Hi all
I have been contracting direct for the same & first client for over 2 years now (was previously perm with them), 6 month contracts which have always been renewed. I am a C# WPF dev - 8 years experience.
Started contracting as I moved to Asia because my partner had a good job opportunity here. First 6 months I was on a very low day rate (£150) Due to working fully remote & the time difference to the UK I felt that I had to dangle a carrot to get the client to initially commit.
After renewal I negotiated a whopping £200 per day and have been on this rate ever since. I now have a bit of war chest (£10k bank & 15k invested) and getting a bit bored of the work. Also obviously at least for now the remote working situation is no longer relevant. I am considering attempting to negotiate £300 per day if they offer renewal (Still considerably under market rate)
If they refuse I will have to be prepared to walk and would be happy to have a couple of months on the bench which will give me an opportunity to upskill & maybe investigate a plan B. However there are very few domestic opportunities here so I would have to rely on finding a fully remote gig (Or mostly remote If I managed to find something in Singapore/Hong Kong etc.)
So in my position what would you do? Continue to work on a significantly reduced rate happy to have work or attempt to negotiate closer to what I think I'm worth relative to market rate & don't worry too much if It falls through?
I have been contracting direct for the same & first client for over 2 years now (was previously perm with them), 6 month contracts which have always been renewed. I am a C# WPF dev - 8 years experience.
Started contracting as I moved to Asia because my partner had a good job opportunity here. First 6 months I was on a very low day rate (£150) Due to working fully remote & the time difference to the UK I felt that I had to dangle a carrot to get the client to initially commit.
After renewal I negotiated a whopping £200 per day and have been on this rate ever since. I now have a bit of war chest (£10k bank & 15k invested) and getting a bit bored of the work. Also obviously at least for now the remote working situation is no longer relevant. I am considering attempting to negotiate £300 per day if they offer renewal (Still considerably under market rate)
If they refuse I will have to be prepared to walk and would be happy to have a couple of months on the bench which will give me an opportunity to upskill & maybe investigate a plan B. However there are very few domestic opportunities here so I would have to rely on finding a fully remote gig (Or mostly remote If I managed to find something in Singapore/Hong Kong etc.)
So in my position what would you do? Continue to work on a significantly reduced rate happy to have work or attempt to negotiate closer to what I think I'm worth relative to market rate & don't worry too much if It falls through?
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