(new to contracting) Contracting Hours

[John Doe]

And that, my friend, is why nobody here is a permie

You are now a business. If you are contracted to do 35 hrs, then you do 35 hrs. In reality you will do more sometimes when required, and less at other times. If you are constantly having to do more than 35 hrs, then they have offered the wrong contract, and should modify, with appropriate pro-rata increase.

And just in case you missed it - STOP THINKING LIKE A PERMIE. This company is not your career. they won't offer promotions and bonuses. You agree a deal, and deliver to it. The end.

Thank you. I have to change my mind set and start thinking like a contractor.

[scooterscot]

35 hours for a bank seems excessive.

Most of the contractors on here do 30-32.5 hours /6 to 6.5 hours per day. Sounds like they're taking the piss.

Yes, 32 hours on contract A

15 hours contract B

3 hours prospecting

50 hours week on average, then you're a contractor anything your still a permie.

[Lockhouse]

Dear All,

I have won a one year contract with a bank in London. The contract says that I will do 7 hours a day and 35 hours a week.

So now my question: When I was a perm I usually took maximum a 30 minutes lunch break if at all. So for the contract do I still come in at 9.00 and leave around 17.30 (i.e. do about 8 hours a day, but only charge 7 hours?).

Thx

JD

Serious answer - if it's investment banking, in general what it says on the contract means nothing. You'll be expected to put the hours in dependent on what everyone else does. You won't know for sure until you get your feet on the ground.