Poll: How often do you increase your rates?
Thread poster: ProZ.com Staff
ProZ.com Staff
ProZ.com Staff
SITE STAFF
Aug 5, 2016

This forum topic is for the discussion of the poll question "How often do you increase your rates?".

This poll was originally submitted by Anne-Virginie Lerat. View the poll results »



 
Julian Holmes
Julian Holmes  Identity Verified
Japan
Local time: 11:04
Member (2011)
Japanese to English
Other N/A Aug 5, 2016

Whenever I can (get away with it), for example, when negotiating with a new customer.
It's difficult - but not impossible - to push for higher rates when they are already written into a contract or service agreement.


 
neilmac
neilmac
Spain
Local time: 04:04
Spanish to English
+ ...
Other Aug 5, 2016

It depends. The last time I raised my rate for a regular client, it was because they are no longer sending me the large amounts of work they used to 10 or 15 years ago, and they suddenly appeared early in January with an urgent demand which I found irritating. I raised my basic rate 25% and they accepted.

I might increase the rate I quote to prospective new clients to try to discourage them and get them to look elsewhere, and if they accept it, well, hey, it's a "win-win"...
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It depends. The last time I raised my rate for a regular client, it was because they are no longer sending me the large amounts of work they used to 10 or 15 years ago, and they suddenly appeared early in January with an urgent demand which I found irritating. I raised my basic rate 25% and they accepted.

I might increase the rate I quote to prospective new clients to try to discourage them and get them to look elsewhere, and if they accept it, well, hey, it's a "win-win"

[Edited at 2016-08-05 08:20 GMT]
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Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida  Identity Verified
Portugal
Local time: 03:04
Member (2007)
English to Portuguese
+ ...
Other (it depends!) Aug 5, 2016

For my regulars, it was 3 years ago, for new customers I always negotiate a higher fee per-word or per-project (which varies according to the source language and the subject matter).

 
EvaVer (X)
EvaVer (X)  Identity Verified
Local time: 04:04
Czech to French
+ ...
There was even a time Aug 5, 2016

when I decreased my rates (when working only on my national market). But as I am now on a number of markets that are very different from each other, my rates vary very much between clients. What I consider as my absolute minimum is going up bit by bit, but it doesn't affect most clients (only bottom feeders that get cut out).

 
Christine Andersen
Christine Andersen  Identity Verified
Denmark
Local time: 04:04
Member (2003)
Danish to English
+ ...
Other Aug 5, 2016

My oldest client still pays the same basic rate as in 2003.

It was a generous rate then, and because I use my CAT more and enjoy working with her, I have not raised it. She sends streamlined packs, and no more fiddly PDFs with graphics, which I used to handle for her, so in practice I can work faster and earn more per hour. I might not accept a new client at that rate, but that is another story.

Otherwise I have raised my rates with new clients, and most of my clients c
... See more
My oldest client still pays the same basic rate as in 2003.

It was a generous rate then, and because I use my CAT more and enjoy working with her, I have not raised it. She sends streamlined packs, and no more fiddly PDFs with graphics, which I used to handle for her, so in practice I can work faster and earn more per hour. I might not accept a new client at that rate, but that is another story.

Otherwise I have raised my rates with new clients, and most of my clients come and go, so the average has gone up slowly.

My rates depend largely on the type of job, the formatting and other factors - I do not have one fixed basic rate.


[Edited at 2016-08-05 13:51 GMT]
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DianeGM
DianeGM  Identity Verified
Local time: 05:04
Member (2006)
Dutch to English
+ ...
Whenever .... Aug 5, 2016

I see an opportunity to do so.

 
Yetta Jensen Bogarde
Yetta Jensen Bogarde  Identity Verified
Denmark
Local time: 04:04
Member (2012)
English to Danish
+ ...
It depends Aug 5, 2016

a lot on the general situation in the industry.
Last time I raised my standard rates was January 2015, but I take them up to consideration once a year.

Some of the options in this poll are ridiculous: every 6 months, every month.
How long are you planning on staying in the business, Anne-Virginie?.

[Edited at 2016-08-05 12:47 GMT]

[Edited at 2016-08-05 12:48 GMT]


 
Mario Chavez (X)
Mario Chavez (X)  Identity Verified
Local time: 22:04
English to Spanish
+ ...
How often? Aug 5, 2016

I wish I could change my rates as often as airlines do. Now that's a racket! Major airlines have the nerve to charge more or less depending on time of the year or on available seats or routes. They also charge for every little piece of luggage bigger than a briefcase. Nobody seems to mind and we just pay because we have to get from point A to point B.

If the airline industry isn't an institutionalized mafia, I don't know what else to call it.

By the way, how often I inc
... See more
I wish I could change my rates as often as airlines do. Now that's a racket! Major airlines have the nerve to charge more or less depending on time of the year or on available seats or routes. They also charge for every little piece of luggage bigger than a briefcase. Nobody seems to mind and we just pay because we have to get from point A to point B.

If the airline industry isn't an institutionalized mafia, I don't know what else to call it.

By the way, how often I increase my rates is none of your business, unless you are a client of mine.

Can we talk about the weather now? Sunny and slightly humid in Northeast Ohio, America.

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ilker ingiz
ilker ingiz
Türkiye
Local time: 05:04
German to Turkish
+ ...
Not really! Aug 5, 2016

Some of my (long term) clients are so generous, they raise the price for me. It does not happen often, but still.

 
Mario Freitas
Mario Freitas  Identity Verified
Brazil
Local time: 23:04
Member (2014)
English to Portuguese
+ ...
It depends Aug 5, 2016

In local currency, I readjust on a yeraly basis.
In USD and EUR, I haven't readjusted in over three years now.
But I do have different rates for different clients, according to the negotiations, terms and conditions.


 
Christopher Schröder
Christopher Schröder
United Kingdom
Member (2011)
Swedish to English
+ ...
Why? Aug 5, 2016

Why wasn't daily an option?

Christine Andersen wrote:

My oldest client still pays the same basic rate as in 2003.

It was a generous rate then, and because I use my CAT more and enjoy working with her, I have not raised it. She sends streamlined packs, and no more fiddly PDFs with graphics, which I used to handle for her, so in practice I can work faster and earn more per hour. I might not accept a new client at that rate, but that is another story.


I still don't see why you don't raise your prices for this client. You really think she hasn't raised hers?


 


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Poll: How often do you increase your rates?






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