Originally posted by DodgyAgent
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Agency Profit Margins
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I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light. -
Originally posted by DodgyAgentI counter that the contractor model is the most effective and efficient way to employ someone, but some of you commit gross hypocrisy when you start whining about your lot.I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
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Originally posted by FranckoI wasn't whining - I just think that the margin should be clear to the client as he wants someone working at a reasonable rate that is not looking to jump out of the window at the next opportunity, neither the contractor would be happy to be sent back home just because the agent is charging 50%. It might be fine for both but at least they do know what they are up to. That's the way it works for permanent jobs, doesn't it? It should be applied to contracts too. And perhaps would make the EB sector more competitive, rather than in the hands of a few oligarchies like now, don't you think?
Put like that it is a reasonable argument, I am just deeply suspicious of politicians motivation with regards to setting legislation.Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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I see nothing wrong in exploting the stupid.What happens in General, stays in General.You know what they say about assumptions!Comment
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Back on subject...
SSS recently published their annual report for the period ending 30/11/2006 http://www.sthree.com/Report_Accounts2006.pdf
If I read it correctly:
> Overall gross margin: GBP 135.5m (34.5%)
> Profit on contractors: GBP 69.7m (21.3% gross margin)
> Average gross income per contractor/day: GBP 64.91
> Average permanent placement fee: GBP 8,563
This suggests the average SSS contractor is billed out at GBP 304.74 which is rather lower than I expected.
PadinkaI'm not so think as you drunk I am...Comment
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