Originally posted by John Doe
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Reply to: (new to contracting) Contracting Hours
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Previously on "(new to contracting) Contracting Hours"
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Serious answer - if it's investment banking, in general what it says on the contract means nothing. You'll be expected to put the hours in dependent on what everyone else does. You won't know for sure until you get your feet on the ground.
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Yes, 32 hours on contract AOriginally posted by MarillionFan View Post35 hours for a bank seems excessive.
Most of the contractors on here do 30-32.5 hours /6 to 6.5 hours per day. Sounds like they're taking the piss.
15 hours contract B
3 hours prospecting
50 hours week on average, then you're a contractor anything your still a permie.
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Thank you. I have to change my mind set and start thinking like a contractor.Originally posted by v8gaz View PostAnd that, my friend, is why nobody here is a permie
You are now a business. If you are contracted to do 35 hrs, then you do 35 hrs. In reality you will do more sometimes when required, and less at other times. If you are constantly having to do more than 35 hrs, then they have offered the wrong contract, and should modify, with appropriate pro-rata increase.
And just in case you missed it - STOP THINKING LIKE A PERMIE. This company is not your career. they won't offer promotions and bonuses. You agree a deal, and deliver to it. The end.
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just wait and see what its like there, I'd do half an hour a day extra when first starting just as i'm often learning a lot but generally keep normal hours after a few weeks (I tend to work with consultants who like to work crazy hours so have to be strict on doing 8 hours a day).... dont worry what other permies do though as they have people to impress and will often stay lateOriginally posted by John Doe View PostI just don't want to take advantage of the client and just do 7 hours. When I was a perm the contract said 37.5 hours a week, but I did more without getting paid more. So is it really ok just to 7 hours a day?
Once I start I will ask them. Thank you for the advice.
Cheer
JD
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Gosh thats a short day - I've always been put off this sector as I thought it would involve long unsociable hours...Originally posted by MarillionFan View Post35 hours for a bank seems excessive.
Most of the contractors on here do 30-32.5 hours /6 to 6.5 hours per day. Sounds like they're taking the piss.
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Originally posted by John Doe View PostI just don't want to take advantage of the client and just do 7 hours. When I was a perm the contract said 37.5 hours a week, but I did more without getting paid more. So is it really ok just to 7 hours a day?
Once I start I will ask them. Thank you for the advice.
Cheer
JD
And that, my friend, is why nobody here is a permie
You are now a business. If you are contracted to do 35 hrs, then you do 35 hrs. In reality you will do more sometimes when required, and less at other times. If you are constantly having to do more than 35 hrs, then they have offered the wrong contract, and should modify, with appropriate pro-rata increase.
And just in case you missed it - STOP THINKING LIKE A PERMIE. This company is not your career. they won't offer promotions and bonuses. You agree a deal, and deliver to it. The end.
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CLUE: ContractorOriginally posted by John Doe View PostI just don't want to take advantage of the client and just do 7 hours. When I was a perm the contract said 37.5 hours a week, but I did more without getting paid more. So is it really ok just to 7 hours a day?
Once I start I will ask them. Thank you for the advice.
Cheer
JD
Means you work to contract.
Limited hours and time keeping prescribed by contract and client goes towards control for IR35 (look it up).
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Find the other contractors in your vacinity/team and see what they are doing and fall into line with that.
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I just don't want to take advantage of the client and just do 7 hours. When I was a perm the contract said 37.5 hours a week, but I did more without getting paid more. So is it really ok just to 7 hours a day?Originally posted by northernladuk View PostYou get paid to do 7 hours work. How you take your lunch and organise your time is up to you and your client as long as you fulfill your responsibility legally.
How about speaking to them to see what they are happy with? Different clients have different approaches to working times and flexibility.
Once I start I will ask them. Thank you for the advice.
Cheer
JD
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35 hours for a bank seems excessive.
Most of the contractors on here do 30-32.5 hours /6 to 6.5 hours per day. Sounds like they're taking the piss.
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You get paid to do 7 hours work. How you take your lunch and organise your time is up to you and your client as long as you fulfill your responsibility legally.
How about speaking to them to see what they are happy with? Different clients have different approaches to working times and flexibility.
Leave a comment:
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(new to contracting) Contracting Hours
Dear All,
I have won a one year contract with a bank in London. The contract says that I will do 7 hours a day and 35 hours a week.
So now my question: When I was a perm I usually took maximum a 30 minutes lunch break if at all. So for the contract do I still come in at 9.00 and leave around 17.30 (i.e. do about 8 hours a day, but only charge 7 hours?).
Thx
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