Management at the client have openly stated multiple times that they “hate” Softworld. All 6 Softworld contractors, including me, were laid off at the same time. All other consultants from other companies stayed on, even though many of those consultants were not as competent. Although Softworld consultants constantly received praise for the quality of work that we delivered, we were abruptly let go because of some sort of feud between the two companies.
Softworld makes a fortune off of you, relative to other staffing vendors. I saw my bill rate to the client’s project and it was about $30/hour over my pay rate. That means they are making about $60k/year from my work just for writing me paychecks. The benefits are nonexistent. No PTO/vacation/sick days/holidays, 401k matching, or expense reimbursement. The health insurance they offer is pretty pathetic and we’d have to pay almost $600/month for minimal coverage.
I’ve approached Softworld’s management to inquire about why they’re getting hate and why they take such a huge cut of our pay and they just play dumb with us. They also played ignorant when I asked them about the wave of layoffs. It’s pretty insulting.