Agency Taking Large Percentage of Daily Rate

**MyUserName** · 26 October 2012, 09:51

Never mind their percentage, are you happy with your rate?

If not, negotiate.
If you are then carry on.

**Antman** · 26 October 2012, 09:52

Yes, it's acceptable, your agent wants the sports trim on his A3 on order, how's he going to get it unless you let him?

**northernladuk** · 26 October 2012, 10:17

The question you should ask is should I only be taking 64% of his rate. He gets the money from the client and then between you decide what you should get, not the other way around.

Taking 36% of your day rate would indicate you agree a price and then he takes 36%.

Sounds about right from what I read IMO.

**psychocandy** · 26 October 2012, 10:36

Tescos charged me £2 for a box of Weetabix the other day. Is this legal?

They shouldn't be allowed to make a profit off me. And someone dragged me into the store and made me buy the Weetabix too. Scandalous.

**speling bee** · 26 October 2012, 10:44

Originally posted by psychocandy View Post

Tescos charged me £2 for a box of Weetabix the other day. Is this legal?

They shouldn't be allowed to make a profit off me. And someone dragged me into the store and made me buy the Weetabix too. Scandalous.

What size box?

**moggy** · 26 October 2012, 11:46

Originally posted by speling bee View Post

What size box?

it had a sneaky 10% cut in size without telling anyone...

**Brussels Slumdog** · 26 October 2012, 11:56

Now you know what you are worth

Originally posted by Scrat View Post

Hi all,
Is it acceptable for an agency to take 36% of my daily rate ... ?
Thoughts welcome please
Regards

Now you know that you are worth about 20% more than than what you quoted as a daily rate to provide your services. If you are a UK EU citizen then better luck next time. If you are a non EU citizen then that is why they are exploiting you

**lukemg** · 26 October 2012, 13:59

You are getting f***ed over.
Anything over 20% is taking the piss, anything under 10% is excellent.
At next renewal - I would ask for enough to reduce this to 15%, I wouldnt try to justify or explain.
Then the games can begin...

**Wanderer** · 26 October 2012, 14:34

Originally posted by lukemg View Post

You are getting f***ed over.
Anything over 20% is taking the piss, anything under 10% is excellent.
At next renewal - I would ask for enough to reduce this to 15%, I wouldnt try to justify or explain.

Agree with that. The agent can do business however they like but in my opinion, 36% is far too much and it is not acceptable from a client or contractor point of view.

Get your business hat on and start negotiating a better deal or find a new job.

Agency Taking Large Percentage of Daily Rate