Seven percent

How much is 7% worth to you? 

What is the most expensive part of running your business? 

People?    Yes – they are a lovely and very necessary part of making a business.

We often use temporary resources to manage peaks in demand and the cost is typically their day rate plus ten percent.

6prog : make your valuable network VALUABLE.

6prog thinks that is too much. 

Through automation, platform technology and efficiency driven recruitment, the price for delivery of your temporary resources is 3% on 6prog.com.

Continue reading Seven percent

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Job Boards

Job boards. Either lots of jobs or lots of candidates.  What do people think who use them?

I recently attended an industry get-together which had stand after stand of job board companies. Some were actually job board aggregators. I’ve also noticed the larger networking sites drafting in adverts posted elsewhere.

Who is this helping? 

  • the client?
  • the candidate?
  • the job poster? 

I’m not sure. 

This is why 6prog is network focused. We won’t put the candidates through the perpetual cycle of applications and we won’t make clients read profiles repeatedly sent from different job boards. 

This is how we see it:

Review profiles of people > connect to them and invite them to your project > work.

 

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6prog members

A Financial Services Transformation specialist with over 20 years experience within Markets, Banking and IT, across JPMorgan, Deutsche Bank, Credit Suisse and HSBC. Always specialising in change & transformation, roles have included IB COO & CAO functions, M&A Change, Head of HR IT, IT programme management, Middle Office, Finance & Operations Change, and Data Governance.

Effective at managing local and global programmes from inception to live, he has a unique capability to work with both small and large businesses and help them realise the power of block chain. Additionally, he acts as a non-exec director of a number of startup companies (incl. Tectra, WorkGaps, +), as well as managing Crypto portfolios and coin mining.

For more profiles like this see 6prog.com and contact hello@6prog.com if you are interested in talking to the above consultant. Click the logo below to register.

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I have a fundamental vision about supporting people and organisations through change. I am dedicated to encouraging businesses – from start ups to bluechip – to develop and flourish, and ensure the best possible end results.

My substantial expertise in financial services, transport, retail, supply chain, manufacturing, and outsourcing makes a highly influential leader, with an ability to work in matrix environments globally, across multi-cultural and multi-functional teams, engaging stakeholders at all levels.

I am an experienced programme director, running large cross functional teams, coordinating phased moves of people, systems and machinery. By employing synergised processes, I am able to quickly deliver – often exceeding targets – reduced footprints and centralisation, whilst increasing functional capacity and enhancing customer service; resulting in significant savings and benefits. Strong emotional intelligence to be able to rally and deploy extensive operational improvement teams where necessary and to garner the support and focus of the key people around the change – be they client teams or colleagues and associates.

For more profiles like this see 6prog.com and contact hello@6prog.com if you are interested in talking to the above consultant. Click the logo below to register.

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My experience is across strategic initiatives and transformation, technological, regulatory, organisational and cultural change.

Having most recently supported a major global bank to prepare its teams and clients for some of the biggest regulatory shake ups in recent times, I have the proven knowledge and expertise to work with businesses and stakeholders of all levels, to plan and execute projects and programmes effectively; from taking ideas and building business cases, through to realising the expected benefits and vision, along with advising on suitable governance structures and efficient ways of operating.

For more profiles like this see 6prog.com and contact hello@6prog.com if you are interested in talking to the above consultant. Click the logo below to register.

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This company just fixed the most annoying thing about contract recruitment… (hidden margins)

This is not a freelancer ‘sob story’ and neither is this blog about the challenges of procurement leads pushing contract agencies for lower margins.

It’s a story about the human interaction between a project manager and a freelancer.

make your valuable network valuable

Hidden agency margins hurt the freelancer and the manager because neither is able to ascertain what level of work is required or should be expected based on the set fee.

An example:
A project manager hires a developer for 12 months at a cost of £700 per day who is in fact paid £560 by the agency.
For the PM this is a stretch. It is slightly above the ideal budget and now it is a necessity the developer works fast to bring in the work early and come under project budget.
For the developer this is a job taken because of timing and ‘if a better paid job comes along’ it will be hard for the freelancer to reject it.
4 weeks into the project the PM has a one-to-one with the developer to discuss the pace of the work. In theory neither are contractually permitted to disclose the rate. (This only helps the agency and is a policy that is often disregarded).
The PM mentions the stresses they are under on budget control. Casually the freelancer mentions they are also concerned as the agent said budget was a pressure so a low daily rate was applied.
Both sides feel uneasy. Neither side is at fault.

Another example:
A project manager asks an agency to find a developer for a 12 month contract. They do. High fives all round.
The agency supplies an excellent selection of profiles and following some interviews one developer is selected who joins the project a few weeks later.
Unfortunately the management is changed, and the business direction is under question so the project is halted immediately. Two weeks payment is made to the agency and most of this is passed to the freelancer.
All that work for 2 weeks of margin. Is this good trade?

A final example:
A project manager and a freelancer catch up having worked together a few years ago.
As luck would have it, one is in need of a freelancer and the other has just finished a contract.
Procurement policy dictates an agency should be used to manage the papertrail, help on timesheets and invoicing and keep the relationship IR35 friendly.
A call is put in to a known agency … what margin can you charge if I give you a candidate?
(Frankly I’d prefer you offered us the work at our normal margins but) “how about 10%?”
Both sides have done the other a favour yet neither have received one!

As shown by the above it is good news that 6prog designed a platform with managers, freelancers and recruiters’ best interests in mind. An ultra low services charge for paperless paperwork that streamlines the process, a fixed fee for recruitment services (or networking introductions) AND no hidden margins.

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