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Employment - daily rate and salary

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Old 07 April 2012, 01:11 AM
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tarmac terror
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Default Employment - daily rate and salary

I have been offered a contract of employment with a small company. The company charges out its services based on a daily rate.

I know how much I will be sold to the clients that I work for in terms of a day rate - is there a direct correlation between the day rate charged to clients and the salary of the person delivering the service? What I mean is, if my new company sells my services at a rate of £500 per day, can I expect to be paid a salary equivalent to £100, £200 or £300 per day? or is the company likely to offer me a salary that they think is matched to my experience, and sell their service for what ever rates they choose?

Last edited by tarmac terror; 07 April 2012 at 01:12 AM.
Old 07 April 2012, 02:04 AM
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DT-SPD
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In my experience the company would pay you based on your experience and charge you out for as much as they can.
Old 07 April 2012, 03:16 AM
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GC8
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Which is somewhat like saying that theyll charge as much as they can get away with, whilst paying you as little as they can get away with...

Theres no correlation between the two rates though.
Old 07 April 2012, 07:08 AM
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lordharding
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No connection at all
My old company used to charge me at £100 per hour consultancy and I used to get £20 aprox
Companies will charge as much as the market rate and pay you as little as possible to employ you and retain you
Old 07 April 2012, 07:53 AM
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Ant
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Wouldnt it be easier to ask your pimp a out the rates?

Old 07 April 2012, 09:04 AM
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JohnSmith
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I used to get charged out at 1050 a day, 950 a day to good customers. If it was far away an additional 120 a day expenses charge was added

That was early 2000-2004 I guess when the market rates were that high

Recently its around 5-600 mark with no expenses and sometimes as low as 350 a day depending on the customer

Like others have said, it is what you can get away with charging against market rates etc

In all of the above scenarios I got paid approx 100 a day gross, plus company car / fuel card etc
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