What do you earn?

[JLW]

I'm almost in the highest bracket but i make large sacrifices for that.

I am not money hungry whatsoever i just don't know anything else that could pay me and give me a nice lifestyle.

I sacrifice 6 months of my life floating around the worlds oceans working 84 per week so it comes at cost, missing birthdays Christmas weddings funerals nights out etc...
If i could find a job at home that was secure and a decent wage then i would take it in a heartbeat.

 

[IrishBlue2022]

It quite insane isn't it! 25% pension contributions generally I think it is. I've been pushing the missus to get a job at the births/deaths/marriages office in Southport for years.. Pension mainly being the main point as you say!

I think it's based on grade bands but almost certain mines is 30.7% employer contribution and 5.45% employee contribution on top of that.

 

[Kurt.]

It quite insane isn't it! 25% pension contributions generally I think it is. I've been pushing the missus to get a job at the births/deaths/marriages office in Southport for years.. Pension mainly being the main point as you say!

My daughter works in the prison service for HM government… her benefits package is unbelievable, she’ll be able to retire at 50

 

[ArtetaMoney]

My daughter works in the prison service for HM government… her benefits package is unbelievable, she’ll be able to retire at 50

Fully deserved working as a screw.

 

[Yarrgh]

Why was 81k chosen as the top band lower limit?

I work on a PAYE hourly rate as a contractor. Looking to get another job outside of IR35, a pay cut on the hourly rate but tax efficient to the point of it being 50-70% more if I thrash the hours.

 

[JLW]

Ive told my kids that whatever career path they choose make sure you enjoy it so it doesn't feel like work.

Nothing worse than going into a job everyday that you hate, it effects you mentally and also your personnel life.

 

[Kurt.]

Fully deserved working as a screw.

I take my hat off to her… I couldn’t do it … I’d be scrapping every day

 

[Sweeneytoad]

29-38k range for me, but then I get 42 days a year off, only work 8-4 Monday to Friday and don't have to think about work outside of it. So it's a good life really.

 

[Bedfordblue]

If we had rep I'd neg rep you for that being a The S*n branded Gif. Mind you, illustrates the point I suppose. Odious bloke, odious newspaper. A good fit.

didn’t see that - from GIPHY

 

[Kurt.]

Ive told my kids that whatever career path they choose make sure you enjoy it so it doesn't feel like work.

Nothing worse than going into a job everyday that you hate, it effects you mentally and also your personnel life.

This ^^^.

My previous job gave me great time off …. 4 days away then 8 days home but the 4 days were 24 hour shifts, if you had a bad shift it was a nightmare. Don’t get me wrong, the flip side of it was great getting outdoors and playing on kayaks or mountain bikes etc but it was heavily outweighed by the bad. The first 2-3 days you were home were spent getting over the previous 4 days and catching up on sleep. Then you could enjoy the next couple of days before the realisation that you were going back away again in 2 days started to hit and the sick feeling in your stomach would start to rise . My job now is stressful in its own way but also enjoyable, I’ve stepped in to manage a team who have no manager for a few months so at the moment I’m constantly trying to put out fires everywhere but I enjoy it and the challenges it throws up… I actually get to use my grey matter for a change which is good.

 

[Daveysgingerlovechild]

didn’t see that - from GIPHY

Yeah, easy one to miss - nearly posted one myself the other week but caught it and drank some bleach in penance.

 

[Eggs]

My daughter works in the prison service for HM government… her benefits package is unbelievable, she’ll be able to retire at 50

….good on her.

 

[Billy Dean]

Ive told my kids that whatever career path they choose make sure you enjoy it so it doesn't feel like work.

Nothing worse than going into a job everyday that you hate, it effects you mentally and also your personnel life.

This is what I will tell my kids if I ever have any and I will try my best to guide them in that direction.

 

[Bedfordblue]

Why was 81k chosen as the top band lower limit?

I work on a PAYE hourly rate as a contractor. Looking to get another job outside of IR35, a pay cut on the hourly rate but tax efficient to the point of it being 50-70% more if I thrash the hours.

Good luck, bit of a minefield atm and a lot of company’s are shying away from gross tax status contractors….
Plenty of umbrella companies but you might be suprised how little benifit that is now, same to a lesser degree with gross tax status contracting tbh esp now dividends have been hammered.
About the biggest benifit now is the pensionable income but that’s not going in your pocket (yet) obviously.

 

[Billy Dean]

the thought of only 2-3 weeks holiday per year is totally grim.

Yeah it's mad, I think the norm is around 10 days or something. Maybe it's a bit better now, not sure

I get 15 which is pretty standard.

My brother works in the US and gets 15 days I think. I could be wrong but what I can tell from him is that it also depends on length of service, i.e. the longer you work at a place the more holiday they give you. He also seems to have an arrangement with his boss where his boss just lets him take paid time off outside of annual leave. Not sure if that's widely done in the US generally.