My current contract is up for re-newal and I am going to be offered another 3-6 months. I have been at clientco for 12 months now and accepted the contract on a lower than the average PM rate, which have increased over the last 12 months anyway.
2 considerations i) there is very little chance of a rate rise upon re-newal
ii) I am going to take a solid chunk of time off between next contract, at least 2 months to be at home.
So I have 2 options i) ask for the rise and if the answer is no, then do not re-new - it means I am giving up the lower day rate only anyway and get to have my block of time off over the summer. Then look for the next contract at the more realistic daily rate.
ii) take the re-newal whilst it is available ? I don't want to be stuck at the same place into next year with no rise and staying on this lower than average rate.
Thoughts welcome please.
2 considerations i) there is very little chance of a rate rise upon re-newal
ii) I am going to take a solid chunk of time off between next contract, at least 2 months to be at home.
So I have 2 options i) ask for the rise and if the answer is no, then do not re-new - it means I am giving up the lower day rate only anyway and get to have my block of time off over the summer. Then look for the next contract at the more realistic daily rate.
ii) take the re-newal whilst it is available ? I don't want to be stuck at the same place into next year with no rise and staying on this lower than average rate.
Thoughts welcome please.
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