We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Agency charging £12.95 per hour for me, yet i'm getting paid £7.00 per hour!
Comments
-
Personally I only work for minimum wages plus 45p/mile and Jobcentre agrees with me. So if I can walk to work then I'll work for minimum wage no problem...However, if the job is 20 miles away then my rate based on a 7.5 hour day is no less than 40*.45/7.5+6.19 = £8.59 per hour. Just an idea for the future so you aren't losing money on the petrol and the lack of benefits when you are working.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
0 -
I don't understand. You were happy with the job / wage until you saw how much the agency was charging their client?
I know £12.95 seems a lot but think of all the things they have to cover from that £5.95 they have remaining after they have paid you.
- Rent
- Wages (payroll, recruitment / cleaners / more)
- Taxes
- Your Holidays
- Insurance
- Advertising
The list goes on and on, and that's before they (hopefully) make a profit.
Your comparison is like going in to a shop, and spending 70p on a bar of chocolate, that the shop keeper has paid 40p for. The 30p "profit" isn't going straight in to the shop keepers pocket, he has loads of overheads to pay as well (similar to the above).
But on a side note, £7 per hour for a (experienced) PA does seem VERY low. Where I am (Glasgow) a temp role will command about £10 an hour and a perm PA role will be about £20-30 k.0 -
If it helps, whilst you cost the hiring company £12.95/hour, if you were on their payroll it would likely be a minimum wage job as well. They wouldn't pay you £12.95 as they would have employee overheads to pay and account for (holiday pay, sick pay, maternity, NI, etc as well as the costs of managing your payroll).
If you believe you're worth more, see the job out and ask for £12/hr for the next role - if you get one, that's great, if you don't, that's market economics in action. Either way, if you were paid £12/hr, the agency would have to charge maybe £18+ to cover holiday, NI, payroll processing, etc., and so it goes on.0 -
I used to be charged out at £100/hour and I got £10/hour.0
-
for an agency or company?PasturesNew wrote: »I used to be charged out at £100/hour and I got £10/hour.We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com0 -
Recruitment Agencies, AHHRRRRGHHHHH:eek::mad:. Unfortunately they appear to be a necessary evil.
In my opinion the Relationship of a Recruitment agency and their candidate is no different to one between a prostitute and their pimp.0 -
My 'time' is charged at about £90 p.h. by my company. I certainly don't earn that.
It also costs more than the 'salary' an employee is charged at to hire them. I seem to remember that whatever you earn, it costs 40% extra to pay for the tax/overheads/training of hiring you0 -
minus the beatings I guess :eek:Recruitment Agencies, AHHRRRRGHHHHH:eek::mad:. Unfortunately they appear to be a necessary evil.
In my opinion the Relationship of a Recruitment agency and their candidate is no different to one between a prostitute and their pimp.We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com0 -
As long as I get paid I couldn't give a fig what the agency is charging for my services. Thought it rather a foolish question to ask on the OP's part, and before accepting I always work out the fuel for my petrol too before I accept or turn it down.0
-
I do some work for an agency (i am a self-employed cleaner). They charge clients £12 p/h and pay me £8 p/h +45p p/mile if they send me more than 5 miles away from the town i live in.
For private clients i charge £10 p/h, but agreed with the agency that i would accept £8 p/h if they could give me regular hours, so they did
Works out well for me!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards