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Shout99 - Freelancers, FO35, Section 660
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Shout99 - Freelancers, FO35, Section 660
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Reports of tie-up with Hays and BT
by Susie Hughes at 19:22 28/02/03 (News on Agents)
Reports are circulating that BT has signed a single-agency agreement with Hays IT to provide all its IT contractor resources.
Shout99 has been told that BT has told Hays to accept a three per cent margin and that every contractor earning more than 15 an hour must agree to a rate cut of 12.5 per cent from April 1. For some contractors this will be the second rate cut in a year. The alternative, it is reported, is an immediate four weeks' notice.

It is alleged that freelancers who work for BT through other agencies would be transferred to Hays. This means that many agencies could lose a significant number of contractors, and contractors are being transferred to Hays without having a say in the matter.

Feelings are running high among freelancers within BT. One contractor told Shout99: "I think the days of the freelance computer contractor will be numbered if big companies can work in collusion with the contractor's agents in this way.

"It looks like big business has started to operate in cartel with like-minded companies to drive down rates thus avoiding the free market."

Hays neither confirmed nor denied the reports. The company will be presenting its first half results next week (March 4) and the outcome of its full strategic review. It is not expected to comment on these reports until after the results.

If you wish to comment on this article, please use the Reply button below. You need to be logged on to comment. Registering on the site is free and easy to do through 'Join Shout99'.

Susie Hughes, Shout99.com 2003

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Reports of tie-up with Hays an... Susie Hughes - 28/02
    Everybody out ! mikew - 28/02
    But what can we do? HereWeGoAgain - 28/02
       Do yourself a favour - Get out... Jarmstro - 1/03
       But what can we do? MichaelR - 1/03
          and monkeys might fly to my bu... hendy - 1/03
             I'm Currently contracting at B... MPRoberts121 - 3/03
                There's always someone else :-... mikew - 3/03
                   They will get what they pay MPRoberts121 - 3/03
       Its just been made official MPRoberts121 - 3/03
    BT and Hays DaveGunn - 1/03
       Not a rumour HereWeGoAgain - 1/03
    What about the contract terms ... mikew - 1/03
       on the new contracts... hendy - 1/03
       Agencies cannot claim from Hay... MPRoberts121 - 3/03
    The Register article mikew - 1/03
       One BT = No choice HereWeGoAgain - 1/03
    Is it a sign of a bigger sickn... Ravensmede - 3/03
       Is it a sign of a bigger sickn... MichaelR - 3/03
    expect more!! hendy - 3/03
       this is more bill_w - 6/03
    Stick In There ashto5 - 12/03
       You must be a senior manager a... AndyBarnes - 24/03
          >:) NOT!!! ashto5 - 24/03
    this suxx hitop - 14/03
    Copy BT ashto5 - 24/03
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