Just turned down 550 a day

**NeverBeenNorthOfTheM25** · 2 February 2010, 11:01

Originally posted by DocP View Post

For a perm role. I think I made the right choice.

perm roles quote day rates?

**cojak** · 2 February 2010, 11:03

Keep telling yourself that - you might even end up believing it...

**Xenophon** · 2 February 2010, 11:05

Originally posted by NeverBeenNorthOfTheM25 View Post

perm roles quote day rates?

I think he means he turned down a £550 per day contract and accepted a perm role. I may be wrong of course.

£550 per day as a perm (i.e. PAYE) is £143,000 per annum...

**DocP** · 2 February 2010, 11:07

Turned down contract

You read that right.

550 per day = 67k perm, when IR35 / bench / travel costs are included. By my calculation.

Perm = 75k + bonus. So choose perm

**NeverBeenNorthOfTheM25** · 2 February 2010, 11:10

Originally posted by DocP View Post

You read that right.

550 per day = 67k perm, when IR35 / bench / travel costs are included. By my calculation.

Perm = 75k + bonus. So choose perm

Dude I totally disagree with you there unless your bench time is like for a year in between contracts.

I would always take 550 a day over 67k ......... always...... even in the middle of a recession.

But lest I be accused of pi$$ing on your parade, then let me congratulate you.

**Moscow Mule** · 2 February 2010, 11:25

By my calcs you're about £1000 a month worse off with the permie (I've assumed a £5k bonus)

http://www.thesalarycalculator.co.uk/salary.php

Dunno how much you spend on travel though...

**ratewhore** · 2 February 2010, 11:27

Of course, you are all only looking at the financial side of things. I've taken a rate cut to move gigs because I am bored out of my head.

More to life than money...

**jimjamuk** · 2 February 2010, 11:28

1 + 1 = 3 by my calculation

**Moscow Mule** · 2 February 2010, 11:31

Originally posted by jimjamuk View Post

1 + 1 = 3 by my calculation

Well done, you carried the one.

Just turned down 550 a day