Reply to: Boosting my rate to £750 per day within 2 years....

[motoukenin]

With the current rate of inflation I have just worked out that you should hit that rate in 2031. So just a matter of waiting.

[Dow Jones]

Wishful thinking!

You are only worth - at any given time - what someone is willing to pay for you. If you are on the bench you are worth (unfortunately) nothing.
To answer the point made by our initial poster friend, your 'skills' do not warrant a daily rate - you should be paid for a few days work at a time (as some suggested earlier) as a 'Project Consultant' - daily rates up to £ 1000 for the right people - you come in and identify/implement savings worth offsetting your costs.
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Warning: Daily rates can go down as well as up

[ratewhore]

Infosec - it's the future.

£750/day - pah!!

[Tingles]

I've always found the best way to increase my daily rate from £450 pd to £750 pd is to find a contract paying £750 pd instead of £450 pd.

Works like a charm.

So simple....... Why didn't I think of that?


T

[DimPrawn]

Hi,

I've completed my goals and need to increase my daily rate from £450 -> £750.

Question is..... how?



T

I've always found the best way to increase my daily rate from £450 pd to £750 pd is to find a contract paying £750 pd instead of £450 pd.

Works like a charm.

[someone has my name]

fishnet stockings, and red high heels may do it!

[HRH]

Mid 40s....

Why?

too old?

too young?


T

No I just find IT to be one of the most ageist sectors to work in, although its slightly different when contracting.

If your skills fit the role and have a unique skill set you can name your price as Im sure you know.

[malvolio]

Also.....

I believe I have a 'niche' area of expertise.

I've recently been engaged by companies who have recently outsourced their IT and have found that the deal wasn't quite what they expected.

My main roles have been in the area of tightening up SLAs - or specing them and investigating the statement of works - Also I've made significant savings on analysing 'billable work' when it should have been non-billable etc. I've saved some companies many tens of thousands of pounds by doing a little digging - and recharging.

So, I can show I add value and I'm not just a cost to the business.



T

I once explained and demonstrated ITIL and related principles to someone and worked with them on implementing a basic efficient/cost saving drive for the then client. His next role was close to home in the Smoke, so he took a flier. He worked for expenses only (not much, obviously), lived on his credit card and agreed to take a fee of 10% of the gross savings realised in the year following the end of his improvement programme. He saved them a shade under £24m.

You want good money, be good at your job. You want silly money, take risks.

[Tingles]

Mid 40s....

Why?

too old?

too young?


T

[HRH]

How old are you?

[Diestl]

Get 2 contracts where you can work from home and overlap them, say £400 a day each. Or start a business that generates £750-current rate.

[Tensai]

I'll even do it for a discounted rate of £1000/day, so you can bag the extra £250 if you like.

If only it were that simple. I have to jump through flaming hoops to hire people. Much easier to fire them though.

[Tingles]

Also.....

I believe I have a 'niche' area of expertise.

I've recently been engaged by companies who have recently outsourced their IT and have found that the deal wasn't quite what they expected.

My main roles have been in the area of tightening up SLAs - or specing them and investigating the statement of works - Also I've made significant savings on analysing 'billable work' when it should have been non-billable etc. I've saved some companies many tens of thousands of pounds by doing a little digging - and recharging.

So, I can show I add value and I'm not just a cost to the business.



T

[BlasterBates]

Why not start a company and become a billionaire. Takes a bit longer mind you.

[Tingles]

Thanks....

I know someone with very similar skills to myself has a 12 month contract for £700 pd.

He pushed for £700 and got it.

So I guess it's whatever the market can stand.



T