Contracting Rates in the City

[BlasterBates]

I was wondering about moving from my low paid job to an exciting City bank or hedge fund, but I'm not sure that I could afford the rate cut.

[aussielong]

I was wondering about moving from my low paid job to an exciting City bank or hedge fund, but I'm not sure that I could afford the rate cut.

I work with a couple of late 30s long term contractors (10+ yrs) who have just come to Oz from London.

They are both planning on retiring in the next couple of years ... from the coin they've earned programming in the City.

You can't knock it. A lot of average bods have done very well out of it.

[BrilloPad]

I was wondering about moving from my low paid job to an exciting City bank or hedge fund, but I'm not sure that I could afford the rate cut.

Give it 5 years and it will be business as usual.....

[Liability]

Give it 5 years and it will be business as usual.....

Id say less than that - theres a heck of alot of behind the scence stuff going on right in around skills import and towing the line etc. which is good I guess

[Xenophon]

theres a heck of alot of behind the scence stuff going on right in around skills import and towing the line etc.

What the CUK does that mean?

[oracleslave]

What the CUK does that mean?

This implies you understood 'scence'. Please explain

[sasguru]

Demand, rates and salaries have gone up for certain skills at the top level e.g. credit risk analysis

[Xenophon]

This implies you understood 'scence'. Please explain

Heh.

Yeah - highlight that word too!

[YHB]

I was wondering about moving from my low paid job to an exciting City bank or hedge fund, but I'm not sure that I could afford the rate cut.

Not all are suffering, im paid very well by my Hedge Fund client who is regarded universally by analysts/media to have managed itself very well and will benefit from the closures of others

[ChimpMaster]

I work with a couple of late 30s long term contractors (10+ yrs) who have just come to Oz from London.

They are both planning on retiring in the next couple of years ... from the coin they've earned programming in the City.

You can't knock it. A lot of average bods have done very well out of it.

Sounds similar to me, except that I came to London from Greater London. Oh and I'm not late 30s, don't have 10+ years contracting experience and I haven't actually got retirement in view yet.

But I get your point.