Reply to: State of the Market

[herman_g]

I find the contract work I've taken since well before COVID follows the pattern Herman describes.

My clients say two days a week during the contract negotiations, but the actually don't want me in the office once the contract starts.

The nature of the work has adapted. Even if you do go into the central London office everyone around you is wearing headphones on Teams calls or head down working at the screen.

When they first started talking about going back to the office once a week, the other option was just to have a night out once every two weeks. It was explained the purpose was not to get people into the office but, rather, to gain something from people spending time together. It was decided one night in the office was fine but the manager stressed the idea wasn't to get people into the office to sit on teams all day. He explained the bank was very happy with the productivity increase since WFH began.

The first time I went into the office, I found they had some strange standard for connecting monitors and I was unable to use anything but my small laptop monitor. It was noisy and little got done. At home, I have the big screen and two 32 inch monitors and it's quiet. I am able to put in a really great day's work and do my day trading. When I my manager asked me how the day went late in the afternoon, I told him I got nothing done. His response was "that's ok - it's not why you're here.

When I have teams meetings with one of the guys who likes to go Tuesdays because his son's school is close to the office, nothing gets accomplished. It's noisy with other guys around him and he is almost whispering.

It's clear the working world has moved beyonf working in the office and it's only a good thing.

Companies are happy and so are the staff - us contracter are happy as well (put that in for my HMRC friend Oliverson since I clearly can't be part of a scrum team with other members and I can't have a boss or colleagues).

[Dorkeaux]

I find the contract work I've taken since well before COVID follows the pattern Herman describes.

My clients say two days a week during the contract negotiations, but the actually don't want me in the office once the contract starts.

The nature of the work has adapted. Even if you do go into the central London office everyone around you is wearing headphones on Teams calls or head down working at the screen.

That's funny. I just got renewed for another year. Few of my colleagues ever go to the office the one "onsite day" at the Dutch big four bank I contract to. I've been there exactly twice so far in 4 1/2 years. A third attempt to go into the office turned into just a weed run and I ended up working from the Dutch hotel as there was nobody on the team there that day.

Two of my team members just got promoted this week and new staff will come onboard to replace them. From what I hear my team is not an exception.

I just read the Dutch government plans to expand immigration to make up for a massive labour shortage.

You really don't think the issue might be this little mistake they call brexit? The government seems to think so but can't seem to change enoigh of the public's mind. Instead, they are left with tacing the citizens to death.

[WTFH]

Ah, another remoaner! You and herman should go on a date.

And you should maybe take a break and think about your words and actions.

[oliverson]

I think this guy has indicated from his posts that English is his third language, so I would cut him a break. Maybe you should get the duolingo out while on the Spanish bench.

Ah, another remoaner! You and herman should go on a date.

[agentzero]

^^^^Permie disguised as contractor right here!!! ^^^^

Throwing in the Brexit reference as well. Laughable. Is it any surprise that HMRC thinks we are all disguised employees with this kind of thinking/approach?

I think this guy has indicated from his posts that English is his third language, so I would cut him a break. Maybe you should get the duolingo out while on the Spanish bench.

[agentzero]

You aren't out of WORK. You are out of CONTRACT. Your work is running your business. Is a guy running a shop out of work when he's not selling something to a customer? Is he out of work when he's closed the shop and can't sell anything doing inventory, cash etc?

In a downturn your advice is rubbish.

With hindsight SchumiStars should've MVLd their company, if they didn't already do that, and applied for whatever benefits they are entitled to. Your libertarian leanings mean you often post silly advice across this forum. We pay a lot of tax, many contractors being in the top 10%, top 5%, top 1%, and there is no shame in applying for what you are entitled to. If you prefer to use up your savings during a downturn worse than the 2008 crisis feel free, but it is a 10 minute job to make a limited company dormant and doesn't cost much to MVL if you have doubts about outside ir35 work. Anyone in this position who doubts their ability to get an outside ir35 contract should be speaking to their account ASAP and performing whatever necessary to organise their affairs effectively.

If inside ir35 is the most likely outcome they should still be claiming whatever they are entitled to. There is no shame in it and folk like you will be quick enough to claim any free NHS vaccines or investigations you are entitled to based on age and medical condition, free bus pass, any one of the range of benefits available to the over 50s.

Get a contract within a fortnight of doing all the effect? Lucky you. 3 years out of work? Unfortunately, at least you've got extra cash and some things paid for. A lot of the advice you have given across this forum for a very long time is typical of an opinionated man and outright incorrect, it's about time you are called out for it.

[agentzero]

https://www.bbc.co.uk/news/articles/c1e4lyz77jqo

Well that's encouraging, that is if they do build it. I do.feel.thag WFH, is one of main contributors to the downturn.

