This Business and Moment...

Getting a nice chuckle out of this. I realise it's three years old and was made in a time when people were terminally offended and that everyone must change their entire existence lest they accidentally offend someone, but it still makes me laugh that we actually went through this as a society. In a discussion, one person interrupting another is called a "microaggression" and must be dealt with.

If you fancy a chuckle, please do this course :D

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How to Be More Inclusive Online Class | LinkedIn Learning, formerly Lynda.com

Learn how to implement programs and best practices that help your organization be more inclusive.
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dlockers said:
How are other people dealing with the post-100k implications and childcare?

I am in a real productivity rut - if the spreadsheet on the GOV website is correct, I am entitled to £12ph x 38 weeks x 30 hours = 13,680 plus £2k tax-free plus £2k tax-free for my other child. That's £17,680 value whilst they're under two. It gets a bit less than that between 2 and 3, and a bit less again between 3 and 4. But still substantial value.

So to "see" anything in my take home, I need at least £146500k/year in salary to just break even? Assuming a flat 62% rate for assumption purposes.

Organisations need to wake up to this, no?
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Timing wise we missed out of most of the free 15/30hrs childcare but in terms of the tax free childcare I think it depends a bit on how close to the 100k threshold you are and how much you are prepared to give up in terms of disposable income. If you are not far over £100k then to me it's a no-brainer to pay it down under £100k.
What I do is massively overpay pension and buy 5 days holiday but you're still kind of at the mercy of what bonus you end up getting i.e. you don't know what your annual income will be until it's nearly the end of the tax year.

I found getting the tax sorted around pensions a massive ballache and wasted many hours on that with HMRC. Like I made a lump sum payment and if your annual contributions are over the £40k (now £60k) you are supposed to be able to backdate to prior years to use some of your unused allowance from those years but it's really not transparent how this actually gets handled, if it's dealt with properly as it doesn't have an explicit section for that on the self assessment. I still don't really know if I've paid the right amount of tax or not going back years, my gut feeling is I've paid too much because I was getting huge amounts taken out for a period (I was paying way more in tax than my takehome), then I got six grand back as a correction or whatever but that seemed too small an amount.

To be honest, given what a faff I've found it all I'm actually tempted to take ChrisD's approach and just put everything back to default and pay loads of tax, since we need less childcare these days and I'm over the threshold that the 62% marginal tax rate applies (you can't get less than £0 personal allowance) i.e. say I get a £5k pay rise that will give me more increase in takehome than if I earned less money as the effective tax rate is lower.
 
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I'm in my last month of Redundancy. They put me on Garden leave, yet I get 2-3 calls per day asking for help from my "replacement" and the over seas guys.
I'm struggling to understand how my role was actually redundant... If they don't have the skills internally to do what I was doing.

I'm tempted to block all contact.... However, I don't want to risk my 4k payment in January.

I think the company will struggle in Jan. Because I WILL not be answering their emails or calls. (without an hourly compensation heh)
 
HangTime said:
Timing wise we missed out of most of the free 15/30hrs childcare but in terms of the tax free childcare I think it depends a bit on how close to the 100k threshold you are
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With the numbers I can see on the website for my under 2 year old - I would need to clear 150k to break even by my maths.
 
Submitted the first assignment this morning. Free day before the next one appears tomorrow.

It's been a learning journey. Countless years of management powerpoint slides have reduced my English skills to managementese plus my old university level of assignments enabled considerable time to be dedicated to alcohol studies.
 
Some of the interview questions I had in my last few interviews had no purpose, I wonder what the reason behind them was...

Edit:

Had been shortlisted for a job, with two options one is remote and other is hybrid both come with different annual salary. I did the maths and after deducting tax and travel costs (not including lunches/coffees or commute time) the hybrid options works out £100 less per month than the remote option. The only logical explanation to me is that the company is trying to help out with the travel associated costs those who want to come in, otherwise the remote option is a no-brainer. lol
 
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Keep in mind pension, bonus, pay rises etc will likely be based off salary so there are some additional benefits of higher salary beyond take home pay. Even so, I can't imagine many people would choose lower net income after expenses to attend the office.

Being a remote worker may have some other benefits like being able to claim expenses for travel to the office if needed as that isn't your normal place of work. Although check the contract wording, you might be 'effectively remote' but still technically be office-based.
 
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3 weeks of notice left, in the depths of hell.

On the positive side, went out with the team at the new place last week, got an office tour - totally amazing office, great views of the city, then went out for steak - real great bunch, fit right in with them. Also been invited to their christmas party next week, rooftop cocktail party which I'm really looking forward to, will get a good chance to meet new people.

