Originally posted by LetterBox
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Deutsche - FTC with day rate?
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Originally posted by malvolio View PostDay Rates come out ofdiffernt budgets to salaries, so this isn't really an FTC in the traditional sense, although it has all the same benefits. Interesting concept though.
However in another way it weakens the case. We're trying to get clients to work with deliverables-based contracts as service providers. Having a time-limited engagement is heading in the opposite direction.Leave a comment:
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Originally posted by malvolio View PostDay Rates come out ofdiffernt budgets to salaries, so this isn't really an FTC in the traditional sense, although it has all the same benefits. Interesting concept though.
However in another way it weakens the case. We're trying to get clients to work with deliverables-based contracts as service providers. Having a time-limited engagement is heading in the opposite direction.Leave a comment:
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Originally posted by malvolio View PostDay Rates come out ofdiffernt budgets to salaries, so this isn't really an FTC in the traditional sense, although it has all the same benefits. Interesting concept though.
However in another way it weakens the case. We're trying to get clients to work with deliverables-based contracts as service providers. Having a time-limited engagement is heading in the opposite direction.
You come from an era of waterfall development which really isn't the modern PM way...Leave a comment:
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Day Rates come out ofdiffernt budgets to salaries, so this isn't really an FTC in the traditional sense, although it has all the same benefits. Interesting concept though.
However in another way it weakens the case. We're trying to get clients to work with deliverables-based contracts as service providers. Having a time-limited engagement is heading in the opposite direction.Leave a comment:
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Deutsche - FTC with day rate?
OffpayrollUK comment from Deutsche Bank bod.
"Actually really pleased with the outcome. Been offered a very respectable day rate on PAYE including Pension, 35 days hols, WFH, same perks as permies. When I enquired why contractors are getting the same Perks as permies I was advised the Bank does not want the flexible workforce to worry or stress about the IR35 situation. The only financial organisation I beleive NOT shafting their contractors! I will happily stay a year or two. Well done DB! WELL DONE! ??????"
"the Bank does not want the flexible workforce to worry or stress about the IR35 situation" - Yeah, ok, sure, no self interest in this offer at all.
A lot of detail missing in the above, but knowing also it's a 45 week tenure, this looks to be an arms length FTC with day rate. Poster looks happy with day rate (although I've seen contractors happy with a packet of peanuts and a fruitshoot TBH).
Could be a useful halfway house model, if a day rate is used it would not step on the toes of those pay bands the FS clients love. Shrink the FTC to 6 month rolling and keep upping the rate, could be something to watch.
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