Aviva Contractor Shake-Up - All Out Within 60 Days + Rate Cut of 10%

[Flubster]

If the OP had a hole in his arse he would have fought the cut as best he could first before mailing off no but I just couldn't be bothered pointing that out as he seems to have made his decision. You want to be trolling the OP not me.

Again, you're making assumptions. There had been discussion on a rate rise from me before the rate cut was dictated. I'd already achieved a 'nominal' rate increase. The 10% rate cut is non-negotiable despite discussion between myself and agent and myself and end-client.

[northernladuk]

So next time you go to McDonalds and they have added 10p onto their Big Macs do you expect the counter staff to give a business case and justify the rise?

Not sure what happens at your place of work has anything to do with this but there you go.

Get a coffee, take 10 mins and get back in to General. They are missing you.

[eek]

get back in to General. They are missing you.

No we're not.

As for the case in hand a non negotiable 10% cut only works if people have nowhere else to go. In 2008 that was the case but is that really the case in the current market?

[Scrag Meister]

Having had a couple of cuts in my rates in the last 5 years, my view on this is

100%-cut% > 100% of nothing

Take the cut and start lookin for a replacement at an acceptable rate.

[Wanderer]

100%-cut% > 100% of nothing

Take the cut and start lookin for a replacement at an acceptable rate.

True enough, so long as you actually do get angry enough to ditch the contract and get a new one rather than just staying in the job like a boiled frog...

[psychocandy]

True enough, so long as you actually do get angry enough to ditch the contract and get a new one rather than just staying in the job like a boiled frog...

But clients like this are most likely not going to say, ok then fair does, because we've shafted you on the rate, we'll go for the reduced notice period so you can find something else.

A lot of clients want it all their own way and will expect rate cut and give nothing in return...

[SueEllen]

A lot of clients want it all their own way and will expect rate cut and give nothing in return...

Let the client have it there way without you.

While their accountants think it's a good idea to cut staffing rates, when the actual client managers spend 6 weeks interviewing your replacement then have to walk that contractor of site and the project is delivered later, they will have learnt a lesson.

[stevejohnson]

While I agree with a lot of your comments, I think any contractor is entitled to be annoyed if his rate is cut from the agreed one. I wonder why the clients just don't wait till renewals and then offer the revised rate, how much are they actually saving by forcing this on contractors. It would make me wary of working for them again as it would many excellent professionals.

take it or leave it *****

[snacklet]

Email from Hyphen and response

Here is the email:

*
Dear Contractor
*
Re: Solutions Delivery (SDRR) - 10% Rate Reduction
*
As you are aware, Aviva have recently undergone a global transformation project, Simplify. The key objective of this project was to release efficiencies, realise greater optimisation across our business and deliver significant cost savings. *In harmony with this objective and underpinned by volatile market factors we have been instructed by Aviva that a rate cut will be applied to your current rate.
*
The rate cut will be a 10% reduction in your current day rate and any overtime payments that are driven from your base rate. Changes to pay rates will be effective from 1 January 2013.
*
Please take this email as notification that your official notice period of your current contractual terms will commence on*17 December 2012
*and therefore your current contractual terms will terminate on*31 December 2012
.*
*
Please confirm acceptance of the above terms by typing Accept/Reject in the email Subject header, by no later than17:00*
on Friday 14*December 2012.* You will then receive an amended contract letter via the contractor portal, confirming your revised rate.
*
It is essential that you accept the amendments within 24 hours of receipt via the contractor portal, in order to ensure continued payment.
*
Acceptance of the above shall be deemed as formal acceptance of the variation under the terms of the Assignment. Should we not hear from you by this date, then your contract shall terminate on 31st*December 2012.
*
Should you wish to speak to a member of the hyphen recruitment team, please reply to this email with the best number to contact you on?
*
This adjustment is not a reflection of the quality or value of your contribution to the business, but a part of Aviva’s wider response and focus on cost management and current market events
*
*
Regards
*
hyphen recruitment outsourcing
*
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And my response:
<mod snaip: I've removed this snacket as you would be easily identified if anyone in Hyphen read this.

Feel free to re-post if you don't care >
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I heard it is just solutions delivery contractors in the first round of cuts.

[portseven]

A nil response will result in contracts being terminated from 31/12/2012. My 'No' response was sent within 30secs of my receiving the email.

Now is when you see how you are valued by the team you are working with, I did this last year at my last contract, within a week I had 2 alternate offers in my hand and a then I got a call from the head of the department saying he had managed to get an exception for me.