Originally posted by padinka
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Reply to: The S3 annual report
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Previously on "The S3 annual report"
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There are 4,719 contractors willing to work for them? I thought times were good.
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No problem at all with making a profit - we all want to do that.Originally posted by jh0711shock horror recruitment business makes a profit

Just a question though: do you think an average gross margin of 23% is acceptable?
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It's OK, I believe you.Originally posted by SockpuppetIn that case, yes I was just joshing.
Also look for Computer Futures, Huxley, Progressive, Pathway and their ilk.
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yes sockOriginally posted by SockpuppetWould saying No lead to a lot of mocking.
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Yes it would!Originally posted by SockpuppetWould saying No lead to a lot of mocking.
Just do a search on here for S3 (sometimes referred to as 'XX' for legal reasons) and form your own opion. Far be it from me to try to influence you in any way...
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Would saying No lead to a lot of mocking.Originally posted by padinkaYou have to be kidding right?
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You have to be kidding right?Originally posted by SockpuppetOK, I am really stupid here but what is an "S3 agency".
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I once met somebody who used to do that. He had sponsored atleast a dozen indians for work permit and his income was about £30k/month.Originally posted by DimPrawnIt's got to be on anyones plan B.
Pimping contractors and/or cheap Indians on government approved visas.
Free mana from the gods.
Get 20 contractors on the go and you have enough income to live like a king and not do a days (honest) work in your life.
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It's got to be on anyones plan B.
Pimping contractors and/or cheap Indians on government approved visas.
Free mana from the gods.
Get 20 contractors on the go and you have enough income to live like a king and not do a days (honest) work in your life.
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The S3 annual report
Has been delayed from February to March.
However their preliminary results for the period ending 30/11/2006 include the following little tidbit:
Active contractors at period end increased by 8.1% to 4,719 (2005:4,365), with average gross profit per day rates increased by 11.1%
I seem to recall from their previous report that their contractor gross margin was about 21%. This suggests it is now about 23.3% gross. Easy money if you can get it...
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