Archive for Negotiation
Ask and You Shall Receive
Posted by: | CommentsI’ve talked about asking for what you want in the past, such as in my e-book but I’ve even outdone myself lately! I thought I would share it with you all. I’m coming up to the end of my latest contract (after extending a couple times) and decided I want to move on to more interesting projects. The client also posted a position that would replace part of what I do. I’ve been working for for about a year without a break on this project and am in need of some vacation time. But since I realized they might have some issues with having someone else take over my job, I offered the following: I can be available for phone calls with a 1-2 hour response time for a minimum of 20 hours per month (any less and they will still pay for the 20 hours). And the rate (which is already pretty high as you know) was more than 50% higher since I will be ‘on call’. This will be for the summer months at this point. One key point is that I was offering to help them out without any attachment to the result. I was fine either way, the decision was totally up to them. Since their replacement was fairly junior they thought it would be beneficial to them. This arrangement is another consequence of finding a niche market, which I also talk about often. If your skills can be easily found elsewhere, it is less likely they will be as willing to accept some of these proposals.
Even though this will cut into my vacation time, it’s a pretty sweet deal since I can go for a 2 month summer vacation and be able to make some extra cash without having to use my computer, go to an office or be responsible for the day to day running of the environments.
Lately I’ve been getting used to working from home via VPN and am pretty much going to focus on only being available for remote development. The beauty of this is that I can work anywhere where there is an internet connection. Can anyone say “Hawaii”.
How to Negotiate High Hourly Rates
Posted by: | CommentsAs I talk about in my e-book, it’s good to be prepared when you start to negotiate your rate at the beginning of a new contract. You should have a low, medium and high rate prepared. Low is what the lowest absolute rate you will accept, medium is what you’d be happy with, and high is what you’d be really happy with.
But before you negotiate there are many other things to consider which affect your ability to get the rate you want. Some of these you might not even be aware of but they come across in your discussions.
Hopefully you have researched the rates for your skill and have a general idea of what you will get. A rough ballpark could be $75-95 per hour considering that the larger consulting firms might charge upwards of $150 per hour.
Other issues to consider are:
- Are you comfortable asking for these types of rates?
- Can you walk away from the negotations without getting the contract?
- How much debt do you have?
- Have you practiced this out loud with a friend?
- Do you believe you can handle the technical requirements of the project?
- Do you really want to get this contract?
If you’re not comfortable and confident with these rates it will definitely come across in the negotation. If you are in desperate need of a contract because of debt or you haven’t worked for a while, it will come across. If you don’t think you can do the job, it will come across.
The last issue is interesting. You have to show that you would like to help the client, but you can’t come across as desperate. You can take or leave the contract, but you show genuine interest in helping them out. Either way is fine.


