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A good rate is what you are happy doing it for. Contracting is a young man's game, so it tends to contain a lot of 'willy-measuring'. My rate's bigger than yours, etc etc. I'm sure a lot of it is lies, fidding, exaggeration etc.
You forgot...
My BTL portfolio is bigger than yours
My V8 is bigger than yours
It's not what I would call a decent rate for central London, but I've had multiple agents try to talk to me recently about London PM roles at £350 a day which a few months ago would have been £500+. Admittedly I wouldn't take them at £500
There's some belt tightening going on out there, if the role is interesting and the rate will keep you in the style to which you are accustomed it's worth considering in todays climate unless you can afford to wait for quite a while.
A good rate is what you are happy doing it for. Contracting is a young man's game, so it tends to contain a lot of 'willy-measuring'. My rate's bigger than yours, etc etc. I'm sure a lot of it is lies, fidding, exaggeration etc.
Another thing to remember is there will always be someone getting more than you. If you live your life worrying about that, then you're in for a bumpy one.
Depends on the project/technology/client, if its doing noddy new media websites with a few lines of server side code for a small 10 employee company then its a good rate. If it's a enterprise level web application in .NET using SQL server, web services with proper domain layer in C# for a Bank then its half of what you could get.
I'm new to this contracting business and am talking to a potential client about a 4 month contract. They're only offering 250/day while working in central london, which although seems almost reasonable to me looks very low compared all the stuff I see on this board and others like it. I'm very good at what I do (web developer), so don't want to underprice myself.
Any thoughts? I was gonna go back and ask for something in the region of 350-400/day, which seems more in line with the general trends.
Any advice appreciated!!
Aren't we all?
OK, who's sock puppet is this then eh? come on, own up.
.....
I'm very good at what I do (web developer), so don't want to underprice myself.
.....
Almost worth a separate thread, this part. Is there better money top be had for being very good? How do you get it? How do you establish that you are really good, and therefore worth it?
Not through the agent, for sure: most of them don't care if you are good, or don't even know what it means.
And Web Developer is a pretty generic term, if most fo your CV is full of 'Mew Media' contracts.. I would take the money and thank yourself lucky.
If on the other hand you previous contracts have involved massive amounts of business layer, analysis and problem solving with new technology in major blue chips.... maybe 250 is far to low.
And your claim to be good at what you do is totally pointless. You are a very small fish in a big pond.
Two sensible replies out of two? I'm on the wrong website...
I am not a web developer myself, and maybe I'm looking in the wrong places, but web development doesn't seem to pay as well as a few years ago. 250/day doesn't sound bad.
If you are talking to the client directly then you are in a much better position. Will you have to stay over for the gig? Try and bolt on travel and accommodation expenses. If you have to stay over the rate does seem a bit low.
If you are local and that's all it's paying, then yes, why not. 250 a day is still over a grand a week. Much needed experience on the CV, London client, may lead to bigger better things. Go for it.
what is always said on this forum if your happy with the rate then go for it....if your not then demand higher but what if the agent say no ? will you walk away or accept the original price ?
Personally i work out my personal rate...bolt on top travel expenses and this is the rate i say...if they aren't happy then i say no and walk away
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