State of the Market

[coolhandluke]

Quite a few .Net contacts I know are still looking. I'm not convinced that this market will ever return to be honest.

I closed my Ltd down 4 years ago and took a perm role. Moved on since then to a FTC which has just been extended until 2026, after that I'm gearing up for a low paying fully remote role I can work whilst I'm abroad.

[Andy Hallett]

Am seeing a rise in agency insolvencies and also those talking about the prospect of it. Keep your credit control tight!

[dsc]

ooh, ooh, where do I sign up!

Woah, that is just slightly over £40k a year perm equivalent...then again the role is "Continuous Improvement Practitioner", so perhaps 40k is a lot for that

[SussexSeagull]

This is truly terrible:


Lead Test Analyst

6m inside IR35

Remote, with occasional site visits (South Wales)

£160pd rate (Umbrella)

The rates are compressed due to NHS budget availability. The role needs a site visit to collect and return your IT equipment.

<snip>

You’ll be required to work on a full-time basis between the hours of 8am – 6pm, Monday to Friday, 7.5 hours per day, 37.5 hours per week (Start/end times will be confirmed on day 1 of the contract). The successful candidate must work solely for the client during the hours stated above.

I know these things aren't entirely accurate but on-line calculator tells me this is the equivalent of about a 28k a year permanent job without the benefits and with line management responsibilities.

[cojak]

Calling other morons in Professional forums is unacceptable. Please do not do that again, consider this a warning.

[sadkingbilly]

Moan, whine, whinge.
ME ME ME ME ME!

Oh, do give it a rest.

[SussexSeagull]

Am seeing a rise in agency insolvencies and also those talking about the prospect of it. Keep your credit control tight!

I was talking to the agent I got my last contract through which finished in May. They still haven't been paid for my work there and that was for a public sector client.

[gables]

Woah, that is just slightly over £40k a year perm equivalent...then again the role is "Continuous Improvement Practitioner", so perhaps 40k is a lot for that

Indeed and if you forget about perm benefits as such (I know you shouldn't) but Clarity Umbrella calculator has a take home pay of £3300 (on a 20day month), to get that from a perm salary requires £50k and I doubt the LA will be paying that, probably not even the £40k you alluded to. So if I'd been out of work for a bit then I'd take it and continue looking.

[dsc]

Indeed and if you forget about perm benefits as such (I know you shouldn't) but Clarity Umbrella calculator has a take home pay of £3300 (on a 20day month), to get that from a perm salary requires £50k and I doubt the LA will be paying that, probably not even the £40k you alluded to. So if I'd been out of work for a bit then I'd take it and continue looking.

Yup I always say that even a low paid contract is still better than £0ph, but on the other hand, this is why ads like this show up and get applications / get filled. With enough people looking and a terrible market anything will go effectively, of course you'd probably get what you pay for as a hirer, but still, the position is filled which then results in a conclusion that you can find people for this amount of money, so next time lets see if we can get the same for less...