Seems that hardly any clients are matching inflation with the rate, rent is going up, food is going up, bills are going up, contract rates the same last seven years
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Contract rates not obeying inflation
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Originally posted by KentDogWalker View PostSeems that hardly any clients are matching inflation with the rate, rent is going up, food is going up, bills are going up, contract rates the same last seven years -
"Obeying inflation"??
What a curious phrase.
I didn't realise that inflation was some demanding omnipotent presence that all must bow down to.
So when inflation is low and you're earning several multiples more than permies, you don't have a problem, but when there's a little bump in the road and it starts to look like flashing your cash on fast cars and faster women wasn't quite the recipe for long term stability you're now looking for someone to blame?Comment
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Originally posted by KentDogWalker View PostSeems that hardly any clients are matching inflation with the rate, rent is going up, food is going up, bills are going up, contract rates the same last seven years
If it had increased in line with inflation that figure would be 150%.
Mind you in those days a 32 inch TV cost £1,200.Comment
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Originally posted by KentDogWalker View PostSeems that hardly any clients are matching inflation with the rate, rent is going up, food is going up, bills are going up, contract rates the same last seven years
Maybe you should just give yourself a pay rise to cover those extra costs?See You Next TuesdayComment
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Originally posted by ladymuck View Post"Obeying inflation"??
What a curious phrase.
I didn't realise that inflation was some demanding omnipotent presence that all must bow down to.
So when inflation is low and you're earning several multiples more than permies, you don't have a problem, but when there's a little bump in the road and it starts to look like flashing your cash on fast cars and faster women wasn't quite the recipe for long term stability you're now looking for someone to blame?
The title should really read 'I can't negotiate hard enough to cover the cost of living in to my rate''CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View Post
Generally it's something brought up by people that don't really understand business and let the price of bread dictate their rates.
What he really means is he isn't negotiating hard enough to factor it in.merely at clientco for the entertainmentComment
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Just to give some colour - Rates used to be 650 a day in 2010 and were plentiful outside IR35 - Fast forward ten years and they have not moved much and now require you to be insideIR35. They should be 850++ just adjusting for the under reported inflation CPI gaugeComment
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Originally posted by NowPermOutsideUK View PostJust to give some colour - Rates used to be 650 a day in 2010 and were plentiful outside IR35 - Fast forward ten years and they have not moved much and now require you to be insideIR35. They should be 850++ just adjusting for the under reported inflation CPI gaugeBlog? What blog...?Comment
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Why would the client want to pay more? You are the one dictating rates, if you feel like there's less money in your pocket each week, then increase rates.
Normally service costs go up with inflation as business costs go up (energy especially, but also employees wanting raises due to inflation), if you work from home and don't rent out an office space and / or don't have to travel a lot to do your work, then I very much doubt you have increasing costs.Comment
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