HSBC bans its consultancies from supplying limited company contractors HSBC bans its consultancies from supplying limited company contractors - Page 3
Page 3 of 3 FirstFirst 123
Posts 21 to 27 of 27
  1. #21

    Respect my authoritah!

    NotAllThere's Avatar
    Join Date
    Aug 2007
    Location
    Far away from HMRC
    Posts
    21,581

    Default

    Quote Originally Posted by Anubis View Post
    "skilled people". Not cheap as chips robots. People who can think for themselves and specialize in something
    Sadly, the people who make decisions about outsourcing consider IT workers to be all of equal value. They also fail to understand that if someone on £800 a day fixes an issue in one hour, that's cheaper than someone on £80 a day fixing the issue in 2 days.
    Boomers tend to believe in “freedom of speech”, which is a fascist concept used to spread hateful ideas.Given that hate speech is not possible without free speech, any defence of free speech is a form of hate speech. - Titania McGrath

  2. #22

    I Am Legend


    Join Date
    Aug 2006
    Posts
    105,563

    Default

    Quote Originally Posted by NotAllThere View Post
    Sadly, the people who make decisions about outsourcing consider IT workers to be all of equal value. They also fail to understand that if someone on £800 a day fixes an issue in one hour, that's cheaper than someone on £80 a day fixing the issue in 2 days.
    Every year I have seen the quality of the off-shored people increase. One reason why I am pleased I moved from a bank to a software house. Instead of a cost centre I am a profit centre.
    Fight HMRC now! Help sue HMRC individual officers/government ministers for malfeasance in office. Visit https://www.loanchargejustice.com/ and scroll to the bottom of the page to donate.

  3. #23

    Contractor Among Contractors

    GhostofTarbera's Avatar
    Join Date
    May 2018
    Posts
    1,154

    Default

    Probably sees them a tax dodgers

    Probably right


    Sent from my iPhone using Contractor UK Forum

  4. #24

    More time posting than coding

    krytonsheep's Avatar
    Join Date
    Nov 2008
    Posts
    208

    Default

    Quote Originally Posted by Anubis View Post
    HSBC move will backfire.
    Absolutely. It's basic math. If they have a product / service that is going to make xx million a year. Not hiring the best people is going cost them x million a month because they can't get the thing out of the door on time.

    As the author Jim Collins of Good to Great says "First, get the right people on the bus".

    You will still get good permies, but contractors tend to be on another level because they haven't had the life sucked out of them by the corporate bulltulip.

  5. #25

    Super poster

    ladymuck's Avatar
    Join Date
    Sep 2005
    Location
    London
    Posts
    4,708

    Default

    There are probably too many permanent contractors there who are fully embedded in the organisation and they have been allowed to stay because the lack of head count looks good on the books.

    Perhaps a shake up of resourcing will be good for the bank, as permies who've relied on contractors to cover up their ineptitude will be exposed. (I hear this is happening at Gatwick)

    What I don't like is the message this approach gives both the market and HMRC.

    Yes, take the forthcoming change and use it to positively influence how you operate your organisation. No, don't deliver HMRC's propaganda to them on a silver platter.

  6. #26

    More time posting than coding


    Join Date
    Jul 2019
    Posts
    490

    Default

    Quote Originally Posted by genius View Post
    And this is true. I'm yet to find a single poster on here who isn't an average joe waster coasting in his overpaid cushy role which has always been inside IR35 (not that you'll ever admit it because you work from home on a Tuesday). Well, they've finally caught up with you.
    I did forget to thank you for that time you spent reviewing my working practices with my client. So, thank-you. Where do I send the invoice? The IR35 determination based on that work will be in the post.

  7. #27

    Still gathering requirements...


    Join Date
    Sep 2011
    Posts
    72

    Default

    Quote Originally Posted by BrilloPad View Post
    The view from HSBC directors(via a friend) is that the contractors are overpaid
    I couldn't agree more with those directors, making ends meet on their annual packages of £3-6m.

    Greedy, greedy contractors

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •