Originally posted by northernladuk
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An Agency's View
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Well if you are billing yourself out at the rates that agencies or other intermediaries in the chain were billing BOS out at, then working that way under IR35 might even be more lucrative. -
Indeed. I was on a decent rate at my PS gig but I don't think that is anything to do with market forces. Just looking at the rates they pay permies would be evidence of that. Not my position but they were looking for SEO's to replace 500 quid a day contractor at 36k a year.'CUK forum personality of 2011 - Winner - Yes really!!!!
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PS has never had any problem shafting itself with consultants but gets all pissy about contractors. Sounds just like the private sector when you think about it!
Can see more opportunities for good rates in PS via a consultancy than through an agent direct to client. They'll take the hit on a low margin with a couple of contractors to body shop a few graduates through with you.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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One word - PENSIONOriginally posted by northernladuk View PostIndeed. I was on a decent rate at my PS gig but I don't think that is anything to do with market forces. Just looking at the rates they pay permies would be evidence of that. Not my position but they were looking for SEO's to replace 500 quid a day contractor at 36k a year.
I was looking at permie salaries at one of my PS clients then looking at what they paid in pension contributions depending on your salary it varied from around 16-24%.
And for someone who retires around 60 and lives until they are 90 that isn't enough. Granted some public sector bods die earlier but the people in those types of jobs e.g. manual ones, are either retired or approaching it as those jobs are the ones they contracted out."You’re just a bad memory who doesn’t know when to go away" JRComment
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OK I'll give you that. I know nothing about the permie side. Still can't help thinking 16-24% of ****all wage doesn't sound that attractive but no idea about permie land anymore.'CUK forum personality of 2011 - Winner - Yes really!!!!
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Its the fact its another 16-24% added to employment costs that make those wages so unattractive....Originally posted by northernladuk View PostOK I'll give you that. I know nothing about the permie side. Still can't help thinking 16-24% of ****all wage doesn't sound that attractive but no idea about permie land anymore.merely at clientco for the entertainmentComment
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PS tend to pay under local wage rates for roles but claim the pension makes up for it.Originally posted by northernladuk View PostOK I'll give you that. I know nothing about the permie side. Still can't help thinking 16-24% of ****all wage doesn't sound that attractive but no idea about permie land anymore.
At the PS clients I've worked for it I calculated it didn't as they were still under paying. One got round it by adding on a special allowance for IT roles however they still couldn't get candidates as some of the larger multi-nationals in the area were paying London salaries for the same skills."You’re just a bad memory who doesn’t know when to go away" JRComment
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The digital allowance is not included in your pension.
Up here the senior developers are on 30k odd, and then 10-20k allowance on top of that to get them up to a decent salary. That digital allowance is reviewed periodically and can be removed as and when.Comment
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Which is why people decided to work for the multi-nationals instead.Originally posted by nucastle View PostThe digital allowance is not included in your pension.
Up here the senior developers are on 30k odd, and then 10-20k allowance on top of that to get them up to a decent salary. That digital allowance is reviewed periodically and can be removed as and when.
What was more amusing they were training up people but hadn't made them sign a contract to prevent them leaving immediately they were trained..."You’re just a bad memory who doesn’t know when to go away" JRComment
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Where I am two roles for Technical Architects have been advertised; one paid £46,424-£55,275, the other £55,928-£66,990 both roles get an extra £4k IT supplement, you start on the bottom of the range but each year go up an increment reaching the top in 4 years.
On the pension side of things my 'pot' from working at local authority for 6.5 years is £67k, I don't have my payslips to hand to see what my contribution was, but it wasn't very much in the region of 120 quid or so. I think it's going to yield £4k a year but I could be misreading that.Comment
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