Hypothetical situation...
I'm on a contract being paid a daily rate of 5 beans per day. The Line Manager (Director level) I work for is happy with my work and wants to renew my contract. However, the central Bean Counter has made an edict that no contractors shall be paid more than 4 beans per day.
I'm not happy to drop my rate as I'm doing a good job and client wants me. The Director wants me to stay and is more than happy to pay me 5 beans a day.
Despite numerous protests from the Director, the Bean Counter is adamant that it's 4 beans per day max. I can take it or Director has to find someone else.
The Director and I are trying to find a way through the impasse.
One option we're looking at is the possibility of reducing the rate to 4 beans per day to comply with the Bean Counter, but for the Director and I to have a flexible working arrangement where I charge 5 days a week but only work 4 days. I end up with 20 beans a week for 4 days work = 5 beans a day, same equivalent daily rate.
As long as Director is happy to sign off the timesheets, we'll stay under the Bean Counter's radar and everyone is a winner.
Well, I'm actually a loser as my total revenue will probably take a hit. I don't think it will be too bad though as I quite often take long weekends off which I can now bill.
It's got to be better than taking the drop to 4 beans a day and still working a 5 day week.
I imagine most of you will tell me to just walk and find another contract. I quite like the contract though and now I'm getting to like the idea of a 4 day week!
What does the panel think?
I'm on a contract being paid a daily rate of 5 beans per day. The Line Manager (Director level) I work for is happy with my work and wants to renew my contract. However, the central Bean Counter has made an edict that no contractors shall be paid more than 4 beans per day.

I'm not happy to drop my rate as I'm doing a good job and client wants me. The Director wants me to stay and is more than happy to pay me 5 beans a day.
Despite numerous protests from the Director, the Bean Counter is adamant that it's 4 beans per day max. I can take it or Director has to find someone else.
The Director and I are trying to find a way through the impasse.
One option we're looking at is the possibility of reducing the rate to 4 beans per day to comply with the Bean Counter, but for the Director and I to have a flexible working arrangement where I charge 5 days a week but only work 4 days. I end up with 20 beans a week for 4 days work = 5 beans a day, same equivalent daily rate.
As long as Director is happy to sign off the timesheets, we'll stay under the Bean Counter's radar and everyone is a winner.
Well, I'm actually a loser as my total revenue will probably take a hit. I don't think it will be too bad though as I quite often take long weekends off which I can now bill.
It's got to be better than taking the drop to 4 beans a day and still working a 5 day week.
I imagine most of you will tell me to just walk and find another contract. I quite like the contract though and now I'm getting to like the idea of a 4 day week!

What does the panel think?
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