Hey freelancers...I usually raise my rates every 2-3 years. For those of you long-time freelancers, how often do you raise rates? And by what percentage? Looking to keep up with market/cost-of-living and yet, not price myself out.

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Depends on what the market will bear. You just need to feel it out.

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I raised my rate $10/hour with every new client until I got consistent pushback. That helped me find my limit. Turns out people will pay way more than I thought.

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The increases are not so much a percentage but what’s the next round number that makes sense. Would be weird to ask for 115/hr rather than 125/hr for example.

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I’m a lot more fluid with my rates. It all depends on if I book a Sr AD role or an ACD one but then each one has a good $15 in flexibility depending on the type of work, length of contract, etc.

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2-3 years sounds about right. Also agree with “feeling the market”. It’s a combination of both usually. If you feel like you’re getting gigs left and right and lots of recruiters calling then that’s a great time to increase your rate. Over the course of 12 years I went from 650-750-800-900-1000 dayrate. Often I’ll even get more than 1000 when doing hourly.

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Yes...thank you. Same here. Everything is always negotiable. Was more wondering about raising rates...at some point we all do it...just curious how often and how much?

Yep, I do that too. Keep thinking I’ll max out but they keep saying ok!

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