondonManc]

As my FTFY alluded to, take the 400; consider it a "First Gig Agency Shaft Tax" and then don't discuss previous/current rates with your next gig's agent. Simply aim for 500.

[gables]

As my FTFY alluded to, take the 400; consider it a "First Gig Agency Shaft Tax" and then don't discuss previous/current rates with your next gig's agent. Simply aim for 500.

Yup.

Also, I don't get this idea that 0 years experience as a contractor is a negative, you either have x years experience in your chosen field\role or you don't.