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I demanded that I be made a director and to be the highest paid member of staff when I joined my current company. The pay is rubbish though, but the company is growing very nicely since I joined.
In the current market, you definitely need to be asking for more than your contract rates to make up for:
1) PDP stuff : +2k (my estimates)
2) Politics : +3K
3) Increased working hours 'to show commitment' (let's say 3 hrs extra a week @40/hr) : + 6k
4) discount the 'perks' such as pension contribution, insurance, to what you would pay on the open market. A third reduction is probably a good rule of thumb
5) Increased tax liabilities: ~20%
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