Permie job offer

[Sockpuppet]

can one live off 45k + 8%? Has anyone else been in the same boat?

Depends where you live and if you are paying a mortgage etc etc.

No mortgage then yes, easily.

[freakydancer]

I guess you are right - although if I take this role i'll have no life and no money.

Do i take it, or do i not? can one live off 45k + 8%? Has anyone else been in the same boat?

Jesus, how detached from reality are you??

Yes, "one" can live quite nicely on 45k.

I know people who live on £30k and don't moan about it.

[notescontractor]

Depends where you live and if you are paying a mortgage etc etc.

No mortgage then yes, easily.

I have a small mortgage. One of the main factors is my skill set. I am a Notes administrator, Notes is dead, so this is a good chance to get trained on some worthwhile stuff.

25k cut is making me shake just thinking about it.

[DaveB]

Never mind the calculators and other whizzy financial tools. Look at how much goes into your account each month, avergage it over 12/18/24 months. Now look at how much will go in from the Permie package. Add on whatever you are paying for memberships - eg PCG, insurance, accountants fees and anything else you won't have to pay for as a permie. Those are the figures you need to compare.

[lilelvis2000]

You permie pay is more than my contract pay! So yes, you can live off of £45K easily.

[wendigo100]

can one live off 45k + 8%?

Well, that's twice the average wage in the UK, so I guess it is possible!

What skills would you hope to pick up at this permie job?

[tim123]

I guess you are right - although if I take this role i'll have no life and no money.

Do i take it, or do i not? can one live off 45k + 8%? Has anyone else been in the same boat?

Of course one can live on 45K + 8%. 98% of the population manage it, do you see them living in cardboard boxes (yes I know that there are a very few who do).

TBH, apart from the on call allowance (which seems a staggering amount BTW) 45K plus 8% plus 'opportunities' (presumably without the need to be on call) is a good swap for 35ph, IMHO. If my current client had offered same I would have said yes (he offered 35K, which I told him was a joke salary), for much the same reason as you, I am seeing interesting contract work dry up.

tim

[tim123]

I have a small mortgage. One of the main factors is my skill set. I am a Notes administrator, Notes is dead, so this is a good chance to get trained on some worthwhile stuff.

25k cut is making me shake just thinking about it.

But when Notes does die, you'll be taking an 80K cut.

tim

[Sockpuppet]

Well, that's twice the average wage in the UK, so I guess it is possible!

What skills would you hope to pick up at this permie job?

More than that. Have you ever rounded up 100 people and told them that on average they should earn £26k etc etc.

I'd guess without city traders etc the average wage is more like £17k

[Rantor]

I have a small mortgage. One of the main factors is my skill set. I am a Notes administrator, Notes is dead, so this is a good chance to get trained on some worthwhile stuff.

25k cut is making me shake just thinking about it.

I think the crux of this is the reason you want to go for this position. As you say, Notes is dead (though taking it's time about it!) and a medium term move would be to realign your skillset. If you can adapt to the permie salary for a year or so, you should be able to relaunch yourself into the contractor world if that is what you want.

I was a Notes bod (all the clp gubbins etc) but jumped ship onto other stuff in 98/99 and everyone I know who remained in that contract market is getting paid less and less each year. If your current gig fell through you might not be able to secure anything that pays as well as your current set-up - 1600 plus per week on average for Notes is way above market rate - and by then a 45k permie role might not seem like such a bad idea.