State of the Market

[SussexSeagull]

I am what you would probably call a generalist but haven't had to go Inside IR35 yet.

[edison]

I've been negotiating with several agencies over the last few weeks to recruit a fairly large number of permies for a couple of clients. I've been quite shocked at how high the percentage fees are compared to what was the norm about 12-18 months ago. Several said they have so much work on, they have increased their fees. In one case it's almost double what the same agency was charging me at a different client in 2020.

Does this mean we might see a relative downturn for contractors v perms, at least in the next few months?

I suppose that depends on whether there is a big increase in perm demand relative to contractor, or whether this big increase is across the board. Hopefully the latter, any idea?

Anecdotally, from what I hear, it depends LOL. There seems to be healthy contract demand for devs, project managers and a variety of security roles. However, it seems that perm is stronger. As well as increasing fees, agencies are asking for up front payments and that's if they can even be arsed. In the upper end of the market, there are starting to be waiting lists for agencies to take on new mandates. Paying an amount up front moves you nearer the front of the queue.

[KentDogWalker]

been on the bench a week now now, but the phone calls are encouraging, had one interview for a good rate, until they mentioned some technical pairing interview, and they saw my reaction and I didn't ask any more questions, I know where that interview went

[TheDude]

I have had about six approaches for a position at Luxoft.

I rejected out of hand because I have had bad experiences with them before but now because they are a Russian company. I suspect they are going to have big problems hiring staff going forward.

[SueEllen]

I have had about six approaches for a position at Luxoft.

I rejected out of hand because I have had bad experiences with them before but now because they are a Russian company. I suspect they are going to have big problems hiring staff going forward.

If you Google them it immediately says they are Russian so how is anyone working for them going to get paid?

[eek]

If you Google them it immediately says they are Russian so how is anyone working for them going to get paid?

Luxoft is owned by DXC so I wouldn't say it's Russian...

[TheDude]

Luxoft is owned by DXC so I wouldn't say it's Russian...

The original company was Russian which would have been enough for me to reject them even if I hadn't seen examples of their work before.

[BlasterBates]

Luxoft is owned by DXC so I wouldn't say it's Russian...

Indeed I wouldn't worry about not getting paid, it's a big multinational. Consider it on the merits of what they're offering.

[KentDogWalker]

The original company was Russian which would have been enough for me to reject them even if I hadn't seen examples of their work before.

respect for not supporting the war machine

[Bluenose]

respect for not supporting the war machine

Like what's been pointed out, it's not a Russian company and its highly likely they have had to make thousands of Russians redundant therefore, opportunity calls for non-Russians.