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Should I go permie

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    #31
    Ag nooit, nou is daar twee van ons!!
    threenine.co.uk
    Cultivate, Develop & Sustain Innovation

    Comment


      #32
      Originally posted by Hart-floot
      How are you working? Basic Salary + dividends or IR35? Do you contribute to a pension? If so how much etc etc

      Looking at the figures they are quoting, basic salary + pension + bonus + sick and holiday pay + training etc and your earnings at 350pd for a 40 week year the difference doesn't look that great. Looks like a close call to me.

      Contracting

      £350pd * 215 workings days = circa £75K Gross
      80% (LTD) of £75K = circa £60K net

      Permie

      50K (Basic) + 10K (20% Bonus) + 8.5K (Pension) = £68.5K Gross package
      Do I really have to do this bit as it's allready obvious there's a big diff.
      (50 basic + 10 bonus ) * 0.68 (tax etc.) = 41K + 8.5K (pension so tax free) = around 48.5K net

      Difference = 11.5K net.

      I think that's right

      Comment


        #33
        Originally posted by TheRightStuff
        Permie

        20% Bonus

        I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.

        Comment


          #34
          Originally posted by Francko
          cosa?

          Comment


            #35
            Originally posted by TheRightStuff
            cosa?
            la cazzata che hai appena detto
            I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.

            Comment


              #36
              Originally posted by Francko
              la cazzata che hai appena detto
              you saying 20% bonus is BS?

              Comment


                #37
                Originally posted by TheRightStuff
                you saying 20% bonus is BS?
                Right.
                I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.

                Comment


                  #38
                  wrong.
                  20% is correct.
                  10% is guaranteed and 20% is standard. 30% is possible if your work hard ... I won't go any further as I'm not going to get more then 30%.

                  Comment


                    #39
                    P.S jsut remembered. When I was permie 6 yrs ago and worked for another bank I got a 10K bonus and was only on 40K basic. You still think 20% is BS?

                    Comment


                      #40
                      Originally posted by TheRightStuff
                      P.S jsut remembered. When I was permie 6 yrs ago and worked for another bank I got a 10K bonus and was only on 40K basic. You still think 20% is BS?
                      Do you work for BNPP ?

                      Looks like all banks are reducing contractor headcounts....

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