Tenure Governance

[geoffreywhereveryoumaybe]

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

[northernladuk]

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.

[NotAllThere]

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.

[DSF70]

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.