10% rate cut for renewal

[BolshieBastard]

I'm missing something here. Your company is contracted to Computer People, and Computer People say you have to have your contract with them moved to another 'preferred' supplier, i.e. another agency? They want to give up their precious commission and arrange for your contract so it pays for some other pimps' shiny suits and hair gel?

Sounds like BS to me.


Oh and:



WHS

I very much doubt CP want to give up the contract. If they have it may be because they consider the margin to be too small (but as I've said previously 90% of something....) since a number of agencies are dumping small margin PSL deals.

It could be the client co has demanded anagent on their PSL be used and CP are not on it.

[achilles]

This is a good example why I don't rate CP too highly.

Be careful because they might just try to squeeze your rate to their benefit. Make sure that the reduction was initiated by the client.

Personally, I would just call their bluff and tell them that I won't accept the reduction. Chances are that either they will keep you on until the end of your contract or CP will absorb part of the reduction (say.,5% each way).

[css_jay99]

Take the pay cut dude. there are not a lot of jobs out there no matter how out of this world ur skills are.

A few of the banks are cutting rates at the moment as well. Some are even going on a month by month basis for some contractors!

I'm back in insurance industry with about 30% rate cut!. No damn bank jobs about. It might be crap money but I am still getting paid. l reduce that margin by billing overtime/working on weekends.

This difficult times, I wonder what its going to be like next year.

css_jay99

[BrilloPad]

Take the pay cut dude. there are not a lot of jobs out there no matter how out of this world ur skills are.

A few of the banks are cutting rates at the moment as well. Some are even going on a month by month basis for some contractors!

I'm back in insurance industry with about 30% rate cut!. No damn bank jobs about. It might be crap money but I am still getting paid. l reduce that margin by billing overtime/working on weekends.

This difficult times, I wonder what its going to be like next year.

css_jay99

It all goes quiet from now until about Feb. Who knows what march and new budgets will bring?