Reply to: Contractor Notice period?

[LondonManc]

Thanks WordIsBond, Jbond007, LondonManc, MrMarkyMark & Kaiser78 - that's the approach I was going to take, and in this case I believe my client will be flexible. It's a permenant role on offer, coming from a short term contract that our team has been ahead of schedule on. I'm sure they'll be open to a conversation on the subject. There is no harm is asking.

As to the less polite and constructive faux Alphas here; I'll let you go back to your playground now to play with your balls. As you were gentlemen. <mod snip>

NLUK is a Yorkshire chap and as such, brutally honest. We also have people that just come on and post without searching, which really grinds his gears. Quite understandably I suppose.

Anyway, if they want to take you on a short term contract to perm, offer to keep the same perm start date if that suits them but shorten the short term contract.

[EMA]

This.

"I've given my word, and my contract finishes 24 December. That's eight business days after your project is scheduled to start. I can't leave my client in the lurch, just like I wouldn't do that to you once I'm in contract with you. So I'd like to take this, but I can't start until after Christmas.

As the project winds down, I'll ask if they could get by without me for the last eight days, and if they were agreeable I'd leave early and start here on the 14th. But if they need me to finish it out, I'll have to do that."

Thanks WordIsBond, Jbond007, LondonManc, MrMarkyMark & Kaiser78 - that's the approach I was going to take, and in this case I believe my client will be flexible. It's a permenant role on offer, coming from a short term contract that our team has been ahead of schedule on. I'm sure they'll be open to a conversation on the subject. There is no harm is asking.

As to the less polite and constructive faux Alphas here; I'll let you go back to your playground now to play with your balls. As you were gentlemen. <mod snip>

[MrMarkyMark]

Aw, has someone on the internet been a little rude to you, poor thing!!

How on earth do/will you cope working in IB's??

[jmo21]

Thanks again for the reasonable reply...'Mr Forum Personality of the year' was so very helpful, polite and constructive!

Aw, has someone on the internet been a little rude to you, poor thing!!

How on earth do/will you cope working in IB's??

[jbond007]

Good evening,

I really looking for some advice relating to notice periods that should be given.

I work at a City Bank as a limited company, through an employment agency, and was contracted to work from June 2015 until Dec 24th 2015. I have been approached by another company with a job offer that must begin by the 14th December. My contract has absolutely no entires relating to a termination notice period or resignation notice period. It merely states that my contract is 'Likely to end on 24th Dec 2015, but may be extended or a permenant role offered'.

I want to go forward with the new role at another city bank, if offered. But I have to start on the 14th Dec. Am I right in presuming that I can give 'reasonable notice' to my employer? It's only been a 6 month contract and I have only worked for this bank for this period. My payment cycle is weekly, after submitting hours worked to my agency. Would 1 month's notice suffice? Am I permitted to end a contract early with no 'notice period' mentioned in the contract? I assume that either party can cease the agreement at any time with 'reasonble' notice given....or am I missing something?

Any advice would be very much appreciated.

Many thanks & kind regards.

How well do you get on with the client manager ? You could have a word with him/her. If they're pragmatic and you can deliver what's been expected of you by 11th, they shouldn't have a problem. If it is a contractor heavy environment that you work in, you should probably have less of an issue

People move, businesses re-negotiate, deadlines change, requirements change, etc, etc - life goes on.

[MrMarkyMark]

This is a new one on me and I'd be extremely surprised if HR allowed any line manager to give a direct reference.

I've only known them being asked for confirmation of dates, at least on an official basis.

[Chuck]

This includes talking to the last responsible manager

This is a new one on me and I'd be extremely surprised if HR allowed any line manager to give a direct reference.

[northernladuk]

Im surprised you didnt cane them for using the words 'my employer'!

Good spot. Got tempted by the low hanging fruit and missed that one.

[LondonManc]

In movies you're six steps from Kevin Bacon.

In investment banking in London, you're three steps from your next hiring manager.
We've just taken a couple of contractors on and they are indirectly known to us.

As someone said, you're now a business, not a worker. Most banks have a change freeze over the Christmas period, so offer to have your contract start on Jan 4th.

[stek]

Contractor Notice period?

How about this?

It's fine, there'll be no issues and your client won't mind one bit.

That the answer you wanted?

[MrMarkyMark]

No notice period specified means no notice can be given. Barclays have this and it's becoming more common.
Time to start reading your contracts and understanding them before you sign them.

Oh and good luck in your career if you are going to breach contract with a bank to go with another one. It's a surprisingly small world.

Agreed, had the same with UBS, although it was stated I couldn't give them notice, apart from in the first week, otherwise the contract was to run full term.

Banking in the city is very small, people move around a lot, networking is high.
I usually know most things going on in my area, whos doing it, who they are working with, rates etc. etc.

[kaiser78]

It does happen that contractors at times do have valid reason to break out of contract early, and do agree that there are ways of doing this whilst remaining on good terms.

I don't however know why so many on here get hung up over this - if you need to move on, have a grown up discussion with clientco and simply agree a mutual exit plan.

[NotAllThere]

Im surprised you didnt cane them for using the words 'my employer'!

Indeed.

You are not an employee of the client. The client is not your employer. Nor is your agency. It is a business to business contract not a contract of employment. This really is very basic contracting stuff, so it's not surprising that you're not greeted with the most cordial of responses. Also, questions about notice period are regularly asked - you could try searching.

[WordIsBond]

Just delay your new start date and explain to the other bank why.

This.

"I've given my word, and my contract finishes 24 December. That's eight business days after your project is scheduled to start. I can't leave my client in the lurch, just like I wouldn't do that to you once I'm in contract with you. So I'd like to take this, but I can't start until after Christmas.

As the project winds down, I'll ask if they could get by without me for the last eight days, and if they were agreeable I'd leave early and start here on the 14th. But if they need me to finish it out, I'll have to do that."

[BolshieBastard]

Because not finding one and assuming you can would be a little bit daft.

Im surprised you didnt cane them for using the words 'my employer'!