rate cuts

[fester]

Hello all,

Does anyone know if an agency can reduce your rate by a fixed amount?

I got a letter saying its going to be reduced by X%, if I didn't accept it then the letter serves as my notice and I will have to leave, doesn't sound quite right to me.

Any thoughts anyone?

If the rate was being increased i wouldn't mind:-)

[Recruitment Agent]

Hello all,

Does anyone know if an agency can reduce your rate by a fixed amount?

I got a letter saying its going to be reduced by X%, if I didn't accept it then the letter serves as my notice and I will have to leave, doesn't sound quite right to me.

Any thoughts anyone?

If the rate was being increased i wouldn't mind:-)

Are you working for Barclays? they have reduced contractors rates by 10% this year

[BrilloPad]

Hello all,

Does anyone know if an agency can reduce your rate by a fixed amount?

I got a letter saying its going to be reduced by X%, if I didn't accept it then the letter serves as my notice and I will have to leave, doesn't sound quite right to me.

Any thoughts anyone?

If the rate was being increased i wouldn't mind:-)

Can they give you notice? If so then they can. You accept it or find another gig.

[Beefy198]

if I didn't accept it then the letter serves as my notice and I will have to leave

As long as that tallies with the notice as stated in your contract

[fester]

Hi all,

Thanks for the info, they can give me notice, it does tie in, no its not Barclays and its more than a 10% drop:-(

Its better than no contract in the current economy!

Thanks,