Rate increase due to inflation

[SizeZero]

Is it a direct contract or are you going via an agent? If the latter, tell the agent you want more and let him either negotiate with the client for you or (for the sake of regular money for very little work) they might absorb it from their cut.

You are a business though, and reasons like inflation or cost of living don't cut it. If your business has put it's prices up then you put the new price on the table at the next review - if they choose not to accept it then so be it, that's the contractor life. 9-5 and security are for employees - if you get it as a contractor 'for a while' then you've done well. If you value the working conditions more than the cash at the moment, you've answered your own question.

[rootsnall]

i'm onto a good thing with this contract. it's easy work, and i have other things happening outside of the 9-5 contract that require my attention, so i don't want to price myself out.

Head down, don't rock the boat and renew at the same rate. No brainer.

[shoes]

It's going to be too small an increase to justify 'rocking the boat' with the client. If you're going via an agency its worth trying it on with them at renewal time, the client won't hear about it.

[Bluebird]

I think it depends on the work you are doing, from a PM point of view if you are 12 months into a contract, then concievably you are "more" valuable to the client than you were 12 months ago.

It's all about supply & demand - you are now in a better position, same as any other consultancy business - fill your boots.

By the way you can bet that the agency will be asking for a mark up in it's rates...