salary prospects

Lucero said:
I graduated top of my class last year too and won "best final year project" award with a princely prize sum :)

But that was my 2nd time at uni. The grad scheme where I work is fairly good although we don't see anywhere near the money we are charged out at £700 a day.

So, contracting for me next year, £3k a week? I thank you...........
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Contracting for the same company or out on your own?
 
But my job code (the one I mentioned), is the HP one I was mapped to when I was TUPE'd in. I was just wondering if the salary they pay me (dictated by my last company) was in the range for that code.
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The one you were mapped onto has no relation to your current, or future, salary. You still sit under your TUPE conditions. the HP job code in your case is entirely symbolic as far as salary goes - it's more relevant to your roles and responsibilities - which will be roughly similar to your old "image" grade/job code.
 
meghatronic said:
Interesting. So it's effectively £27200 equiv. in Edinburgh - tax = £21k ish. Not entirely bad, but they are getting teaching out of you.
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More or less. 8% of the tax I pay is a pension, I can withdraw all this money upon leaving Switzerland or get a Swiss state pension if I retire within switzerland.


Some of my friends who have completed their PhD or even with just a Masters are working towards the 100K CHF a year salaries. And non of them do any investment banking type jobs. Thats getting to £60K pa with 2-3 years experience.

Tax in general is lower than the UK even at the high pay scales.
For starters VAT is only 7.25%, so half that of the UKs current VAT. Many things like electronics end up cheaper here.
 
Obviously not all but i think some people in this thread are telling a few lies, nearly every post is someone saying they walked straight out of uni and into a job paying 30k plus.

Unless of course everyone here is a lawyer, doctor etc ........
 
amigafan2003 said:
Have you been in for 13 years though? Also, I'm on civil service terms and conditions so get the progression pay rise every year (although I think we'll have to strike for it this year). I think the starting salary for an S/W engineer in HP is 16k so if you're 30 and been in for 7years I'd hazard a guess at 23k/24k? Am I close?
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I suspect he is on considerably more than you - are your figures after tax or something? 13 years as an engineer and only as far as 28k seems.. a bit wrong?
 
Judge said:
Obviously not all but i think some people in this thread are telling a few lies, nearly every post is someone saying they walked straight out of uni and into a job paying 30k plus.

Unless of course everyone here is a lawyer, doctor etc ........
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You don't need to be a lawyer or doctor to be paid >30k straight out of uni. You just need to be good at what you do and know who to impress.
 
Judge said:
Obviously not all but i think some people in this thread are telling a few lies, nearly every post is someone saying they walked straight out of uni and into a job paying 30k plus.

Unless of course everyone here is a lawyer, doctor etc ........
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Doctors get paid squat, around £21k after their 5 years. It's only after around 10+ years and consultancy levels that they start earning lots.

Also you have to remember, the city pays a lot, however engineering and the oil/gas industry also pay huge amounts. My (hoped for) expecations were borrowed from someone who went into an oil/gas service industry (usually paid less than working for the big four (oil and gas companies). He started on 25k and was on 6 figures within 10 years. Engineering can easily be similar, civil engineers with a little bit of specialisation within their course (eg offshore or coastal) can easily start on £27k.

The only problem I have at the moment is I can't find a job within the oil and gas industy, they don't seem to be employing at the moment.:(
 
Made me smile, it will be a repost as everything I find seems to be a repost but is worth a read in the context of this thread.

A boat docked in a tiny Mexican fishing village.

A tourist complimented the local fishermen
on the quality of their fish and asked
how long it took him to catch them.


"Not very long." they answered in unison.

"Why didn't you stay out longer and catch more?"

The fishermen explained that their small catches were
sufficient to meet their needs and those of their families.


"But what do you do with the rest of your time?"

"We sleep late, fish a little, play with our children,
and take siestas with our wives.
In the evenings, we go into the village to see our friends,
have a few drinks, play the guitar, and sing a few songs.

We have a full life."

