Morning all,
More of a lurker than a poster, but looking for some general advice on the experience of esteemed members of the board here.
Currently in contract upto August 2011 ( Renewed in Feb ). Agency are now trying to reduce the daily rate by 6% across the board for all contractors providing services to there end client.
The reasons listed are due to the end client not meeting there business objectives financially, we the contractors are to take the brunt of the cost saving.
My question is, as my Ltd contract is with the agency ( who are a very profitable organisation ! ) can they really box my Ltd into a corner and force a compulsory reduction just because there end client is struggling ?
I've yet to read through the contract as away from home/office for a few days.
Any advice/experience most welcome.
Cheers all..
More of a lurker than a poster, but looking for some general advice on the experience of esteemed members of the board here.
Currently in contract upto August 2011 ( Renewed in Feb ). Agency are now trying to reduce the daily rate by 6% across the board for all contractors providing services to there end client.
The reasons listed are due to the end client not meeting there business objectives financially, we the contractors are to take the brunt of the cost saving.
My question is, as my Ltd contract is with the agency ( who are a very profitable organisation ! ) can they really box my Ltd into a corner and force a compulsory reduction just because there end client is struggling ?
I've yet to read through the contract as away from home/office for a few days.
Any advice/experience most welcome.
Cheers all..
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