You don't mention what percentage but lets assume 600 quid a day, that's about 15% or so percent which isn't out of the ball part. An agency supplying a lot of contractors to a client with lower margins could be on anything from 5 or 6% fixed up to maybe 10 tops, possibly with sliding scale.
A smaller agency with just one or two contractors is going to have to charge more to cover their time so could easily push up to 20% for first engagement. That top end is bordering on piss take but it depends if they will drop it drastically after the first extension. They've got to make their profit on the gig in three months, anything after that is a bonus. If they are charging you around 15% but are willing to come down to 10% or lower at renewal then it's not really as bad as it seems.
Depends on how eager you are for the work and how much you are getting in your pocket. I wouldn't, in this market, be getting overly hung up over a cut like this as long as I can reduce it at renewal.
A smaller agency with just one or two contractors is going to have to charge more to cover their time so could easily push up to 20% for first engagement. That top end is bordering on piss take but it depends if they will drop it drastically after the first extension. They've got to make their profit on the gig in three months, anything after that is a bonus. If they are charging you around 15% but are willing to come down to 10% or lower at renewal then it's not really as bad as it seems.
Depends on how eager you are for the work and how much you are getting in your pocket. I wouldn't, in this market, be getting overly hung up over a cut like this as long as I can reduce it at renewal.
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