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Cutting IT contractors’ rates may backfire on the banks, costing them more
ContractorCalculator asks if the widely reported IT contractor rate cuts by major players in the financial sector are premature and will ultimately leave banks with lower quality development teams.
�ifficult market conditions." A buyers’ market for contracting ContractorCalculator’s June Market Report reveale� �weeks to agree and implement the cut or see their contracts terminated. Head of Communications for Europe, th� �e clients cut 10% of the less able contractors at contract renewal time, kept the remainder on the same pay�
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News
| Fri, 13 Jun 2008
Contractorcalculator market report July 2008
Despite evidence of a slowdown in some contracting sectors, such as IT, there are still no crystal clear indicators about the direction of the UK economy and the overall market for contractors.
�eems to show a reduction in overall growth of the contracting sector, rather than evidence of it shrinking. Fig� �est June was a quiet month, with the number of IT contracts falling by 5% on the previous month. And contract� �tractors at the ‘coal-face’ have been telling us: Contract opportunities in IT have performed well so far th�
Category:
News
| Tue, 08 Jul 2008
ContractorCalculator market report August 2008
No news can be good news so, with holiday season underway, contractors can take comfort that predicted cuts in contracts have not materialised.
�of them to seek alternative ways to manage their contracting. At a seminar organised by legal consultancy Laws�
Category:
News
| Tue, 05 Aug 2008
Contractors resilient to credit crunch
ContractorCalculator’s latest survey of contractors reveals that the credit crunch is having a limited impact on the livelihoods of most. Some respondents fear the worst is yet to come, but most predict a stable future.
�The resilience of the contracting sector during times of tough economic choices, su� �t and look elsewhere, it appears that finding new contracts is becoming less easy. When asked how hard it is� �of those contractors surveyed are currently in a contract, with 28% of the remainder actively seeking work�
Category:
News
| Mon, 11 Aug 2008
Pensions for contractors with an umbrella company
Income when using an umbrella company can go straight into pension funds for serious tax advantages.
�sing a contractor umbrella company to manage your contracting income, you can get very significant tax advantag� �ntributions (NICs) on a hefty percentage of their contract income. 'Pre-taxed' income Provided your umbrella�
Category:
Articles: Pensions
| Tue, 07 Apr 2009
Contractor doctor: should I quit my job before going contracting?
The catch-22 for many is not wanting to quit their job to secure a contract, but without flexibility they can't get one. Here's what to do.
�ills and experience level. I am thinking of going contracting but, with a lack of savings and no experience in� �guide ‘ Should I quit my job before applying for contracts? ’ in msot cases you will need to hand in your no� �eed to hand in your notice before searching for a contract. This is because: Most agents will be reluctant t�
Category:
Articles: Contractor Doctor Q+A
| Tue, 30 Oct 2018
Contractor doctor: are advertised contract rates a good guide to market rates?
Do the advertised market rates give a good indication of rates in the market?
�contractor about how they went from permanent to contracting . I am currently working in a permanent role, but� �be how they made the transition from permanent to contract: From permanent to contract - case study 1 From p�
Category:
Articles: Contractor Doctor Q+A
| Tue, 06 Nov 2018
Contractor doctor: can I apply for different contracts with the same agent?
Should you target your CV differently for different roles advertised by the same agent?
�t the work of the CV is over. Good luck with your contract search.�
Category:
Articles: Contractor Doctor Q+A
| Tue, 13 Nov 2018
Contractor doctor: how can I renegotiate a smaller agency margin?
Getting a higher rate by reducing a very high agency margin.
�d this be legal? I'm nearing the end of a 6 month contract which the client wants to renew. Relations with t�
Category:
Articles: Contractor Doctor Q+A
| Tue, 23 Jan 2018
Contractor Doctor: How much income should I save for holidays and sickness?
Contractors don’t receive sick pay or get paid for holidays, so need to plan their finances to take into account expected, and unexpected, time off.
�ntracts or get ill and can’t work. How much of my contracting income should I save for time off due to holidays� �ke time off for holidays, and in case I’m between contracts or get ill and can’t work. How much of my contrac� �ear Contractor Doctor, I’ve just started my first contract as an interim marketing contractor. Until now, I’�
Category:
Articles: Contractor Doctor Q+A
| Fri, 28 Oct 2016
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