Had a conversation today with Marianne, a recruiter at a staffing company that hires for contracts at Microsoft. The news is that since last September, the hourly rates Microsoft is paying for vendors and contractors has gone down, and while she was able to place people at the top of the payrange, she's now only able to secure the low- to medium-level pay rate. (Never mind that several contracts have disappeared, as budgets for projects are getting cut.)
So, if I land another contract with my favorite software giant, it'll probably be at a 20-25% pay rate reduction. Not happy news, this. Nope.
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