Hourly Rate Increasing from $100 to $120

Hourly Rate Increasing from $100 to $120

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Simply put, after maintaining our hourly rate for the last 5 years, again, with increased administrative time and costs, as well as the more recently required need to outsource, upon review of the hourly income vs. expenses over the last 5 years, when calculating at this 20% increase we have found that we will be able to better cover our costs with a little room to breathe. Up until now the margin has been so slight, that even at $100 per hour, the room to maneuver simply was not present. As well, we have increased our education, skill, speed, and efficiency by well over 20%, therefore it stands to reason that knowing our worth, and knowing that we have been slowly increasing the undervaluing of same, when re-evaluating it, it stood to reason that the time has come for a deserved increase in this regard.