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Margin, budget, daily rates: negotiating your freelance contract

Updated: Jun 17, 2021

- Nice shoes, said the gentleman at the store.

- Would you like to try them?, said the sales lady.

- Yes, please. What's the price for them?

- What's your budget? Asked the sales lady.

- What's your margin, said the gentleman?


This is (almost) how recruiters and contractors sound like when:

1. Contractors don't want to share their daily price unless they hear the budget/margin from the recruiter.

2. Recruiters don't want to give contractors the daily rate for the job.

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