Reply to: Whats the views on rate reductions?

[DimPrawn]

Tell the client no, start looking for a better paying contract now. Always be looking for better pay. Inflation is at least 5% and in real terms at least double that if you take out the PS3 and plasma TV price from the basket of living costs.

As Warren Buffett would say:

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

[russell]

So the assumption is that there are only two choices: be a dopey permie, or do business mafia-style.

What about simply being a professional and expecting others to conduct business in a professional style?

If your expectations are high, you will eventually find yourself working alongside people who share your high expectations. If your expectations are low, then you will always be working alongside your fellow mafiosi. Because you have no aspiration for change.

So I stick by my advice to the OP to tell them to go stuff themselves. It is better to fail fast than to fail slowly. If you fail fast, you get the chance to start over. And sometimes, amazing to say, if you stick up for yourself, you don't fail at all.

WHS

If you don't stand for anything you will fall for everything.

[darrenb]

Welcome to the world of business. In the real world, this happens all the time, companies trying strong-arm tactics with each other if they think the work is too valuable for the other party to give up.

Talk of fairness and rights is permie mentality.

So the assumption is that there are only two choices: be a dopey permie, or do business mafia-style.

What about simply being a professional and expecting others to conduct business in a professional style?

If your expectations are high, you will eventually find yourself working alongside people who share your high expectations. If your expectations are low, then you will always be working alongside your fellow mafiosi. Because you have no aspiration for change.

So I stick by my advice to the OP to tell them to go stuff themselves. It is better to fail fast than to fail slowly. If you fail fast, you get the chance to start over. And sometimes, amazing to say, if you stick up for yourself, you don't fail at all.

[doodab]

I've always said no on principle but in the current climate I might think twice. On the other hand, if you can afford to do it and have something to occupy your time then why not?

[northernladyuk]

Boomed!

I aim to please. Learnt it all from the 'Guide to successful contracting' written by HAB.

With both of us churning through clients for our Personal Service Companies, we might make December's mortgage payments and get the kiddies a proper Christmas.

[BrilloPad]

Your advice might hold more water if you hadn't just been benched.

Generally I dont think it matters why people give advice. People generally ask until they get the advice they want to hear. So everyone's opinion is valid.

[russell]

Your advice might hold more water if you hadn't just been benched.

Why? I wasn't offered a rate cut, all the contractors on the project here were given notice. If I were offered a rate cut I would do exactly as I said above.

[d000hg]

I would say no and stick to my guns, if you are any good they will back down. They are probably calculating 75% will take it and that is enough to pay for one of the executive's bonus Ferrari.

Your advice might hold more water if you hadn't just been benched.

[northernladuk]

Erm, no, I think someone else was aiming to please. It's like this; there are bukkakers and a bukkakee, and it's not the bukkakee that does the aiming.

Maybe someone ought to point this out to Churchill so he will stop getting sore, bloodshot eyes all the time...

http://forums.contractoruk.com/gener...w-strange.html

[northernladuk]

I am working through Hyphen at a large retail bank, not had any notice of a rate cut, which is surprising given the client names mentioned in this thread.

How did people get notified? Assuming e-mail?

The rumour mill kicked in to action well before the official notice came when I got my cut. I am assuming we are talking about the same one here but I am talking about a few years ago.

[portseven]

I am working through Hyphen at a large retail bank, not had any notice of a rate cut, which is surprising given the client names mentioned in this thread.

How did people get notified? Assuming e-mail?

[Mich the Tester]

We all had to swallow hard when it happened to us

Now that is providing a service!

I aim to please.

Erm, no, I think someone else was aiming to please. It's like this; there are bukkakers and a bukkakee, and it's not the bukkakee that does the aiming.

[northernladuk]

Now that is providing a service!

I aim to please. Learnt it all from the 'Guide to successful contracting' written by HAB.

[Mich the Tester]

Get a good plan B and tell them to shove it.

[doodab]

We all had to swallow hard when it happened to us

Now that is providing a service!