Rate Increase Advice

[northernladuk]

I disagree with the "rocking the boat" comment. Its business. As long as its done professionally then why would client take offence and deem it as "rocking the boat". You ask they say yes or no - as long as you're not a tit about it....

Then again, 1% is not worth bothering with I will agree.

But you've got input it in to context as vadhert did. Sometimes it's worth it, sometimes it isn't and is this case it isnt. Also the general 'it is business ' line isn't across the board. There is a good way to business and a bad way.

[stek]

Were you developing their contract management system?

Nope just a noob contractor. One agency was Rullion too!

In those days you could easily outsmart HMRC, claimed all sorts! No fun now..

[Old Greg]

But you've got input it in to context as vadhert did. Sometimes it's worth it, sometimes it isn't and is this case it isnt. Also the general 'it is business ' line isn't across the board. There is a good way to business and a bad way.

Thank you for that coherent explanation.

[northernladuk]

Thank you for that coherent explanation.

Thank you. It's easy when the first bottle of White Lightening of the day kicks in.

[Old Greg]

Thank you. It's easy when the first bottle of White Lightening of the day kicks in.

Ah, our cousins in the North.

[LondonManc]

If you feel that you need a rate increase at an extension, you've got to be able to justify it as the managing director of your ltd co, not from an employee viewpoint. Areas on which to base a rate increase include:
- increased value; been there a year, adding 10-20% more value than last year
- increased costs; if your costs of operating with this client are going up, you may feel able/brave enough to try and pass those on
Reasons not to ask for an extension:
- cost of living (a permie reason)
- got them over a barrel (you're meant to be building a business relationship, not ending one)

Not an exhaustive list by any stretch but you've got to think about rate increases as a business, not as an individual.

[psychocandy]

The thing is PC, there is no way of appearing professional when asking for a 1% increase.

Yeh maybe. 1% is a waste of everyones time. If you're gonna to start something make it worthwhile.

Ask for 1% and get it agreed then when you ask next time they're going to say "but we gave you an increase last time"

[Old Greg]

Yeh maybe. 1% is a waste of everyones time. If you're gonna to start something make it worthwhile.

Ask for 1% and get it agreed then when you ask next time they're going to say "but we gave you an increase last time"

I wonder if the OP sorted out negotiating positions: I'd like 1%, but I'll settle for 0.4%.

[pr1]

EE do it every year - the difference is they tell you rather than asking (and hide something in their terms+conditions) - put it in your contract from day 1 and you're golden!

What the 2016 EE price changes mean for you

[northernladuk]

If the OP thinks he's is a business and believes this to be a valid way to do business I wonder if he realises many suppliers at large clients are contractually obliged to reduce their costs by 5/10% at each renewal? Can't think he'll be overly happy with that.