Considering going permanent - how to go about salary negotiation

[TheFaQQer]

How does the administrative cost of employing someone vary by their salary? NI contributions, perks (by grade presumably rather than salary)? Anything else?

Perks - car, pension, healthcare, gym, life assurance...

Overheads - training, software, hardware, administrative overheads, sick pay, jury cover, holiday cover...

[expat]

Definitely use 240 * daily rate.

Provided that as a contractor you can cast-iron guarantee:
no bench time ever
only 2 weeks holiday plus 10 days public holidays
never ever get sick
totally avoid employer's NICs
perks like phone, laptop, car, gym, BUPA appear magically from nowhere
accountant works for free
insurance costs nothing

</sarky>

[MyUserName]

Additional things to remember, actually the key reasons I ended up going back to the permie world, is that you get your permie salary every month. You only get your contract rate when you are actually in a contract and contracts can dry up at any point.

My permie job is a 40 minute drive from my house and will pretty much not move. That means I can make long term plans based on when I can be home and when I need to leave.

e.g. I can pick Micro MUN up from the childminders at 6. Therefore we can keep using his favorite one. If I had to go to London on a 6 month contract and then to a different part of the country for the next contract then I could not make these long term arrangements.

I don't get the money I did when I was a contractor but I get more than I spend each month so. My life style is more modest than it was but I am happy to trade that for security and structure.

Although there is always the risk that you might get made redundant or the company will suddenly relocate etc. but do your research on the company first and these risks can be reduced.

[d000hg]

The internet? It rings a bell. Is that where I will find pricks who should know better than to offer sarcasm to a genuine question that they lamentably failed to understand..

So when you said NI you didn't mean NI? Perks are things like healthcare, pension contributions, maybe a car. Surely you can work out what they could cost you... that's basically what they would cost a company too. e.g. if they match your pension contributions up to 5% of your salary, can you work out how that scales with salary and how much it costs them? Can you look up how much Bupa membership costs? Do you know how much a car costs?

[TheFaQQer]

Broadly speaking I see three strains of work here but is anyone drawing a distinction between 2 and 3?

1. Contractor
2. Perm at consultancy (requiring travel)
3. Perm at end-user (or consultancy requiring no travel).

If you're happy to live it up in hotels/airports/car journeys and so forth then choosing between 1 and 2 seems largely about money / rejuvenating your CV.

If you want a life and contracting doesn't allow you enough of one then it's between 1 and 3. And that seems far less about the money and far more about lifestyle changes.

Anyway. As you were.

I see no point in 2. If I want to travel, then I'll work for myself where I can choose where and when I work rather than suddenly finding out on a Friday morning that for the next six months you'll be travelling to Aberdeen every week or worse.

The offer from a consultancy with travel would have to be phenomenal for me to consider doing it again.