• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Reply to: Tenure Governance

Collapse

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "Tenure Governance"

Collapse

  • DSF70
    replied
    Originally posted by geoffreywhereveryoumaybe View Post
    The place where I contract has introduced the following:
    - all contractors are subject to a maximum tenure of 2 years
    - extensions that exceed the 2 year tenure are subject to a 5% reduction in day rate

    These conditions weren't part of the initial or last contract extension that I signed.

    Curious as to whether any other companies have the same conditions

    Just about to go through the same. Programme is regulatory and has 12 months to go.

    I only joined Programme in Jan for 3 months, then extended for another 6. Had previously done 18 months on another Programme that finished in Dec 2017.

    Just waiting to find out what their intentions are.

    Leave a comment:


  • NotAllThere
    replied
    If you make it to two years and they desperately want to keep you. then it's a seller's market. Ask for a 15% rate rise to cover that you can no longer claim travel and subsistence. They can take the 5% reduction out of that.

    Leave a comment:


  • northernladuk
    replied
    Originally posted by geoffreywhereveryoumaybe View Post
    The place where I contract has introduced the following:
    - all contractors are subject to a maximum tenure of 2 years
    - extensions that exceed the 2 year tenure are subject to a 5% reduction in day rate

    These conditions weren't part of the initial or last contract extension that I signed.

    Curious as to whether any other companies have the same conditions
    2 years is pretty common. My last 3 gigs have had 2 year clauses.

    I've never seen the reduction in rate one though. Seems pointless seems they've just stated all contractors have a 2 year limit. Can't imagine why they've put this in. I've seen contractors working beyond 2 years in extreme circumstances like key projects running late so surely this is counter productive. If they are needed beyond 2 years and there is justification for it why attempt to force them out?
    Anyway 5% is nothing and isn't going to make a difference to the contractor I would have thought. After creaming it in for 2 years 5% is just a drop in the ocean.

    They can't enforce them in the current contract without a change but they can certainly add them to the next one, take it or leave it. The 2 years will tick from when you started.

    Leave a comment:


  • geoffreywhereveryoumaybe
    started a topic Tenure Governance

    Tenure Governance

    The place where I contract has introduced the following:
    - all contractors are subject to a maximum tenure of 2 years
    - extensions that exceed the 2 year tenure are subject to a 5% reduction in day rate

    These conditions weren't part of the initial or last contract extension that I signed.

    Curious as to whether any other companies have the same conditions

Working...
X