mine were due to go up last year, i held off
i dont buy the " replace your "less well priced " work with better paid work " line
as your less well priced work could be nice work, they could be as loyal as they come, where some better priced work could dump you like a hot potato if things get tight
if your work is ok priced and you increase it at set intervals ( inline with inflation ) then the work will allways be ok priced and worth doing
i know, its pretty low risk and i will never be rich, but hey, i have a nice life because of it