Reply to: Lloyds show their IR35 hand.....

[Major Hassle]

I thought today was supposed to be some type of deadline about what options you wanted to pick for next year?
I had a very brief chat with someone a couple of weeks ago who didn't know much and was just reading off a script. I've had no response since about options, rates, salaries, umbrellas etc?

Seems quite a few are in a similar boat. For all the noise Lloyds have made about valuing a flexible workforce, in practice they are treating that workforce with contempt.

Everything has gone deathly quiet the past 2 or 3 weeks since the initial announcement.

Very poor.

It is, I’ve had several conversations

[JimmyB]

I thought today was supposed to be some type of deadline about what options you wanted to pick for next year?
I had a very brief chat with someone a couple of weeks ago who didn't know much and was just reading off a script. I've had no response since about options, rates, salaries, umbrellas etc?

Seems quite a few are in a similar boat. For all the noise Lloyds have made about valuing a flexible workforce, in practice they are treating that workforce with contempt.

Everything has gone deathly quiet the past 2 or 3 weeks since the initial announcement.

Very poor.

[BABABlackSheep]

High quality PMs are worth paying for. I’ve yet to meet a fantastic BA. Salaries seem to indicate this is there just aren’t that many great BAs out there. I would expect the top 10% of BAs to be on an extra £10k to £15k above the average. Those roles will likely not emerge for another year as colonies attempt to hoover up excessive numbers of discounted ex-contractors.

I used to work for a top consultancy. The BA’s were very good. We used to go to other company’s and mentor their BA’s as part of the deal.

I agree. 90% of BA’s are terrible.

[GhostofTarbera]

Question:

Is that the rate the agency are billing them at or the gross rate the contractor is billing the agency?

If the latter, a ~£130K package is not far off a £550 day rate (allowing £300 for the agency)...

M

£850 to the contractors

Can’t pay them £130K as that’s program directors salary and they would be outside the pay scale £92K is the highest of the high for the band so would never increase either


Sent from my iPhone using Contractor UK Forum

[mjcp]

BA’s in my team at Lloyd’s were offered 92K base + bonus + car + benefits

London - payments

Guys on £850 a day as contractors


Sent from my iPhone using Contractor UK Forum

Question:

Is that the rate the agency are billing them at or the gross rate the contractor is billing the agency?

If the latter, a ~£130K package is not far off a £550 day rate (allowing £300 for the agency)...

M

[cojak]

So you're just a Senior now?

Yes. [emoji3]

[Paralytic]

whatever happened to systems analysts?

Now known as Technical BA's.

This will likely change next year.

[JohntheBike]

Business Analyst

whatever happened to systems analysts?

[Paralytic]

Indeed, while I am still a Senior BA, I had to lose the BA title to get a decent salary (yep, you did read that right...)

So you're just a Senior now?

[BR14]

BA?

Bullsh1t Artist.

[BlueSharp]

BA?

Business Analyst

[webberg]

BA?

[cojak]

High quality PMs are worth paying for. I’ve yet to meet a fantastic BA. Salaries seem to indicate this is there just aren’t that many great BAs out there. I would expect the top 10% of BAs to be on an extra £10k to £15k above the average. Those roles will likely not emerge for another year as colonies attempt to hoover up excessive numbers of discounted ex-contractors.

Indeed, while I am still a Senior BA, I had to lose the BA title to get a decent salary (yep, you did read that right...)

[PTP]

I am told, by my accountant who has clients in these places, that the following are Not blanket deciding. Be it 'Inside' or 'No More Contractors'.

Capita, TSB and Nationwide.

Can anyone corroborate?

I think you might be right with Capita

I’ve seen them advertise 6 month FTC for a migration project. I think surely this would’ve been a day rate previously. They are trying to get around the less flexibility to travel by offering any of their offices and some WFH.

I’ve also seen them advertise a contract in the same field of work but a different project. That one is day rate. But no mention of IR35 plans

[simes]

I am told, by my accountant who has clients in these places, that the following are Not blanket deciding. Be it 'Inside' or 'No More Contractors'.

Capita, TSB and Nationwide.

Can anyone corroborate?