Originally posted by Wobblyheed
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Major global contractor review underway at ClientCo."
Collapse
-
I stopped coming on this board about a year ago because of all the doom and gloom (I was under another guise and forgot my password and email was with a company I had left so had to create this new account). I'd better make a note of my current password and email this time.
Leave a comment:
-
Originally posted by nomadd View PostNo, I'm too old to jerk my knees.
I've just seen two of my contracting mates "dropped" from "safe as houses" roles in Banks in the last 3 days. And looking the the spread of replies on this thread - and the general state of the economy - I think "dark days" could soon be upon us once again. Hope it ain't so, but who knows in this crazy game.
Leave a comment:
-
Originally posted by Wobblyheed View PostWhat....Because this one company is in the tulip?
Bit of a knee jerk reaction (I hope)
I've just seen two of my contracting mates "dropped" from "safe as houses" roles in Banks in the last 3 days. And looking the the spread of replies on this thread - and the general state of the economy - I think "dark days" could soon be upon us once again. Hope it ain't so, but who knows in this crazy game.
Leave a comment:
-
Originally posted by ChrisPackit View PostOh, the joy. I remember being in this position 10 years ago at Barclays. "They can't get rid of me, I'm responsible for X, Y and Z and no one else knows it..."
31 out of 32 contractors gone in one foul swoop...
Warchest is healthy for a year and a bit, without cutting back on spending.
Leave a comment:
-
Originally posted by Scrag Meister View PostHopefully the fact that I am a team of one supporting and coding for department means I am in a strong position.
31 out of 32 contractors gone in one foul swoop...
Leave a comment:
-
Originally posted by Wobblyheed View PostWhat....Because this one company is in the tulip?
Bit of a knee jerk reaction (I hope)
I read recently about some companies in the vicinity getting the sniffles and talking about full blown flu.Last edited by Scrag Meister; 29 July 2011, 14:31.
Leave a comment:
-
Originally posted by Wobblyheed View PostWhat....Because this one company is in the tulip?
Bit of a knee jerk reaction (I hope)
For example, I've just finished a major bit of work for an international firm. They're clearly more profitable than ever and are in serious need of internal investment to counter three years of neglect but they can't invest the newly increased profits because of pressure to increase the publicly sensitive profit figure. A long-term rational approach would tell them they need to invest as they're so far behind but short-term pressures mean that they need to distribute the profits and let the firm's infrastructure stagnate for another year.
The implications for interims and contractors is quite severe as the firm I worked for announced a contractor cull and recruitment freeze despite the firm being more profitable than any time ever.
It's not as grim as it sounds though, some companies are throwing money at daft bits of work reminiscent of the dot-com boom. The problem is that there are just far too many people hunting too few roles.
Leave a comment:
-
Originally posted by nomadd View PostSeems those "Happy Days" of 2009 are about to visit us all again. Thank god I've boosted the warchest.
Bit of a knee jerk reaction (I hope)
Leave a comment:
-
Originally posted by Scrag Meister View PostMajor contractor review, ALL contractors firm wide, being assessed on the basis of what would the situation be if they disappeared.
Leave a comment:
-
Originally posted by Scrag Meister View Post
My manger commented that other managers with teams in Bobland were not flagging them as essential, whereas the high paid London staff are.
Leave a comment:
-
Similar here - all contractors over £x pd being closely reviewed and given limited number of short contract renewals before ejection or flip to perm
Leave a comment:
-
Originally posted by Scrag Meister View PostMajor contractor review, ALL contractors firm wide, being assessed on the basis of what would the situation be if they disappeared.
All managers are saying essential, not sure how they'll decide.
Hopefully the fact that I am a team of one supporting and coding for department means I am in a strong position.
Well here's hoping.
My manger commented that other managers with teams in Bobland were not flagging them as essential, whereas the high paid London staff are.
Leave a comment:
-
Major global contractor review underway at ClientCo.
Major contractor review, ALL contractors firm wide, being assessed on the basis of what would the situation be if they disappeared.
All managers are saying essential, not sure how they'll decide.
Hopefully the fact that I am a team of one supporting and coding for department means I am in a strong position.
Well here's hoping.
My manger commented that other managers with teams in Bobland were not flagging them as essential, whereas the high paid London staff are.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: