Ah, the home loan example was left unfleshed out.

One of my first programming jobs was in the home loans sector, and I saw 
how much mortgage brokers were making then (we're talking $500 an hour, 
etc.), without transparency. Since then some regulation has occurred, and 
mortgage brokers now openly state how they make their money (a sales 
commission structure from banks, I believe).



On Monday, July 16, 2012 9:11:10 AM UTC+10, Nicholas Faiz wrote:
>
> Philoye,
>
> Amusing. :) 
>
> But there is a big difference here. Recruiters offer their services to 
> coders (and potential employers). So I think transparency is fair there. In 
> that sense, it's somewhat similar to speaking with a mortgage broker, who 
> will act as a middle man and find you the best loan.
>
> I'm happy to explain what I earn to an employer, or a recruiter, and to go 
> through it and justify it. This is a somewhat moot point, as they have to 
> find out anyway. I think it'd be *terrific* if I saw a similar transparency 
> from a recruter.
>
> And note, this doesn't mean Ash has to explain things en masse to the 
> group. I'd just think it'd be a reform of sorts if recruiters began be 
> explaining how they take their cut, as middle men often do. It'd be a 
> factor for me when deciding to deal with one.
>
> Cheers,
> Nicholas
>
>
>
> On Monday, July 16, 2012 8:31:28 AM UTC+10, philoye wrote:
>>
>> Nicholas and Stonie, 
>>
>> Something got cut off on your emails. 
>> You know, the part where you post your hourly rate/salary in a public 
>> forum, along with its justification for us all to judge. 
>>
>> p. 
>>
>>
>> On 16/07/2012, at 8:17 AM, Nicholas Faiz wrote: 
>>
>> > Stonie great question! Recruiters who were transparent about what they 
>> charged, and could justify it, would win a lot of ground, I think. 
>>
>>
>> On 15/07/2012, at 11:57 PM, Andrew Stone wrote: 
>>
>> >         • Permanent developer: 100K pa - what is your placement fee? 
>> >         • Contract developer: Client Pays 100ph total (including all on 
>> costs) what is the developer paid ph? 
>>
>>

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