Quote:
Originally Posted by Unregistered
I am offered a job with one of the MNC in the oil and gas industry. Instead of permanent position, they offered me a 12 months contract and they asked me to select an agency to act as my representative. The agency has come back with an offer but is 20% lower than my expectation. In fact it is even slightly lower than my current annual package, as according to the agent, there will be no AWS nor bonus and I know the perm staffs are getting AWS + bonus.
In the first place, I don't understand why the company is getting an agency to be involved to act as my representative, as I applied directly to the company itself. Is this normal practice, anyone had similar experience? Is it possible that the agency is offering me much lower than what the company is actually paying them? Anything I can do?
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Basically they don't want you as their headcount which allows them to terminate you with short notice anytime they want based on their own contract with the agency as a service level agreement.
Agencies will take a cut of what the company pay them and technically speaking you cannot put yourself as a staff of the mnc as you are an employee of the agency. Your payslip, contract, records and everything else will be based on the agency. The mnc HR will also not verify you for future reference as technically they don't consider you as part of their company.
Generally speaking I don't recommend anyone with a perm job switch to become an ad-hoc contractor unless you like to work on a project basis and the pay offered is at least 40% higher. Occasionally semi-retired experienced engineers sometimes take up such contracting assignments as a way to make quick bucks and pass time.