State of the Market

[sira]

LOL.

The market is always at its lowest before the bounce but thats nuts.

Were not in a normal economic crisis, so we don't know how long the bottom will last. Were now supposedly coming out of the pandemic slowly and personally I'm not seeing or hearing much different in terms of vacancies or salaries. The bounce back is painfully slow and stagnation owing to economic scarring is a real risk.

£98pd may sound crazy but in the current market its perfectly normal, and there's no indication that it will change anytime soon. Economy is heavily tied to Covid and governments still need to figure out variants and booster shots in order to navigate a tricky winter.

[ladymuck]

The market seems to be picking up. The client I'm with is struggling to find good BA's, and a friend of mine messaged me the other day to say the company they're at is hiring all sorts from tech to PM.

[sira]

The market seems to be picking up. The client I'm with is struggling to find good BA's, and a friend of mine messaged me the other day to say the company they're at is hiring all sorts from tech to PM.

There will always be pockets of activity depending on the sub-sector, but at a macro level the job market still isn't good. It's not really vacancies that matter, salary levels are more important.

You can have a million vacancies paying a contractor £98pd but its almost pointless as he/she can earn the same, or more doing minimum paid work.

[quackhandle]

Getting a bit of "interest" from LI, however the quotes is for:

Pimp / In house Recruiter: Hi, your profile looks a good fit a contract role we have? Are you interested/available?
Me: okay, sound interesting is it Outside IR35?

Pimp / In house Recruiter:

It's like, well you came to me, at least follow up on your own interest. A few days later I will check their profile and see they are online, but still no response. Very strange.

qh

[ladymuck]

There will always be pockets of activity depending on the sub-sector, but at a macro level the job market still isn't good. It's not really vacancies that matter, salary levels are more important.

You can have a million vacancies paying a contractor £98pd but its almost pointless as he/she can earn the same, or more doing minimum paid work.

Salary is what I choose to pay myself. What my company can charge for me is entirely separate. It sounds like you're taking all revenue and converting it to income so are unable to separate the two.

Current client rates are pretty good, and outside. I don't know the rates where my friend works nor the IR35 determination.

[Destiny2]

haha. KS2. Do me a lemon.
Last time I was tutoring it was thermodynamics for first year undergrad - Natural Sciences Tripos. 30 a hour - as a PhD student

I couldn't believe it either. £25ph for KS2? I am in the wrong line of work. I need to retrain myself.

[Lance]

I couldn't believe it either. £25ph for KS2? I am in the wrong line of work. I need to retrain myself.

I thought £25 was quite reasonable for a retired teacher.
I wouldn't pay £5 for a failed programmer.

[GigiBronz]

I thought £25 was quite reasonable for a retired teacher.
I wouldn't pay £5 for a failed programmer.

I thought all the failed programmers become managers/scrum masters/PMs and get twice the usual programmer rate... looking for fairness where there isn't any.

[Lance]

I thought all the failed programmers become managers/scrum masters/PMs and get twice the usual programmer rate... looking for fairness where there isn't any.

They do normally. Or heads of IT...


But the recent posts in this thread suggests a change of direction for said failures.

[Paralytic]

I thought all the failed programmers become managers/scrum masters/PMs and get twice the usual programmer rate... looking for fairness where there isn't any.

In my experience, failed programmers end up on the bench and blame the world/conspiracy theories for that failure.