Over two years as a Contractor at one company

[sospangar]

I am coming up to two years at a Banking Institution and somebody in HR mentioned that two years is the maximum they can have a person on contract. I have not heard of this as I have had over two year contracts before. Is this a general contracting issue or is just something to do with my banks contracting rules.

Any information would be gratefully received

[ratewhore]

This will be policy for this banking institution.

[jonhoops]

Yeah, this is quite common. Any longer than 2 years and they can't justify having a contractor. After all, if the role has been around for 2 years they 'should' have hired a permie. They justify contractors by saying it'll just be a 6 month project. However, if you are forced to leave you will prb be allowed back 6 months later to stay for another 2 years.

[malvolio]

It's common pratice, although it has no basis in reality of course, like most things done in the name of Human Remains - you don't automagically become an employee or anything, although, thanks to misguided prats like Dacas and Muscat, it might be a bit harder to prove that you aren't an employee to Hector and friends. So it's probably time to move on.

Don't forget if you do get retained, you will have to rethink your travel expenses, since you can't claim them after two years at the same client.

[malandri]

Don't forget if you do get retained, you will have to rethink your travel expenses, since you can't claim them after two years at the same client.

Actually i think that you can not claim from the moment you know that you will be for 2 years in a contract, for example, if you are 1.5 years in a contract and they offer you a 6 month extension and you accept, you can not claim travel expenses from the moment you accepted as you know that you will be 2 years with them

[malvolio]

Quite right - a distinction I (and others) always forget!

[The Lone Gunman]

So how come MPs can claim for all of their tenure then? Its a 5 year contract when it starts.


Sorry, ranting again...............

[cojak]

Is that just travel expenses or travel and accommodation?

[BlasterBates]

So how come MPs can claim for all of their tenure then? Its a 5 year contract when it starts.

..to save you the train fare of going to London, when you go to see your local MP.

Just imagine how inconvenient it would be if you had to go to London each time you wanted to see him.

[BillHicksRIP]

Is that just travel expenses or travel and accommodation?

You can't claim anything at all, once you know the 2 year limit will be breached.