Rate Auction?

[kingcook]

Erm... isn't this the peopleperhour et al model?

Almost... they pay peanuts, not real money.

[Pondlife]

This model only works if you're a football star or a celeb. That is, the agent works for you and represents you.

In the contractor model the agent works for the client to find the required "talent"

[northernladuk]

Almost... they pay peanuts, not real money.

Which kinda speaks volumes about the whole idea..

[AndyGB]

I've just been put forward for a role with Experis/CapGemini and they use a dutch auction of sorts. I agreed with the agent the rate I wanted to be put forward at, but also had to register a 'bid' on a website. But that had to be lower than any existing bid, luckily there was only one other bid, which was the same as my rate, so I put it in at just £1 lower.

Also sent a note to the agency to point out that my expected rate was the bid rate + £1 !

[snarfblat]

The how low can you go game just cheapens the entire process. We aren't printers, desks, cucumbers, or coffee machines.

You know those freelance sites that start off a decent rate and the next day you see bids from other countries for ridiculous amounts like $1USD an hour or less. Why bother.

[cojak]

Rate Auction?

I know what I'm worth. They pay it or they don't.

[kingcook]

I've just been put forward for a role with Experis/CapGemini and they use a dutch auction of sorts. I agreed with the agent the rate I wanted to be put forward at, but also had to register a 'bid' on a website. But that had to be lower than any existing bid, luckily there was only one other bid, which was the same as my rate, so I put it in at just £1 lower.

Also sent a note to the agency to point out that my expected rate was the bid rate + £1 !

We should all make a pact here and now to put a stop to this tulipe.

Everyone bid as low as possible, and fail to turn up on day 1

[TheFaQQer]

I know what I'm worth. They pay it or they don't.

Sometimes there's a big difference between what people are actually worth, what people think they are worth, and what the client thinks they are worth.

Only once have I been bartered down on price - I knocked £10 a day off to land a gig for a year, and to get me below an approval threshold. This gig, the team lead told me the maximum that they could authorise without needing to get board level approval, so we agreed on that

[AndyGB]

Just an update - got the contract at bid + £1 rate

[BolshieBastard]

Just an update - got the contract at bid + £1 rate

Well done. But I wont work for £151 a day