Originally posted by Dark Black
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State of the Market
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Originally posted by GJABS View Post
How much lower than the market rate is this?
Cost of travel etc. Just not worth the hassle anymore.
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I got a friend contractor for 10+ years. He was struggling to find an outside IR35 contract at a normal for him rate, £600-£650.
His solution, that kind of works, got a couple of perms jobs at the same time, also is looking to take on another inside contract
He is currently getting:
- £50K perm
- £65K perm
- about to get a £400/day inside
Total would be 50+65+(70?) = 185K/year or eq to £800/day outside IR35! plus you get the 20 days holiday
Obviously this is remote only at the moment, and in a month or two it will require onsite 1-2 days a week.
What do you think about this? Is it sustainable? Is it "legal"?
UK asp.net C# IT ContractorComment
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Originally posted by victorantos View PostI got a friend contractor for 10+ years. He was struggling to find an outside IR35 contract at a normal for him rate, £600-£650.
His solution, that kind of works, got a couple of perms jobs at the same time, also is looking to take on another inside contract
He is currently getting:
- £50K perm
- £65K perm
- about to get a £400/day inside
Total would be 50+65+(70?) = 185K/year or eq to £800/day outside IR35! plus you get the 20 days holiday
Obviously this is remote only at the moment, and in a month or two it will require onsite 1-2 days a week.
What do you think about this? Is it sustainable? Is it "legal"?Comment
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Originally posted by cwah View Post
It's because of people like your friend that employer don't want remote worker!
Being less productive also stimulates the economy.
people also tend to blame perm-tractors as well for IR35... market would have been stronger how it was previously. It is only the employers that are benefiting. And it was pushed with intent in that way.
I think he should get a 4th and resign drop the ones that start to have expectations for on-site presence. It will do the market a lot of good.Comment
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Originally posted by GigiBronz View Post
employers take the piss in many shapes or forms, has 'being professional' and doing your part helped the market in any way? They'll just expect more.
Being less productive also stimulates the economy.
people also tend to blame perm-tractors as well for IR35... market would have been stronger how it was previously. It is only the employers that are benefiting. And it was pushed with intent in that way.
I think he should get a 4th and resign drop the ones that start to have expectations for on-site presence. It will do the market a lot of good.merely at clientco for the entertainmentComment
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Originally posted by victorantos View PostHe is currently getting:
- £50K perm
- £65K perm
- about to get a £400/day inside
What do you think about this? Is it sustainable? Is it "legal"?
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Originally posted by eek View Post
If the work is 100% off site, cheaper countries are available.
Originally posted by krytonsheep View PostBoth permie roles will be on a pay roll... the first role is fine, but the second company will have to know he's already got a job and what he's earning so they can use the correct tax code when he gets paid (D0 I think in this case). Just that alone may raise a few eye brows.Comment
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Originally posted by victorantos View PostWhat do you think about this? Is it sustainable? Is it "legal"?Last edited by Fraidycat; 10 June 2021, 21:07.Comment
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