The tourist interrupted,


"I have an MBA from Harvard and I can help you!
You should start by fishing longer every day.
You can then sell the extra fish you catch.
With the extra revenue, you can buy a bigger boat."

"And after that?"

"With the extra money the larger boat will bring,
you can buy a second one and a third one
and so on until you have an entire fleet of trawlers.
Instead of selling your fish to a middle man,
you can then negotiate directly with the processing plants
and maybe even open your own plant.

You can then leave this little village and move to Mexico City ,
Los Angeles , or even New York City !
[

From there you can direct your huge new enterprise."

"How long would that take?"

"Twenty, perhaps twenty-five years." replied the tourist.

"And after that?"

"Afterwards? Well my friend, that's when it gets really interesting, "
answered the tourist, laughing. "When your business gets really big,
you can start buying and selling stocks and make millions!"

"Millions? Really? And after that?" asked the fishermen.

"After that you'll be able to retire,
live in a tiny village near the coast,
sleep late, play with your children,
catch a few fish, take a siesta with your wife
and spend your evenings drinking and enjoying your friends."

“That’s what we are doing now” Replied the fishermen

And the moral of this story is:

........ Know where you're going in life.... you may already be there!!
 
Well said Housey - I'm exactly where I want to be - in fact I think I've over reached a little - I think I need to throttle back a bit :-)

I suspect he is on considerably more than you - are your figures after tax or something? 13 years as an engineer and only as far as 28k seems.. a bit wrong?
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Government contract = same company for 13 yrs = working in Blackpool = £28k is bloody good. Colleagues sat around me - some earn less - some earn more (some maybe 20% more but they have a few extra responsibilities - like talking to customers - eurgh!).

Why does everyone think if you're in IT then you must be rolling in it? As I said earlier, you have to hop companies to get significant pay rises. I don't want to do that - I don't want to move house - I don't want to commute further - I don't want to work extra hours or overtime - I like the benefits 13yrs working in the same company have bougt me (42 days holiday a year, extended flexi time, respect from peers etc).
 
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Amp34 said:
The only problem I have at the moment is I can't find a job within the oil and gas industy, they don't seem to be employing at the moment.:(
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I've heard that turning up with oil on your face wearing an orange boiler suit helps your prospects. Willingness to muck in :D


Lucero said:
Yes. Which is why I really really want to do it.
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In this climate where there are plenty of companies shedding their contractors.

;)
 
-Ad- said:
I've heard that turning up with oil on your face wearing an orange boiler suit helps your prospects. Willingness to muck in :D
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:p

I already have a 6 week internship under my belt and a 2:1 in Geology, however there don't seem to be any jobs out there. dammit:p

you also get weeks off at a time, 20 days holiday a year? Pah, rubbish!:D
 
D.P. said:
More or less. 8% of the tax I pay is a pension, I can withdraw all this money upon leaving Switzerland or get a Swiss state pension if I retire within switzerland.


Some of my friends who have completed their PhD or even with just a Masters are working towards the 100K CHF a year salaries. And non of them do any investment banking type jobs. Thats getting to £60K pa with 2-3 years experience.

Tax in general is lower than the UK even at the high pay scales.
For starters VAT is only 7.25%, so half that of the UKs current VAT. Many things like electronics end up cheaper here.
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I a friend left her UK PhD to work for Novartis (I think) in Basel. She earns £50k+. It's crazy country :D.
 
-Ad- said:
In this climate where there are plenty of companies shedding their contractors.

;)
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There's been a signifcant increase in contract markets the last few months. I won't be changing for another 12 months yet. If you have a skillset, are willing to self develop and have clearance (which I do), you are normally well looked after in the contracting arena.

Don't forget though, no company pension, no paid holiday, no paid sick leave and expect to shell out £10k a year on training to stay at the top of your game. It will be challenging, of that I have no doubt
 
You also need to be proficient in making simple things sound as complicated as possible using words and phrases like 'self develop' and having a 'skillset' and utilising 'synergistic implementation methodologies'.
 
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