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Previously on "What salary makes it better to be Permie?"
I used to be a contractor pre-IR35 and then worked abroad (no I wasn't in prison ). Now I am in London and earning a pretty good basic salary.
(Under the current Tax laws I think that my net income would only go up by 12k if I take a 500/day contract.)
So the question is, What salary do all of you guys feel would make it worth staying permie for?
Personally would have to be 85k+ min 25 days holiday, allow home working, car, plus bonus...
It just makes me laugh when people feel the need to brag about what they have, or the (high) minimum they'd work for , but at the same time are proud of owning such a poo car.
Hmm, this does not make sense. I think it is worse to take the P!ss.
Zorba's constructive comments are much appreciated.
The whole 'contractors with cars' thing comes up a lot on this board - whether it's 'cars are evil' or 'cars show how rich you are' or whatever. I'd love to buy a fancier car than I currently own, but I can't get over the fact that I just drive to work and back, and then they just depreciate for 22 hours a day unused.
Once I've got Mrs Zorba the increasingly-fancier house of her dreams, and set the kids up for the future, I'll look at getting a piece of tin. Until then, mundane motors for me.
It just makes me laugh when people feel the need to brag about what they have, or the (high) minimum they'd work for , but at the same time are proud of owning such a poo car.
That is right I am not a contractor! BUT I am not poor either... some of us have other priorities.... I cropped the photo so that you don't see my 4 bed detached house with 3 bathrooms & garage.....
Thas us told Bagpuss, bet his other properties are sh1t.
That is right I am not a contractor! BUT I am not poor either... some of us have other priorities.... I cropped the photo so that you don't see my 4 bed detached house with 3 bathrooms & garage.....
That is right I am not a contractor! BUT I am not poor either... some of us have other priorities.... I cropped the photo so that you don't see my 4 bed detached house with 3 bathrooms & garage.....
I used to be a contractor pre-IR35 and then worked abroad (no I wasn't in prison ). Now I am in London and earning a pretty good basic salary.
(Under the current Tax laws I think that my net income would only go up by 12k if I take a 500/day contract.)
So the question is, What salary do all of you guys feel would make it worth staying permie for?
I think you should sit tight - of course your years of service etc should be taken into account. When you're permy you can fairly reasonably expect increases in your salary, driven by skill and talent or at least inflation. With contracting, rates are in the hands of the gods.
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