Could someone give me some advice.
I have been given a small piece of work that I can fit around other work. However, the terms are a retainer of X sum per month. Not a huge amount (just a few hundred quid for 3 days per month). Does this mean that they are paying this retained sum just to have me available for any three days, to do it as a guaranteed undertaking, so it just covers my availability. Or should I assume that includes the fee for undertaking the actual work as well as my 3 days per month availability. The work is outside ir35 and can be done as, when and how I like from home.
Not sure about how to approach this new client to discuss without sounding a bit of a numpty about retained payment arrangements as all my private client work to date has been fixed fee or daily rate for delivery based worked.
So I would appreciate some genuinely helpful advice on this.
Many thanks.
Denny
I have been given a small piece of work that I can fit around other work. However, the terms are a retainer of X sum per month. Not a huge amount (just a few hundred quid for 3 days per month). Does this mean that they are paying this retained sum just to have me available for any three days, to do it as a guaranteed undertaking, so it just covers my availability. Or should I assume that includes the fee for undertaking the actual work as well as my 3 days per month availability. The work is outside ir35 and can be done as, when and how I like from home.
Not sure about how to approach this new client to discuss without sounding a bit of a numpty about retained payment arrangements as all my private client work to date has been fixed fee or daily rate for delivery based worked.
So I would appreciate some genuinely helpful advice on this.
Many thanks.
Denny
Comment