{ "media_type": "text", "post_content": "What kind of discount on your day rate do you give for extended contracts? \nWeek long? Month long? Longer?", "post_id": "5b6dc824c9d2d20013562ea5", "reply_count": 11, "vote_count": 0, "bowl_id": "5908c9d5f735ee00105b9fa4", "bowl_name": "WFH Freelancers" }

What kind of discount on your day rate do you give for extended contracts? Week long? Month long? Longer?

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The only discount I offer is for weekly rate, despite the length of the engagement and I’ll go down up to 15% off of my Day Rate x 5 number. I’m also super specific that it does not include weekend work. Weekend work is billed at the full day rate in half-day increments.

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Zero discount. My time is worth it

likehelpful

Why would you give a discount for a week? Seems like people would either pay you for each day if they needed you that long or simply wouldn’t accept a week rate if they only needed shorter Seems like you’re giving up money for no reason.

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Month or more only

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Thanks CD1 You're the only one who actually answered the pretty simple and straightforward question.

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Why are y’all asking for weekly rates? 🤦🏻‍♂️ weekly rates are a thing invented so you would do more work for less money

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@Copy1, basically it’s both of you giving up a little something. If they only need you for one day but they committed to the week, then it’s on them. If they use you the full 5, then you gave up a little. But, it’s also a way for the agency to more predictably control costs, especially if they know the engagement will be longer-term. “We committed to Alex for 4 weeks on a weekly retainer, that’s X dollars. Period.” Basically, both sides are lowering their risk premium so it makes sense to take some of money - which includes that risk - down in exchange. The few times I’ve done it, it turned out great for both parties

I don't, unless it's a really sexy project.

I definitely give discount for weekly rate only. If they are good to commit to weekly rate and plan a longer contract (1 month, 3 months)...then I think it’s a fair trade. 🐠 💰

Zero

In general, I discount between 18-20% if the client is willing to bill out on a weekly rate for extended contract (2 or more months).

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