• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

How do you know an agent to quezze your penny?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    How do you know an agent to quezze your penny?

    In my ongoing contract, the agency pays me X£ per day, but later, I found they charge the client Y£ per day. (Y-X)/Y is about 10%. I don't think they can survive on 10%. Now question are do they always squezze your penny you should have? how much would they put on your asking rate?

    #2
    Originally posted by topgun View Post
    In my ongoing contract, the agency pays me X£ per day, but later, I found they charge the client Y£ per day. (Y-X)/Y is about 10%. I don't think they can survive on 10%. Now question are do they always squezze your penny you should have? how much would they put on your asking rate?
    What Surely you are not their only client i.e. lots of 10 percents to be added up?

    Yes, agent always squeeze your pennies

    How much? On yours probably much cheapness.

    HTH.

    Comment


      #3
      Originally posted by topgun View Post
      In my ongoing contract, the agency pays me X£ per day, but later, I found they charge the client Y£ per day. (Y-X)/Y is about 10%. I don't think they can survive on 10%. Now question are do they always squezze your penny you should have? how much would they put on your asking rate?
      What is (Y-X)/X ? cos X is their layout they have to fund.
      What is payment terms? cos that is how long funding for
      What is their credit rating? cos that will say how much borrowing costs.

      Comment


        #4
        Originally posted by topgun View Post
        In my ongoing contract, the agency pays me X£ per day, but later, I found they charge the client Y£ per day. (Y-X)/Y is about 10%. I don't think they can survive on 10%. Now question are do they always squezze your penny you should have? how much would they put on your asking rate?
        Looks like your Algebra GCSE is reaping rewards at last
        Let us not forget EU open doors immigration benefits IT contractors more than anyone

        Comment


          #5
          Originally posted by DodgyAgent View Post
          Looks like your Algebra GCSE is reaping rewards at last
          no doubt you can turn to gold and hire out on 100% markup...

          Comment


            #6
            Originally posted by BrilloPad View Post
            cos X is their layout they have to fund
            I'm sure agents do not need to use trigonometry to work out margins?
            It's about time I changed this sig...

            Comment


              #7
              Originally posted by topgun View Post
              In my ongoing contract, the agency pays me X£ per day, but later, I found they charge the client Y£ per day. (Y-X)/Y is about 10%. I don't think they can survive on 10%. Now question are do they always squezze your penny you should have? how much would they put on your asking rate?

              Could you please repeat the question (if it is a question) in English?

              Comment


                #8
                ignore these swinehunds my Polish friend.
                Typical markup for me is 17.5%

                if I got away 10% I would be mucho happinessski




                (\__/)
                (>'.'<)
                ("")("") Born to Drink. Forced to Work

                Comment

                Working...
                X