Minimum rate increase (%) to leave current / soon-to-renew contract?

[kaiser78]

I got an 8% rate rise at last renewal - didn't have to threaten to leave, just reasoned with them. And I was already on a decent rate. Have used this approach previously as well and achieved desired results each time.

[Sam Sung]

Hi all, first posting.

I agree there are a good few intangibles, but every man has his price, at least for his work, and when it comes to business there are no exceptions.

With all else being equal, and assuming Friday finish, Monday start ....

Week 1 - 5%;

Week 2 - additional 1% every day, capped at 10%.

For personal reasons I happen to fully and wholeheartedly support the mission of my current client and it would take quite a lot more than 10% to hand notice. However, this is a rarity in my career.

[cojak]

Minimum rate increase (%) to leave current / soon-to-renew contract?

I have never had a rate rise with an extension, and many contractors feel fortunate that they've never had a rate cut during the contract.

You can certainly ask for one but don't be surprised if the extension is withdrawn afterwards, and as for amounts it depends on how valuable you are to the project, not time served (that's permie thinking ).