BT cutting contractor rates now....

[DaveB]

Dont get me started on these guys!!!

HOLY MOLY! If you thought TCS, Satyam and co were sub - these guys are Champions Super League!

Write a VMware Config Document by cut and paste from the ESX Guide - verbatim with no bespoke info and then bill for 4 people for 6 months to do it!

I have extensive BAD experience with these guys.

I suspect you are not alone

[Sausage Surprise]

30% is pretty darn harsh. Commiserations. I hope they don't get that kind of idea where I am.

Asking around today 12% seems to be the average but some like me have been shafted - although some others on the higher rates haven't been
Where's the logic in that? BT surely knew we'd discuss our cuts when they were so excessive and there's just bad feeling all around the building. We're struggling to work out what criteria has been used for the basis of individual cuts - it makes no sense at present.

[HappyOnHoliday]

Asking around today 12% seems to be the average but some like me have been shafted - although some others on the higher rates haven't been
Where's the logic in that? BT surely knew we'd discuss our cuts when they were so excessive and there's just bad feeling all around the building. We're struggling to work out what criteria has been used for the basis of individual cuts - it makes no sense at present.

Heard that the cut is dependent on rate, but have also spoken to a few people who's cuts don't seem consistent with this at all. Levels talked about are 7.5%, 12%, 15%, 20% and 30%...with the alleged 'cut off' between 12% and 15% set at 450pd. Seems like they are really going after the big rates, which ironically are the lower volumes in terms of headcount and often most under the spotlight to perform.

A fairly clumsy approach all around with botched letter being sent out initially. Contractors who've only just had their contracts extended, following a rather extended reviews process including sign off at VP level, get a letter the next week saying rate is to be cut; no logic in that, why not raise it at renewal time!

Spoken to a few people, left a fairly sour taste all around, not exactly motivating to deliver and most even if accepting the cut intend to get the first boat out of there.

Just my tpw.

[Sausage Surprise]

Heard that the cut is dependent on rate, but have also spoken to a few people who's cuts don't seem consistent with this at all. Levels talked about are 7.5%, 12%, 15%, 20% and 30%...with the alleged 'cut off' between 12% and 15% set at 450pd. Seems like they are really going after the big rates, which ironically are the lower volumes in terms of headcount and often most under the spotlight to perform.

A fairly clumsy approach all around with botched letter being sent out initially. Contractors who've only just had their contracts extended, following a rather extended reviews process including sign off at VP level, get a letter the next week saying rate is to be cut; no logic in that, why not raise it at renewal time!

Spoken to a few people, left a fairly sour taste all around, not exactly motivating to deliver and most even if accepting the cut intend to get the first boat out of there.

Just my tpw.

and that's where they'll get stung when the grafters ship out - hopefully.

[gingerjedi]

I know this won't be popular but you do know it's a market out there and they're only benchmarking. I'm on 30% less than my last gig so 12-15% isn't too bad IMO, not nice I know but you have to be realistic at the moment.

Take a look a jobserve and see the alternative... better than nowt.

[Ivor Bigun]

and that's where they'll get stung when the grafters ship out - hopefully.

SS, The grafters won't be leaving, they'll be the ones chosen to stay.

[Sausage Surprise]

I know this won't be popular but you do know it's a market out there and they're only benchmarking. I'm on 30% less than my last gig so 12-15% isn't too bad IMO, not nice I know but you have to be realistic at the moment.

Take a look a jobserve and see the alternative... better than nowt.

I agree...but I was stung for 30% and others doing the same job on the same rate got 12%

[HappyOnHoliday]

I agree...but I was stung for 30% and others doing the same job on the same rate got 12%

Fair enough, but in many areas BT have managed their rates very tightly over the past few years and have never had a reputation as a big payer, i.e. already toward the lower end. Guess it is their prerogative in any case, just think it to be fairly sharp practice to enter a contract one week only to try and move the rate down the next, why not agree a shorter term if their is uncertainty of affordability.

IN any case, have looked on jobserve and spoke with a few contacts, seems to be a fair bit around paying pretty ok money. Am not worried at all.

[Sausage Surprise]

Fair enough, but in many areas BT have managed their rates very tightly over the past few years and have never had a reputation as a big payer, i.e. already toward the lower end. Guess it is their prerogative in any case, just think it to be fairly sharp practice to enter a contract one week only to try and move the rate down the next, why not agree a shorter term if their is uncertainty of affordability.

IN any case, have looked on jobserve and spoke with a few contacts, seems to be a fair bit around paying pretty ok money. Am not worried at all.

Eh? Are you some BT Senior Manager with some hidden agenda? BT in Leeds (NHS) have paid massive rates since 2004 as well as BT in Lytham & Blackpool. EDS lost loads of permie staff to BT who were paying well over the odds when all the staff did was move next door.

Your second statement is just utter bollocks. I am guessing you are a youngish single bloke, no commitments, have a large warchest and a **** all mortgage that you share with some bird (or partner) that enables you to sit smoking funny fags for the next 6 months with no worries.

[HappyOnHoliday]

Eh? Are you some BT Senior Manager with some hidden agenda? BT in Leeds (NHS) have paid massive rates since 2004 as well as BT in Lytham & Blackpool. EDS lost loads of permie staff to BT who were paying well over the odds when all the staff did was move next door.

In the contract market, not permie, and no hidden agenda. Certainly not paying over the odds from where I'm sat. Which is possibly why I see other work around at similar rates to pre/cut rates. Cuts would bring rates to below those being offered elsewhere.

Your second statement is just utter bollocks. I am guessing you are a youngish single bloke, no commitments, have a large warchest and a **** all mortgage that you share with some bird (or partner) that enables you to sit smoking funny fags for the next 6 months with no worries.

No, there does seem to be stuff around, just guess it depends on what field. Don't smoke. Plenty of commitments. Saving for a rainy day helps, but I guess that's what's called being in it for the long game.