Are Contractors Overpaid

[wantacontract]

Joey, how much do you think gladiators were paid?

They were doing it for their freedom!

, i like that......made me chuckle...

[Pondlife]

I only get paid the minimum wage

Lucky bugger. I have to ask the Co Sec for pocket money.

[MPwannadecentincome]

I only get paid the minimum wage

not getting dividends on top then?

[Spacecadet]

not getting dividends on top then?

Part of my income is from dividends

[Andy2]

I think joey is getting overpaid
£500/day in this market

[Jeebo72]

So after six months contracting I still dont get why contractors are paid the money they are

Seriously where else in the UK can you open up a sham Ltd and start invoicing £500 a day + VAT - I just dont know

And what amazes me more then anything is that contractors are NOT 'experts' in their fields - Sure they get stuff done and can follow orders but is nt that also what a grad fresh out of college can do??

I might seriously be naive but can anyone RATIONALISE and justify why contractors get the rate they ask for (and how senior IT management dont look at the numbers and fall off their chairs)

Yip, great init. I made 550 a day last year for 6 months and did nothing more that write a few SQL statements... those were the days ...

[BlasterBates]

There is a wise old project managers saying in contractor circles:

You can overpay some contractors all of the time, or you can overpay all the contractors some of the time, but you can't overpay all the contractors all of the time.