Originally posted by northernladuk
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State of the Market
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Originally posted by vwdan View PostIs the small company exemption going?"You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by vwdan View PostIs the small company exemption going?).
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I just got renewed until the end of the year. I’m working via a small ‘boutique consultancy’. They held a meeting with all their consultants and asked us all to take a £25 a day cut to our day rate.
They were pretty open about the challenge of negotiating with their clients to continue working with them. They said they also took cut on their rates along with some of their PAYE staff.
I was pretty sanguine about it. I’m fortunate that I’m still on a pretty good day rate. Plus I enjoy the role and people I’m working with.
After December who knows. I may take a long extended break until the dust settles.
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just got my first call since upload,
i didn't budge on my rate, told them I'd rather not work and work for less than im used tooComment
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Originally posted by KentDogWalker View Postjust got my first call since upload,
i didn't budge on my rate, told them I'd rather not work and work for less than im used too
There are so many candidates, that companies are opting for the cheaper candidates. And the longer you're out of work, the harder it will be to get back in.
If there are two identical candidates, the client is going to opt for the one that has stayed in work for longer.
If you don't need or want any money, then fair play though. It's understandable.Comment
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Originally posted by sira View PostBad move imo. This isn't a normal recession, and people are going to be on the bench way longer than a normal recession.
There are so many candidates, that companies are opting for the cheaper candidates. And the longer you're out of work, the harder it will be to get back in.
If there are two identical candidates, the client is going to opt for the one that has stayed in work for longer.
If you don't need or want any money, then fair play though. It's understandable.
Consultancies especially are more concerned about driving their own profits.Comment
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Thought I'd got a pretty decent lead - solid solid rate, job description could have been written for my CV and only a couple of competitors. But, had the interview yesterday and it was the strangest experience.
Won't comment further yet, but not feeling hopeful.
If I don't get it, it'll also be the first time in 10+ years that I didn't get a job offer out of an interview (or, in one case, an offer of a second interview which I declined)Last edited by vwdan; 14 August 2020, 09:52.Comment
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Originally posted by perplexed View PostThe flip side is that accepting large drops in rate resets the market rate. When covid clears, clients aren't then going to then turn round and say "sorry the rate was lower, going forward we'll whack it back up". The view will be "well, you were happy to work at that rate then...".
Consultancies especially are more concerned about driving their own profits.Comment
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Originally posted by perplexed View PostThe flip side is that accepting large drops in rate resets the market rate. When covid clears, clients aren't then going to then turn round and say "sorry the rate was lower, going forward we'll whack it back up". The view will be "well, you were happy to work at that rate then...".
Consultancies especially are more concerned about driving their own profits.
And since that ain't going to happen, one must accept a shift in market rates. I mean really, this idea is all baked right into the thread's title.Comment
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