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HELP Market Rate - Senior Project Manager (Telecoms)?

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    HELP Market Rate - Senior Project Manager (Telecoms)?

    Hi there.

    I am new to the UK and have just got my 1st contracting position as a Senior Project Manager on a large telecoms infrastructure project. I will also have a couple of Project Managers under me.

    It may be a bit late as I have already accepted a rate for my first contract but I have been really struggling to establish my "market rate".

    Also (and this seems not unusual) I do fully trust the agent as I do not know how much they are taking off the top.

    I have 5 years experience in I.T. & Telecoms mainly in Project Management and Solution Development. I am a BICSI RCDD and have an Engineering Degree (specialising in communications).

    I would appreciate any indictaions on what minimum day/hourly rate) I should be willing to accept?

    Thanks
    Mike
    Last edited by Mike Telecoms; 22 October 2006, 23:14.

    #2
    Best not to double post round these here parts.... you've posted the same in the Business and Contracts forum which is the correct place - in the 'General' forum, well... the best thing is to read some of the threads - that will give you an idea.... I would imagine you will be directed to the 'First Timers' section as advertised on the right hand menu... good luck...

    P.S a word of advice... if you are on a work permit - don't admit to it... we don't like foreigners coming over here and taking our jobs and playing naked twister with our women.

    PPS. Dont 'boast' about fancy city folk qualifications, neither... the majority of us around here are not dumb.. well, except cousin Helios... but he's a schizophrenic....

    PPPS. I advise you accept around £5.50 an hour.
    Last edited by mcquiggd; 22 October 2006, 23:11.
    Vieze Oude Man

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      #3
      point taken....will try and remove the tread off the General section. Can't promise anything about the twister though... :-)

      Comment


        #4
        Well, youve got off lightly.... most people who post first timer questions in General get horsewhipped...

        I'll post a proper reply to you fancy dandy newcomer over in the relevant forum....
        Vieze Oude Man

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          #5
          Well, the first question is, when you say 'accepted', have you signed and returned the contract, or agreed a rate over the phone? To be honest, they could be legally be considered the same thing - especialy if you turn up for work without clarifying the rate.
          Vieze Oude Man

          Comment


            #6
            yep I've agreed to a rate by signing a position acceptance. Still have to work through the official contract with the Agency etc...

            I'm happy with the rate but reading some of the posts in this forum I'm wondering whether I have under sold myself by not really knowing for sure what I am worth.

            If I can't do anything about it on this contract then I'll know the next time around.

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              #7
              The next questions would be -

              Location - London adds quite a high percentage, some other cities do as well

              Role - Do you have Line Manager responsibility for X amount of staff, what are their numbers, and roles.

              Industry - You say its Telecoms, so that answers one question. Is it a new technology project (presumably it is or else they normally wouldn't bother with contractors), and if so, how much industry specific experience do you have in that area? How much money is the client investing in the Project?

              And most important of all... did you dodge the question when the Agency asked what your daily rate is, and wait for them to offer something so you could then bargain against? Are they on a PSL (Preferred Supplier List) with a fixed commission - if so, how much?

              That's just for starters.
              Last edited by mcquiggd; 22 October 2006, 23:29.
              Vieze Oude Man

              Comment


                #8
                P.S Yank, Safa, Australian, or Kiwi?

                My guess - Aus.
                Vieze Oude Man

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                  #9
                  ummmm lets see...I'll try and answer with what I know...

                  Location - London (West)

                  Role - I am responsible for the structured cabling and infrastructure (e.g. fibre optics). I am unsure of the exact number of staff I'm responsible for but I'd say about 3-4.

                  Being new I gave them an indication of my min right away...was this a good thing to do?

                  I am unsure whether they are on a fixed % and when I asked what their rate was they phased over the question and I still do not know. Aparently they do not have to tell me if they don't want to.

                  Also I'm unsure whether they are a preferred supplier. Is this something I should have asked?

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                    #10
                    Well you got the hemisphere correct...

                    Comment

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