Reply to: RBS / ABN AMRO Contractor Rate Cut

[Gonzo]

No, not project staff, I mean people who would have been called clerks in the old days. Data inputters, filers, maybe some customer service people.

In the nineties I worked in the back office of a fund management company that still had all their ledger books from before 1987 which was the year they switched to computerisation.

There were was still one person there that could remember the days when they had to type out all the contract notes on a typewriter. <<SHUDDERS>>

[thunderlizard]

By Admin do you mean PMOs etc? There are a few attached to each project nowadays... have no idea why the PM can't do the stuff PMO is doing..

No, not project staff, I mean people who would have been called clerks in the old days. Data inputters, filers, maybe some customer service people.

[NoelWatson]

Just spoke to a friend at RBS (came in from ABN). They are very busy on integration stuff and no-one round him has been asked to take a cut.

Is the cut for all at RBS (including those from ABN)?

Yes

[SandyDown]

Times of major upheaval, restructuring and perestroika are great for contractors. It's when companies stop lurching between mass layoffs that we've got to worry.


Though on a related note: 10-15 years ago all the big IT projects were about sacking loads of admin staff and putting software and databases in their place. Have I just personally moved away from that kind of thing, or have all the loseable administrators been lost now?

By Admin do you mean PMOs etc? There are a few attached to each project nowadays... have no idea why the PM can't do the stuff PMO is doing..

[thunderlizard]

Times of major upheaval, restructuring and perestroika are great for contractors. It's when companies stop lurching between mass layoffs that we've got to worry.


Though on a related note: 10-15 years ago all the big IT projects were about sacking loads of admin staff and putting software and databases in their place. Have I just personally moved away from that kind of thing, or have all the loseable administrators been lost now?

[SandyDown]

At the Bank am working at, they had a major restructure programme (also known as get rid of as many permies as you can) permies were asked to re-apply for their posts, and if they got the post they had to re-do probation period.. at the end of the period either party can say good bye.... many many many permies gone, now the majority of the change management department is staffed by contractors or consultants!!

[BrilloPad]

If it were me I'd accept the rate reduction and then invoke my substitution clause and send in some useless git in my place.

Anyone in mind?

[oracleslave]

Would they notice the change?

Probably not. 10% of not much is not much.

HTH.

[NickFitz]

If it were me I'd accept the rate reduction and then invoke my substitution clause and send in some useless git in my place.

Would they notice the change?

[DodgyAgent]

If it were me I'd accept the rate reduction and then invoke my substitution clause and send in some useless git in my place.

Do you think they'd fall for it again DP?

[DimPrawn]

If it were me I'd accept the rate reduction and then invoke my substitution clause and send in some useless git in my place.

[Torran]

Just spoke to a friend at RBS (came in from ABN). They are very busy on integration stuff and no-one round him has been asked to take a cut.

Is the cut for all at RBS (including those from ABN)?

Can't say I've heard anything about this. I keep my head down right enough

as far as I'm aware recruitment for Integration is carrying on as planned

[BrilloPad]

erm, they sacked loads of permies a month or two back...

to be replaced with ex-contractors?

[realityhack]

If things were really bad they would terminate contracts annd offer permie role instead

Erm...

[TheBigYinJames]

erm, they sacked loads of permies a month or two back...

The old adage is that when times get tough, they sack the permies and keep the contractors. if only it was true.