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Originally Posted by RichieRich
When on a contract… how far in advance of the end of contract should discussions of an extension start? Who initiates?
These days does one say hey about that inflation can we add 5% to the rate?
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Yeah, great question. I'm heading into an expiration of my contract with one of my clients at the end of the year.
So I did a reminder of that with the client at the start of November, and we agreed to sit down at the start of December.
It doesn't hurt to ask about an inflationary bump, I'm going to certainly do it. Just make sure you have some KPI's to back up the increase beyond hey its getting expensive out there.