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Rate rises

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    Rate rises

    Is everyone accepting a real world pay cut?

    https://news.sky.com/story/cost-of-l...-show-12518827

    Official data published on Wednesday is expected to show inflation in December remaining close to the 5.1% level reached the month before.

    It is expected to hit 6% in coming months - which would be the highest level for three decades - as the impact of an expected energy bill hike in April bites.

    ONS data shows that the last time Britain last saw a real terms fall in wages was in mid-2020 as earnings were affected by the coronavirus pandemic, with many on furlough or working reduced hours.
    First Law of Contracting: Only the strong survive

    #2
    "Everyone". If you're in a position of power, there's really no such thing as a recession or being undercut (by offshoring or whatever). You just set your prices and carry on as normal. You just need to work out how to get it

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      #3
      Of course, the contractor has to communicate the expected rate rise. I have requested a 15% rate increase to cover rising costs, non negotiable. We will see how the client responds.
      First Law of Contracting: Only the strong survive

      Comment


        #4
        Originally posted by _V_ View Post
        Of course, the contractor has to communicate the expected rate rise. I have requested a 15% rate increase to cover rising costs, non negotiable. We will see how the client responds.
        If it is non-negotiable, then you are saying that you're going to walk if they don't give you it.
        …Maybe we ain’t that young anymore

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          #5
          Originally posted by WTFH View Post
          If it is non-negotiable, then you are saying that you're going to walk if they don't give you it.
          And where they will find another VB6 programmer? It's COBOL of the 2020s

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            #6
            Originally posted by WTFH View Post

            If it is non-negotiable, then you are saying that you're going to walk if they don't give you it.
            Yes, I have made this 100% clear, it's not a negotiation, it's price increase.

            First Law of Contracting: Only the strong survive

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              #7
              https://www.bbc.co.uk/news/business-60050699

              Inflation: Cost of living rises at fastest pace for 30 years

              First Law of Contracting: Only the strong survive

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                #8
                Snowflakes are reeling https://www.bbc.co.uk/news/business-60024716
                First Law of Contracting: Only the strong survive

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                  #9
                  OK Boomer.
                  Originally posted by MaryPoppins
                  I'd still not breastfeed a nazi
                  Originally posted by vetran
                  Urine is quite nourishing

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                    #10
                    Alfie the twunt from Liverpool says that the rising cost of Energy bills is stopping him saving and moving to his own home. Shurely shome mistake?

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