Lloyds Banking Group Contract Roles

[portseven]

Sorry, I did mean IT techies.



I work in a fairly niche area. Market rate to a contractor is normally 500 / day - a rate I and most I know are happy with.

Wipro's "winning bid" for a job needing about 20 resources was 600 / day. They went to the market hoping for 300 / day contractors and offered Computer People a 9% markup ( they got a few substandard ones for 350 ). The eventual breakdown was:

Lloyds paid £600
Wipro pocketed £219
Computer People receive £381
Contractor got £350

Impossible to understand why Lloyds didn't just pay Computer People £600 and let the contractor end up with the market rate of £500! That is, until you realize Wipro had a dozen or so offshore resources Lloyds were paying Wipro £325 for ( and getting a small bag of peanuts ). Management had no idea almost nothing was being produced offshore and somehow didn't care.

The trick is to go direct via Bob, doing that at the moment and quite happy with rate, though know they will want to have the "permie or leave" conversation at some point, though my relationship with client is longer than my relationship with Bob so hoping that gives me some leverage.

That aside there is loads of work here at the moment, projects are being quoted a 4-6 lead time on resources.

[Big Dawg]

In reply to one of the questions why would I want to go to lloyds?

I was in a role at RBS as a SAS Business/Data Analyst but got the chop there when they made mass cuts last year. Was off out of work for about a year, and got a contract with a utilities/construction company but Im not enjoying it at all. I took it just to stop the clock on the gap on my CV. It pays close to my RBS rate.

Up until this new gig I've almost 100% worked for premier banking clients. I am getting on a bit, so want something that will potential keep me employed for at least 2 years or so, hence Lloyds.

Thanks for all your replies, very insightful.

[TestMangler]

In reply to one of the questions why would I want to go to lloyds?

I was in a role at RBS as a SAS Business/Data Analyst but got the chop there when they made mass cuts last year. Was off out of work for about a year, and got a contract with a utilities/construction company but Im not enjoying it at all. I took it just to stop the clock on the gap on my CV. It pays close to my RBS rate.

Up until this new gig I've almost 100% worked for premier banking clients. I am getting on a bit, so want something that will potential keep me employed for at least 2 years or so, hence Lloyds.

Thanks for all your replies, very insightful.

Based where ? West Yorkieland or Edinburgh ?

[Big Dawg]

Based where ? West Yorkieland or Edinburgh ?

I am based in London mate.

the RBS role was based in the City

[flipFlop]

That was made up but I've seen far worse if you remove Wipro and insert Accenture instead.

Your figures were near-enough exact.

[Big Dawg]

Sorry may appear a bit of a silly question - When you guys say Bob and Bobland, what do you mean by that?

Thanks.

[Anonimouse]

My friend has just gone back there last week through coal. I was there through computer people (2 years) last time.

[kingcook]

Sorry may appear a bit of a silly question - When you guys say Bob and Bobland, what do you mean by that?

Thanks.

Introducing Bob Shawadiwadi - YouTube

[ELBBUBKUNPS]

Uk / European banks seem alot less relaxed then US banks, now at a US bank and probably the most stressful job I've ever had, plus I went permy as well

[quackhandle]

Computer People ( mentioned above ) supplies contractors through Wipro.

CP and Wipro? Jesus, shafted from both sides!

qh