Then it's off to Manhattan for 4 weeks first week of January.
 
HangTime said:
Keep in mind pension, bonus, pay rises etc will likely be based off salary so there are some additional benefits of higher salary beyond take home pay. Even so, I can't imagine many people would choose lower net income after expenses to attend the office.

Being a remote worker may have some other benefits like being able to claim expenses for travel to the office if needed as that isn't your normal place of work. Although check the contract wording, you might be 'effectively remote' but still technically be office-based.
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True, however I was prepared to sacrifice even higher salary for a remote role, so when the JD came via email it made me chuckle. The remote aspect would mean I've more time and energy to continue to upskill. I'm slowly starting to see that limiting yourself to one tech stack is not a good idea in the current market...

I can also see what people are saying about being overqualified for some roles, I suppose the companies/hiring managers are scared you're using them as a stop gap whilst looking for a better opportunity?

Edit:

Anyone else noticed how ridiculous the application forms have gotten? I frequently get asked for home address (I never provide my actual address...) along with my sex preference, only thing missing is what fetishes I'm into and what my favourite dish is. :p
 
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Diddums said:
Getting a nice chuckle out of this. I realise it's three years old and was made in a time when people were terminally offended and that everyone must change their entire existence lest they accidentally offend someone, but it still makes me laugh that we actually went through this as a society. In a discussion, one person interrupting another is called a "microaggression" and must be dealt with.

If you fancy a chuckle, please do this course :D

www.linkedin.com

How to Be More Inclusive Online Class | LinkedIn Learning, formerly Lynda.com

Learn how to implement programs and best practices that help your organization be more inclusive.
www.linkedin.com www.linkedin.com
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bloody saffas
 
Diddums said:
Getting a nice chuckle out of this. I realise it's three years old and was made in a time when people were terminally offended and that everyone must change their entire existence lest they accidentally offend someone, but it still makes me laugh that we actually went through this as a society. In a discussion, one person interrupting another is called a "microaggression" and must be dealt with.

If you fancy a chuckle, please do this course :D

www.linkedin.com

How to Be More Inclusive Online Class | LinkedIn Learning, formerly Lynda.com

Learn how to implement programs and best practices that help your organization be more inclusive.
www.linkedin.com www.linkedin.com
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Why the past tense? This is still valid and its getting worse IMHO...
 
IC3 said:
I can also see what people are saying about being overqualified for some roles, I suppose the companies/hiring managers are scared you're using them as a stop gap whilst looking for a better opportunity?
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Yes, being overqualified means that you are not only have the motivation to apply for better roles but you also by definition are already qualified to do so, rather than it being something you might need to work towards over a couple of years. Maybe you'll jump ship as soon as a better offer comes along.

There's also that sort of undertone of suspicion about whether you are taking your foot off the gas, looking for a role you can coast along in, especially if it's later in your career. I'm not saying that's the right perception to have, but some people will have it.
 
HangTime said:
Yes, being overqualified means that you are not only have the motivation to apply for better roles but you also by definition are already qualified to do so, rather than it being something you might need to work towards over a couple of years. Maybe you'll jump ship as soon as a better offer comes along.

There's also that sort of undertone of suspicion about whether you are taking your foot off the gas, looking for a role you can coast along in, especially if it's later in your career. I'm not saying that's the right perception to have, but some people will have it.
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Yeah, I think the reasoning behind being rejected right after the intro is partially due to them hearing about my short and long-term plans regarding my career progression plans. It's a shame, one opportunity sounded great 34 or 35 hours, fully remote, pay wasn't too bad considering the requirements.

On a side note, I hate it when companies don't have a calendar with available slots that you can book and you have to provide them with time slots via email. It's such a pain when you're in the process with a few companies at the same time...
 
Yes that's a great example of a problem that's been solved but not widely adopted. You book a slot and then someone else wants to book in the same slot. Or you have email ping-pong and by the time the messages are processed slots are no longer available. Really inefficient way of booking meetings.
 
NickK said:
Submitted the first assignment this morning. Free day before the next one appears tomorrow.

It's been a learning journey. Countless years of management powerpoint slides have reduced my English skills to managementese plus my old university level of assignments enabled considerable time to be dedicated to alcohol studies.
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Module 1.. grade 95% class avg 75%.

Only issue is mow I have todo as good again for module 2…
 
Heading back to the UK tomorrow to meet the new VP of finance. Damn american cultura as i have to present some slides on what's important to me outside of work!
 
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