Hello Guys,
It is my first post ! And coincidentally I just received an offer from Vector Resourcing/ Vector UK after interview with their Client.
I find them different in a odd way and found the recrutment consultant a bit forceful
This why I find them odd is
1. They insisted on a fixed daily rate at the start of discussion which seems low for the type of work (That said the now sometimes the agencies let you a lower day rate and invoice the client more)
2. Tell tell me that they have a 45 day payment term that means they pay almost 2 months in arrears ...I think I can manage thes as they made me aware of this before I met with the Client
3. Thirdly upon the Client wanting to work with me, they have now made an offer of a 6 months contract but not at the fixed rate they initially told me but they have now said that I'll be paid a completion bonus at the end of the 6 months contract to the sum of £25 per day if the contract is complete or if I was extended under the same rate .
4. Lastly I know for IR35 purposes a Bonus pay makes it sound like I am employee and not a contractor so I unsure of the implications this may have as this contract is outside of the IR35
I have this weekend to confirm if I will be accepting the offer as they have a 2nd option
Has anyone worked through this company or had any dealings with them? I feel red flags have been raised and I want to be sure before I accept the offer and regret my decision.
Do you think this is a reasonable ? Does anybody have a bad experience of dealing with contracts with this type of 'completion bonus'? Any ideas whether this would be a potentially bad contractual agreement
Thanks in advance for your help.
It is my first post ! And coincidentally I just received an offer from Vector Resourcing/ Vector UK after interview with their Client.
I find them different in a odd way and found the recrutment consultant a bit forceful
This why I find them odd is
1. They insisted on a fixed daily rate at the start of discussion which seems low for the type of work (That said the now sometimes the agencies let you a lower day rate and invoice the client more)
2. Tell tell me that they have a 45 day payment term that means they pay almost 2 months in arrears ...I think I can manage thes as they made me aware of this before I met with the Client
3. Thirdly upon the Client wanting to work with me, they have now made an offer of a 6 months contract but not at the fixed rate they initially told me but they have now said that I'll be paid a completion bonus at the end of the 6 months contract to the sum of £25 per day if the contract is complete or if I was extended under the same rate .
4. Lastly I know for IR35 purposes a Bonus pay makes it sound like I am employee and not a contractor so I unsure of the implications this may have as this contract is outside of the IR35
I have this weekend to confirm if I will be accepting the offer as they have a 2nd option
Has anyone worked through this company or had any dealings with them? I feel red flags have been raised and I want to be sure before I accept the offer and regret my decision.
Do you think this is a reasonable ? Does anybody have a bad experience of dealing with contracts with this type of 'completion bonus'? Any ideas whether this would be a potentially bad contractual agreement
Thanks in advance for your help.
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