Billing at the same rate you've been using functionally is billing at a lower rate right now.
I understand inflation wise you lose every money on invoicing. But the way i see it, desperate tech workers will try snagging jobs on the cheap, so decreasing my rate by 25% or so is a good way of hedging against predatory libs. Right now i charge around 100$/hr or so, and was thinking decreasing to around 65
No dont do it. If your work is worth it. They will pay.
My main concern is all the doom and gloom out there makes me think i should offer some incentive to the customer to be able to justify the high price. I have zero confidence my skills in and off themselves are honestly worth that much, especially given that everyone is firing right now causing a huge uptick in supply
I work in custom software development (own a company). We increase rates, no issues with customers. They'll pay, it's hard to find good coders.
The general way I was taught to adjust pricing is that if you have maxed out your possible output, you need to raise output (hiring) or raise prices. If you are freelancing, you cannot raise your output, only your prices. If you REGULARLY don't have enough work, then you need to lower your price (while keeping in mind that there are fat months and skinny months, and that there is always some seasonality to work IE companies looking to make costs towards the end of the year to reduce tax burdon)
Don't. Just ask your customer if they really want to save $5 hiring the guy Twitter couldn't find a use for.
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