of £50 due to change in role (more work than originally planned) which I'm happy to accept. Does/should the pimp get any of this?
- 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!
Client offers daily rate rise...
Collapse
X
-
-
Regardless of whether the pimp does or not...
does the pimp now do more work than originally planned?
no!B00med! -
Was the agent cut not part of the negotiation. Maybe the agent would have got you more? (DA - where are you?)Originally posted by Sausage Surprise View Postof £50 due to change in role (more work than originally planned) which I'm happy to accept. Does/should the pimp get any of this?
Depending on contract agent is probably due their cut. But everything is negotiable.Comment
-
So does the client say to the pimp "Here's an extra £50 a day for SS" and the pimp passes it on, smiling politely as they do it?
Is that how it works?
Pimp not included in negotiations btwBlood in your pooComment
-
Seems a bit much when they've done **** all to earn it.Originally posted by BrilloPad View PostWas the agent cut not part of the negotiation. Maybe the agent would have got you more? (DA - where are you?)
Depending on contract agent is probably due their cut. But everything is negotiable.Blood in your pooComment
-
The pimp should get all of it in order to help pay for the cheap champagne to celebrate the clients confidence in the contractor that he (the pimp) found in the first placeOriginally posted by Sausage Surprise View Postof £50 due to change in role (more work than originally planned) which I'm happy to accept. Does/should the pimp get any of this?
Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
-
Same with property rental though. Rightly or wrongly.Originally posted by Sausage Surprise View PostSeems a bit much when they've done **** all to earn it.Comment
-
<flame_proof_suit>
The problem may be that the agent is passing onto you a fixed % of what they charge the client, therefore if your rate goes up and theirs doesn't you are effectively reducing their margin.
Part of their margin is used to factor the captial they have tied up by paying you before they get paid. This is now increasing and so therefore is their risk and exposure.
£50 per day * 20 days a month * 3 months is £3000 that is no longer in thier bank account.
</flame_proof_suit>Comment
-
Actually that's good point and was more or less what I was getting at. Watch this space......Originally posted by Pondlife View Post<flame_proof_suit>
The problem may be that the agent is passing onto you a fixed % of what they charge the client, therefore if your rate goes up and theirs doesn't you are effectively reducing their margin.
Part of their margin is used to factor the captial they have tied up by paying you before they get paid. This is now increasing and so therefore is their risk and exposure.
£50 per day * 20 days a month * 3 months is £3000 that is no longer in thier bank account.
</flame_proof_suit>Blood in your pooComment
-
Love itOriginally posted by DodgyAgent View PostThe pimp should get all of it in order to help pay for the cheap champagne to celebrate the clients confidence in the contractor that he (the pimp) found in the first place
Blood in your pooComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment