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> It should be noted that the Citi position advertised on Linkedin is for a full-time UX copywriter with five to eight years of experience, a spokesperson for C
by catchnear4321 4y ago
> It should be noted that the Citi position advertised on Linkedin is for a full-time UX copywriter with five to eight years of experience, a spokesperson for Citi told MarketWatch, and Nguyen is one of 90 Photon employees who are currently providing services to Citi under contract for a project. While the banking giant pays Photon a market-competitive rate for its services, Photon is responsible for negotiating the contractors’ pay rates.
Welcome to corporate America. You don’t work for the company unless you are an employee. If you’re working through a preferred vendor you’re likely underpaid.
From the tweet, “My company…” - again, if you’re talking about the company you’re contracted to, that’s not your company, even if you want it to be.
This wasn’t $90k for the same role at the same company.
The headline is deliberately misleading. Marketwatch can be that way.
- hinata08 4y agoit's not specific to America some countries, especially Germany, have laws against 'renting' workforce so that you can get workers by escaping the union contract you have within your company. But most don't. I'm in France, where it is technically illegal. But 'consulting' firms are among the most powerful companies of the country. Workers at other companies are glad to not share profits with the engineers who truly work. So consulting firms thrive anyway. You can mostly get to work though a vendor, as an engineer. It's very hard to be hired by the company you work for, unless you have connections. Vendors overcharge companies, who would be better off actually hiring workers. But HR at large industrial companies are often so deep into neo-liberal conspiracy theories that they think a person with a working contract and a union will lead the company to its loss. (while always being bailed out by the government). For example the power company (EDF) has made so many workers redundant in the past decade, that they now struggles to operate nuclear power plants and can't find anyone who still works with steel to maintain them. (they've been so poorly managed that they're being 'renationalized', another fancy work for bailed out before they collapse) However, consulting has become so big, and large industrial companies have lost so much knowledge by getting consultants and subcontractors, that you now can now make a bit more money by working with these vendors. So, to summarize, HR and a few top workers thought they would make a lot more money by getting contractors. But contractors aren't hired or bound to their company anymore, know what they tried to do, and don't care about charging high rates and extra services.