Reply to post: Re: Obviously they will increase the rates by the customary amount to compensate

Re: Obviously they will increase the rates by the customary amount to compensate

I returned to contracting after am 8 year absence and was billing in at 20% less than when I left. After a couple of longish (1 year and 2 years I'm a Project Manager) assignments I'm nearly back to where I was 10 years ago.

I'm not seeing many technical contractors experiencing huge fee increases either. Some are on the same rate as me as a PM but I'm working with niche specialists who command a premium. Anyone thinking they can get a 35% increase in rates is dreaming. Finance was the highest paying sector by far jump ship to another finance company outside IR35 but if you move into central or local government / heath etc. you'll probably see see a fee drop and be inside IR35.