market

[GB9]

'Excellent market rate'. Hmmmmmmm.

[quackhandle]

'Excellent market rate'. Hmmmmmmm.

That one does make me laugh. 'And which "market" is this then? Camden?'

qh

[BolshieBastard]

'Excellent market rate'. Hmmmmmmm.

That one does make me laugh. 'And which "market" is this then? Camden?'

qh

LOL!

'Competitive' is my favourite. That means it's piss poor and barely over 100 a day.

[hgllgh]

Im seeing lots of jobs advertised for BA's which would indicate the market in this specialism is bouyant. That doesnt mean the market has definitely picked up though. As for NHS BA's, I've seen many at £150 - 200 a day which is well below sector average.

There are lots of jobs in London and the SE. Im getting calls for jobs in Dublin, Singapore and Hong Kong but they are locations I do not want to do (my choice).

I'd say 2/3rds of the country is pretty stagnant. Jobswerve seems to be showing a significant difference between permie and contract roles advertised with permie being the majority. I'd say many sectors are in a downturn. Yesterday I spoke to an agency and the guy said many of their clients are just not recruiting and those that are, are taking on permies. He said he hadnt seen anything like it in the last 3 or 4 years. Happily, he's putting me forward for a role but the rate is 60 quid down on my usual.

EDIT: Oh and he did say he'd had 60 applications for this role!

Does seem to be a bit of a consensus that the market is quiet regardless of it being February.
We are in a double dip recession and that must knock business owner confidence = less projects = less contractors. Just going from Jobserve it looks like Banking is doing OK ... they probably made most of their job cuts by now ... and they have first tabs on the "wall of money" being created out of thin air by central banks around the world (Fed/BoE/BoJ/ECB etc etc) ... in fact their money printing policies are so aggressive that I would expect there to be a mini boom in contracting over the next few years. The amount of inflation that all leads to is another question

[Bluenose]

There have been a couple of articles in the evening standards business section regarding city recruitment firms.

Contract placements in London financial services are down around 15-25% on last year which, was a poor year anyway.

I know of a 5% rate cut at one bank, I won't say which, others will probably follow suit.

[SandyD]

I know of a 5% rate cut at one bank, I won't say which, others will probably follow suit.

Why can't you say ?

[BolshieBastard]

Oh the market is fine, lookie here,

500 a day for a manual tester

Yeah, ok!

[northernladuk]

I know of a 5% rate cut at one bank, I won't say which, others will probably follow suit.

Not really news this. Barclays cuts rates on an almost yearly basis.

[ELBBUBKUNPS]

There have been a couple of articles in the evening standards business section regarding city recruitment firms.

Contract placements in London financial services are down around 15-25% on last year which, was a poor year anyway.

I know of a 5% rate cut at one bank, I won't say which, others will probably follow suit.

Its RBS that did a 5% cut this week, got a mate there.

[The Spartan]

Its RBS that did a 5% cut this week, got a mate there.

Not a surprise after the loss they just announced I'm surprised it was only 5%, but then again I believe that the sale of branches to Santander broke down due to problems integrating banking systems