Tech Mahindra 2 Year Contract

[northernladuk]

No one want to discuss the fact he's also inside IR35?

[cojak]

No one want to discuss the fact he's also inside IR35?

I alluded to that regarding expenses, but I was probably too vague...

[MrMarkyMark]

Looking at and considering all factors, it must be one of the worst offers in the world

[Xenonwave]

No one want to discuss the fact he's also inside IR35?

Can you clarify why you feel it is (or what makes it) inside IR35? I am interested in seeing if the conditions you think make so are applicable elsewhere. I've also been reading the various help pages here and unless there is some "reading between the lines" analysis I can't see what would make it so...or is it just that from the outset it is being positioned as a 2 year contract, as opposed to 3 month one that might get renewed/rolled 7 or 8 times?

Cheers
//Xenon

[northernladuk]

You are hardly going to carry out a single assignment in all that time, particularly with the likes of these agencies. You'll just be a body in a chair for them to do what they will with you which is clear D&C. I very much doubt they will honour RoS if they are just viewing you as a 2 year permie and your MoO isn't going to look to clever. That's the main pillars, the rest will follow.

Being at a client a long time isn't necessarily a bad thing but you've got multiple extensions giving you the opportunity to have new schedules of work to help you defend yourself. 2 years is just too long. It's coming close to being an FTC. 2 years carrying out PM duties as required is a job not a contract.

All this is arguable as IR35 is never straight forward but a 2 year gig? Wouldn't touch it with a bargepole.

[Agent]

I've had direct experience of TM as well as Infosys, Wipro etc. Payment is awful. We put a few people in visa an indian RPO (so another middle man), the contractors are all on 'pay when paid' basis. One guy got paid for his July work in November , it's bad news.

[LondonManc]

You are hardly going to carry out a single assignment in all that time, particularly with the likes of these agencies. You'll just be a body in a chair for them to do what they will with you which is clear D&C. I very much doubt they will honour RoS if they are just viewing you as a 2 year permie and your MoO isn't going to look to clever. That's the main pillars, the rest will follow.

Being at a client a long time isn't necessarily a bad thing but you've got multiple extensions giving you the opportunity to have new schedules of work to help you defend yourself. 2 years is just too long. It's coming close to being an FTC. 2 years carrying out PM duties as required is a job not a contract.

All this is arguable as IR35 is never straight forward but a 2 year gig? Wouldn't touch it with a bargepole.

There is another IR35 issue that you've nearly got to, as well as highlighting it with a 2 year gig - you put the whole contract inside IR35 rather than simply one of the 3-6 month contracts. If you choose to take the last 3 months as inside IR35 because you've become part and parcel, you can make significant changes to your engagement paperwork to differentiate, whereas if you drift inside IR35, the whole 2 years are exposed to IR35 taxation. Not a risk I'd want to take on.

[SimonMac]

I would question the fact is it really a 2 year contract, or is it working on a programme that is expected to last two years, they mention a lower rate due to logengivity but if you are on a weeks notice from the client that is a moot point from day 1

[northernladuk]

I would question the fact is it really a 2 year contract, or is it working on a programme that is expected to last two years, they mention a lower rate due to logengivity but if you are on a weeks notice from the client that is a moot point from day 1

Ah... The old 'it's not the best rate but it's a long contract which is great' line. Makes me smile everytime they pull this one

[NotAllThere]

Of course when it's a short contract, that's also a reason for low rates.