Rate Increase Advice

[sandybeach]

Hi i know there are a ton of threads on this and i have had a read of a good chunk of them, what i would like is your opinion if what i asked for was fair and if what i plan to do is the only real option.

Thanks and here goes.

So i have been contracting for a year and a month now (three month contracts, so 4 renewals) and and i asked for a 1% increase to match inflation, i got told no to the extension and offered a 2 month contract.

Not what i was after but i accepted so im just not out of work and having to search for a new job and finishing an exam at the same time.

I hard balled the agency i am with and i know after speaking to my manager who i get on with really well the agency gets 8% and me the rest. I get on great with the team, clients, business and enjoy the job and role.

I just am a bit miffed that i can't get a 1% increase just to meet inflation which was the reason i asked for the increase, i went directly to my manager rather than the agency.

So i am thinking the only option i have now is to suck it up or find a new role elsewhere which will pay me more.

I am keeping in quiet about me wanting to leave but when i find another contract then i can use that to my advantage to get an increase or i walk into another contract so it wont affect me either way.

That is my current plan unless you fine people have any others ?

[northernladuk]

Sorry but 1%?? Really. What a waste of time. You are going to potentially ruin any respect anyone has for you over 1%.

You've gotta good gig, the agency is taking almost as little as is possible and you are upset over less than a fiver a day??

Jeeeesus... :

Please... For the love of God, never use the inflation line again.

P. S. It's not your manager. He is your client.

[quackhandle]

Not what i was after but i accepted so im just not out of work and having to search for a new job and finishing an exam at the same time.

you blinked first, they will know you either a) you were trying it on or b) you have no balls

I hard balled the agency i am with and i know after speaking to my manager who i get on with really well the agency gets 8% and me the rest. I get on great with the team, clients, business and enjoy the job and role.

You really didn't. Hard balling is saying pay me what I'm worth or I walk away. And then going through with it. If the gig is good, why mess it up?

I just am a bit miffed that i can't get a 1% increase just to meet inflation which was the reason i asked for the increase, i went directly to my manager rather than the agency.

Yep, that's contracting. That's both the good and bad of it. "Meeting inflation" is a poor argument IMHO.

So i am thinking the only option i have now is to suck it up or find a new role elsewhere which will pay me more.

See my previous comment.

I am keeping in quiet about me wanting to leave but when i find another contract then i can use that to my advantage to get an increase or i walk into another contract so it wont affect me either way.

You've already shown your hand. It was poor. They will get someone else in when you quit. (probably for less money as well!)

Good Luck

qh

[Old Greg]

Hi i know there are a ton of threads on this and i have had a read of a good chunk of them, what i would like is your opinion if what i asked for was fair and if what i plan to do is the only real option.

Thanks and here goes.

So i have been contracting for a year and a month now (three month contracts, so 4 renewals) and and i asked for a 1% increase to match inflation, i got told no to the extension and offered a 2 month contract.

Not what i was after but i accepted so im just not out of work and having to search for a new job and finishing an exam at the same time.

I hard balled the agency i am with and i know after speaking to my manager who i get on with really well the agency gets 8% and me the rest. I get on great with the team, clients, business and enjoy the job and role.

I just am a bit miffed that i can't get a 1% increase just to meet inflation which was the reason i asked for the increase, i went directly to my manager rather than the agency.

So i am thinking the only option i have now is to suck it up or find a new role elsewhere which will pay me more.

I am keeping in quiet about me wanting to leave but when i find another contract then i can use that to my advantage to get an increase or i walk into another contract so it wont affect me either way.

That is my current plan unless you fine people have any others ?

If inflation was -1%, would you demand a rate cut to be fair?

[SlipTheJab]

1% FFS, just take an extra 10 minutes in the Loo each day and you'll have your increase 'in real terms'...

[GB9]

Sorry but 1%?? Really. What a waste of time. You are going to potentially ruin any respect anyone has for you over 1%.

You've gotta good gig, the agency is taking almost as little as is possible and you are upset over less than a fiver a day??

Jeeeesus... :

Please... For the love of God, never use the inflation line again.

P. S. It's not your manager. He is your client.

Much as it pains me to agree with NLUK I'll second and third this.

If 1% is hard ball I would hate to see the soft approach.

[Old Greg]

1% FFS, just take an extra 10 minutes in the Loo each day and you'll have your increase 'in real terms'...

Spend that 10 minutes outside the front of the building asking passers by for any spare change.

[LondonManc]

You're trying to cut into their 8%?

8% is low for agencies, so stop moaning.

If they were taking 18%, then there's room for significant negotiation but at 8%, it's nothing.

[TheFaQQer]

You're trying to cut into their 8%?

8% is low for agencies, so stop moaning.

If they were taking 18%, then there's room for significant negotiation but at 8%, it's nothing.

If the discussions were with the client, then it's a 1% increase to the agency and contractor. I agree, though, you're highly unlikely to squeeze that 8%, unless the rate is incredibly high.

[Old Greg]

If the discussions were with the client, then it's a 1% increase to the agency and contractor. I agree, though, you're highly unlikely to squeeze that 8%, unless the rate is incredibly high.

My gut feel is that the rate is probably not incredibly high.