Abraxas agency terms

[Not So Wise]

Margins listed there seem pretty standard to me (for permie roles that is)

[happybloke]

My agency is a preferred supplier and their just taking
11.0% of the gross daily rate fee (£450pd).

I think average is about 15-20% for contractors I guess permanent
is going to be higher.

a few years ago I was doing a contract for a consultantcy through
an agency, and found out the rates when the consutantcy manager
left invoice printouts near the printer.

Client ->Consultantcy (£55ph) -> Agency (£35ph) -> Me (£27ph)

Market rates at the time (97-99) for my skillset was approx £25-30ph so
I guess consultantcies can take an even bigger cut than agencies,
especially with clients who don't know anything about IT market.

I know an agency that took a 100% mark up on what the contractor took ie if the contractor got £250 per day they charged £500 per day.

[tino]

fair enough then chaps. my problem is that a margin of 30 per cent has priced me out of the role I was looking at.

obviously the client have a budget and by me looking for slightly more than is being advertised I seem to have gubbed myself

[buffdaddy]

I am an Abraxas contractor.

I know that their margins are higher than other since my Manager (aka End Client) told me that out of the 4-5 agencies that he uses, Abraxas are the most expensive.

[tim123]

I am an Abraxas contractor.

I know that their margins are higher than other since my Manager (aka End Client) told me that out of the 4-5 agencies that he uses, Abraxas are the most expensive.

How do you know that it isn't you who's most expensive?

tim

[buffdaddy]

i will never know that.

all i am saying is that out of a small pool of agencies that my end client uses, Abraxas is most expensive. But i guess they got them a top notch contractor!

for good quality everyone pays a premium