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Day Rate Contracts

I am considering adopting day rate contracts for permanent employees. Can you share your experience

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We are considering moving some of our workers onto day rate contracts.  I have not operated this type of contract for permenent employees before, only consultants/ contractors, and would love to hear from anyone else who has experience operating this type of contract.  I am interested in looking at WTD and also NMW in connection with this change.   If you have any experience I would be very grateful if you could contact me to share.

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