State of the Market

[SussexSeagull]

I do think after 14 years, a new government at least have the right to be giving a fair hearing. I just see a lot of people who will never be happy with a Labour government whatever they do.

[escapeUK]

£160/day inside through an umbrella is (as per Paystream's calculator) £2,478/month net which grosses up to an annual PAYE salary of £36,409 on a standard tax code with no deductions. If you adjust for 5 weeks annual leave that goes down to 33k.

Tesco store colleague pay starts at £12.02/hour (outside London) which for a 40 hour week adds up to almost exactly a 25k annual salary. Add on pension contributions (match up to 7.5%) you can bump it up to just shy of 27k.

Pretty close tbh, though I'd still pick a desk-based remote job over one that requires your physical presence 100% of the time.

You forgot holiday, sick pay, oh and the pension contributions they match upto the 7.5%. No mental stress. I actually knew someone, not a desk worker, was made redundant, and I bumped into him at Tesco giving out sandwiches samples. He said this was the best job he ever had, as when he goes home he can forget about it all, and any problems left at the end of his shift, the next shift picks up. So no worry at all.

Another great post on the Telegraph. I think they summed it up really well, and this is why I see the UK as having no future. No good one anyway.


Labour's 10-point growth plan:

1. Encourage anyone who makes a significant tax contribution to leave the UK.

2. Welcome into the UK anyone who promises to make no economic contribution at all..

3. Publicly insult potential foreign investors.

4. Introduce a range of measures to discourage employers from employing anyone.

5. Systematically drain the private sector of investment capital.

6. Provide public sector employees with pay rises on demand.

7. Invite the EU to propose some helpful new regulations that we could adopt.

8. Resume foreign aid contributions to those who are violently hostile to Western interests.

9. Increase the national debt, specifically for the purposes of reinforcing proven failure.

10. If all else fails, impose arbitrary net zero targets.

[sreed]

People have a legal right to see their own records, so it is a crazy policy.

Things would have be be pretty desperate to work for £160pd. Less than Tesco pays to stack shelves, I would suspect.

£160/day inside through an umbrella is (as per Paystream's calculator) £2,478/month net which grosses up to an annual PAYE salary of £36,409 on a standard tax code with no deductions. If you adjust for 5 weeks annual leave that goes down to 33k.

Tesco store colleague pay starts at £12.02/hour (outside London) which for a 40 hour week adds up to almost exactly a 25k annual salary. Add on pension contributions (match up to 7.5%) you can bump it up to just shy of 27k.

Pretty close tbh, though I'd still pick a desk-based remote job over one that requires your physical presence 100% of the time.

[escapeUK]

8am-6pm is 10 hours. Maybe that is just the core hours period during which your 7.5 hours of work must take place.

My wife works for the NHS. Recently she had a student doing a work placement. The student looked up their own medical records and they kicked them out because of it. What a daft system! Just get the access controls right so that you cannot look up your own records if that is not allowed. Instead they built a system that detects if you do look them up and reports you!

if user.id == record.id then
raise access exception

not

if user.id == record.id then
log security breach

£160pd - they will get what they paid for (and it will cost them more than if they paid for it properly in the first place).

People have a legal right to see their own records, so it is a crazy policy.

Things would have be be pretty desperate to work for £160pd. Less than Tesco pays to stack shelves, I would suspect.

[willendure]

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.



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.

8am-6pm is 10 hours. Maybe that is just the core hours period during which your 7.5 hours of work must take place.

My wife works for the NHS. Recently she had a student doing a work placement. The student looked up their own medical records and they kicked them out because of it. What a daft system! Just get the access controls right so that you cannot look up your own records if that is not allowed. Instead they built a system that detects if you do look them up and reports you!

if user.id == record.id then
raise access exception

not

if user.id == record.id then
log security breach

£160pd - they will get what they paid for (and it will cost them more than if they paid for it properly in the first place).

[sreed]

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.

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.

The NHS have form for this. Last summer they had a PM role on PSR which (after being shortlisted) I was told pays £240/day inside! The recruiter that I spoke to was quite apologetic as she herself had got me the exact same kind of role in a public sector dept for more than double that day-rate 6-7 months earlier.

When I asked her how do they get decent candidates at these rates she said NHS roles attract a lot more applications than normal PS roles, for whatever reason. And the budget is set in stone and derived from perm pay bands so there's no movement on that.

[dsc]

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.



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.

This is a bloody piss take, grads used to start at that level. No bloody wonder nothing in the NHS works if these are the rates luring "talent" in...

[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...

[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.

[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.