Originally posted by SueEllen
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We're speculating on potential reasons for the contractor's rate cut to be forced upon them and they could be, based on what we've discussed so far:
- Client is operating a rate cut across the board (although these are usually well-communicated when affecting all contractors)
- Client is paying over the odds because agent's cut is huge (agent taking £200 out of a £500 a day budget for example
- Agency made a mistake and passed the whole lot on to contractor, simply copying the agreed day rate from client contract to contractor contract.
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