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padinka
26th February 2007, 16:08
Has been delayed from February to March.

However their preliminary results for the period ending 30/11/2006 include the following little tidbit:

Active contractors at period end increased by 8.1% to 4,719 (2005:4,365), with average gross profit per day rates increased by 11.1%

I seem to recall from their previous report that their contractor gross margin was about 21%. This suggests it is now about 23.3% gross. Easy money if you can get it...

Padinka

DimPrawn
26th February 2007, 16:20
It's got to be on anyones plan B.

Pimping contractors and/or cheap Indians on government approved visas.

Free mana from the gods.

Get 20 contractors on the go and you have enough income to live like a king and not do a days (honest) work in your life.

andy
26th February 2007, 16:31
It's got to be on anyones plan B.

Pimping contractors and/or cheap Indians on government approved visas.

Free mana from the gods.

Get 20 contractors on the go and you have enough income to live like a king and not do a days (honest) work in your life.

I once met somebody who used to do that. He had sponsored atleast a dozen indians for work permit and his income was about £30k/month.

Sockpuppet
26th February 2007, 16:33
OK, I am really stupid here but what is an "S3 agency".

padinka
26th February 2007, 16:36
OK, I am really stupid here but what is an "S3 agency".
You have to be kidding right?

Sockpuppet
26th February 2007, 16:39
You have to be kidding right?

Would saying No lead to a lot of mocking.

padinka
26th February 2007, 16:42
Would saying No lead to a lot of mocking.
Yes it would!

Just do a search on here for S3 (sometimes referred to as 'XX' for legal reasons) and form your own opion. Far be it from me to try to influence you in any way... :D

HankWangford
26th February 2007, 16:42
Would saying No lead to a lot of mocking.

yes sock

Sockpuppet
26th February 2007, 16:43
In that case, yes I was just joshing.

padinka
26th February 2007, 16:46
In that case, yes I was just joshing.
It's OK, I believe you.

Also look for Computer Futures, Huxley, Progressive, Pathway and their ilk.

Sockpuppet
26th February 2007, 16:56
So basically all the agencies I don't deal with.

jh0711
26th February 2007, 17:12
shock horror recruitment business makes a profit

:rolleyes:

padinka
26th February 2007, 18:43
shock horror recruitment business makes a profit

:rolleyes:
No problem at all with making a profit - we all want to do that.

Just a question though: do you think an average gross margin of 23% is acceptable?

bobhope
27th February 2007, 07:51
There are 4,719 contractors willing to work for them? I thought times were good.

DodgyAgent
27th February 2007, 07:55
No problem at all with making a profit - we all want to do that.

Just a question though: do you think an average gross margin of 23% is acceptable?

It clearly is