Hi need some advice on getting a new rate with the contract renewal,
I started this contract last year for a one year contract (my first stab at contracting) unfortunately in my desperation to get the contract I sold myself in under the going market rate (at the time I was between a rock and a hard shoulder) now the contract is being renewed next month I want the market rate of course and I'm in a good position to ask for it also other contractors are getting the market rate at which I’m currently being paid £3-5 ph below (a lot!). The problem is my manager is not allowed to discuss contractor’s rates he's saying this should be negotiated between the agencies and purchasing, which I think is bad he should be interested in what his contractors are being paid.
As the agency chased my requests (I don’t know what percentage their cut is) the client has come back with the following "the justification for a rate increase must detail additional responsibilities over and above those for which the candidate was originally hired"
There are few arguments I can put forward but nothing really substantial, but I thought since I’m starting a new contract this really should not apply, I thought it would be simple enough as
New contract, I put forward my bid for rate (going market rate) and then they try and see how close they can get.
Anybody have any thoughts
Thanks
I started this contract last year for a one year contract (my first stab at contracting) unfortunately in my desperation to get the contract I sold myself in under the going market rate (at the time I was between a rock and a hard shoulder) now the contract is being renewed next month I want the market rate of course and I'm in a good position to ask for it also other contractors are getting the market rate at which I’m currently being paid £3-5 ph below (a lot!). The problem is my manager is not allowed to discuss contractor’s rates he's saying this should be negotiated between the agencies and purchasing, which I think is bad he should be interested in what his contractors are being paid.
As the agency chased my requests (I don’t know what percentage their cut is) the client has come back with the following "the justification for a rate increase must detail additional responsibilities over and above those for which the candidate was originally hired"
There are few arguments I can put forward but nothing really substantial, but I thought since I’m starting a new contract this really should not apply, I thought it would be simple enough as
New contract, I put forward my bid for rate (going market rate) and then they try and see how close they can get.
Anybody have any thoughts
Thanks
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