Lloyds cutting rates by another 10% today

[pzz76077]

Oh and all you people working at Lloyds - make sure you get a 15% pay rise before your pay is cut by 10%.....

PZZ

[AlfredJPruffock]

Think of accepting a rate cut in the Banking Sector as doing your bit for those poor Bankers who received Millions/Billions from the Government for their acumen in collapsing the Global economy - its only fair that you should share your Pie to help maintain the lifestyle that Brit Bankers aspire too.

[StellaFan]

The Oil companies are at it now. Shell imposing 12% cuts

[nomadd]

The Oil companies are at it now. Shell imposing 12% cuts

Just had a phone call from an agent for an Architect position at Shell's Trading arm. Rate: "about £340 to 400" a day. I said "no thanks". We'll see if she ever comes back...

Nomadd

[HeadOfTesting]

The Oil companies are at it now. Shell imposing 12% cuts

Whilst I don't like the idea of clients moving the goalposts mid-way through a contract, the harsh reality is that 12% compares very favourably with what's happened to rates in the open market over the last 6-9 months.

Every situation has its own specifics but in general I think pragmatism is the order of the day.

[StellaFan]

Just had a phone call from an agent for an Architect position at Shell's Trading arm. Rate: "about £340 to 400" a day. I said "no thanks". We'll see if she ever comes back...

Nomadd

In addition, the agencies have also been forced to reduce their margins by 10%
I am still not sure whether to walk or roll over. I am swaying towards the latter to be honest because I am not in an ideal position to be warming the bench at the moment

[Mich the Tester]

The Oil companies are at it now. Shell imposing 12% cuts

Just do 15% less work then. Easy enough; take an extra long dump in the afternoon, schedule a useless meeting with someone like minded and chat about whatever interests you both and if you really can't do better, make a few more posts on CUK.

[DimPrawn]

Just do 15% less work then. Easy enough; take an extra long dump in the afternoon, schedule a useless meeting with someone like minded and chat about whatever interests you both and if you really can't do better, make a few more posts on CUK.

WHS.

Don't go the extra mile, drag out each piece of work that bit longer, fill in time studying to improve your prospects in the future.

Clients will reap what they sow.

[BolshieBastard]

Just do 15% less work then. Easy enough; take an extra long dump in the afternoon, schedule a useless meeting with someone like minded and chat about whatever interests you both and if you really can't do better, make a few more posts on CUK.

Yeah right. And then wonder why the client co cans you when they decide they can afford to let people go.

What tulip 'advice' some tools give out to others.

[_V_]

Yes take it like a man!

Every time they cut your rate mid-contract, put that little bit extra into your job!

Slackers get canned!

Work harder, work harder, work harder....!!!