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is this a troll or what ?

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Steve Davies

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Jul 25, 2002, 8:58:28 AM7/25/02
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from uk.jobs.offered

50% !!!!


IT Recruitment Consultants fully supported working at home (Work from home
with full supprt services)
------------------------------------------------
Linkforce Recruitment Limited
Contact Recruitment Team
Email. rec...@linkforce.co.uk
Tel. 01372 375397
Fax. 01372 209040
Web. <http://www.linkforce.co.uk>
------------------------------------------------

Location
Work from home with full supprt services
Start Date
Immediate Start
This is a Permanent position
Salary
50% of total gross billing + expenses to max 10%
of billing
Skills
A state of the art IT Recruitment Company is
setting up a comprehensive support services
function for experienced IT Recruitment
Consultants who wish to set up their recruitment
desk working from home on a schedule D basis. You
will be provided with the latest laptop computer
technology/internet/
printer/fax/scanner/copier/telephone
system/business cards & stationary. You will be
supported by head office who will provide full
practice administration services/practice support
visits/training/monthly best practice
forums/payroll/incentives. This is your
opportunity to be your own boss setting your own
sales targets & hours of work. You will recieve
50% of your client invoices e.g. bill £150,000 and
be paid £75,000 gross income plus 10% billing
towards expenses e.g. £15,000. You can run a dual
desk (Permanent & Contract) and recruit worldwide.
You will have the opportunity to mix with high
volume achievers at monthly meetings.
Requirements: must have a minimum of two years
experience in an IT Recruitment Company. Must be
able to produce your last 12 months billing
figures at interview. Must have access to your own
clients and be competent at generating new
clients. Interviews will be taking place locally
in the strictest confidence.
Reference
NG_BJ7000 MARS

------------------------------------------------------

Posted by the Castle Links AMS http://www.castlelink.co.uk


Ian

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Jul 25, 2002, 9:08:24 AM7/25/02
to
> Reference
> NG_BJ7000 MARS

hint--->-----------^---------- another planet?

Stevee

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Jul 25, 2002, 9:23:40 AM7/25/02
to

> will be provided with the latest laptop computer

I want an Apple Titanium, please.

Roy Omond

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Jul 25, 2002, 10:36:20 AM7/25/02
to
Stevee wrote:

> > will be provided with the latest laptop computer
>
> I want an Apple Titanium, please.

Would you like fries with that, sir ?


John Hill

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Jul 25, 2002, 12:14:02 PM7/25/02
to
On Thu, 25 Jul 2002 13:58:28 +0100, "Steve Davies"
<steve....@tiscali.co.uk> wrote:

>from uk.jobs.offered
>
>50% !!!!
>
>
>IT Recruitment Consultants fully supported working at home (Work from home
>with full supprt services)


50% of the margin. Contractors businessmen not

JH

co...@nospam.hotmail.com

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Jul 25, 2002, 3:53:07 PM7/25/02
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On Thu, 25 Jul 2002 17:14:02 +0100, John Hill <jo...@recruitcrm.co.uk>
wrote:

Lets see. You have to supply your own clients. You have to generate
more work from other clients. You really only get paid IF you have
people placed. And someone else gets 50% for doing - what????

I think I might set up my own firm.

Steve Davies

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Jul 25, 2002, 3:58:33 PM7/25/02
to
nope
its

50% of total gross billing + expenses to max 10%
of billing

"John Hill" <jo...@recruitcrm.co.uk> wrote in message
news:ft80kug3f61k2vnic...@4ax.com...

John Hill

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Jul 25, 2002, 4:39:06 PM7/25/02
to
On Thu, 25 Jul 2002 20:58:33 +0100, "Steve Davies"
<steve....@tiscali.co.uk> wrote:

>nope
>its
>
> 50% of total gross billing + expenses to max 10%
> of billing


exactly.

