100/hr is around 150-200k depending on hrs.
Best I've earned in a month is the equivalent to over 150k (super tax
) but thats with offshore rate KaHn
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- Thread starter KaHn
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100/hr is around 150-200k depending on hrs.
Best I've earned in a month is the equivalent to over 150k (super tax
) but thats with offshore rate KaHn
Soldato
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100/hr is around 150-200k depending on hrs.
Best I've earned in a month is the equivalent to over 150k (super tax
KaHn
Thought he was talking about a salary
Any jobs in your industry ?
Why doesnt it make sense? If you're someone valued by a company who literally make their money off your skills, then you're an asset that they don't want to lose. If thats what they're going to pay to keep you employed then thats what it is. I don't know about the tax side of it but if you're implying I made it up then there's not much I can do to prove it over the internet!
Thought he was talking about a salary
Any jobs in your industry ?
Yes lots, I've been approached by two operators in the past couple of months (only switched jobs from the biggest contractor in april) and we've been trying to recruit senior and junior structural engineers for the past 6 months.
I'm doing the job of a senior now but just as a mid level engineer but I can't complain as it means a faster CEng for me.
KaHn
Caporegime
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Exactly, he's being paid that much because a client is paying even more for his skills, think our top positions earn the company around £160 an hour so we even make good amounts of money off contractors.
Internets will always question it.
100/hr doesn't seem out of the norm to me. As I said pipeline guys earn more and I was told (late as a grad) that the closer you get to the oil they more you can charge.
KaHn
Soldato
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OK I see your point but what I'm trying to say is that the employee would negotiate a package that would go easy on Tax rather than picking up a straight salary of £200K. No one in their right mind would want to be on a company payroll for £200K - The tax man would just eat you alive
BTW Are we OT yet ?
BTW Are we OT yet ?
Yes we are but I think I have my answer.
From your question direcotrs have to be staff so will get taxed just below the 150k mark and the rest will be shares options.
KaHn
OK I see your point but what I'm trying to say is that the employee would negotiate a package that would go easy on Tax rather than picking up a straight salary of £200K. No one in their right mind would want to be on a company payroll for £200K - The tax man would just eat you alive
BTW Are we OT yet ?
I have no idea about how tax works in situations like that, except that theres several ways to evade (not dodge) high taxes that Im not privy to.
It's easy to not worry about money and be blasé about spending it when you have plenty of it, Kahn 
.
I'm more like Fox nowadays but maybe not quite as 'bad'. I can impulse buy minor things and spend unneccessarily from time to time, but generally I'm pretty obsessed with value for money! I want nice things and absolutely will not entertain cheap tat so always want quality stuff, but I never want to pay any more than I have to. The result is I do massive research before any decision and usually buy stuff second hand. That includes the luxo-barge, hi-fi, camera, gaming PC, Rangemaster cooker, DH mountain bike, etc, etc. In fact I'm struggling to think of major material items I've bought new and can probably count them on my fingers for my entire adult life! Some senny headphones recently... ummmm... some camera lenses in HK a few years ago... shock absorbers, seats, bodywork for the car I'm building several years ago... errr... now I'm already back at uni over a decade ago and can scarcely believe how much I spent as a broke student on a 64MB Geforce 2 GTS and a 'gauranteed to overclock to 933 MHz' PIII 650 + mobo imported from the states. Then there was the £1000 my engineering department gave me just for getting 3 As at A-level which went entirely on fresher's week, hi-fi and climbing equipment . Wow - first time I've analysed my spending habits like that - surprising how much I've changed as I've become an old git.
That's material stuff, social life is a bit different and in particular my attitude towards spending money is completely different when it comes to the wife and I's only major vice - having developped a taste for high-end restaurants. My restaurant-value-for-money-calibration is pretty much broken - so much so that I'm working in Norway now and find myself thinking that whilst most stuff is ridiculously expensive compared to the UK, restaurants are pretty damn reasonable! Others generally agree restaurants are just as silly-priced as other things. But ah well that's something me and the wife really enjoy so why the hell not? I guess it is a bit silly though from an objective point of view that I'd happily sign a restaurant bill for an amount of money that, for example, I'd sooner spend several weekends getting dirty and ****** off under a car than pay out to a garage.
