Always worth getting a name of someone in payroll, but careful to no over call/email them.
qh
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Reply to: Contracting without an agency
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Previously on "Contracting without an agency"
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Originally posted by NotAllThere View PostLtd, surely?
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Originally posted by zerointeractive View PostHi fellows,
just got my first contract with my PLC...
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Originally posted by zerointeractive View PostThis was one of my doubts because invoicing with my own company may let me look like I am an employee although I am the one doing all the work (invoice included).
How would you differentiate in this case ? Working extra hours ? ...may not be the best option tough.
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Originally posted by TheFaQQer View PostMake sure the client don't see you as a permie, which may be more likely if there is no agency in the mix.
How would you differentiate in this case ? Working extra hours ? ...may not be the best option tough.
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Originally posted by zerointeractive View PostHi fellows,
just got my first contract with my PLC and a big insurance company without passing through an agency/recruiter.
The offer is for a Project Manager and I negiotiated a very good rate.
Have you got any experience of direct contracting? Any advice to share?
Thanks,
Zz
Make sure the client don't see you as a permie, which may be more likely if there is no agency in the mix.
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Originally posted by CheeseSlice View PostThe risk is that as you've negotiated a rate already, and if you then need to go through one of their agencies, whilst you can impose a low percentage for them, you will ultimately sacrifice some of the rate to make it worth their while.
It's all down to negotiation though.
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Originally posted by zerointeractive View PostI have already signed the contract and payment terms are 30 days. The company prides itself by punctual payments. Will see...
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I have already signed the contract and payment terms are 30 days. The company prides itself by punctual payments. Will see...
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If its a big place, you need to be sure that they can go direct. If they've done it before then fine, but I once had a situation where the clientco contact wanted me direct, but then found out he couldn't do it that way.
Large companies often have policies where they can only source through preferred suppliers and agencies. The risk is that as you've negotiated a rate already, and if you then need to go through one of their agencies, whilst you can impose a low percentage for them, you will ultimately sacrifice some of the rate to make it worth their while.
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There are many advantages of working directly, but good payment terms and prompt payment are typically not included, so be prepared to chase payments and (although it's probably too late now) focus on negotiating favorable payment terms. In my experience, 30 days (followed by chasing) is typically the best you can expect, and it's sometimes much worse. I see you mention that the client is a large insurer, but you should ordinarily credit check the client too.
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Contracting without an agency
Hi fellows,
just got my first contract with my PLC and a big insurance company without passing through an agency/recruiter.
The offer is for a Project Manager and I negiotiated a very good rate.
Have you got any experience of direct contracting? Any advice to share?
Thanks,
ZzTags: None
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