money-people thoughts
04-08-2009 | 06:19 PM
#84
PassionFord Post Whore!!
Joined: Oct 2003
Posts: 5,719
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From: Chester
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!
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!
04-08-2009 | 06:30 PM
#85
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
£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
04-08-2009 | 08:02 PM
#88
Advanced PassionFord User
Joined: Aug 2003
Posts: 1,544
Likes: 10
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.
, 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.
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.
04-08-2009 | 08:56 PM
#89
Steve
04-08-2009 | 09:29 PM
#90
Too many posts.. I need a life!!
Joined: Oct 2006
Posts: 503
Likes: 0
From: England
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.
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.
Whoops. I realised how my post read.....I have around £220 per month taken out, not £100.
04-08-2009 | 09:33 PM
#91
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.
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.
What you are saying is true of many people in IT though.
04-08-2009 | 09:51 PM
#92
Too many posts.. I need a life!!
Joined: Oct 2003
Posts: 907
Likes: 1
From: London
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
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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