.I'm more like Fox nowadays but maybe not quite as 'bad'. I can impulse buy minor things and spend unneccessarily from time to time, but generally I'm pretty obsessed with value for money! I want nice things and absolutely will not entertain cheap tat so always want quality stuff, but I never want to pay any more than I have to. The result is I do massive research before any decision and usually buy stuff second hand. That includes the luxo-barge, hi-fi, camera, gaming PC, Rangemaster cooker, DH mountain bike, etc, etc. In fact I'm struggling to think of major material items I've bought new and can probably count them on my fingers for my entire adult life! Some senny headphones recently... ummmm... some camera lenses in HK a few years ago... shock absorbers, seats, bodywork for the car I'm building several years ago... errr... now I'm already back at uni over a decade ago and can scarcely believe how much I spent as a broke student on a 64MB Geforce 2 GTS and a 'gauranteed to overclock to 933 MHz' PIII 650 + mobo imported from the states
. Then there was the £1000 my engineering department gave me just for getting 3 As at A-level which went entirely on fresher's week, hi-fi and climbing equipment . Wow - first time I've analysed my spending habits like that - surprising how much I've changed as I've become an old git.That's material stuff, social life is a bit different and in particular my attitude towards spending money is completely different when it comes to the wife and I's only major vice - having developped a taste for high-end restaurants. My restaurant-value-for-money-calibration is pretty much broken - so much so that I'm working in Norway now and find myself thinking that whilst most stuff is ridiculously expensive compared to the UK, restaurants are pretty damn reasonable! Others generally agree restaurants are just as silly-priced as other things. But ah well that's something me and the wife really enjoy so why the hell not? I guess it is a bit silly though from an objective point of view that I'd happily sign a restaurant bill for an amount of money that, for example, I'd sooner spend several weekends getting dirty and ****** off under a car than pay out to a garage.
It's easy to not worry about money and be blasé about spending it when you have plenty of it, Kahn
I wouldn't say I have plently of money, I am in a position where I don't really have to worry about it which is nice.
As for the rest of your post all I have to say is I payed £10/pint in stavanger! I know norway is different but its also expensive
KaHn
That's where I am. At SS7 since it was mentioned. You/your company working on any SS7 projects at the moment?
£10/pint? Meh that's just the local lager. Proper beer sadly costs more
. Have you been to the Cardinal? Beer menu as thick as a phone book! I can even get my local Bedford Charlie Wells stuff.Poured from a can into a glass
For about £12
Awesome place though!
That's where I am. At SS7 since it was mentioned. You/your company working on any SS7 projects at the moment?
£10/pint? Meh that's just the local lager. Proper beer sadly costs more
Poured from a can into a glass
For about £12
Awesome place though!
I used to work for Saipem (yes I know their name isn't that big in the north sea but they are twice the size of technip, subea7 and acergy) I now work for a project management compnay and were getting a few projects from SS7 as you dont have enough people but thats just aberdeen.
Well the 10/pint was just in the airport, havent been in norway for any period thankfully.
KaHn
I work with Saipem, no offence but most of them are Italian and they are the biggest bunch of cowboys ever. Ive got zero time or respect for them at work.
Caporegime
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Small world, I'm of with Saipem to Scarabeo 7 start of next month, it's been an 'interesting' experience trying to get the trip sorted.
thats fine mate, at the end of the day the italians are probably pretty poor at the job but the backing they have its phenominal, regardless of who you work for, just before I left they were plans to buy technip, ss7 and acergy in the down turn as they had streched them selfs.
Working with saipem really depends on which department you work with unfort.
KaHn