Bank of America Merrill Lynch Contractor rate cut

[saptastic]

Bank of America Merrill Lynch cuts IT contractor pay rates :: Contractor UK

10% from October 5th.
Doesn't seem much notice....

[pr1]

something something contract
something something notice period

[northernladuk]

Don't forget to get it added to the contract breakers list. Same cuts, same clients. It should be assumed as standard practice for certain clients so will cease to be news.

http://www.egos.co.uk/contract-breakers.htm

[diseasex]

Don't forget to get it added to the contract breakers list. Same cuts, same clients. It should be assumed as standard practice for certain clients so will cease to be news.

http://www.egos.co.uk/contract-breakers.htm

that list wouldnt stop me taking a gig;/

[northernladuk]

that list wouldnt stop me taking a gig;/

Nope but should stop people complaining when the regular offenders impose a rate cut..but it doesn't.

[WobbleWobble]

Don't forget to get it added to the contract breakers list. Same cuts, same clients. It should be assumed as standard practice for certain clients so will cease to be news.

http://www.egos.co.uk/contract-breakers.htm

Wow, what a great resource - it's actually changed my perception of LBG slightly, i though they'd had loads of haircuts over the last few years.

[DelboyTrotter]

I could retrospectively add a few more to that list covering 2011 and 2012......

[WobbleWobble]

I could retrospectively add a few more to that list covering 2011 and 2012......

Pray tell?

[BolshieBastard]

No mention of a rate cut at MBNA who are owned by BAML

[TestMangler]

There is bound to be a huge amount of inaccuracy in a list like that


For Example, This:

Lloyds Banking Group (LloydsTSB and HBoS)

1-1-12

10%

‘together with an enforced two week break from 19th December to 3rd January’.

Didn't actually happen for everyone and people in certain areas were begged not to take any time off other than public hols over that period.

I was there at that time and most definitely did not take either a rate cut or an enforced holiday.

Edit - When I say I didn't take a rate cut, I mean I wasn't asked to. There was one in 2009 if I remember correctly. I rejected it and walked. There was also one in December 2014 which resulted in me walking again.