How Low Can You Go?

[sadkingbilly]

I'm not keen on you effectively shaming those people like me for whom £400/day has been their average rate for the past 10 years. I don't consider that I have debased myself - it is all I have been able to get, and I didn't consider it to be a low rate.

Ignore him. if this were General, i'd say he's a winker with a colon in front, but as it's here, i'll say he's not nice to know.

[willendure]

Last gig was already 30% lower than the one before (which was before covid). Was kind of hoping to go back upwards rather than down more, but yeah... not in this market.

[Tractor Trace]

Have any of you ever considered, or even done, a regular long commute on an Inside IR35? When I say "long", I mean at least 1hr 30 mins one way .

[SussexSeagull]

Have any of you ever considered, or even done, a regular long commute on an Inside IR35? When I say "long", I mean at least 1hr 30 mins one way .

I have yet to do an inside IR35 contract but certainly would do one now. I am about that distance from London and looking it up a monthly ticket would cost me £572.20, which I would be able to take on the chin if the rate is anywhere near passable.

I am told the take home on £200 a day inside is about £2.4k a month. It really isn't attractive for anyone having to take one of the low rates to keep the wold from the door at the moment.

[gables]

I have yet to do an inside IR35 contract but certainly would do one now. I am about that distance from London and looking it up a monthly ticket would cost me £572.20, which I would be able to take on the chin if the rate is anywhere near passable.

I am told the take home on £200 a day inside is about £2.4k a month. It really isn't attractive for anyone having to take one of the low rates to keep the wold from the door at the moment.

Using an 18day/month then Clarity umbrella calculator shows this is about right (20day/month ~£2.8k) and to net this as a permie requires ~£35k (obviously over simplified no doubt)

And yet I'd imagine 10 of 1000s of commuters do this without batting an eyelid.

[SussexSeagull]

Using an 18day/month then Clarity umbrella calculator shows this is about right (20day/month ~£2.8k) and to net this as a permie requires ~£35k (obviously over simplified no doubt)

And yet I'd imagine 10 of 1000s of commuters do this without batting an eyelid.

Well yes, but you might as well go and get a permanent job at that point as the financial upside of contracting has evaporated.

[gables]

Well yes, but you might as well go and get a permanent job at that point as the financial upside of contracting has evaporated.

Indeed, but it would probably be worth doing this whilst looking for a permie role.

[Fraidycat]

Indeed, but it would probably be worth doing this whilst looking for a permie role.

No brainer really. If its IT work that matches your skill set.


Jensen, CEO of Nvidia, net worth $130 Billion:

[edison]

Have any of you ever considered, or even done, a regular long commute on an Inside IR35? When I say "long", I mean at least 1hr 30 mins one way .

Does every couple of weeks count?

I'm doing an inside gig for first time ever in 11 years contracting. It's 95 miles one way which takes me around 2.5 hours to drive. I do the trip twice a month and stay over for a couple of nights each time in a cheap AirBnB. It's effectively knocking about £20/day off my rate across the month but it's bearable in the absence of an alternative outside gig.

[Snooky]

I'm not keen on you effectively shaming those people like me for whom £400/day has been their average rate for the past 10 years. I don't consider that I have debased myself - it is all I have been able to get, and I didn't consider it to be a low rate.

I agree, perhaps they didn't mean it to sound supercilious and condescending, but that's how it came across to me too. Everyone does the best they can under the circumstances and plenty of people in this country would leap at the chance to make £400/day.