How much would you earn as a permie?

[scooterscot]

Work out how much £45k is take home on PAYE these Brownian days. Very, very depressing

£2700 a month is depressing?

What do you do with it?!!

[downsouth]

£2700 a month is depressing?

What do you do with it?!!

Exactly, in permie world it might sound low but one thing to remember is that even with a month off sick you would still get £2700, naff all if you contracting

I know what I would rather be doing, counting the cash rather than worrying you've lost £XXK cos you aint worked

I've seen a lot of bravado in the contracting world, bragging of rates and all of them have gone back into permie world cos they cant stand the void periods between gigs

Personally I'd be looking at salaries in the £55K-65K region for my sector, but very often they are mgmnt positions, which aint for some

[shoes]

I've seen a lot of bravado in the contracting world, bragging of rates and all of them have gone back into permie world cos they cant stand the void periods between gigs

I can't stand the gig periods between voids.

[chris79]

£2700 a month is depressing?

What do you do with it?!!

Anyone who finds £2700 a month depressing either has a high standard of living, or mis-manages money.

[Sysman]

Anyone who finds £2700 a month depressing either has a high standard of living, or mis-manages money.

It's certainly depressing for those of us who got used to saving that amount a month.

[Fred Bloggs]

Has it changed much since Labour came to power? I thought the rates and thresholds had been relatively stable, and the UK higher-rate of income tax is lower than many EU countries?

2 words. National Insurance.

[Fred Bloggs]

£2700 a month is depressing?

What do you do with it?!!

I don't. I earn double that as a contractor

[scooterscot]

I don't. I earn double that as a contractor

Usually I clear five figures every month, but my out-goings are never near that quoted that's why I've already taken 4 months RnR already this year.

Being a contractor has taught me to watch how every penny is spent an attitude that did not register when being a permie.

[chicane]

Anyone who finds £2700 a month depressing either has a high standard of living, or mis-manages money.

Or has bought a house in a non chav infested area in the last 12 months.

[NickFitz]

Of course, the question is itself pernicious in that it assumes that there is a difference between being employed by a company that happens to be owned by oneself and a company that happens to be owned by others.

If you're a contractor because you want to be in business for yourself, then you are a permy - you have accepted a permanent position in your own business.

If you're a contractor because you want a few tax breaks, but will immediately return to ownership by another, wagging your tail, if the price is right... well, then you earn what you deserve. Or rather, what somebody else thinks you deserve.

FWIW, I am worthless, but also priceless. Wage slaves won't understand this, others will.