5 days into contract, rate cut!

[TheFaQQer]

I read this completely differently. Demand should be demand by the client, and supply the supply of services. But I expect you're right and the OP means that demand for gigs outstrips supply of gigs. Funny way of looking at it.

Maybe you're right and I read it wrong. I can't believe that there are more JavaScript roles than there are developers - I thought every computer science course in the world was churning them out these days.

[Bunk]

Maybe you're right and I read it wrong. I can't believe that there are more JavaScript roles than there are developers - I thought every computer science course in the world was churning them out these days.

True, but there are a lot of JS roles out there at the moment, and it's an area where skill level varies immensely.

[wonderboy]

Therein lies the rub. Particularly this early in the contract, there's plenty of other people they could find who would take that 10% cut (and maybe still find themselves vulnerable to another cut soon).

I meant the opposite. Solid JavaScript developers are like hens' teeth. Sure, everyone thinks they know Javascript, but that doesn't make it true. And more JavaScript is being used in more companies in more complex ways, making for strong demand.

[TheFaQQer]

I meant the opposite. Solid JavaScript developers are like hens' teeth. Sure, everyone thinks they know Javascript, but that doesn't make it true. And more JavaScript is being used in more companies in more complex ways, making for strong demand.

If you can't be replaced, then why would you consider taking a rate cut?

[wonderboy]

If you can't be replaced, then why would you consider taking a rate cut?

Everyone can be replaced. That's not news.

The question is, do senior management in large banks take any notice when middle management reports that hiring developers with a specific skill for a strategic project is tough and losing team members to a blanket 10% rate cut is even tougher?

Is senior management typically so far removed from the day to day activities of an organisation that it is futile to attempt any kind of negotiation?

I suspect the blanket cut is not actually a blanket and that managers concerns will be listened to - but a blanket rate cut seems like such a draconian and counter productive action (from a morale perspective at the very least!) that it has me wondering.

[sal]

I suspect the blanket cut is not actually a blanket and that managers concerns will be listened to - but a blanket rate cut seems like such a draconian and counter productive action (from a morale perspective at the very least!) that it has me wondering.

One word - Beancounters

[BlasterBates]

In a bank the PM's are constantly trying to make their team bigger, and the only thing that stops an inevitable growth to an infinitely big team is a spending cap or a budget cut.

Think of it like having to hoover up from time to time.

[sirja]

As a contractor you are a business, so try and think like a business and keep emotion to a minimum. Simple question can your business get a better deal elsewhere in a short period of time? If yes, then walk, if no then suck it up and stay. Simples

[Underscore Pt2]

As a contractor you are a business, so try and think like a business and keep emotion to a minimum. Simple question can your business get a better deal elsewhere in a short period of time? If yes, then walk, if no then suck it up and stay. Simples

The problem is so many contactors dont think like businesses otherwise Banks etc wouldnt get away with this... do you think they change IBMs or Accentures contract mid way through??

[northernladuk]

The problem is so many contactors dont think like businesses otherwise Banks etc wouldnt get away with this... do you think they change IBMs or Accentures contract mid way through??

But they do. Maybe not a cut out of the blue or a change midway through but a lot of clients push for a year on year reduction in the cost of the service from big companies like this. I know my last clients did and the year on year target was more than 10% so they do push the big guys for cuts, even more regularly than contractors.