Rates falling like an anvil down a well

[swamp]

Just spotted the following investment banking Java contracts on Jobserve

http://www.jobserve.com/WEA0DDC489C93ECE6.jsjob

http://www.jobserve.com/WFF7E71CB95889CC4.jsjob

and

http://www.jobserve.com/W64091997BE550B28.jsjob

"4-5 years of strong J2EE/Java development skills with strong Server Java Programming experience Java, EJBs, Servlets, JMS, JDBC, WebLogic, Databases etc. Investment banking experience must" ... "£160 a day"



Not much better outside of banking either

http://www.jobserve.com/W87E3C2E329DF37D3.jsjob

http://www.jobserve.com/WDE7FBBA9ACC34FED.jsjob

[DiscoStu]

You sure it's not just a Java thing? Testing rates seem to be holding up fairly well.

[NetwkSupport]

I think its just an IB thing, perhaps agencys using credit crunch as a spin to reduce rates and increase their margins....

[Sockpuppet]

Probably pimps just trying it on. If no-one takes it they'll go for the real rate next week.

Rates in logistics seem to be holding up pretty well.

That and I'm about to jump ship. Been offered a contract working in France, Belgium, Germany and Holland. Boomed squared.

When the going gets tough...become an expat.

[ratewhore]

I think its just an IB thing, perhaps agencys using credit crunch as a spin to reduce rates and increase their margins....

I concur.

[moorfield]

I think a better title for this thread is "Agents margins rising like a hot air baloon preying on contractors fears of imminent unemployment."

I'm still getting plenty of IB/Java calls, in fact I have an interview lined up soon.

[NetwkSupport]

That and I'm about to jump ship. Been offered a contract working in France, Belgium, Germany and Holland. Boomed squared.

i wanna jump ship too!!! gissa contract....

[NetwkSupport]

I'm still getting plenty of IB/Java calls, in fact I have an interview lined up soon

most IB's really need a strong back end in these troubling times, the last thing they need is a major IT issue in the middle of this trading environment.

[moorfield]

most IB's really need a strong back end in these troubling times, the last thing they need is a major IT issue in the middle of this trading environment.

I can assure you my back end is quite stong enough.

That reminds me, I should change my avatar back now.

[HeliCraig]

I think a better title for this thread is "Agents margins rising like a hot air baloon preying on contractors fears of imminent unemployment.".

WHS