You think if everyone was forced into an office the use of AI (not LLM) and automation in businesses would stop and the grads and young people without a job would suddenly get work? That there would be more jobs? That's before mentioning the cost of the commute in a stagnated or even a lower wage environment as we've seen since the 2008 crash.

You are losing your mind due to being out of work for so long. Remote work is normal across Europe and North America.

[herman_g]

^^^^Permie disguised as contractor right here!!! ^^^^

Throwing in the Brexit reference as well. Laughable. Is it any surprise that HMRC thinks we are all disguised employees with this kind of thinking/approach?

And two contractors who recently joined the team WFH in the UK through their uk ltds, have an SOW from the client, are outside IR35 and fully tax compliant with both Dutch and UK law. We have one member living in Belgium, one in Latvia and two working as independants from India (Dutch permanent residents) - the bank has a "work from anywhere" policy that is wide open. One team member spends months at a time in Portugal and one does the same in South Africa as well.

[sadkingbilly]

So, finally my security screening appears to be coming to an end and I'll be free to go 'on site' (my home office) from early next week it seems.

Aside from the cash, I'm looking forward to getting back in the saddle again and building on my long track record of delivery for my client. I say client (singular) because the other opportunity, delivering it alongside my main contract, hasn't transpired. Guess that leaves me free to dedicate that time to my plan B's. All good.

Great weekend everybody.

does this mean you'll be whingeing less and boasting more??
asking for a friend.

[sadkingbilly]

Would that be 100% WF 'old peoples' Home?

:-D

i'm working, sonny.
you're whingeing..
'nuff said.

[herman_g]

^^^^Permie disguised as contractor right here!!! ^^^^

Throwing in the Brexit reference as well. Laughable. Is it any surprise that HMRC thinks we are all disguised employees with this kind of thinking/approach?

I don't live in the UK so don't really care what HMRC thinks. I don't even live in the Netherlands. I run an EU business that has an SOW with a Dutch bank. I don't have the generous banking benefits (discount loans, mortgages, credit card rates) the bank's employees have. Nor do I have the generous pension system or security. Nothing about the relationship with my client violates the tax laws of Netherlands or the tax laws of where I reside.

Half of my contract work since immigrating to the former EU state of the United Kingdom was on the continent. Brexit has messed up the UK so badly I can never see myself living there again. Last year I managed to get permanent EU long term residence status and now have full rights I once enjoyed with this useless document called a UK passport.

I met a really nice Sikh gentleman on a plane last week. He has a small Fintech firm and told me Brexit has messed up his business to no end. He told me his office in shoreditch was part of a booming community pre-brexit and is now a ghost-town as his Fintech company and his neighbours' no longer hit the shortlist on EU proposals but it was never an issue before.

But I guess you lot, many of whom openly admit to voting for that disaster, know better.

[oliverson]

Aren’t you trying to get work in the UK while living in Spain? Almost like you are disguising yourself for tax purposes.

Let’s hope that in your near role you pay a fair amount of tax in the UK.

I don’t know where you get this idea that I live in Spain, I don’t. I do, however, spend a few months there each year usually, well within the 90 day rule. In fact just around 80 days in 2025.

[WTFH]

Throwing in the Brexit reference as well. Laughable. Is it any surprise that HMRC thinks we are all disguised employees with this kind of thinking/approach?

Aren’t you trying to get work in the UK while living in Spain? Almost like you are disguising yourself for tax purposes.

Let’s hope that in your near role you pay a fair amount of tax in the UK.

[oliverson]

So, finally my security screening appears to be coming to an end and I'll be free to go 'on site' (my home office) from early next week it seems.

Aside from the cash, I'm looking forward to getting back in the saddle again and building on my long track record of delivery for my client. I say client (singular) because the other opportunity, delivering it alongside my main contract, hasn't transpired. Guess that leaves me free to dedicate that time to my plan B's. All good.

Great weekend everybody.

[oliverson]

That's funny. I just got renewed for another year. Few of my colleagues ever go to the office the one "onsite day" at the Dutch big four bank I contract to. I've been there exactly twice so far in 4 1/2 years. A third attempt to go into the office turned into just a weed run and I ended up working from the Dutch hotel as there was nobody on the team there that day.

Two of my team members just got promoted this week and new staff will come onboard to replace them. From what I hear my team is not an exception.

I just read the Dutch government plans to expand immigration to make up for a massive labour shortage.

You really don't think the issue might be this little mistake they call brexit? The government seems to think so but can't seem to change enoigh of the public's mind. Instead, they are left with tacing the citizens to death.

^^^^Permie disguised as contractor right here!!! ^^^^

Throwing in the Brexit reference as well. Laughable. Is it any surprise that HMRC thinks we are all disguised employees with this kind of thinking/approach?