Originally posted by VectraMan
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Reply to: Rate rises
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Previously on "Rate rises"
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I get £1 per hour more than when I worked for the same client 5 years ago.
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Why pay £500 per day IT contractor when permie can be hired for a lot less than that? 260 days x £500 = £130k - that's $200k which was not far off salary of US president (he got increase some years ago).
IMHO anyone who expects to be paid £750-1000 for a DAY of work on effectively full time basis has never run a proper business that needs to EARN money FIRST and then PAY employees (not yourself). How many of you would hire such person (who is not connected to you) and pay them proper rates like this?
Some of you guys (if not most) have totally lost sense of reality - there are a LOT of people in UK who get paid less than £20k a YEAR, hell how about pensioners surviving on 0% interest rates paid on their savings?
FFS, those of you on the bench who claim to have any relevance to IT should not be posting tulip on CUK or anywhere when benched but take part in doing Plan B - ffs, get off your lazy arses and get on the road to true independence - Plan B.
I am off to office now - that was meant to be my day off celebrating change of prepaid meter to new oneLast edited by AtW; 19 January 2011, 13:38.
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Come April, the threshold at which the higher rate of tax is payable comes DOWN. So a rate rise is needed just to maintain take home pay.
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Originally posted by DimPrawn View PostIT workers should be minimum of £1000 a day by now, given people were earning£300over £550 a decade ago.
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Im about 12-15% above last year. Still avoiding London, but I've been driving more.
Just given notice on a contract to take another which is £30 per day less, but reduces a 2 1/2 hour - 80 mile drive to a 10 minute - 4 mile drive per day(I may even walk it)
Plus new contract runs until end of June with an offer of two years project work in total.
So even though it's not what I want to be doing, it seems stupid to not take it.
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I wiggled another tenner a day out of the agency last month at renewal. Not a lot I agree, but any more 'rocking of the boat' and I would've got replaced by a chimp I'm guessing.
I think if you've got that 'I don't care whether I'm working here or not' attitude then it makes it a lot easier...
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Originally posted by Fred Bloggs View PostI can't see the market standing a rate increase. My area of expertise is already dead as a dodo and when this job finishes around June, I'm bracing myself to take a rate similar to what I was getting 8 or so years ago just to stay in work. After all, 100% of a rubbish rate is a lot more than 0% of a top rate.
Often you can get a rate rise by squeezing the balls of the greasy agent taking a big cut for doing FA.
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I can't see the market standing a rate increase. My area of expertise is already dead as a dodo and when this job finishes around June, I'm bracing myself to take a rate similar to what I was getting 8 or so years ago just to stay in work. After all, 100% of a rubbish rate is a lot more than 0% of a top rate.
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Originally posted by DimPrawn View PostInflation heading for 5% soon.
Who knows where it will get to?
So the question is, who has the balls to start upping rates.
It's not a question of greed, it's a question of maintaing buying power against a backdrop of huge price increases in the cost of living.
It takes back bone to ask for more money and I'm not sure the younger (New Labour) educated ones here have the balls to be honest.
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Originally posted by DimPrawn View PostDoes Bob trim trees?
The solution for the soon-to-be mass-unemployed IT workers is to do manual work that requires a body present.
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