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Day rate

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    #11
    A thousand pounds an hour or die trying
    Socialism is inseparably interwoven with totalitarianism and the abject worship of the state.

    No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.

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      #12
      £550 a day? INKSPE.
      Down with racism. Long live miscegenation!

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        #13
        Originally posted by flamel View Post
        What's your minimum day rate? I've just been offered some work at £5.50 ph and it's far more than my usual rate - is it worth it?
        I've only been on the bench for two days so thinking I should hold out for more?
        FTFY

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          #14
          meh...

          Look at me and my rate isn't interesting to anyone....
          merely at clientco for the entertainment

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            #15
            Mathematically speaking;

            I've known people on a Day rate D. They get offered a new contract at Mo*D. They hold out because they think they are at least worth Mw*D.

            Mo = Multiplier offered
            Mw = Multiplier what they think they're worth

            Mw > Mo > 0

            Put quite simply, you begin to look like a bit of a dick, N months later and on the bench, because

            N*20*(Mo*D) >> 0*(Mw*D)
            Last edited by rl4engc; 2 April 2015, 14:15. Reason: Added parenthesis for clarity :|
            Originally posted by Nigel Farage MEP - 2016-06-24 04:00:00
            "I hope this victory brings down this failed project and leads us to a Europe of sovereign nation states, trading together, being friends together, cooperating together, and let's get rid of the flag, the anthem, Brussels, and all that has gone wrong."

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              #16
              550/day would be a very high for most (average daily rate 1 April 2015=450/day, Consultant IT Contracts, Contractor Rates for a Consultant) but low for a very select group of City types...

              Quant Risk Analyst - London
              Location London, UK
              Rate £900/Day

              contract Fixed Income Project Manager
              Location City of London, UK
              Rate £750 - £850 per Day

              C++ derivatives?, years of experience
              800-1000 day


              1 April 2015 Averages
              C#: £375
              .NET: £375
              C++: £475
              Java: £450
              Banking: £475
              Last edited by SunnyInHades; 2 April 2015, 15:09.

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                #17
                Originally posted by flamel View Post
                What's your minimum day rate? I've just been offered some work at £550 pd but it's far less than my usual rate - is it worth it?
                I've only been on the bench for two days so thinking I should hold out for more?
                Take it based on the solid reasoning you have provided.
                ______________________
                Don't get mad...get even...

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                  #18
                  Originally posted by flamel View Post
                  What's your minimum day rate? I've just been offered some work at £550 pd but it's far less than my usual rate - is it worth it?
                  I've only been on the bench for two days so thinking I should hold out for more?
                  I think you should turn it down and leave the opportunity open for another contractor who is maybe building up his reputation and career would be very grateful for a role that pays what you think is peanuts.

                  I've just been offered a role at a day rate I could have barely dreamed of when I was a permie, less than two years ago. A lot of people here, judging by some of the threads I've read, wouldn't have touched it with a bargepole. Fair enough, leave it alone, it just means there's less competition for me for when I do apply for it.

                  Disclaimer: I live oop north, where houses are tuppence ha'penny and there aren't any congestion charges.
                  • The meaning of life is to give life meaning
                  • Worrying about tomorrow spoils today

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                    #19
                    Originally posted by flamel View Post
                    What's your minimum day rate? I've just been offered some work at £550 pd but it's far less than my usual rate - is it worth it?
                    I've only been on the bench for two days so thinking I should hold out for more?
                    Yes. You should hold out until you get an offer of at least 110% of your "usual" rate ( how else are you going to progress in the world? )

                    Or until you have to sell a kidney to pay your mortgage.

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                      #20
                      Unless the client offers blowjob Tuesday's then walk.

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