State of the Market

[ascender]

On top of a couple of the big Scottish banks not reversing their stance to allow engagement of PSCs until the legislation in the interim period, I hear there's now enforced rate cuts coming for contractors. Talk about giving them a kicking when they're down.

[northernladuk]

On top of a couple of the big Scottish banks not reversing their stance to allow engagement of PSCs until the legislation in the interim period, I hear there's now enforced rate cuts coming for contractors. Talk about giving them a kicking when they're down.

If you are working at a bank and are kot half expecting a rate cut you want your head examining. Gotta say I'm very surprised they haven't screwed their contractors in rates already what with the work from home and lack of choice out there.

Rate cuts have been the norm for a very long time. This list is long and still doesn't capture them all.

http://www.egos.co.uk/contract-breakers.htm

[founder]

market defo heating up, im even gonna do a 2 hr tech test for contract

[win10]

If you are working at a bank and are kot half expecting a rate cut you want your head examining. Gotta say I'm very surprised they haven't screwed their contractors in rates already what with the work from home and lack of choice out there.

Rate cuts have been the norm for a very long time. This list is long and still doesn't capture them all.

http://www.egos.co.uk/contract-breakers.htm

And you would think why? The banks being one of the very few that are doing extremely well in this pandemic. Actually they must be doing better than before it. Greedy fecks.

[eek]

And you would think why?

Because they watch they costs, because they can, and because they have multiple episodes of past form doing exactly that.

Which is why I don't work for banks.

[SueEllen]

market defo heating up, im even gonna do a 2 hr tech test for contract

Your market is heating up.

[founder]

what is yours?

[win10]

Because they watch they costs, because they can, and because they have multiple episodes of past form doing exactly that.

Which is why I don't work for banks.

And this is probably wise. I dont either.
I guess in perfect world no contractor would and they will not be so cheeky.

[GhostofTarbera]

what is yours?

A large gin and tonic please


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[PCTNN]

And this is probably wise. I dont either.
I guess in perfect world no contractor would and they will not be so cheeky.

Throughout my career I've worked in banking both as permie and as a contractor and I can't really say I enjoyed my time in such industry, but personally I found it so difficult to move away from it.

Even when I swore to myself I'd never work in banks again, I found a hard wall when applying for jobs in other sectors and ended up just moving from bank to bank.

I don't know why but other industries don't always see banking positively; most of the times I get the feeling they don't want to touch us with a 10 foot pole. Or maybe it's just me.