Warning: raising rates by 10% each year is a trap I see everyone falling for

I keep seeing freelancers in here brag about a yearly 10% hike like it's some golden rule. Last year I tried that with my main retainer client in Portland and almost lost them because they felt nickel and dimed. Why does everyone assume a flat percentage works for every client situation instead of just negotiating based on the actual value you delivered?

3 comments

3 Comments

angela7282d ago

My buddy tried that and his client just ghosted him for six months.

luna2612d agoMost Upvoted

Happened to me too honestly. Took the job, did the work, then crickets for almost a year until he needed another favor.

sanchez.ivan1d ago

Maybe you just need to set clearer boundaries from the start.