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Previously on "General Q. about negotiating rates"
for those that asked its the practice of attaching a bucket or similar anchor to slow your boat down while fishing. You can even put bait in the bucket to attract victims.
I have absolutely no idea how I know that phrase (must have been some drunken discussion with an avid fisherman), the description just seemed to fit.
What field are you in? The rate looks low for a typical IT contractor.
Hi LatteLiberal,
Thanks for the sensible post.
I am in Networking. The original post was 4 years ago, I had finished a contract with a decent rate and the market was quiet and I was offered £160. I asked here (thinking it was full of like-minded, helpful contractors) if many people frequently negotiated far above the upper end of the rate on offer.
I ended up doing the contract for 2 months at £160 pd. It was a real bad rate but the work was 15 mins from home and I gained exposure to some new technology so not the end of the world.
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