Increase Day Rate

[TheDude]

That's an awful lot of assuming and speculating.

And in previous posts an awful of links to reddit posts claiming mega salaries.

[Fraidycat]

You are on £500 a day!!!! You are in the top 1% of earners in the country.

Top 1%?
He is Inside IR35. So getting around 65K year after tax. Even less if he takes a healthy number of days holiday.
As of 2022 that is probably not even in the top 5%.

[jamesbrown]

Threatening to walk has less impact at big firms - they are used to losing key staff to competitors.

Yes, and it's hit/miss in general. However, if you're niche/in-demand, you have more leverage at all sizes of client (and you are more likely to be direct too, so no agency margin). There has always been a spectrum in the contracting power balance; at one end, you have exploited temps who should probably be employees, and at the other end you have niche consultants that operate as guns for hire. Somewhere in the very fat middle, you have contractors doing BoS work at big banks and in pharma (and a few other industries that have essentially industrialised contracting) who are basically well-paid temps and are mostly inside IR35 now (and probably were before).

[northernladuk]

Top 1%?
He is Inside IR35. So getting around 65K year after tax.
As of 2022 that is not even in the top 5% of after tax earners.

Ah. Yes good point but still pretty low numbers.

[GigiBronz]

Top 1%?
He is Inside IR35. So getting around 65K year after tax. Even less if he takes a healthy number of days holiday.
As of 2022 that is probably not even in the top 5%.

Probably just above the 50% median if in a HCOL area.
amz is doing 180k basic now

citi seems to be doing 190k basic for 2y experiece. https://www.reddit.com/r/cscareerque...tm_name=iossmf

you’d have to be dumb or hate money to stay on pocket change

[northernladuk]

Probably just above the 50% median if in a HCOL area.
amz is doing 180k basic now

citi seems to be doing 190k basic for 2y experiece. https://www.reddit.com/r/cscareerque...tm_name=iossmf

you’d have to be dumb or hate money to stay on pocket change

Just because someone posts they've had the offer doesn't make it true. Look at the comments. And no way is 65K just over 50% median. Picking a couple of odd high numbers doesn't make a case.

[GigiBronz]

Just because someone posts they've had the offer doesn't make it true. Look at the comments. And no way is 65K just over 50% median. Picking a couple of odd high numbers doesn't make a case.

go and look for yourself in that sub and the other one witout 'EU' at the end. there are multiple claims.

for the amz salary just google it.

[TheDude]

Probably just above the 50% median if in a HCOL area.
amz is doing 180k basic now

citi seems to be doing 190k basic for 2y experiece. https://www.reddit.com/r/cscareerque...tm_name=iossmf

you’d have to be dumb or hate money to stay on pocket change

The guy asking the question seems rather clueless about banks considering he has been offered such a high salary.

If this is for real then they guy must either have some serious quant skills or more likely to quote another post from the thread:

This is fake. Look at Citi on levels. Guys with 8yoe are getting 100k base offers. Mods remove pls

The last perm offer I received (December 2021) from a bank was a total comp of £170k with a salary of £130k and that is with 10 years of experience in some pretty in demand technologies.

[IsayIsayIsay]

Once you get past the comments around thinking like a permie, being soft, not being business minded enough, being crap because you are new, and then being bullied for a bit, you'll realise there are only opinions on here and albeit good for context (and an amazing place for research), in the end you make your own judgement call.

Only you know the context of the project you're working on and the value you're adding to the client (personally and from a business perspective). Knowing this will help you to make the judgement on if you can ask for a higher rate or not. Your reasons are your reasons. In all cases so far, when I've been advised it wont happen, it has (7 day terms instead of 30, remote working clauses in contracts and expense coverage, SC roles when I have no SC). It's probably too fluffy for this forum (and I expect the critics/comments to start, but hey ho, Kierkegaard would have a field day in here), but it's true that the world will pay you what you're willing to ask for - it's about confidence, approach and backing yourself to deliver against additional scrutiny and focus - if you do that and you can do it with confidence you'll find you get what you're asking for.

Yes business is business, but people make business and we're all different, so follow your gut and good luck.

[eek]

Probably just above the 50% median if in a HCOL area.
amz is doing 180k basic now

citi seems to be doing 190k basic for 2y experiece. https://www.reddit.com/r/cscareerque...tm_name=iossmf

you’d have to be dumb or hate money to stay on pocket change

No amazon aren't. £180k is their MAXIMUM basic now because any share options are unlikely to vest at a profitable figure. That's for a role I wouldn't be rushing to deal with and I deal with crooks most days.