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money-people thoughts

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Old 04-08-2009 | 06:05 PM
  #81  
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Originally Posted by twoblacklines
Where do you think they get their money from
Previously oil, now tourism, finance and owning 50% in every business??
Old 04-08-2009 | 06:12 PM
  #82  
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Hi Nick,

What field in IT are you in ?

Regards

Ranj
Old 04-08-2009 | 06:18 PM
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Ranj I'm not in IT, I'm in building services engineering and project management
Old 04-08-2009 | 06:19 PM
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In answer to the original question, i think having 1/3 of your wages left is a very good position to be in.

Its tough, I left a permenant contract position to take a 2yr training post knowing that at the end of the 2yrs i would have to 'apply' for my job. Now I have the qualifications to be on a higher pay scale (17k-22K) but they dont have enough money to keep me now. (its the NHS, say no more).
Still, its a better position than before. I could earn £17-19 an hour if i get my arse into gear and sort out registration fee's and locum agency crap.
ugghh!
Old 04-08-2009 | 06:30 PM
  #85  
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me and the mrs "earn" roughly 3k between us take home

£1300 on child care and roughly £1700 running costs (mostly made up of the mortgage) so we are relying on the £900 or so we get back in tax credits to make our "spare" money

so no better off than someone earning £1k and spending £1k
Old 04-08-2009 | 06:32 PM
  #86  
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Worth doing though Ellie, if the QOL is good, its not all about money
Old 04-08-2009 | 07:47 PM
  #87  
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i dont get wages at the moment

but when i do a 3rd left after all the outgoings would be great
Old 04-08-2009 | 08:02 PM
  #88  
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Originally Posted by Elwood
I feel that pain, not quite a couple of £k per month though.

Slightly deviating away from the original question, how many people out there still have a genuine decent final salary pension scheme? I lose around £100 from my take home pay each month, but this means I won't struggle when it comes to retiring early-ish.
I'm in one, I currently pay 11% of my wages, but due to the recession, there is talk of upping my contributions to 15%

Whilst I appreciate that there are others worse off right now, when I started this job the pension plan/security were one of the main reasons I joined, that;s in part why I accept the average wages and crap working conditions. So for the buggers to screw me now and change my working conditions seems harsh to me.
Old 04-08-2009 | 08:56 PM
  #89  
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Originally Posted by Elwood

Slightly deviating away from the original question, how many people out there still have a genuine decent final salary pension scheme? I lose around £100 from my take home pay each month, but this means I won't struggle when it comes to retiring early-ish.
Try £275.18 every 4 weeks from mine

Steve
Old 04-08-2009 | 09:29 PM
  #90  
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Originally Posted by arch
I'm in one, I currently pay 11% of my wages, but due to the recession, there is talk of upping my contributions to 15%

Whilst I appreciate that there are others worse off right now, when I started this job the pension plan/security were one of the main reasons I joined, that;s in part why I accept the average wages and crap working conditions. So for the buggers to screw me now and change my working conditions seems harsh to me.
I do believe we're in the same line of work

Originally Posted by cossie4i
Try £275.18 every 4 weeks from mine

Steve
Whoops. I realised how my post read.....I have around £220 per month taken out, not £100.
Old 04-08-2009 | 09:33 PM
  #91  
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Originally Posted by twoblacklines
Your forgetting that, unless im wrong, but it holds true with most people in chips profession, that IT coders on contract have to renew their MCSE/CISCO/whatever EVERY 3 years at much greater cost than £1000. I think its something like £5k for an advanced cisco qualification.

Its all relative, chip earns 3-5x as much as you, but lives in london which costs 3-5x as much as where you live to live, and has to shell out for requalifications that cost 3-5x more than yours

Im speaking of this as i am in a similair field, i just cant be bothered to learn it.
I dont have any qualifications that I have to pay for, my only qualifications are ones that dont expire, like my degree, the main qualification I have is simply my experience, and thats what gets me jobs, I havent actually applied for a job for about 10 years, they always find me, and when people come and find you based on a recomendation they dont then start asking you for bits of paper as they already know you can do the job.

What you are saying is true of many people in IT though.
Old 04-08-2009 | 09:51 PM
  #92  
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Well having 1/3 of your wages to waste/save whatever is rather nice.
Im 26, living with my fiance and baby daughter, after the mortgage/bills/petrol/food we have about £200 each to live with, so about 15% of my wages.
In respect to that, be greatfull comment.
I fucking hate that saying, anyone that has earned their position should thanks themselves.
That saying is used far too oftern by employers as leverage.

Mike
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