Rate increase - how do I achieve it?

[heyya99]

Does the consultancy name start with an 's' ? Just wondering if you're someone I used to work with.

No. J.

Did you have same issues with yours?

[riffpie]

Generally, yes. Unless the client is an important one where there might be a deal done. I did work for o2 as a permie at a consultancy and there was a flat day rate for everyone (junior/senior/contract devs) of £600. Normally it would be a lot higher but o2 gave us a lot of work.

Equal Experts?

[riffpie]

Is there really that much of a mark-up by a consultancy as opposed to an agency? In my experience, I'd say not.

You may not even be charged out on a daily rate by the consultancy. My current client is a consultancy that's doing work for a third party at a fixed price. I'm doing some of that work, and they pay me a daily rate. I've been approached by a small consultancy run by some guys I know, and they've told me exactly what they'll be charging me out at, and exactly what they'll pay me. Difference is £200/day. Is that a lot? Not really. These guys have a never-ending stream of work coming in that they work very hard to get, and only hire people by reputation. I say it's worth giving them that cut to get more-or-less guaranteed work still at above market rates, without having to go through any tiresome recruitment process.

I've also been a permie for a software vendor that often sent us on-site for consultancy, charging us out at £1200/day back in 2001. We never saw any of that, of course, we just got a day out of the office, a hire car and a generous hotel/meals budget which was basically "treat yourself, just don't extract the urine".

[heyya99]

So, now I know my consultancy makes 200 profit on me, are they likely to allow me to walk if I demand reducing it to 150?

[stek]

So, now I know my consultancy makes 200 profit on me, are they likely to allow me to walk if I demand reducing it to 150?

Only way is to try.

[heyya99]

I asked for 475 and got 465. Thanks for all the input.

[nomadd]

I asked for 475 and got 465.

If only you had asked for £485...

Well, there's always next time.

[heyya99]

If only you had asked for £485...

Well, there's always next time.

It's already eating away at me!

[kal]

It's already eating away at me!

Just been extended again, did think about upping my rate as I am 18 months into this contract, I'm direct and the rate is pretty good so I went with a different tack and asked for a day work from home (live in Brum and commute to London so a long day and no one does WFH right now), they agreed and that's worth much more to me than an extra 5%. Next up end of September and I do think a 10% rate increase request will be going in then!

[SpontaneousOrder]

Equal Experts?

No, but they were there too.