Reply to: Contract until EOY, handed in notice last week, now rate reductions starting nxt week

[TheDogsNads]

I can't say that I'd noticed. It's been a busy time in my industry all the way through this process and we can't hire contractors quick enough. Have you thought maybe it's not the market, maybe it's your skills???

Im not the one out of work, about to suffer a rate cut and asking for advice on an internet forum. Do try harder.

[oilboil]

There is a clue in his username...

Yep - Oil all the way (with the occasional other natural resource exploration gig)

[eek]

There's a user called peoplesoftbloke (or simlar) on here. Ask him what technology he works with.

Well originally it was peoplesoft

However I think if you are in the oil industry you probably are there for life.

[Paralytic]

There is a clue in his username...

There's a user called peoplesoftbloke (or simlar) on here. Ask him what technology he works with.

[Old Greg]

There is a clue in his username...

Catering?

[eek]

Which industry is that?

There is a clue in his username...

[Paralytic]

I can't say that I'd noticed. It's been a busy time in my industry all the way through this process and we can't hire contractors quick enough.

Which industry is that?

[oilboil]

did they have this other role lined up before the client even mentioned the rate cut then?

You can live in your made up utopia all you like. Or havent you noticed the supply of contractors grossly exceeds demands?

I can't say that I'd noticed. It's been a busy time in my industry all the way through this process and we can't hire contractors quick enough. Have you thought maybe it's not the market, maybe it's your skills???

[fool]

Actually, despite being a bit rude and presumptuous, TheDogsNads is probably right. I suspect I won't maximise $$$. I just don't care.

Funnily enough, no exceptions quickly turned into talk of an exception because rolling the dice on several million quids worth of investment for the saving of low tens of thousands isn't sensible. I declined that too.

I guess we'll need to wait to see if I'm posting on here in a years time that my warchest is depleted and I don't know what to do.

[TheDogsNads]

We don't know that they haven't got another GIG lined up already, they don't say...

Of course if eberyone takes the "little man" option and says well "ok, you can give me a rate cut and I'll just suck it up" then they'll keep doing it, if we all had backbones and all refused they'd quickly backpedal.

did they have this other role lined up before the client even mentioned the rate cut then?

You can live in your made up utopia all you like. Or havent you noticed the supply of contractors grossly exceeds demands?

[oilboil]

Yeah, that sounds like a great plan. Tell the client to shove 90% of what you had for 100% of nothing in this market in less than 6 weeks time. Not!

We don't know that they haven't got another GIG lined up already, they don't say...

Of course if eberyone takes the "little man" option and says well "ok, you can give me a rate cut and I'll just suck it up" then they'll keep doing it, if we all had backbones and all refused they'd quickly backpedal.

[TheDogsNads]

Might not be BT.

Refinitiv are doing a global 10% cut. I told them to go jump. Apparently if you do, you get until the end of Oct.

Yeah, that sounds like a great plan. Tell the client to shove 90% of what you had for 100% of nothing in this market in less than 6 weeks time. Not!

[fool]

Might not be BT.

Refinitiv are doing a global 10% cut. I told them to go jump. Apparently if you do, you get until the end of Oct.

[rawly]

BT

lol! Yes 20% mandatory stay or go.

[SussexSeagull]

I really, really wouldn't be playing silly buggers at the moment. Unless you don't need the money take what is on offer.