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What % Increase Is Typical on Contract Extension?

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    #21
    Originally posted by Hoff
    I got a 25% increase at the first renewal stage about a year ago - negotiations directly with the client.

    I started at the minimum offered by the agency (rate: x-y £/hr) and I asked for the top amount when the renewal came around. Seemed to be quite fair to me - the agency were touting the role for that much in the first place.
    The mistake you made there was not going in at the top rate to start with If a role is advertised with a rate range I always go in at the top - as the client is obviously willing to pay it! Has worked so far...
    "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


    Thomas Jefferson

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      #22
      As Rupe says, all that means is you were being ripped off for duration of the first contract. Which is hardly worthy of bragging.
      His heart is in the right place - shame we can't say the same about his brain...

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