L:et me explain

Contractor £100 per day
Agent's margin (gross billing) £20 per day
Agent gets paid £10

Permie £30k
Gross billing £ 9k
Agent gets £4.5k


Net Profit margins for employer about £1.5k per agent with 10 agents
turning over £100k

JH

Steve Davies

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Jul 25, 2002, 7:49:26 PM7/25/02
to
Thank you John,
So customer pays 120 per day in your example.
Like a plonker (did I say like ? so close that most couldn't tell the
difference) I thought Gross Billing was the Gross Bill to the customer i.e.
the total billed without any deductions but then hey I am a computer nerd
not an accountant.

Steve

"John Hill" <jo...@recruitcrm.co.uk> wrote in message

news:d7o0ku4n774hvf68d...@4ax.com...

Roy Brown

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Jul 25, 2002, 7:52:40 PM7/25/02
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In message <d7o0ku4n774hvf68d...@4ax.com>, John Hill
<jo...@recruitcrm.co.uk> writes

>On Thu, 25 Jul 2002 20:58:33 +0100, "Steve Davies"
><steve....@tiscali.co.uk> wrote:
>
>>nope
>>its
>>
>> 50% of total gross billing + expenses to max 10%
>> of billing
>
>
>exactly.
>
>L:et me explain
>
>Contractor £100 per day
>Agent's margin (gross billing) £20 per day
>Agent gets paid £10

But may confidently be expected to take £12 by maxing out his expense
entitlement....

>Permie £30k
>Gross billing £ 9k
>Agent gets £4.5k

£5.4k by the same token...

>Net Profit margins for employer about £1.5k per agent with 10 agents
>turning over £100k

Thank you John.

I would have assumed that the gross billing was the £120 that the Agent
bills the Client. But I see from the above that it isn't.

Bit confusing... so what *do* you call the £120? Is that the turnover?

But that £1.5k keeps coming out to £6.7k when I run your numbers...

10 agents turning over £100k each = £1m.
Gross Margin = 1/6th of this (20/120%) = £166.7k
Agents get 60% of this = £100k
Employer margin = £66.7k
Margin per agent = £6.7k

(I know the number of agents cancels out of the equation when you go
back to margin per agent, but I've left this in, in case it's the way
agencies do things (or try to throw contractors off the scent)).

Either I don't understand, or you can't run the numbers. Or when Agents
receive £6.7k, they genuinely think they've only had £1.5k - that would
explain a *lot*....

I see these Linkforce people are silent on the topics of advertising
costs, and on the cash-flow funding implications of those b*st*rd
contractors who want their money straight away, while you have to wait
for the client to pay up a month or two later. Or worse.... I guess the
10% expenses is meant to fund that....

So let's sum up... they want experienced recruiters with an already
existing contacts book of clients... (and presumably contractors too,
though all you have to do today to get those is go into a McDonalds and
whistle)....and for a bunch of nebulous 'support services' (such as any
contractor provides for him/herself on a Sunday afternoon, and with the
odd visit to his/her accountant, and the odd evening out networking)
they want 40% of what you earn?

Which is going to be way more than 40% of what *you* eventually wind up
with, as you have all those advertising, cash-flow, and telephone costs,
not to mention the car, etc.....

But let's be charitable, and assume the 10% covers it... so you get 50%,
Linkforce 40%

Double up (to normalize your Agent's 50% to match a Contractor's 100%) -
and you find Linkforce are taking a breathtaking 80% margin.

Far canal.


--
Roy Brown 'Have nothing in your houses that you do not know to be
Kelmscott Ltd useful, or believe to be beautiful' William Morris

John Hill

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Jul 26, 2002, 3:55:44 AM7/26/02
to
On Fri, 26 Jul 2002 00:52:40 +0100, Roy Brown
<r...@acanthus.demon.co.uk> wrote:

>Bit confusing... so what *do* you call the £120? Is that the turnover?

