Net salary difference

NCC1701-A

sultan123 said:

NCC1701-A said:

sultan123 said:

NCC1701-A said:

sultan123 said:

NCC1701-A said:

sultan123 said:

74jax said:

sultan123 said:

74jax said:

I know you said you couldn't access the salary calculator, if you try it on a different Web browser it may help.

Make a list of the 3 jobs, and compare salary, death benefit, health care, hours, commute, holiday etc basically anything that is a comparable to you to get a more overall comparison.

I am struggling to access on any browser.

Everything between 3 offers is equal bar the differences in gross salary so I want to know the net difference monthly and yearly between the 2.

If its all equal can you negotiate with the higher offer, if they are only matching the lower offer's benefits?

Just thinking of other ways for you to compare if it matters to you the difference of 1k (which over 12 months isn't really a lot).  Increased benefits on 80k to 88k could be a big improvement maybe and make it easier for you? 

You are spot on

The 80k offer is less stress whereas the 88k is more stress. Both of these are PAYE.

I do some private work every month which brings in £210 (self income). 

Therefore if I do my private work of 210x12 months then the net annual pay from 88k isn't much for stress I am thinking?

Don't forget you will need to be pay tax etc on your private work plus probably need permission from your employer to work elsewhere.

Your right but even with tax on £210x12 surely thats still not far off from the overall income from 88k

You have an odd definition of "not far off" and will most likely still need permission from your new employer.

I'm curious, what £80k+ jobs require no arithmetic competence.

What is odd about not far off?

To me, the difference is very far off.

But how? a difference of 4k in net isn't that much over a year 

perhaps you could do me the courtesy and answer my earlier question before I respond again.

74jax

sultan123 said:

NCC1701-A said:

sultan123 said:

NCC1701-A said:

sultan123 said:

74jax said:

sultan123 said:

74jax said:

I know you said you couldn't access the salary calculator, if you try it on a different Web browser it may help.

Make a list of the 3 jobs, and compare salary, death benefit, health care, hours, commute, holiday etc basically anything that is a comparable to you to get a more overall comparison.

I am struggling to access on any browser.

Everything between 3 offers is equal bar the differences in gross salary so I want to know the net difference monthly and yearly between the 2.

If its all equal can you negotiate with the higher offer, if they are only matching the lower offer's benefits?

Just thinking of other ways for you to compare if it matters to you the difference of 1k (which over 12 months isn't really a lot).  Increased benefits on 80k to 88k could be a big improvement maybe and make it easier for you? 

You are spot on

The 80k offer is less stress whereas the 88k is more stress. Both of these are PAYE.

I do some private work every month which brings in £210 (self income). 

Therefore if I do my private work of 210x12 months then the net annual pay from 88k isn't much for stress I am thinking?

Don't forget you will need to be pay tax etc on your private work plus probably need permission from your employer to work elsewhere.

Your right but even with tax on £210x12 surely thats still not far off from the overall income from 88k

You have an odd definition of "not far off" and will most likely still need permission from your new employer.

I'm curious, what £80k+ jobs require no arithmetic competence.

What is odd about not far off?

I think it's because you are happy with a rough 'not far off' (which to me is actually far off), but wanted to know exactly the difference between 87k and 88k, rather than roughly. 

sultan123

74jax said:

sultan123 said:

NCC1701-A said:

sultan123 said:

NCC1701-A said:

sultan123 said:

74jax said:

sultan123 said:

74jax said:

I know you said you couldn't access the salary calculator, if you try it on a different Web browser it may help.

Make a list of the 3 jobs, and compare salary, death benefit, health care, hours, commute, holiday etc basically anything that is a comparable to you to get a more overall comparison.

I am struggling to access on any browser.

Everything between 3 offers is equal bar the differences in gross salary so I want to know the net difference monthly and yearly between the 2.

If its all equal can you negotiate with the higher offer, if they are only matching the lower offer's benefits?

Just thinking of other ways for you to compare if it matters to you the difference of 1k (which over 12 months isn't really a lot).  Increased benefits on 80k to 88k could be a big improvement maybe and make it easier for you? 

You are spot on

The 80k offer is less stress whereas the 88k is more stress. Both of these are PAYE.

I do some private work every month which brings in £210 (self income). 

Therefore if I do my private work of 210x12 months then the net annual pay from 88k isn't much for stress I am thinking?

Don't forget you will need to be pay tax etc on your private work plus probably need permission from your employer to work elsewhere.

Your right but even with tax on £210x12 surely thats still not far off from the overall income from 88k

You have an odd definition of "not far off" and will most likely still need permission from your new employer.

I'm curious, what £80k+ jobs require no arithmetic competence.

What is odd about not far off?

I think it's because you are happy with a rough 'not far off' (which to me is actually far off), but wanted to know exactly the difference between 87k and 88k, rather than roughly. 

I am referring to net yearly take home. 4k overall between 80k vs 87k and 88k isn't that much for stress. It is not much more a month.

Grumpy_chap

At these salary levels, which can be considered as "enough" or even generous, whether at £80k or £88k, I'd be basing the choice on factors other than the 10% more or less in financial reward - company culture, training, development, progression opportunities (or not), work-life balance, hours aligned with partner, ability to have school holidays off work, etc.  The actual things that are important will vary between one person and another but, hopefully, you get my drift.

74jax

Grumpy_chap said:

At these salary levels, which can be considered as "enough" or even generous, whether at £80k or £88k, I'd be basing the choice on factors other than the 10% more or less in financial reward - company culture, training, development, progression opportunities (or not), work-life balance, hours aligned with partner, ability to have school holidays off work, etc.  The actual things that are important will vary between one person and another but, hopefully, you get my drift.

Exactly.
Which is why I've said a couple of times to list everything, I know you have said they are all exactly the same, so at least you know the 88k job isn't offering benefits in relation to salary the same as the 80k job.
But what you do with that info is up to you. 
Add to your list responsibility, management etc. Give each row a point score. On paper there will be clear winner, it's then your choice how you use that. 

TBagpuss

I know you had trouble with the other calculator but you may have more luck with this one
https://www.uktaxcalculators.co.uk/tax-calculators/personal-tax-calculators/tax-calculator/

sultan123

TBagpuss said:

I know you had trouble with the other calculator but you may have more luck with this one
https://www.uktaxcalculators.co.uk/tax-calculators/personal-tax-calculators/tax-calculator/

Thanks this is actually easy to use but where is the pension option

sultan123

The July NI limits seem to be increasing net pay?

Dazed_and_C0nfused

sultan123 said:

The July NI limits seem to be increasing net pay?

That is the whole point of them.  The amount you can earn before paying NI is increasing so those already earning enough to pay NI will pay less.

Less NI deductions = more net pay.

What did you think it meant???

sultan123

Dazed_and_C0nfused said:

sultan123 said:

The July NI limits seem to be increasing net pay?

That is the whole point of them.  The amount you can earn before paying NI is increasing so those already earning enough to pay NI will pay less.

Less NI deductions = more net pay.

What did you think it meant???

I thought it would increase net pay for those who earned lower amount