Hi everyone,
Looking for a bit of advice so thought I would post in here. Currently I am working for a tier 1 automotive supplier working as a Systems Engineer, and have been in the role for just over 2 years with 2 years previous as an Analogue Design Engineer. The role I work in is fine, but the company direction isnt looking too good. There is a lot of restructuring and outsourcing going on, and in a few years I wouldnt be suprised if they close the UK facilities completely.
I am currently earning £39k base salary with a bonus which after pension, childcare vouchers and student loan leaves me with about £2k take home pay. This is due to increase to £42k next July. There have been redundancies every year and the payout for me would be approx £20k tax free. This is announced 2nd week of December when the job market is very quiet and I tend to get interest in my CV around March which is too late. I have a fiance due to go on maternity leave for the second time and the extra pay contracting would make a big difference to our lifestyle as she is only entitled to statutory maternity pay.
I have another automotive supplier interested in a contracting role advertised as £45k permie or £30/hr contractor which is the standard x1500 rule but the values I get for take home pay estimates vary wildly! What could I realistically expect with 400 miles a week commuting? What would you recommend to someone in my position?
Thanks,
Looking for a bit of advice so thought I would post in here. Currently I am working for a tier 1 automotive supplier working as a Systems Engineer, and have been in the role for just over 2 years with 2 years previous as an Analogue Design Engineer. The role I work in is fine, but the company direction isnt looking too good. There is a lot of restructuring and outsourcing going on, and in a few years I wouldnt be suprised if they close the UK facilities completely.
I am currently earning £39k base salary with a bonus which after pension, childcare vouchers and student loan leaves me with about £2k take home pay. This is due to increase to £42k next July. There have been redundancies every year and the payout for me would be approx £20k tax free. This is announced 2nd week of December when the job market is very quiet and I tend to get interest in my CV around March which is too late. I have a fiance due to go on maternity leave for the second time and the extra pay contracting would make a big difference to our lifestyle as she is only entitled to statutory maternity pay.
I have another automotive supplier interested in a contracting role advertised as £45k permie or £30/hr contractor which is the standard x1500 rule but the values I get for take home pay estimates vary wildly! What could I realistically expect with 400 miles a week commuting? What would you recommend to someone in my position?
Thanks,
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