Found out today that this outfit were responsible for 'completing a market comparison of IT contractor rates in the UK against its peers in the finance sector in light of the current commercial climate' the result of which initiated a 15% reduction across the board in one financial institution.......
The rate practically makes it cheaper to hire a contractor than it is to recruit a permie.......
Apparantly due to CP's high volume/low margin strategy this 'shoot in the foot' report will strengthen their market hold.....
Hence I now intend giving up contracting and looking for a permamnent position.
Nice going CP, wipe out yer business in one full swoop.
The rate practically makes it cheaper to hire a contractor than it is to recruit a permie.......
Apparantly due to CP's high volume/low margin strategy this 'shoot in the foot' report will strengthen their market hold.....
Hence I now intend giving up contracting and looking for a permamnent position.
Nice going CP, wipe out yer business in one full swoop.
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