Large Scottish bank

[riffpie]

Find a new gig and then give these guys notice of termination when it's sorted. It'll serve them right.

+1

I fail to see what "fairness" has to do with the business agreement between my company and ClientCo. What rate they give others is no concern of mine. Yes, that also stands if it turns out everyone else is on a higher rate than me.

[eek]

+1

I fail to see what "fairness" has to do with the business agreement between my company and ClientCo. What rate they give others is no concern of mine. Yes, that also stands if it turns out everyone else is on a higher rate than me.

+2

Fairness is nowt to do with anything. My reaction would be that's a pity as I was looking forward to working with you, shame things changed...

[TestMangler]

They confirmed my offer for 12 months on 16th April after 51 days of waiting to get the work order approved. My credit checks were completed on 17th, past two years reference checks are completed today morning and now the agency called in one hour back with the bad news that the team I am joining where everybody is contractor and all of them got a rate reduction of 10% last Thursday so hiring manager wants 10% rate reduction for me as well, otherwise it is unfair to rest of the team according to them. Now I already put notice to my current contract (where the rate was same as previously agreed rate of the Bank) and I've to accept the rate reduction hoping would not happen again. My rate is still decent one but would probably have to walk out if it happen again in next 12 months.

And there is the problem. Beautifully f**king illustrated (Copyright, SickBoy in Trainspotting).

Take a violent fingering on your rate once, you'll do it again. They know that. If they do it to you again, you won't leave. You'll whine on here. Under those circumstances, you are getting the rate (cut) you deserve.

Maybe you should have called back today morning and told the agent to ram his rate cut up his arse.

[molsang]

And there is the problem. Beautifully f**king illustrated (Copyright, SickBoy in Trainspotting).

Take a violent fingering on your rate once, you'll do it again. They know that. If they do it to you again, you won't leave. You'll whine on here. Under those circumstances, you are getting the rate (cut) you deserve.

Maybe you should have called back today morning and told the agent to ram his rate cut up his arse.

I will not definitely accept it again...its not the question of what rate I deserve. I was on 16% higher rate last year with a big retail chain. But since I finished them in September, I'd done two short term three months contracts in similar higher rate. I am accepting the Bank contract since its for one year and I can potentially move from one role to another if I do good job there (which I will definitely do). The agency is confirming that they will raise the question of rate evaluation and return to originally agreed rate after six months (may be just a promise but I have to believe that). I am accepting the rate reduction because I want the Bank in my CV for potentially long term. In my area of technology the role is also quite complex...

[riffpie]

The agency is confirming that they will raise the question of rate evaluation and return to originally agreed rate after six months (may be just a promise but I have to believe that)

On the contrary, you most assuredly should NOT believe that. Never, ever, ever in this game, take someone's word for something. Of course the agency has "confirmed" this. Doesn't mean they're going to. I'd put money on them not, in fact.

[Underscore Pt2]

Ive never accepted a rate cut in my life and I'm not starting now. They can ram it. Plenty other roles out there, shame i'm hearing that so many are accepting as "what can we do" "WE" are 85% of the tech workforce. Without us they are broken.

[Underscore Pt2]

On the contrary, you most assuredly should NOT believe that. Never, ever, ever in this game, take someone's word for something. Of course the agency has "confirmed" this. Doesn't mean they're going to. I'd put money on them not, in fact.

Exactly - i can assure you there will be NO increases this year.

[molsang]

Ive never accepted a rate cut in my life and I'm not starting now. They can ram it. Plenty other roles out there, shame i'm hearing that so many are accepting as "what can we do" "WE" are 85% of the tech workforce. Without us they are broken.

In my area not many potential long term roles are out there, its quite complex and require plenty of cash to implement it. Only few big banks, retail and telecom trying or have implemented in UK. Only other place where there are plenty of roles is in America but I was in America and there permi is better off than contractors, contractors are agency full-time there. So I don't have much options left...in my current contract there is pressure to accept permanent role..

[TykeMerc]

On the contrary, you most assuredly should NOT believe that. Never, ever, ever in this game, take someone's word for something. Of course the agency has "confirmed" this. Doesn't mean they're going to. I'd put money on them not, in fact.

That's pretty much nailed the truth of the matter in one paragraph.

[riffpie]

In my area not many potential long term roles are out there, its quite complex and require plenty of cash to implement it. Only few big banks, retail and telecom trying or have implemented in UK. Only other place where there are plenty of roles is in America but I was in America and there permi is better off than contractors, contractors are agency full-time there. So I don't have much options left...in my current contract there is pressure to accept permanent role..

What's so great about long term contracts anyway? Sounds like something an agency would spin you.