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RBS / ABN AMRO Contractor Rate Cut

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    #11
    Just spoke to my mates at ABN and RBOS and both have been asked to take a 10% rate cut, as it said it was take it or leave.

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      #12
      Originally posted by Advocate View Post
      The article only mentions RBS...
      RBS have swallowed ABN AMRO and the letter I received states contractors are affected at both banks (I work for the latter).

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        #13
        Banking seem to like doing this. It happened to me when working for Barclays in 2002. I was told to take a 20% cut or walk. So I said I'd walk. My manager ringfenced my contract and told me not to tell anyone, since it was highly exceptional. I stayed there another 18 months on my original rate.
        Cooking doesn't get tougher than this.

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          #14
          Originally posted by uncle_albert View Post
          RBS have swallowed ABN AMRO and the letter I received states contractors are affected at both banks (I work for the latter).
          Ditto, not heard a peep yet. It's not as clear cut as "RBS have swallowed ABN" though...
          B00med!

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            #15
            Originally posted by DimPrawn View Post
            If you've still got a thing for your mate you shouldn't have got married.

            HTH


            Careful, I'll set Lucy on to you...
            ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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              #16
              I was at RBOS up until 7-8 months ago, the area I was in out of 100 staff 90 were contractors they were 'totally' dependent on them. Talking to them today most say they are going to leave but I recon when it comes to it most will stay. Even some hardcore subject area gurus I know are having trouble getting gigs in the city at the moment. I'm digging in but I know Im out of here in October hopefully things will get better by then

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                #17
                Originally posted by Moscow Mule View Post


                Careful, I'll set Lucy on to you...
                And I told you where to get cheap booze!

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                  #18
                  so I should be happy with my 34% rate raise then ??
                  SA says;
                  Well you looked so stylish I thought you batted for the other camp - thats like the ultimate compliment!

                  I couldn't imagine you ever having a hair out of place!

                  n5gooner is awarded +5 Xeno Geek Points.
                  (whatever these are)

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                    #19
                    Originally posted by n5gooner View Post
                    so I should be happy with my 34% rate raise then ??
                    Yes you bastard, I only got a 14% rise a few weeks back.

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                      #20
                      I got a 20% increase in daily rate when I left RBOS

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