Renewal time

[slogger]

Be reasonable to start with. Say you are happy to stay but are looking for a reasonable rate rise to lock yourself in for the 18 months. 725 doesn't sound terrible %age wise.
They will say no/pretend to phone the client then say no - Can't cover it/already market rate/they have another chap in the wings blah blah.
Choice then is to fold or dig in, say this is what you are looking for to stay, let me know. DONT get involved in any discussions about where this comes from, their margin etc etc.
Just leave it with them....
They are looking at losing a chunk and 125/day is better then nowt all PLUS the client will be well p****d off if you bail and they have to explain.
Up to you and remember it's business not personal. 50 notes a day is a chunk of change...

Sounds good. Is it better to state 1 figure and not budge or better to go slightly higher and take a cut..or am i thinking too much like a car dealer?

[washed up contractor]

So current gig finishes in 4 weeks.. currently on 675pd.
Found out agent is charging client 850pd.

So I've been told end client desperate to keep me, wants to offer 18month renewal.

Now Im not an expert negotiator and am able to walk from contract, enough funds to sail into sunset.. given this how would people negotiate a rate increase? My personal opinion is contract is ok but not brilliant.. would stay for 775...anyone got good recommendations for negotiation techniques...overwhelming amount of guides on google and hard to see ones directly relevant.

Jesus, agent taking £875 on a 5 day week from you is extortionate. Makes me wonder why client co's suck this up.

[lukemg]

Sounds good. Is it better to state 1 figure and not budge or better to go slightly higher and take a cut..or am i thinking too much like a car dealer?

not a bad option, they will test your resolve, if they get to the making an offer of increase stage you are in a good position, they will likely lie, squirm, blame end-client before that.

[ChangePM]

I would be totally honest with the agent, I’ve always found that being straight with them is the only way of getting a mutual agreement. There’s no point playing games or making tactical statements to second-guess what they will respond with. Just keep it factual.

The client wants you to stay. (Presumably) you want to stay. Given the extended length of time that you will commit to the client you’d like that commitment to be reflected in a rate increase.

It would take a very brave agent to risk annoying the client by you not renewing and also losing 18 months worth of commission for the sake of £200-£300 a week.

Just remember, you seem to be in a position of strength now but there will always be someone else out there that would step in. No one is ever indispensable.

Good luck with it!