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Long and winding road to contracting

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    Long and winding road to contracting

    Hi There,

    I just started work in the UK as a FTE in January and am on a salary of 65k a year in IT company. I am getting quiet restless as the work is crap and boring and would like to start contracting. I started applying to positions on jobserve that are paying approx 500-600 per day and talked to a few agencies. I am finding the whole process to be quiet slow, I thought with contracting the market was booming at the moment. After one week looking I have not received any interviews yet.

    Also, I have been reading that if I apply via the agencies they can take a cut for managing the contract etc, what’s this all about? I thought the contract was with you and the company that hired you. Why are the agency involved?

    I thought contracting would be a good choice, because I would have lots of options open to me and ideally could move around after 6 months.

    Any thoughts?

    #2
    Originally posted by reddeagle
    Hi There,

    I just started work in the UK as a FTE in January and am on a salary of 65k a year in IT company. I am getting quiet restless as the work is crap and boring and would like to start contracting. I started applying to positions on jobserve that are paying approx 500-600 per day and talked to a few agencies. I am finding the whole process to be quiet slow, I thought with contracting the market was booming at the moment. After one week looking I have not received any interviews yet.

    Also, I have been reading that if I apply via the agencies they can take a cut for managing the contract etc, what’s this all about? I thought the contract was with you and the company that hired you. Why are the agency involved?

    I thought contracting would be a good choice, because I would have lots of options open to me and ideally could move around after 6 months.

    Any thoughts?
    Learn the difference between "quiet" and "quite".

    Makes quiet(sic) a difference!

    Have a look at the getting started guides here, and on SJD.
    Best Forum Advisor 2014
    Work in the public sector? You can read my FAQ here
    Click here to get 15% off your first year's IPSE membership

    Comment


      #3
      If you are a permie at the moment you may well be getting pushed to the bottom of the pile. Lots of permies think abount contracting and then decide it's not for them so agents may disregard permie applicants if they have a lot of contractors who are capable going for the same role.


      Aside from that there are always highs and lows in the market.

      Comment


        #4
        Originally posted by Ardesco
        If you are a permie at the moment you may well be getting pushed to the bottom of the pile. Lots of permies think abount contracting and then decide it's not for them so agents may disregard permie applicants if they have a lot of contractors who are capable going for the same role.


        Aside from that there are always highs and lows in the market.
        Apologies for spelling.

        I told the agencys that i am on paye contract so havnt told them i am full time to try and avoid that scenario. I guess i will wait and see. I am keen to start contracting and getting a feel for how things are done in other companies.

        I have read the start up help on this site, its all good.

        fingers crossed.

        Comment


          #5
          Originally posted by reddeagle
          Apologies for spelling.

          I told the agencys that i am on paye contract so havnt told them i am full time to try and avoid that scenario. I guess i will wait and see. I am keen to start contracting and getting a feel for how things are done in other companies.

          I have read the start up help on this site, its all good.

          fingers crossed.
          Tell them that you are on a rolling contract with two weeks notice. They might take a bit more interest in your CV then.
          Best Forum Advisor 2014
          Work in the public sector? You can read my FAQ here
          Click here to get 15% off your first year's IPSE membership

          Comment


            #6
            As for agencies being involved, learn to live with it. Reality is that bigger customers that normally hire contractors don't want to deal with hundreds of one person Ltd's, so they hire through a small number of preffered suppliers. Sometimes agencies are PS for a customer, sometimes PS are too lazy and let agencies do the dirty work. Either way, as a starting contractor it will be very difficult to bypass them..

            Comment


              #7
              £500-£600 a day contracts are going to be rare. I don't know what you do, but according to my rate calculator a £65k permie job is equivalent to about £430-450 a day.
              Last edited by oraclesmith; 4 July 2007, 18:08.
              It's my opinion and I'm entitled to it. www.areyoupopular.mobi

              Comment


                #8
                what are you telling he agencies?
                Have you got your LTD Co sorted?
                Have you registered for Vat?
                Have you got your umbrella sorted?

                If you haven't got any of these yet, you can't be taken seriously yet.

                It takes me a total of three days tops to secure my next contract so things are booming, but then I have been doing this for a while.
                threenine.co.uk
                Cultivate, Develop & Sustain Innovation

                Comment


                  #9
                  Originally posted by reddeagle
                  Hi There,

                  I just started work in the UK as a FTE in January and am on a salary of 65k a year in IT company. I am getting quiet restless as the work is crap and boring and would like to start contracting. I started applying to positions on jobserve that are paying approx 500-600 per day and talked to a few agencies. I am finding the whole process to be quiet slow, I thought with contracting the market was booming at the moment. After one week looking I have not received any interviews yet.
                  After one week? Grow some nuts Son! If you want to be a contractor.. it can get ugly.


                  Originally posted by reddeagle
                  Also, I have been reading that if I apply via the agencies they can take a cut for managing the contract etc, what’s this all about? I thought the contract was with you and the company that hired you. Why are the agency involved?
                  Agents will add a cut over the 600/day...so relax..you don't pay.

                  Originally posted by reddeagle
                  I thought contracting would be a good choice, because I would have lots of options open to me and ideally could move around after 6 months.
                  Yes...welcome to our world.

                  PS:

                  Originally posted by reddeagle
                  I just started work in the UK as a FTE in January and am on a salary of 65k

                  How did you score that? Seems like a good deal for just starting!

                  Comment


                    #10
                    What's a FTE?
                    How fortunate for governments that the people they administer don't think

                    Comment

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