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Spotted on JobServe: Canary Wharf bank (Barclays?) contractor to consultant backfill!

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    #11
    Originally posted by b0redom View Post
    I’ve never looked at fixed term contracts. If you’re engaged in one, are you eligible for permie benefits? Sick pay, holiday etc?
    FTC employees cannot be treated less favourably than permanent employees

    Fixed-term employment contracts: Employees' rights - GOV.UK

    The details would be in the contract. For example, a day rate contract might not be expected to pay on days off and sick pay would likely be statutory only.
    Last edited by Paralytic; 13 October 2019, 21:46.

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      #12
      Most FTCs are quoted on a pro rata wage. Don't think I've seen one on a daily rate and definitely not that high.
      'CUK forum personality of 2011 - Winner - Yes really!!!!

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        #13
        FTC’s usually include holiday, bank holidays etc and staff benefits I.e staff discount.

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          #14
          Originally posted by wiffwaffwaa View Post
          hhhmmm, I'm on the buy side, but I don't know any BA that would go as low as £500. I'd imagine the sell side wouldn't be any lower.
          That depends on your domain specialism, doesn’t it?
          If you’re in Finance that may well be the case.
          "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
          - Voltaire/Benjamin Franklin/Anne Frank...

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            #15
            Originally posted by cojak View Post
            That depends on your domain specialism, doesn’t it?
            If you’re in Finance that may well be the case.
            Also depends on the location. I know BAs on less than that, and a simple search of JobServe shows lots of contracts under £500/day

            Find "BUSINESS ANALYST" Jobs with JobServe.com

            (not sure how long that search link will last, but just search for business analyst/contractor)

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              #16
              Originally posted by Paralytic View Post
              FTC employees cannot be treated less favourably than permanent employees

              Fixed-term employment contracts: Employees' rights - GOV.UK

              The details would be in the contract. For example, a day rate contract might not be expected to pay on days off and sick pay would likely be statutory only.
              Now the bun fight will be who pays the Employers NI.
              Make Mercia Great Again!

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                #17
                Originally posted by wiffwaffwaa View Post
                but I don't know any BA that would go as low as £500.
                *Yet

                Just wait half a year before they start to break.

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                  #18
                  Originally posted by northernladuk View Post
                  Most FTCs are quoted on a pro rata wage. Don't think I've seen one on a daily rate and definitely not that high.
                  I've never seen a FTC that wasn't a pro rata annual salary.

                  I've been offered them before by clients who wanted me to stay longer term. I've always thought it was the worst of both worlds but in the new climate, I suspect FTCs will become more common.

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                    #19
                    Originally posted by edison View Post
                    I've never seen a FTC that wasn't a pro rata annual salary.

                    I've been offered them before by clients who wanted me to stay longer term. I've always thought it was the worst of both worlds but in the new climate, I suspect FTCs will become more common.
                    What about this one?

                    https://www.contractoruk.com/forums/...ml#post2688875



                    I wonder if this the client/agent trying to be smart and entice people who would otherwise bypass FTCs; so they're taking the equivalent annual salary (pre pro-rata) and diving it by ~220 to give a day rate.
                    Last edited by Paralytic; 14 October 2019, 09:28.

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                      #20
                      Originally posted by b0redom View Post
                      I’ve never looked at fixed term contracts. If you’re engaged in one, are you eligible for permie benefits? Sick pay, holiday etc?
                      I think you are eligible for permie benefits if you are engaged in a FTC. Was working with a colleague once who was on a FTC and he had everything I had (I was a permie at the time): holiday, sick pay, pension, flexi time, training and events tickets. In practice he was a permie but had to go through contract renewals every X months until he was made permanent.

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