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Reply to: Agent asks for current rate
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Previously on "Agent asks for current rate"
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I tell them a rate based on what I think the role is worth. If I think the rate is worth 600, I'll say that. If they say the client isn't willing to pay that I wish them luck as I wouldn't want to be under paid for a stressful role. If I think the role is less demanding I'd drop my rate to 450 or 500.
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I tell them the maximum rate I think I can justify and take it from there...
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Originally posted by TheFaQQer View PostI like your thinking - they want the cheapest person, so whack your rate up way more than it is and tell them that you'll be cheaper because they can talk you down.
Genius.
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Just ask them what the client's rate range is. If they say they havent got one, ask them do they mean they 'havent got a job with the client?' (And please, dont anyone get into semantics about the use of the word 'job.')
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Not up to it?
That's ridiculous. At the height of the GFc, I had ex-MDs of IBs reporting into my project making 450-550 a day! I reckon in their previous perm roles, they would likely have been at the Program Director / SC level...
Sometimes pple like to work certain locations.... Yes ago, I once took a lowball rate simply because my wife was pregnant and i wanted to be near her workplace. That paid 350 and I was on 450 previously!
"Not up to it?" Heh.
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DON'T TELL THEM, PIKE!
I recently applied for a role where the day rate was advertised at 400-500. Agent asked me how much I was on. In a generous mood, I said £350 (I never normally tell) . He said 'Ok, I'll put you forward at £380 then'. Serves me right.
Another agency told me it was important that they knew because if I was on, say, £250 then I wouldn't be up to a role paying £350 plus. In my line of work I've seen rates anything between £200 and £700. Both ends are quite rare, usual is £250-450 which is fairly wide and shows how market rate can be fairly meaningless.
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I had this one yesterday. Replied back saying it doesn't matter and they said "Oh, well the client will want to know". Managed to resist laughing and telling them that's rubbish and it's them that wanted to know so they could low ball me, and then just told them that it's what I was looking for on the contract we were talking about.
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It's business sensitive information so don't tell them a figure. Just say it's market rate for the role you are doing in the area you're doing it in.
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Originally posted by uk contractor View PostAlways lie tell them its more than it is but your willing to negotiate they do this all the time to see who is cheapest! Just say its way more but you will do it for less to get the role
Bump it up by 50%. ' but for you, for this contract, I'll knock 20% off....'
Otherwise you're on the race to the bottom.
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Originally posted by northernladuk View PostWhy do even have to lie? It's a negotiation. Just tell them what you want.
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Tell them that it depends on what's expected of you followed by asking them what the client is offering.
Negotiation ends the moment you open your mouth !
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Originally posted by northernladuk View PostWhy do even have to lie? It's a negotiation. Just tell them what you want.
Nothing sets the expectations of the relationship so clearly as starting off with a needless lie.
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Originally posted by psychocandy View PostIf current is a bit low, lie and tell them market rate.
Got bitten when I was a newbie. Rate was v low and I owned up to pimp. They're answer oh client wont pay for that much of an increase then. Despite last 2-3 contracts being at this rate.
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