Reply to: How can permies earn 6 figures nowdays?

[dotnetter]

I think this answers my question.

http://www.baselinemag.com/article2/...2152052,00.asp

[wendigo100]

I remember when I was a bit younger, I dropped this girl off at her house after a night out, it was MASSIVE, boat outside, two mercs in the drive, double garage etc, she said her dad earned around 150k a year, I asked what he did and she said he was a computer programmer. Anyway found out he worked on ATM software.

To people on the outside, it used to be the case that EVERYONE in IT is "a computer programmer".

When I was designing electronic circuits using CAD/CAE, my mum and sisters always described me as "a computer programmer".

[ChimpMaster]

Salaries have definately gone down and the situation will get worse. I used to earn a permie wage of 50k 8 years ago (and then 70k 4 years ago) and these days if I went for a permie job I would only get the 50k again.

IT is becoming increasingly downgraded in professional status.

Anyway, my aim is to save my contract earnings and invest for the near future so that I don't have to worry about working in IT much longer.

[dotnetter]

Tewkesbury?

It's a lucky dip at the moment; each morning there's something new in the front garden.

LOL

[Chugnut]

...at her house after a night out, it was MASSIVE, boat outside, two mercs in the drive...

Tewkesbury?

It's a lucky dip at the moment; each morning there's something new in the front garden.

[BrilloPad]

Have you factored in the million pound bonus everyone in finance gets at the end of every year?

The bonus is very dependant on your rating. Here the bonus last year ranged from 0% to 100% of salary.

[dang65]

But now, I get permie jobs sent to me for senior C++ positions in the financial industry and banks etc, and the wage is 55-65k.

I mean someone with 15 years + with C++ in financial should be on more than that no?

Have you factored in the million pound bonus everyone in finance gets at the end of every year?

[Churchill]

I remember when I was a bit younger, I dropped this girl off at her house after a night out, it was MASSIVE, boat outside, two mercs in the drive, double garage etc, she said her dad earned around 150k a year, I asked what he did and she said he was a computer programmer. Anyway found out he worked on ATM software.

I thought wow luckily I'm in the game

But now, I get permie jobs sent to me for senior C++ positions in the financial industry and banks etc, and the wage is 55-65k.

I mean someone with 15 years + with C++ in financial should be on more than that no?

Anyway I know you can earn six figures as a contractor but how as a permie? Not that I want to be a permie I want to earn nine figures through my company lol

Am I deluded or did permies earn alot more back then (bear in mind Ive only been in the industry for 8 years)

If you were any good then yes, you would be. It all boils down to your individual circumstances and the choices you make in your career path.

That said, I don't make 150k... yet!

[Diver]

I wonder what would happen if we had a Nationwide "NO IT SUPPORT" Strike for a day or two..hell, even a week. Right across the whole country.

Chaos, and anarchy would rule.

What would it affect?
Hospitals - NHS
Police
Air traffic control
Traffic control
The military
banks
Gas supplies
Electricity supplies
water supplies
deliveries
shops
TV
Radio
Major Transport co's
etc. etc.


There would be riots, Deaths in hospitals, air crashes, road fatalities, food shortages, water and power shortages. The list is endless.

So! everybody up for it next monday

PS. after causing that sort of chaos, what would your life, let alone your job be worth.

[Board Game Geek]

I wonder what would happen if we had a Nationwide "NO IT SUPPORT" Strike for a day or two..hell, even a week. Right across the whole country.

I know it wouldn't exactly win hearts and minds across the whole board, but sometimes you need to wield the baseball bat in order to stick up for yourself.

And before you say "what about mission critical systems ?", my response would be, "The Firemen went on strike", and that was supported by the majority of the UK.

Is IT in the same league as the Fire Service ? The Doctors ? The Police ?

What underpins all these services ?

0's and 1's

[BA to the Stars]

Just look at the level of most of the posts on this board.
That should tell you why most IT people don't earn 6 figs.

HTH

Coming from a man who pays to be employed

[Ivor1]

Dev managers at most the banks I have worked at are on £80k - £100k, same for project managers, plus bonus and pension. £100k plus is for programme managers, £100k - £125k director level, with a max of £150k - £175k for CIO, but bonus at that level around £90 - £100k plus share options. I know this as I used to have to do all the payroll and bonus MI reporting in my permy days

[fzbucks]

Just look at the level of most of the posts on this board.
That should tell you why most IT people don't earn 6 figs.

HTH

I thought you had left???

[dotnetter]

Just look at the level of most of the posts on this board.
That should tell you why most IT people don't earn 6 figs.

HTH

[sasguru]

Just look at the level of most of the posts on this board.
That should tell you why most IT people don't earn 6 figs.

HTH