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Permie Offer

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    #11
    Originally posted by DimPrawn
    MF at 10K pa you are overvalued. Bite their hands off.

    Rule #76: No excuses. Play like a champion.

    Comment


      #12
      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.
      Drivel is my speciality

      Comment


        #13
        MF has stopeed posting. Does that mean he is starting to act like a permie and do some work so that he secures the gig.

        Comment


          #14
          Bah! Paupers the bunch of you.
          Hard Brexit now!
          #prayfornodeal

          Comment


            #15
            Originally posted by Sockpuppet
            MF has stopeed posting. Does that mean he is starting to act like a permie and do some work so that he secures the gig.
            maybe he has accepted 10K pa offer

            Comment


              #16
              Originally posted by sasguru
              Bah! Paupers the bunch of you.
              The longer Hector belives I am a pauper the better!
              Drivel is my speciality

              Comment


                #17
                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%

                So, your 85k contract should be ~ 110k permie

                Comment


                  #18
                  I'm in a similar position with a permie offer in the offing.

                  I'm currently trying to work out what my contract is worth to compare. Does this look reasonable:

                  Day rate: £400
                  Days worked per year: 230

                  Total Gross: 400 x 230 = £92000 (say 90k)

                  Guaranteed expenses:
                  5400 (train ticket)
                  1000 (accounting)
                  600 (other)

                  90000 - 7000 = £83k

                  75-80% seems the going rate for take home of contract value:
                  £62k (75%)
                  £66k (80%)


                  So, now I just need to work out how much a permie wage needs to be to return a better take home. Anyone got a link to a permie calculator?

                  Comment


                    #19
                    Originally posted by sasguru
                    Bah! Paupers the bunch of you.

                    Pity all that dosh doesn't make you beautiful SAS.

                    Comment


                      #20
                      Originally posted by Lucy
                      Pity all that dosh doesn't make you beautiful SAS.
                      You need to combine the wealth of Bill Gates, Richard Branson and the IKEA owner to make him look like a decent guy.
                      I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.

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