• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

State of the Market

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Just seen a Service Desk Analyst role at £11.80ph PAYE advertised by Hays. That equates to £88.50 for a typical 7.5 hour working day
    Must have security clearance too!
    If the minimum wage was not in effect, i'm sure that role would be offered sub £10 ph today..

    Self stacking now pays over 12ph and over 13ph within the M25. No english or eduction required.
    Last edited by Fraidycat; 2 May 2024, 12:19.

    Comment


      Originally posted by Fraidycat View Post

      If the minimum wage being was not in effect, i'm sure that role would be offered sub £10 ph today..

      Self stacking now pays over12ph and over 13ph within the M25. No english or eduction required.
      It's such a shame really. It seems like it was only a few years ago that Service Desk Analyst still seemed to be a classic entry route into IT for the young and/or inexperienced. I've worked at several firms where they had good apprenticeship or other training schemes to develop such people.

      Now firms only seem to care about short term results and development and training opportunities are so sparse.

      Comment


        Originally posted by umeshk View Post
        I've been benched for almost 5 months now, running on fumes now financially. I've been on a couple of permie interviews, but trying to explain why I want to go back to perm role after contracting seems to be a hurdle I'm not able to get over. I've even got to a point I'm going for perm roles with salaries when I first started in IT in my early 20's. Is that a mistake, or should I just take it on the chin, take the role to atleast have income?
        Thanks for eveyones previous remarks.

        So, after slogging for applying for numerous roles, I got a hit for a perm role. It's not ideal as its a role I did 20 years ago and its the only real offer I've got since being benched.

        It's way below the contractor rate, or perm salary I would really go for, it's in the low £30's. Be onsite for initial on-boarding for a few weeks then 2 days on-site, with a 1.5hour drive each way.

        Upside
        Keep my toes dipped in IT until market picks
        Have some money coming in even if it is tuppence.
        Refresh basic IT support skillset

        Downside
        Low pay
        Initial commute
        Explaining if & when I decide to move on "why I took a low pay & lower skillset job" conversation with agencies and potential clients.

        Appreciate what the forum thinks on this?

        Comment


          Originally posted by umeshk View Post

          Thanks for eveyones previous remarks.

          So, after slogging for applying for numerous roles, I got a hit for a perm role. It's not ideal as its a role I did 20 years ago and its the only real offer I've got since being benched.

          It's way below the contractor rate, or perm salary I would really go for, it's in the low £30's. Be onsite for initial on-boarding for a few weeks then 2 days on-site, with a 1.5hour drive each way.

          Upside
          Keep my toes dipped in IT until market picks
          Have some money coming in even if it is tuppence.
          Refresh basic IT support skillset

          Downside
          Low pay
          Initial commute
          Explaining if & when I decide to move on "why I took a low pay & lower skillset job" conversation with agencies and potential clients.

          Appreciate what the forum thinks on this?
          Well, you did say you were running on fumes, so needs must.

          Comment


            Originally posted by umeshk View Post

            Thanks for eveyones previous remarks.

            So, after slogging for applying for numerous roles, I got a hit for a perm role. It's not ideal as its a role I did 20 years ago and its the only real offer I've got since being benched.

            It's way below the contractor rate, or perm salary I would really go for, it's in the low £30's. Be onsite for initial on-boarding for a few weeks then 2 days on-site, with a 1.5hour drive each way.

            Upside
            Keep my toes dipped in IT until market picks
            Have some money coming in even if it is tuppence.
            Refresh basic IT support skillset

            Downside
            Low pay
            Initial commute
            Explaining if & when I decide to move on "why I took a low pay & lower skillset job" conversation with agencies and potential clients.

            Appreciate what the forum thinks on this?
            A wage is a wage. If you need to take it then you need to take it. Just keep looking and for now I'd just leave this one off the CV. If it lasts a long time then you will just need to come clean and expain the reason you took the role was the market was difficult.

            Comment


              Originally posted by willendure View Post

              Typically around 18 months from the start of the hiking cycle is when the recession gets underway. Which is around now.

              Click image for larger version

Name:	lag_effect.png
Views:	902
Size:	48.9 KB
ID:	4288803
              What does the y-axis mean?
              Why are there black vertical bars along the x-axis time with a count number?

              Comment


                Y axis looks to be dual-purpose and mean either interest rate (blue) or months from start of rate rises to recession (black bars)

                Comment


                  Originally posted by umeshk View Post
                  Explaining if & when I decide to move on "why I took a low pay & lower skillset job" conversation with agencies and potential clients.
                  When applying for the next job always spin the last job and big it up, nobody knows exactly what you did in the last role or how much you got paid.
                  Last edited by Fraidycat; 2 May 2024, 12:22.

                  Comment


                    Originally posted by umeshk View Post
                    It's way below the contractor rate, or perm salary I would really go for, it's in the low £30's. Be onsite for initial on-boarding for a few weeks then 2 days on-site, with a 1.5hour drive each way.
                    The key question is whether it's enough for you to live off. If it will pay the bills then take it; if it's going to put you further into debt then I'd be more hesitant. (I did consider a "slow puncture" rate when I was desperate, but fortunately I found something better just in time.)

                    Comment


                      Originally posted by edison View Post
                      At this rate, contractors will be working twenty nine hours a day down the mill, and paying the mill owner for permission to come to work.
                      To make it worse, the price of cold gravel has soared in recent years.

                      Comment

                      Working...
                      X