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You are better off renting now

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    #51
    wage inflation has been next to zero for the last 10-15 years?
    Well, it's been stagnant for me for the last 3 years.

    6 renewals in that period and each time I ask, I'm told the client only do a fixed rate for their contractors.

    Spoken to the other contractors and they are in the same boat as well, with no rate rises across the board.

    Still, at least we are holding our daily rates, unlike the permies.

    All the permie jobs have been regraded, with an average salary decrease of 7% (although a rise at the board level).
    Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

    C.S. Lewis

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