- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Help with day rate?
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Help with day rate?"
Collapse
-
This is your first contract so I would just accept and wait for renewal. Before the renewal do some research, talk to a few agents and quote a higher rate to see whether you can get interviews. If so, that's the point where you can raise your rate.
-
If you ask for a rate rise at this stage it's probably unlikely you'd get it and you need to be prepared to walk away in that scenario or else they won't take you seriously.
Or just suck it up. If you suck it up then you've got some excellent experience for your CV which should help securing the next role.
Leave a comment:
-
The client's expectations should have been clear to you when you came out of the interview.
Nothing you can do really, until renewal, other than giving notice of course; otherwise you'll just come across as a moaner and unprofessional.
Learn from it and better luck with your next contract.
Leave a comment:
-
If you don't know what your rate should be, then we can't tell you.
You'll need to research it yourself, look at jobs boards, ask colleagues, whatever.
As an aside, a majority of contractors here work in IT. There are plenty of accountants around too, but not operating as contractors, rather serving them, so I doubt you'll get any feedback that is relevant to your situation (and, in any case, no one really knows your situation, how much the client needs you etc.).
Leave a comment:
-
Help with day rate?
i All,
I recently started contracting. I'm a qualified accountant with over 10 years experience in practice and industry. Most of my experience has been based around management accounting/R2R.
I am currently working as a Finance Asset Delivery Partner, the responsibilities of the role are much more than initially indicated by my agency (I was told admin level to ease me into the company) and I found out on my second week that they expect me to cover the FC for the 6 months of my 8 month contract whilst they search for a replacement. I am more than capable of carrying out these tasks however prior to starting the role, my rate was confirmed on the basis of it being an admin level role.
Based on the above what do you think my day rate should be?
I am VERY new to contracting and don't know where I stand on requesting an increase in the day rate as a result of the additional responsibilities. Nor do I know what the average day rate should be for this type of role.
Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: