Pharma Industry - £461.25 daily rate - what salary should I expect as a permie?

[BR14]

wots a BA? -is that like a PM? or IC? total waste of space?

[BrilloPad]

What benefits do you get? What pension contribution will they make?

[cojak]

Be mindful that unless your circumstances are exceptional then it is very unlikely you will get anywhere near equivalent gross salary as calculated by day rate (some contractor calculators are out there to get a basic idea of how they stack up when tax etc is taken into account), due to nature of difference between contract and perm and all the non-monetary employee 'benefits' the client will likely add to the mix to make a direct comparison meaningless.

Completely agree with this.

Telling people on £450pd that they should demand £80K is ludicrous.

To take an example: a Business Analyst on £450pd would consider themselves lucky to find a Senior BA role going for £45K - £48K in the East Midlands.

[Hobosapien]

What salary are they offering? That's all you can expect, but for negotiating purposes you can check job sites for similar vacancies in the region as a way of assessing where in the ballpark their initial offer is, then negotiate upwards if you think you can squeeze them for more.


See ITJobsWatch for historical data if there are few comparable vacancies on the job sites.

Be mindful that unless your circumstances are exceptional then it is very unlikely you will get anywhere near equivalent gross salary as calculated by day rate (some contractor calculators are out there to get a basic idea of how they stack up when tax etc is taken into account), due to nature of difference between contract and perm and all the non-monetary employee 'benefits' the client will likely add to the mix to make a direct comparison meaningless.

Whatever happens, assess the job as what else it is offering in terms of career projection as it's not just the money that matters. Sometimes it's worth taking a slightly lower pay if there is potential and you actually like the place and the people currently within it.

[cojak]

I am currently making £461.26 per day in a Pharma company but I have been offered a permanent position.

What basic salary would be appropriate considering my daily rate?

That would depend on where you are living and what you are doing. A reasonable salary in the north would not be considered reasonable in the south. Also the salary for an infrastructure engineer wouldn’t be the same as a software engineer.

But on £460 (the pennies mean that you are on a FTC) I would just say that the minimum you should expect would be around £60-65K pa if you are experienced and senior at what you do.

[Dib]

I am currently making £461.26 per day in a Pharma company but I have been offered a permanent position.

What basic salary would be appropriate considering my daily rate?