Hi All
Being in IT and mucking about the other day, I figured out how to access the finance figures for all the contractors at the client site. The agency charges the client a daily rate of 6 and a bob for me. I earn a £450 daily rate. As a comparison, the blonde sitting next to me with the short skirt but does nothing useful, you know, the one who always join the managers for after work drinks, gets a daily rate of 6.5 with change. I figure she's on 500 a day. We are both represented by different agencies.
Can anyone with some experience in these matters tell me how to calculate how much the agency takes? I'm assuming the agency charges the employer's tax - 13.8%. Not sure whether there are any other taxes or fees to consider.
TIA
Being in IT and mucking about the other day, I figured out how to access the finance figures for all the contractors at the client site. The agency charges the client a daily rate of 6 and a bob for me. I earn a £450 daily rate. As a comparison, the blonde sitting next to me with the short skirt but does nothing useful, you know, the one who always join the managers for after work drinks, gets a daily rate of 6.5 with change. I figure she's on 500 a day. We are both represented by different agencies.
Can anyone with some experience in these matters tell me how to calculate how much the agency takes? I'm assuming the agency charges the employer's tax - 13.8%. Not sure whether there are any other taxes or fees to consider.
TIA
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