Sales or turnover I guess

JH

John Hill

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Jul 26, 2002, 3:56:39 AM7/26/02
to
On Fri, 26 Jul 2002 00:52:40 +0100, Roy Brown
<r...@acanthus.demon.co.uk> wrote:

>Either I don't understand, or you can't run the numbers. Or when Agents

>receive Ł6.7k, they genuinely think they've only had Ł1.5k - that would
>explain a *lot*....


Ł1.5k is the profit to Linkforce (in my example)

JH

Jim Lawton

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Jul 26, 2002, 4:09:49 AM7/26/02
to
On Thu, 25 Jul 2002 13:58:28 +0100, "Steve Davies"
<steve....@tiscali.co.uk> wrote:

snipe

>Start Date
> Immediate Start
>This is a Permanent position

no it's not - it's to be Schedule D later on

>Salary
> 50% of total gross billing + expenses to max 10%
> of billing
>Skills
> A state of the art IT Recruitment Company is
> setting up a comprehensive support services
> function for experienced IT Recruitment
> Consultants who wish to set up their recruitment
> desk working from home on a schedule D basis. You


Schedule D? .. but won't all the income come from the instigator of
this scam, sorry scheme? Don't think the IR will like that.


snoop
Jim

Roy Brown

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Jul 26, 2002, 8:07:21 AM7/26/02
to
"John Hill" <jo...@recruitcrm.co.uk> wrote in message
news:p402kusac4coqnuh9...@4ax.com

> On Fri, 26 Jul 2002 00:52:40 +0100, Roy Brown
> <r...@acanthus.demon.co.uk> wrote:
>
>> Either I don't understand, or you can't run the numbers. Or when
>> Agents receive £6.7k, they genuinely think they've only had £1.5k -

>> that would explain a *lot*....
>
>
> £1.5k is the profit to Linkforce (in my example)


Yes, you said that...

But I showed my workings-out, and got £6.7k

Could you please either tell me where I went wrong, or what factor I missed,
or show your workings-out?

As I can't see how you arrive at only £1.5k :-(

--
Roy Brown

Posting with the OEnemy, tamed by OE-QuoteFix
http://jump.to/oe-quotefix

John Hill

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Jul 26, 2002, 1:21:02 PM7/26/02
to
On Fri, 26 Jul 2002 08:09:49 GMT, jiml...@tabbytail.freeserve.co.uk
(Jim Lawton) wrote:

>Schedule D? .. but won't all the income come from the instigator of
>this scam, sorry scheme? Don't think the IR will like that.

How do make this a scam and why does it effect you ?

JH

Jim Lawton

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Jul 27, 2002, 7:29:21 AM7/27/02
to
On Fri, 26 Jul 2002 18:21:02 +0100, John Hill <jo...@recruitcrm.co.uk>
wrote:

>On Fri, 26 Jul 2002 08:09:49 GMT, jiml...@tabbytail.freeserve.co.uk


It doesn't affect me in the least ... thios is an open forum where we
can all have our say, rational, irrational, pants or whatever. The
heading is, is this a troll? It has the *feel* of a scam to me. It
might not be, but I would want to be very clear that the IR would
accept this as self employment, because the instigator is providing
the kit, and presumably being billed for the "commission". Why won't
the recruiters need Ltd's? Why won't they then fall into IR35?.

The instigator is trying to make the recruiters into home workers
without benefit of emploment rights, looks like.

Jim

>
>JH

Roy Brown

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Jul 29, 2002, 5:12:02 AM7/29/02
to
"Jim Lawton" <jiml...@tabbytail.freeserve.co.uk> wrote in message
news:3d4282a...@news.ntlworld.com


> It doesn't affect me in the least ... this is an open forum where we


> can all have our say, rational, irrational, pants or whatever. The
> heading is, is this a troll? It has the *feel* of a scam to me. It
> might not be, but I would want to be very clear that the IR would
> accept this as self employment, because the instigator is providing
> the kit, and presumably being billed for the "commission".

