The client has reduced the rate

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Old Greg replied

12 October 2019, 18:54
Increase your rate by 75 quid and see if they will meet you half way.
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ladymuck replied

12 October 2019, 18:47
Originally posted by KinooOrKinog View Post

One of the big banks I've worked with several times in the past will regularly tell all their contractors to take a rate cut mid contract. The choices are that you take it or you get terminated.

Oh yes, that's really quite common. Or enforced leave at the end of the year.
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KinooOrKinog replied

12 October 2019, 17:53
One of the big banks I've worked with several times in the past will regularly tell all their contractors to take a rate cut mid contract. The choices are that you take it or you get terminated.
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Eirikur replied

12 October 2019, 14:27
Originally posted by ladymuck View Post

The title says the client reduced the rate, then you say it's the agency trying it on.

So what you're really saying is that the agency is claiming the client reduced the rate

How do you know what the agency margin is? I've never managed to get them to tell me that info.

I've had it once where the client reduced the rate. To make sure the agency wasn't trying their luck, I checked with other contractors who were with other agencies and they confirmed. (at the next extension I had it back up to my old rate)
Agencies at big companies are usually at 12-15% markup some a bit more, but hardly ever over 20%
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CheeseSlice replied

12 October 2019, 12:33
This happens and its more than likely the agent trying it on IMO. I had it recently, agent tried shaving it down prior to interview claiming the clients budget had shrunk. Told them I was interviewing elsewhere at the original rate (truth). Interview was then confirmed at the original full rate.

Some years ago on this forum I've reported it happening after successful interview and winning the gig. Both times I've threatened to walk / had other options, and suddenly the budget is restored....
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ladymuck replied

12 October 2019, 10:53
The title says the client reduced the rate, then you say it's the agency trying it on.

So what you're really saying is that the agency is claiming the client reduced the rate

How do you know what the agency margin is? I've never managed to get them to tell me that info.
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Cid started a topic The client has reduced the rate

12 October 2019, 08:01
The client has reduced the rate

first time i have had this happen to me.

the bare faced cheek of the agent...
its not like they dont already have a good £200 a day mark up, but they try it to take another £50 per day once interviews with the client have been agreed.

Luckily the forums have made me wise to what thieving robbing bastards they are all.
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