Deutsche - FTC with day rate?

[CanPayButWouldRatherNot]

Secret Squirrel Silver ball meet up at Winchester House

Any other DB cukers fancy meeting up to have a chat ?

Based in Winchester house so could meet at the silver ball at a set time ?

DM if interested

[NeedTheSunshine]

A few people have mentioned that they are going to push people to go perm when the 45 week tenure is up and those that are not must be out for 12 weeks before they are to return to the bank.

It must vary from team to team as they are converting some people to perm now.

Who knows what will happen after the 45 weeks is up?

[Mephisto]

I'm happy with PAYE.... just wish that someone would tell us...

[Bluenose]

I'm with RS at DB as well ... but the 45 week tenure ... does that mean they want to stop rolling us year on year ?

Or will I just get a new contract with a "different role" and get another year ... ?

Yes they want to stop it.

You have to look at it from HMRC perspective. They are trying to remove all disguised permies, if you are just switching roles within the same company, at the same location, that is a red flag imho.

Personally, I would have like to have seen some sort of an alignment with the 24 month expenses rule and no return to same client within 18 months.

[Hawkeye]

A few people have mentioned that they are going to push people to go perm when the 45 week tenure is up and those that are not must be out for 12 weeks before they are to return to the bank.

[CanPayButWouldRatherNot]

squinting my eyeballs it sounds like:

Everyone is PAYE
45 week max working day 'contract' = 225 working days
35/38 non-working days paid leave included in the deal. 45weeks+7 weeks off=52 weeks.

Programme Managers/Planning managers at DB will be expecting that this will end well for their delivery schedules when everyone sods off in July and August for almost two months paid in the Med.

I'm with RS at DB as well ... but the 45 week tenure ... does that mean they want to stop rolling us year on year ?

Or will I just get a new contract with a "different role" and get another year ... ?

[SussexSeagull]

If that is how a company wishes to manage a project it's up to them. And if you are developing in an agile methodology most companies would prefer to sell x days of development with delivery prioritised within the sprints that time has bought...

You come from an era of waterfall development which really isn't the modern PM way...

At the level these decisions are made they won't care - or possibly even know - what delivery methodology is used.

That said you are correct that it is up to companies how they resource these projects.

[Bluenose]

squinting my eyeballs it sounds like:

Everyone is PAYE
45 week max working day 'contract' = 225 working days
35/38 non-working days paid leave included in the deal. 45weeks+7 weeks off=52 weeks.

Programme Managers/Planning managers at DB will be expecting that this will end well for their delivery schedules when everyone sods off in July and August for almost two months paid in the Med.

[ensignia]

I'm at DB. All contractors have to move to paye contracts by 16th march or get 2 week termination activated. I'd love to stay but been there 4 years so can't risk it. Know plenty that have been there esp a year or less who are signing.

Me too. Got my PAYE contract today and told to sign by 16th March.

However the existing LTD co contract goes on until 5th April.

[LouC]

I'm at DB. All contractors have to move to paye contracts by 16th march or get 2 week termination activated. I'd love to stay but been there 4 years so can't risk it. Know plenty that have been there esp a year or less who are signing.