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Agency Taking Large Percentage of Daily Rate

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    #31
    Originally posted by kingcook View Post
    I'm on your side here, but all my contracts (and most others I bet) usually have some clause stating that MyCo and ClientCo must not discuss rates. I am wondering if this is legal?

    What would happen if MyCo/Client openly discussed rates and the agent found out?
    What does it say in the contract? If it doesn't say what might happen, then it's all mouth and no teeth. If it says that the contract can be terminated, that does tend to bite the agent as well as the contractor, so it may not happen.

    BTW, EDS had a rule making it a sackable offence for their permies, and they actually did it. The sting in that was that their contracts specified that they had to repay training costs if fired: and guess what, it transpired that their work experience so far was classed as internal training billed at $25000.
    Job motivation: how the powerful steal from the stupid.

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      #32
      Originally posted by Ignis Fatuus View Post
      What does it say in the contract? If it doesn't say what might happen, then it's all mouth and no teeth. If it says that the contract can be terminated, that does tend to bite the agent as well as the contractor, so it may not happen.

      BTW, EDS had a rule making it a sackable offence for their permies, and they actually did it. The sting in that was that their contracts specified that they had to repay training costs if fired: and guess what, it transpired that their work experience so far was classed as internal training billed at $25000.
      Surely though they'd have zero chance of getting that to stick in a court of law though?
      Rhyddid i lofnod psychocandy!!!!

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        #33
        Originally posted by psychocandy View Post
        Surely though they'd have zero chance of getting that to stick in a court of law though?
        Why?
        Job motivation: how the powerful steal from the stupid.

        Comment


          #34
          Originally posted by mos View Post
          mine is taking only 8%
          The question is are you getting more or less than the contractor who is through an agency taking 36%?
          Let us not forget EU open doors immigration benefits IT contractors more than anyone

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            #35
            Originally posted by Ignis Fatuus View Post
            What does it say in the contract? If it doesn't say what might happen, then it's all mouth and no teeth. If it says that the contract can be terminated, that does tend to bite the agent as well as the contractor, so it may not happen.
            It says:

            These Terms are confidential. Details to do with remuneration, expenses, client identity, charge and pay rates or other information related to these Terms or the Assignment, are not to be disclosed to any third party by the Contractor without the express permission of ReThink in writing.
            Contracting: more of the money, less of the sh1t

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              #36
              Originally posted by kingcook View Post
              It says:

              These Terms are confidential. Details to do with remuneration, expenses, client identity, charge and pay rates or other information related to these Terms or the Assignment, are not to be disclosed to any third party by the Contractor without the express permission of ReThink in writing.
              So you can't tell your missus who you're working for? That would lead to domestic unhappiness in this house.
              The material prosperity of a nation is not an abiding possession; the deeds of its people are.

              George Frederic Watts

              http://en.wikipedia.org/wiki/Postman's_Park

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                #37
                Originally posted by speling bee View Post
                So you can't tell your missus who you're working for? That would lead to domestic unhappiness in this house.
                Or the accountant, or QDOS for contract review.....

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                  #38
                  Originally posted by stek View Post
                  Or the accountant, or QDOS for contract review.....
                  Or your client's clients.
                  The material prosperity of a nation is not an abiding possession; the deeds of its people are.

                  George Frederic Watts

                  http://en.wikipedia.org/wiki/Postman's_Park

                  Comment


                    #39
                    Originally posted by speling bee View Post
                    Or your client's clients.
                    Or your client's client's client.

                    Comment


                      #40
                      Originally posted by stek View Post
                      Or your client's client's client.
                      Or indeed your client.

                      Day 1.
                      Reception: Can I help?
                      You: Yes, I cannot contractually say whether I work here or not.
                      The material prosperity of a nation is not an abiding possession; the deeds of its people are.

                      George Frederic Watts

                      http://en.wikipedia.org/wiki/Postman's_Park

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