Notices
Computer & Technology Related Post here for help and discussion of computing and related technology. Internet, TVs, phones, consoles, computers, tablets and any other gadgets.

IT Contractors in Banking?

Thread Tools
 
Search this Thread
 
Old May 21, 2002 | 03:59 PM
  #1  
Jodster's Avatar
Jodster
Thread Starter
Scooby Regular
 
Joined: Dec 2001
Posts: 536
Likes: 0
From: Sutton, Surrey
Post

Be prepared, I work for Barclays Enable, the banks IT subsidary, and have found out today they are terminating all contracts as of end of June. If they still need you skills, they will offer you a new contract at a 20% reduction in your current rate. It could be a move that the other banks will follow. Belt tightens....
Reply
Old May 21, 2002 | 04:41 PM
  #2  
MarkO's Avatar
MarkO
Scooby Regular
 
Joined: Oct 1998
Posts: 4,891
Likes: 0
From: London
Cool

Funny that. I work in a bank, and two months ago got renewed for 12 months, with a 12% rate rise in the contract to kick in in September.

BTW, it's not Barclays.
Reply
Old May 21, 2002 | 04:47 PM
  #3  
ChrisB's Avatar
ChrisB
Moderator
 
Joined: Dec 1998
Posts: 23,573
Likes: 0
From: Staffs
Post

Work or just turn up?
Reply
Old May 21, 2002 | 04:49 PM
  #4  
IanW's Avatar
IanW
Scooby Regular
 
Joined: Jul 2001
Posts: 21,865
Likes: 0
Post

The latter and no swearing its w**k
Reply
Old May 21, 2002 | 04:52 PM
  #5  
ChristianR's Avatar
ChristianR
Scooby Regular
iTrader: (1)
 
Joined: May 2001
Posts: 6,329
Likes: 1
From: Europe
Post

barclays - used to work for them - complete PANTS!
Reply
Old May 21, 2002 | 05:37 PM
  #6  
Fosters's Avatar
Fosters
Scooby Regular
 
Joined: Jul 2000
Posts: 2,145
Likes: 0
From: Islington
Post

me too. ditto on the pants.
Reply
Old May 22, 2002 | 07:15 AM
  #7  
MarkO's Avatar
MarkO
Scooby Regular
 
Joined: Oct 1998
Posts: 4,891
Likes: 0
From: London
Cool

What do you think?

Clearly I w**k for my living. You don't think I just sit here and read Scoobynet all day do you?
Reply
Old May 22, 2002 | 09:27 AM
  #8  
Jodster's Avatar
Jodster
Thread Starter
Scooby Regular
 
Joined: Dec 2001
Posts: 536
Likes: 0
From: Sutton, Surrey
Post

Well hopefully I'm staying. The job itself is good and a twenty minute motorycle ride from home. I will take the pay cut to keep my job (I know loads of people out of contract at the moment). I'll wait for the market to pick up (probably 2004) and then push for an increase or move on.

I'm obviously not as specialist as you guys getting increases.

Been contracting 11 years and this is the first time I've taken a cut. I'll be on less than I was earning seven years ago. Buggers.
Reply
Old May 22, 2002 | 09:59 AM
  #9  
MarkO's Avatar
MarkO
Scooby Regular
 
Joined: Oct 1998
Posts: 4,891
Likes: 0
From: London
Thumbs up

A job is better than no job at all. And you can always look for something else whilst you're there.

I wouldn't say I'm particularly specialised - C++/MFC, blah blah (see www.otway.com/cv for the full story ). Just lucky, I guess.

There's work out there though, so keep looking. You'll soon be back up to your old rate.

BTW, don't want to sound funny, but I took the liberty of having a squint at your CV - it's pretty heavy going! I think you need to 'rationalise' the text a bit, and cut it down to 3 pages max (preferably two). If it landed on my desk when I was interviewing, I'm not sure I'd actually see you in your best light - despite you obviously having decent skills and experience.

Time for a "CV tips" thread to go with the interview hints thread from yesterday?

[Edited by MarkO - 5/22/2002 10:04:26 AM]
Reply
Old May 22, 2002 | 10:36 AM
  #10  
IanW's Avatar
IanW
Scooby Regular
 
Joined: Jul 2001
Posts: 21,865
Likes: 0
Post

You don't think I just sit here and read Scoobynet all day do you?
No not at all! not since the let you use the 'Phat Pipe'
Reply
Old May 22, 2002 | 11:16 AM
  #11  
Jodster's Avatar
Jodster
Thread Starter
Scooby Regular
 
Joined: Dec 2001
Posts: 536
Likes: 0
From: Sutton, Surrey
Post

MarkO, thanks for the CV advice. I know, it's something I've been meaning to do for ages.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Justme103
Member's Gallery
16
Dec 13, 2015 09:34 PM
BLU
Computer & Technology Related
11
Oct 2, 2015 12:53 PM
alcazar
Non Scooby Related
5
Sep 18, 2015 11:49 PM
97TURBO
Non Scooby Related
17
Sep 12, 2015 08:35 PM
David Lock
Non Scooby Related
12
Oct 20, 2000 03:52 PM




All times are GMT +1. The time now is 11:20 PM.