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Reply to: Going perm- what salary?
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Previously on "Going perm- what salary?"
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^^ This. I am on 600+ a day but everything comes out of that, pension, holiday sick, insurance etc, the equivalent in my mind would be 60-70k, 100k is dreamland and only pays for the kind of stress level I don't want or need
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Most perm IT jobs now pay between £30-60K due to supply & demand factors if you want much more your going to need some serious niche skillset & or commercial experience or take on a LOT more responsibility in a management role. Just because you get £600 PD in a contract does not bear any relation to a perm salary whatsoever. Paid holiday, HR costs, employer NI & Tax mean your base salary is costing the company another 15-20% on top you need to factor that in as well!
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Originally posted by loden View PostThat range is not bad. Is this including the bonuses as well?
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Originally posted by loden View PostHi,
I'm currently on £600 p/d. I'm thinking of going into a perm position, mostly because the contract market seems to have changed a lot and there could be long periods on the bench. With a family that's no fun at all.
What would be the corresponding salary for my current rate?
Thanks
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Originally posted by loden View PostHi,
I'm currently on £600 p/d. I'm thinking of going into a perm position, mostly because the contract market seems to have changed a lot and there could be long periods on the bench. With a family that's no fun at all.
What would be the corresponding salary for my current rate?
Thanks
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Originally posted by loden View PostHi,
I'm currently on £600 p/d. I'm thinking of going into a perm position, mostly because the contract market seems to have changed a lot and there could be long periods on the bench. With a family that's no fun at all.
What would be the corresponding salary for my current rate?
Thanks
You have to do what's right for you, and find a company that is willing to pay
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Ultimately, only you can answer this question. I went permie on a rate that would be considered "lower than I'm worth" by many on here and their calculations but I can guarantee that I had more disposable income overall for that period than I had contracting because calcs only work if you don't get benched. If you end up spending 6 months on the bench, well, your £600p/d is basically £300p/d isn't it.
The bad news is that I left to come back contracting because I couldn't handle being employed Financially it was an absolute treat, though.Last edited by vwdan; 28 December 2016, 15:50.
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You would need 100,000/year.
I'm thinking of doing the same thing, but I'd be getting a stake in the company. Which makes the calculation a lot harder.
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Going perm- what salary?
Hi,
I'm currently on £600 p/d. I'm thinking of going into a perm position, mostly because the contract market seems to have changed a lot and there could be long periods on the bench. With a family that's no fun at all.
What would be the corresponding salary for my current rate?
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