Contract Extend - Rate Review? Contract Extend - Rate Review?
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  1. #1

    Still gathering requirements...


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    Apr 2019
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    Default Contract Extend - Rate Review?

    Just a quick Qs

    Before starting my own Consulting Company, I picked up a on-demand zero hour contract with a Company with half of my rate. The reasons I pick it up - to provide basic bread & butter, remote work, I choose to work or not to. Now the contract is coming to an end, and the Client wants to renew it until next May 2020.

    Pros : I get really hands-on experience tested and keep it alive. See Customer issues hot from the oven, get wider perspectives around similar Client base, very flexible, I can fit around anything, remote working

    Cons : Rate is half of what I charge usually, I want to do a rate review

    I have learnt - you have to ask it if you want to get it principle. However looking for some ideas / tips / feedback. Thanks in advance.

    An agency is involved in the picture. The work is usually 10-15 hours / week, so I can possibly fit the work around, I don't see that a problem. FYI

  2. #2

    Fingers like lightning


    Join Date
    May 2018
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    759

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    Ask for double your current rate

    Job done

    Any other questions we can help you with ?


    Sent from my iPhone using Contractor UK Forum

  3. #3

    Should post faster

    Wobblyheed's Avatar
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    Mar 2011
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    Sun'land
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    Default

    Come to work in ragged clothes, holding a begging bowl.
    Ask for rate rise.
    Formerly Sausage Surprise but forgot password on account that had email address from old gig

  4. #4

    Still gathering requirements...


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    Jan 2011
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    Tell them they've had their trial period and to pay up now if they want your services.

    Just discuss it with them and tell them your rate is increasing.

  5. #5

    Super poster

    Lance's Avatar
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    Quote Originally Posted by TechRiskPartners View Post
    Just a quick Qs

    Before starting my own Consulting Company, I picked up a on-demand zero hour contract with a Company with half of my rate. The reasons I pick it up - to provide basic bread & butter, remote work, I choose to work or not to. Now the contract is coming to an end, and the Client wants to renew it until next May 2020.

    Pros : I get really hands-on experience tested and keep it alive. See Customer issues hot from the oven, get wider perspectives around similar Client base, very flexible, I can fit around anything, remote working

    Cons : Rate is half of what I charge usually, I want to do a rate review

    I have learnt - you have to ask it if you want to get it principle. However looking for some ideas / tips / feedback. Thanks in advance.

    An agency is involved in the picture. The work is usually 10-15 hours / week, so I can possibly fit the work around, I don't see that a problem. FYI
    Have you got any customers who pay your “full rate”?

    If you have then why are you asking? Surely you wouldn’t offer discounted rates at half price.

    If you don’t then you don’t have a “full rate”. You have what they are paying.
    See You Next Tuesday

  6. #6

    Godlike

    BR14's Avatar
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    can you tie shoelaces yet?
    Entropy is NOT what it used to be.
    Inertia, however........................

  7. #7

    My post count is Majestic

    northernladuk's Avatar
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    Quote Originally Posted by BR14 View Post
    can you tie shoelaces yet?
    It would appear not.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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