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Thread: Increase in rates

  1. #1
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    Increase in rates

    Hi all,

    It's that time again when I need to do my annual rate / labour p/h increase.

    My question is, what is the suggested percentage one increases your rates / call-out's? 10% ? For the Western Cape region.

    Thank you

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    Gold Member Mark Atkinson's Avatar
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    Would it not be in line with the current inflation rate? Isn't that why people increase prices/rates in the first place?

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    Perform Computers (28-Jul-11)

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    Thx Mark.

    So the percentage increase of 10% would be acceptable then?

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    Gold Member Mark Atkinson's Avatar
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    I can't see a problem. 5-10% should be fine. We tend to try and only increase our rates every 2 years or so - to avoid upsetting our clients too much. Sometimes, as a client, it just seems like everybody is always increasing their rates all the time - it can be very frustrating being a consumer at times.

    But yes, 10% sounds about right.

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    Perform Computers (28-Jul-11)

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    Moderator IanF's Avatar
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    I have an argument every year with my landlord, they want 10% increase but they can not say what extra value they bring for this 10% increase. We eventually agree on CPI +1% which still irks me. I usually go for 5-8% but rarely quote hourly rates rather just quote on the job.
    Only stress when you can change the outcome!

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    Perform Computers (28-Jul-11)

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    Thank you gentlemen

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