122
Seeking some advice from my fellow independent contractors.
I've been working for a company as a part-time independent contractor for sometime now. I get paid hourly at a rate that was discussed and set at my time of hire. Now I'm overdue for a raise. Our management does not conduct annual/performance reviews for independent contractors, so it's up to me to start the conversation. I'm wondering what the best way to start this conversation is, do I ask for a raise and negotiate my way to what I want or should I tell them I need to raise my rates and here is what I am requesting (I would give them a future date that I will make this adjustment). Thanks so much for any of your advice!
Soph
364
06/19/24 at 9:55PM UTC
Inform the client that your rates are changing. If you have a contract in place, let them know that the rates are changing at least 60-90 days in advance if possible. If for one reason or another there isn't a contract in place, put one in place and bake your new rate in. You don't have to justify your new prices, but if you are asked about it, you can point out that you've supported the company without issue for X amount of time and driven Y results, and you'd love to continue to provide more value to the organization, and these are the rates they are looking at moving forward. It's not a bad idea to have more than one client you're working with so that everything doesn't hinge on just one account.
Maria Molinari Project Manager - Business Consulting
715
10/29/22 at 4:09AM UTC
how I’m not an independent contractor, I would recommend the first version of starting the conversation.
Anonymous
10/29/22 at 2:16AM UTC
If you’re working as a contractor, you have a contract, right? At the end of the contract negotiate a different rate to renew it.
