Lloyds show their IR35 hand.....

[jds 1981]

What level are they going in at? That's almost graduate pay isn't it?

[wattaj]

Permie BA rates in Glasgow:
Barclays ~ £45k through £55k
Clydesdale ~ £40k through £45k; circa £50k for "Senior"
Lloyds ~ £45k
RBS ~ £35k through £40k
Scot. Gov. ~£25k through £28k... yup, you read that correctly.

Looks like to could be back to home-made corned-beef rolls for lunch for some next year.

[northernladuk]

Totally, I got it from contractors who work there... I said what's the point of working for a bank for that much money when you can make more working for public sector noddy job?

Where? London, NW, Scotland.
What role? PMO, PM, Service, senior manager?

Lloyd's 45k?

Lloyds Banking Group Project Management Salaries in London, England | Indeed.co.uk

[jds 1981]

Wow, that'll increase the tax take

[BlueSharp]

Wow, that'll increase the tax take

No more % for the recruitment firms, think about how that's going to affect cheap shinny suites and hair gel sales and PCP deals for hot hatches. Also less % take for the accountants out there. The only winners here are the consultancies.

[PCTNN]

Speaking of day rates/salaries equivalencies. Gig in the Public Sector paid £500-700 a day (inside ir35) had the equivalent permanent role advertised at £35k.

Seems like they keep posting the ad periodically but nobody applies and/or who applies don't have a quarter of the skills contractors have.

[pscont]

Speaking of day rates/salaries equivalencies. Gig in the Public Sector paid £500-700 a day (inside ir35) had the equivalent permanent role advertised at £35k.

Seems like they keep posting the ad periodically but nobody applies and/or who applies don't have a quarter of the skills contractors have.

Yep, seen this in PbS.
On the other hand permies in the PbS couldnt care less and dont give a feck about working. It is basically £35-40k for doing nothing.
Still even at £60k at banks I dont see how and who will be willing to switch to PAYE... What is going to happen is only the most desperate ones will do it only until they find an outside gig.
Banks will (hopefully) have a resource crisis.

[cojak]

Permie BA rates in Glasgow:
Barclays ~ £45k through £55k
Clydesdale ~ £40k through £45k; circa £50k for "Senior"
Lloyds ~ £45k
RBS ~ £35k through £40k
Scot. Gov. ~£25k through £28k... yup, you read that correctly.

Looks like to could be back to home-made corned-beef rolls for lunch for some next year.

Definitely the around the going rate for BA roles in the East Midlands (minus Barclays - that's a better rate).

[GhostofTarbera]

Definitely the around the going rate for BA roles in the East Midlands (minus Barclays - that's a better rate).

BA’s in my team at Lloyd’s were offered 92K base + bonus + car + benefits

London - payments

Guys on £850 a day as contractors


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[PCTNN]

Yep, seen this in PbS.
On the other hand permies in the PbS couldnt care less and dont give a feck about working. It is basically £35-40k for doing nothing.

True that. I've worked in more than one public sector organisation and I've never seen people working less than public servants. Salaries on the low side but they do nothing, have 15-20% company pension, and more often than not flexible working allowing them to work from home up to 2 days a week (at least at my current gig).

Banks will (hopefully) have a resource crisis.

Wipro and the likes will be all over it.