Reject role due to ClientCo's unethical products

[petergriffin]

. online loan sharks

What's unethical about that?

[bless 'em all]

What's unethical about that?

Nothing if you write the same % APR into the contract for late-payment penalties.

We all have moral limits. Who'd want to design & build a website for, say, Gary Glitter?

[NotAllThere]

I turned down work with a tobacco manufacturer. But was quite happy to work for a manufacturer of attack helicopters. Mainly because my family would disown me for the former, but not the latter. But generally, I'll take anyone's money. If they're ethically dodgy, then the more money I take off them, the better, surely?

[Scrag Meister]

Was speaking to an agent the other day. The role looked good but rejected for two reasons. Firstly it was a permie role but also rejected it as it was for one of those pay day loan companies that I can't stand ... online loan sharks

Has anyone else rejected a contract because of the company's product before out of interest?

I've never had this predicament.

Your conscience is clear and someone else gets the money. Your call.

[pmeswani]

Was speaking to an agent the other day. The role looked good but rejected for two reasons. Firstly it was a permie role but also rejected it as it was for one of those pay day loan companies that I can't stand ... online loan sharks

Has anyone else rejected a contract because of the company's product before out of interest?

I take it you wouldn't work for an Investment Bank, a Hedge Fund or AWE. After all, what they do can be deemed as unethical.

[redgiant]

I take it you wouldn't work for an Investment Bank, a Hedge Fund or AWE. After all, what they do can be deemed as unethical.

My current clientco is a city IB and I've worked for an online betting exchange in the past as well but IMO I don't think gambling is unethical and I don't have problems working for such clients.

However lending money at outragous APR %s for short periods and whos business model relies on around 40% of its customers not paying ontime is just plain wrong. When you're gambling you can loose your stake and that's it, however with their huge APRs they charge the debtor can end up paying back huge sums of money far in excess of their orginal loan value in a short space of time. It's not just gambling it's reckless lending that is by in large unregulated.

[redgiant]

No, but I wished I had. WONGA ?

Its name rhymes with a certain fictional chocolatier

[psychocandy]

I'd love a contract in the online porn industry, just think of the minge benefits....

Yeh, I'd "snatch" up a contract like that!

[blacjac]

Nothing if you write the same % APR into the contract for late-payment penalties.

We all have moral limits. Who'd want to design & build a website for, say, Gary Glitter?

have you actually stopped to consider the figures?


Borrowing £1 for 1 month, paying back £2 is an APR of 409500% (Loan APR Calculator. Calculate APR from loan amount, repayments and term)


Its not that they charge extortioante amounts of interest, its that the government forces them to display an annual percentage rate for a 1 month loan!

[craig1]

I routinely reject contracts based on my ethical principles. It hasn't affected my billing rate or resulted in me being on the bench.

The good thing about being a contractor is that I get to pick who I want to work with and for.