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War chests

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    #91
    Hiring manager perspective.

    Originally posted by Mustang View Post
    Very well put. The other challange from a contracting perspective is dealing with agents who dont really have a clue about the PM role and therefore dont know what to look for in candidates!!
    Cheers. I've been in the business 20 years now and have seen it from the candidate and hiring manager's perspective. From the hiring manager's perspective, you get a different view than what you do as a candidate so perhaps it's worth explaining it from that perspective.

    1. You may tell an agent about a job but your HR department won't sign off for a while so it takes some time for it to appear.
    2. You get bombarded with CVs, not just from those agencies that you've instructed.
    3. Most of the CVs will initially be from Indian Nationals and will demonstrate exceptional experience.
    4. You'll never get a CV from an Indian National whose not had team lead experience or above.
    5. When you ring up candidate's you'll find that what's written on the CV and what experience they have is not well correlated.
    6. It's only when you complain to the agencies about the quality of the candidates sent through that they'll start to put the effort in to find proper candidates.
    7. If you give out your phone number to an agent, some will ring you constantly so that you never have any time to do any work.
    8. If it's a difficult to fill role, then agencies will show a lot of initial enthusiasm but this will trail off the more candidates you reject.
    9. You'll have differences of opinion about potential candidates than another manager, and you both need to be happy.
    10. You'll see your job ad up from agencies that you've never instructed.
    11. You'll be sent anonymous CVs through from agencies that you've not instructed.
    12. The secretaries will field calls from multiple agencies who you've not instructed and who try a number of ways to get past the switchboard.
    13. The role specified in the original job ad may vary as you bring on more people and find that you need a different set of skills than what you first expected to balance the team.
    14. After the job's filled, you'll see the job ad advertised for some weeks afterwards.

    My eventual solution to the problems above was to just set a simple quiz, this works especially well for the more technical roles. The agencies give the candidates the quiz, they respond, you check the answers and if correct arrange a phone interview. That way, you avoid days of your time talking to agents, reading CVs and phoning inappropriate candidates. If all companies followed a similar approach, I really feel that it would free up the hiring manager and the agencies time and place the best fit candidates.

    Comment


      #92
      Been following this thread with interest. Mostly becuase I have a 6 month old boy and have been thinking about stability, school fees, aspirations, etc just like all the rest of us.

      For my tuppence worth, I have been on about £400 a day as a code monkey and am not sure just how easy that is to keep up. I left a permie role and went straight to a contract directly without being 'in the market', so I have no idea how easy I would find it. I am about to convert to perm for the time being as my war chest is not that great and I can't quite guage my own worth/prospects. Coward I know!

      I think Turion takes himself too seriously. I know a muppet/cowboy who has blagged the PM role and doesn't even know what Prince 2 is; I am not joking. His jobs nearly always end up in farce followed closely by his none-to-graceful exit, yet he has kept getting high profile gigs year after year at very big and well respected companies. Turion is telling it how it should be, but far from how it is.

      Comment


        #93
        I have been going for almost 2 yrs now, got 130k net stored, no kids, small mortgage...... I am not relaxing the stock piling till I have 200k set aside.

        Comment


          #94
          Originally posted by HeadOfTesting View Post
          My outgoings have stayed steady at about 1300pcm.
          God, that doesn't cover my rent! Do you live at home???? Do you eat? Do you ever have fun??

          Comment


            #95
            Originally posted by mace View Post

            1. You may tell an agent about a job but your HR department won't sign off for a while so it takes some time for it to appear.
            2. You get bombarded with CVs, not just from those agencies that you've instructed.
            3. Most of the CVs will initially be from Indian Nationals and will demonstrate exceptional experience.
            4. You'll never get a CV from an Indian National whose not had team lead experience or above.
            5. When you ring up candidate's you'll find that what's written on the CV and what experience they have is not well correlated.
            6. It's only when you complain to the agencies about the quality of the candidates sent through that they'll start to put the effort in to find proper candidates.
            7. If you give out your phone number to an agent, some will ring you constantly so that you never have any time to do any work.
            8. If it's a difficult to fill role, then agencies will show a lot of initial enthusiasm but this will trail off the more candidates you reject.
            9. You'll have differences of opinion about potential candidates than another manager, and you both need to be happy.
            10. You'll see your job ad up from agencies that you've never instructed.
            11. You'll be sent anonymous CVs through from agencies that you've not instructed.
            12. The secretaries will field calls from multiple agencies who you've not instructed and who try a number of ways to get past the switchboard.
            13. The role specified in the original job ad may vary as you bring on more people and find that you need a different set of skills than what you first expected to balance the team.
            14. After the job's filled, you'll see the job ad advertised for some weeks afterwards.
            Good post. I experience 13 out of the 14 points you raise. I don't talk to HR if I can help it.

            Comment


              #96
              Originally posted by Belle View Post
              God, that doesn't cover my rent! Do you live at home???? Do you eat? Do you ever have fun??
              No, left home at 18yrs old.

              Yes I eat

              Yes I have fun (see earlier posts).

              Just done a quick spreadsheet, my core costs are about £1000 and the rest is spending money. Obviously there are months where I spent more than £300 on going out but as we all know, times are hard right now.

              I should also point out that I don't currently own a car.
              Last edited by HeadOfTesting; 16 July 2009, 17:47.

              Comment


                #97
                Originally posted by Belle View Post
                God, that doesn't cover my rent! Do you live at home???? Do you eat? Do you ever have fun??
                Drink? Smoke? Drive? Have kids at home? Have kids at university that you'll see start life with a £20k debt over your dead body? Pay council tax on a 3-bed home? Try to save for retirement? Cover months on the bench? Have debts from an unbalanced divorce settlement?

                I do. I don't go out, ever (smoking ban helps there). I buy clothes in charity shops, my partner wears cardigans to cover worn clothes. My car is over 10 years old, my partner's is now 6, the oldest she's ever had.

                The contractor lifestyle?

                Comment


                  #98
                  Originally posted by Belle View Post
                  God, that doesn't cover my rent! Do you live at home???? Do you eat? Do you ever have fun??
                  No he does not. 1300/month is about the take home of a parking attendant. His 'core costs' take up 75% of this meagre amount. In fact his total weekly discretionary income would not even buy a decent meal for two with wine in a high street restaurant.

                  He lives a p1ss poor misers lifestyle. Yet he purports to be worth over 500/day.

                  Just imagine trying to get this guy to buy his round in the pub. Then again, he probably always drinks alone, at home, where he belongs.

                  Comment


                    #99
                    Originally posted by expat View Post
                    Drink? Smoke? Drive? Have kids at home? Have kids at university that you'll see start life with a £20k debt over your dead body? Pay council tax on a 3-bed home? Try to save for retirement? Cover months on the bench? Have debts from an unbalanced divorce settlement?

                    I do. I don't go out, ever (smoking ban helps there). I buy clothes in charity shops, my partner wears cardigans to cover worn clothes. My car is over 10 years old, my partner's is now 6, the oldest she's ever had.

                    The contractor lifestyle?
                    Don't drink
                    Don't smoke
                    Don't drive (at the moment)
                    Don't have wife/kids
                    Live in a 1 bed and get single person's discount (£1000pa)
                    I am saving for retirement/future (when earning)
                    I do save to cover bench time (when earning)
                    No debts
                    I rarely buy clothes
                    My car was 9yrs old when it got scrapped last summer

                    I acknowledge that I have an uncomplicated life

                    Comment


                      Why do people try and out do each other by trying to suggest they have a bigger 'war chest' than the next person?

                      So ******* what?
                      I couldn't give two fornicators! Yes, really!

                      Comment

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