Originally posted by Ivor Bigun
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Rate Cut Rumours...
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10% cut imposed by client last week on a 'take it or leave in a month basis'. better than a 100% cut though.Comment
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Originally posted by Xenophon View PostShould this rumour turn out to be true and I am faced with the decision of working for less money vs. walking away, I have a question:Comment
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I took a 10% cut 6 weeks ago but only 3 months left to run on gig. To be honest I was fine with it and just cut my work effort to reflect the rate cut. Have some £ comming in is better than sitting on your a*rse waiting for the next gig. If they offer me renewal here I would be willing to take another 10% cut to secure the 6months.Comment
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I got hit with a 15% cut and I told them to jump. Management were apparently shocked I said no, expected everyone to just take it.
I have been told by someone in HR off the record that all the finanicals in Edinburgh got together and agreed an across the board cut for all their the IT staff, try to stop people jumping ship for higher rates.
Anyway Plan B is looking v promising and I was going to leave anyway. It's a dull as dishwater job.Comment
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Originally posted by minestrone View PostI have been told by someone in HR off the record that all the finanicals in Edinburgh got together and agreed an across the board cut for all their the IT staff, try to stop people jumping ship for higher rates.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by Xenophon View Post5% cut.
But in these troubled times it could have been worse. Might be the best way to look at it?Comment
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Originally posted by cojak View PostSorry to hear this guys.
Ride it out and keep looking for that next contract...Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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my 2c
You are in business to maximise your profits. If you earn 400 a day and have expenses of 300, your profit is 100 per day.
A 5% cut to the rate will reduce your profit to £80 per day.
They aint giving you a 5% cut, it's a 20% cut.
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(>'.'<)
("")("") Born to Drink. Forced to WorkComment
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Originally posted by EternalOptimist View Postmy 2c
You are in business to maximise your profits. If you earn 400 a day and have expenses of 300, your profit is 100 per day.
A 5% cut to the rate will reduce your profit to £80 per day.
They aint giving you a 5% cut, it's a 20% cut.
Comment
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