Forced pay-cut :D

[SlipTheJab]

To the OP remember to reduce productivity in line with the rate cut, apply this to all activities, take 15% longer to make a coffee, take a dump, eat a sandwich (not necessarily in that order!)

[NotAllThere]

...
a) Stay with them till the end of my contract. I guess this is being professional,...

If they are imposing a pay cut, then quitting is not unprofessional. They've material changed the contract conditions - it's your choice to accept or reject.

[Unix]

I would do a) but do 15% less work. leave earlier every day etc, they will get the point. #passiveagressivestyle

[LondonManc]

I would do a) but do 15% less work. leave earlier etc, they will get the point. #passiveagressivestyle

A good option, especially if you're prepared to walk anyway.

[tarbera]

Who is the client ? It's hardly a secret is it?

[SlipTheJab]

When this happened to me many moons ago as a contractor in banking (10% cut) I told them to shove it, my PM had a quiet word and told me to book an extra hour (this was back in the day when hourly rates were much more prevelant) overtime a day and he would sign it off to keep me there

[GJABS]

When this happened to me many moons ago as a contractor in banking (10% cut) I told them to shove it, my PM had a quiet word and told me to book an extra hour (this was back in the day when hourly rates were much more prevelant) overtime a day and he would sign it off to keep me there

Same here.
Then 3 months later, senior management cut rates for a second time. I left.

BTW notice you and I both have "jab" in their names. Is this allowed?
Perhaps this means I must challenge you to a duel..

[ELBBUBKUNPS]

Contract or perm finance sector not what used it to be % wise contractors gets cuts, permy no rises and bonuses are sh*t. After 16 years in the sector I'm looking else were.

[SlipTheJab]

Same here.
Then 3 months later, senior management cut rates for a second time. I left.

BTW notice you and I both have "jab" in their names. Is this allowed?
Perhaps this means I must challenge you to a duel..

Just remember to slip when I try to stick one on you!

[psychocandy]

OP - you're worrying way too much about how your CV will look. Your next client won't know your previous rate, they won't care too much about 3 months off.

End of the day do what you want now. If you fancy staying at client and taking cut - do it. If you fancy your chances getting a new gig - do that. If you fancy a few months off - do that - clients has given you an out.