Feeds

IBM joins rivals in cutting contractor rates

300 face Spartan rates

Next gen security for virtualised datacentres

IBM UK is cutting some contractor rates.

IBM UK uses Hays, a specialist recruitment group, as a source for contract staff. According to Claire Fowler at Hays, "This week technical subcontractors engaged on IBM business have been notified of changes to their daily rates."

She added that Hays always tries to ensure rates are fair and appropriate within the marketplace.

It is understood from another source that a limited group of up to 300 contractors are involved, not the entirety of IBM UK's contract employees. Neither IBM nor Hays was willing to reveal the total number of contractors working for IBM UK.

A June 2003 source mentions 20,000 permanent employees at IBM UK with 5,000 contract staff, and it seems a fair bet that numbers will have increased since then.

A person familiar with the IBM UK contracting arrangements said: "IBM (is) to request that all contractors in the UK take a ten per cent cut in their rate or risk termination. This has succeeded in annoying the heck out of everyone. Most expected it, but given the record profits last year and the forecast, it has been seen as a slap in the face by some."

We understand that this rate cut may have come from IBM US and some people think that it has relevance to the potential purchase of Sun, but it may just be opportunistic given that BT and Cap Gemini are are doing the same. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.