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Increasing hourly rate during a project
Old 29th January 2018
  #1
Gear Maniac
Increasing hourly rate during a project

Hi,
i am increasing my hourly rate in my studio hourly rate by 20%.

I have 3 albums running at present.
Some of the albums i have made have taken over 1 year to complete for clients for various reasons.

Do you feel its ok to change the hourly rate after a project has started?

I run a private home studio, so there are no contracts, everything is low key legal wise.

I appreciate your views.

Thanks Tom.
Old 29th January 2018
  #2
Gear Maniac
After a little more thought and seeing some advice on-line, it feels best to keep the rates of a project the same until its finished.

Unless the client created delays for a very long time after it had started.
Old 29th January 2018
  #3
Gear Nut
 

Yeah you definitely cannot tell someone you're going to do it for one price and then change it on them halfway through. There are words for people who do stuff like that and I'm pretty sure I can't post them on Gearslutz
Old 29th January 2018
  #4
Lives for gear
 

A deal is a deal.
Old 5th February 2018
  #5
Honour existing agreements. When same clients start a new project, advise rates have changed.
Old 7th February 2018
  #6
Gear Maniac
Thanks for the wisdom and replies.
Old 7th February 2018
  #7
Gear Nut
Fwiw I do the same in keeping the rates the same until the project is over.

I actually take it a step further and keep some clients at an old rate if they're returning customers. Let the new clients pay the new rates I say.

Good luck!
Old 7th February 2018
  #8
Lives for gear
 
12ax7's Avatar
 

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Wikipedia: Ex Post Facto Law
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