Are you sure? It struck me that though the ad might give this impression,
all they were actually providing was some software that would run on a
laptop.
In which context, of course, 'laptop' is an odd choice. Bet they expect you
to buy a laptop.....and a desktop won't do....

> Why won't the recruiters need Ltd's? Why won't they then fall into IR35?

Because, in a setup like this, the money passes from the 'Agent' to the
'Instigator', and not the other way round. (Even if they do his billing for
him, it'll still be the agent's money...)

So you have a self-employed, highly experienced, Agent, working more or less
totally off his own bat, and passing these people money for whatever...


> The instigator is trying to make the recruiters into home workers

> without benefit of employment rights, looks like.

Well, I don't know.... who advertises, and under what name? Do these people
do 'centralised' ads? If so, how do they parcel out the leads?

I think they are kind of like being a franchised Estate Agent, where similar
arrangements apply, and an experienced EA, wanting to set up on his own, can
either try to make his own name, or take a franchise from an established
name, and thus buy into an infrastructure.

The difference, though, is that as property is by and large immobile, it is
easy to define an Estate Agent's 'patch', so all the buying and selling on
that patch goes, unequivocally, to the local franchisee. But this doesn't
apply to recruiting.... Or maybe they think it does... aaargh...

The other thing is 'established name'. You might want a franchise off a
well-known name, like 'Computer People', or 'Sandersons', or whatever. But a
totally unknown company starting from scratch, with a name no-one knows -
where's the logic in it?

My guess is that this is a bunch of unemployed contractors who've got
together to see if they can't exact revenge on agents as a breed. In which
case, good on you lads, but I don't think even agents are *that* stupid....

Jim Lawton

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Jul 29, 2002, 1:52:35 PM7/29/02
to
On Mon, 29 Jul 2002 10:12:02 +0100, "Roy Brown"
<r...@acanthus.demon.co.uk> wrote:

>"Jim Lawton" <jiml...@tabbytail.freeserve.co.uk> wrote in message

snip

>Are you sure? It struck me that though the ad might give this impression,
>all they were actually providing was some software that would run on a
>laptop.

oh, maybe your right, but I read this bit :-

You will be provided with the latest laptop computer
technology/internet/ printer/fax/scanner/copier/telephone
system/business cards & stationary

as

You will be provided with the latest laptop computer

but now I see all that first bit might be attached to the
/////////system

ans what you actually get is ...

business cards & stationary

makes it look even more scammy to me :-)
Jim

snip lucid and sensible stuff

Marcus Williamson

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Jul 30, 2002, 5:06:20 PM7/30/02
to

>You will recieve
> 50% of your client invoices

This "agent" can't even spell...

("i" before "e" except after "c"...!)


Roy Brown

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Jul 31, 2002, 3:44:47 PM7/31/02
to
In message <vsvdku80e59oquoev...@4ax.com>, Marcus
Williamson <marcus.w...@myrealbox.com> writes

Such handy rules are one of life's small mercies...... :-)

Jim Lawton

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Aug 1, 2002, 4:18:24 AM8/1/02
to
On Wed, 31 Jul 2002 20:44:47 +0100, Roy Brown
<r...@acanthus.demon.co.uk> wrote:

>In message <vsvdku80e59oquoev...@4ax.com>, Marcus
>Williamson <marcus.w...@myrealbox.com> writes
>>
>>>You will recieve
>>> 50% of your client invoices
>>
>>This "agent" can't even spell...
>>
>>("i" before "e" except after "c"...!)
>
>Such handy rules are one of life's small mercies...... :-)
>

It's only a coding error :-

try
let him recieve small merceis
except
on cei error do
begin
cei := cie; // shorthand
cie := cei; // ditto
end

oh and incidentally :-

Such handy rules are one of life's small mercies...... :-

*are* one ? I think not :-)

now, let's all f*** off to alt.usage.english and get eaten by the
grammar crocodiles eh?

Jim
jimlawton.info

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