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Previously on "Lloyds show their IR35 hand....."

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  • Major Hassle
    replied
    Originally posted by JimmyB View Post
    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

    Leave a comment:


  • JimmyB
    replied
    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.

    Leave a comment:


  • BABABlackSheep
    replied
    Originally posted by rogerfederer View Post
    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.

    Leave a comment:


  • GhostofTarbera
    replied
    Originally posted by mjcp View Post
    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

    Leave a comment:


  • mjcp
    replied
    Originally posted by GhostofTarbera View Post
    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

    Leave a comment:


  • cojak
    replied
    Originally posted by Paralytic View Post
    So you're just a Senior now?
    Yes. [emoji3]

    Leave a comment:


  • Paralytic
    replied
    Originally posted by JohntheBike View Post
    whatever happened to systems analysts?
    Now known as Technical BA's.

    This will likely change next year.

    Leave a comment:


  • JohntheBike
    replied
    Originally posted by BlueSharp View Post
    Business Analyst
    whatever happened to systems analysts?

    Leave a comment:


  • Paralytic
    replied
    Originally posted by cojak View Post
    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?

    Leave a comment:


  • BR14
    replied
    Originally posted by webberg View Post
    BA?
    Bullsh1t Artist.

    Leave a comment:


  • BlueSharp
    replied
    Originally posted by webberg View Post
    BA?
    Business Analyst

    Leave a comment:


  • webberg
    replied
    BA?

    Leave a comment:


  • cojak
    replied
    Originally posted by rogerfederer View Post
    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...)

    Leave a comment:


  • PTP
    replied
    Originally posted by simes View Post
    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
    Last edited by PTP; 9 October 2019, 12:39.

    Leave a comment:


  • simes
    replied
    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?

    Leave a comment:

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