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UK Treasury trying to find a Head of Cyber Security for £55k

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Re: UK Treasury trying to find a Head of Cyber Security for £55k

#161

Post by Aeolun »

ubercow13 wrote: post #116
ZephyrBlu wrote: post #88

Earlier quoted context omitted.

You think you would triple or quadruple your comp in Aus? The US I get, but Aus seems to be about the same as the UK. Also, how is your marginal tax rate 60%? I'm guessing you mean 40%. https://www.gov.uk/income-tax-rates

Personal allowance tapers after 100k, making the effective marginal rate 60% between 100-125k. If you include student loan payments too, it's actually more like 69%! There are other even more extreme marginal rates hidden in the tax system if you have children, I believe there are even some circumstances of >100%

Between 100k and 125k, but your average/effective tax rate is still around 40%.

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#163

Post by petesergeant »

newsclues wrote: post #140
baazaa wrote: post #75

This is a problem across the civil service, although not as stark as this example usually. The cult of the generalist has long meant that specific skills are considered almost worthless. Instead of the civil service being an assemblage of people with different skill-sets, it instead consists chiefly of administrators with no more skills than a high-school graduate (although they do have tertiary degrees). Jobs which…

Seems like a way for elites to maintain control. Much like unpaid internships, the paths and positions of power are made unattractive to intelligent and hardworking people who lack generational wealth to work for free or far less than market value, especially when cost of living is so high.

Have you met many civil servants in the UK? Generational wealth isn’t a term I’d associated with them

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#164

Post by vidarh »

williamvds wrote: post #134
vidarh wrote: post #114

Earlier quoted context omitted.

My council tax in zone five for a mid range priced terraced 3 bedroom house is below £200 a month before the single person deduction (25%). Literally the first search for a 1 bed property to rent in zone 5 (Croydon, specifically), showed up several around 1100/month. The furnished ones in the more expensive new-builds certainly are around the 1500/month range. Those are in band A, while my house is in band D, so even…

I have to assume other young people, like myself, want a mostly furnished place because dragging a ton of furniture around is very annoying. Especially when you're forced to move around every few years because the rents keep hiking up. And I don't think the adverted price are representative of how much you'd end up paying in just rent. My current place went up £200/mo from £1800/mo advertised, because the agent went…

My girlfriend shares a 2 bed and pays 850/month for her share. If you want to live in the most attractive places, then sure, you will be bidding against people.

The point, though, was that lower prices are available. If you choose not to take advantage because it's not as convenient as you like, that's a valid choice (though if you opt for several hundred pounds difference a month to avoid calling a removals firm once every few years, I question that choice; been there, done that, it's not that much effort)

To be clear, housing prices in the UK are atrocious, even if it's possible to do better than the person above stated.

Personally I'd favour the government basically forcing prices down by guaranteeing to pour money into added construction until the market crashes. I'm saying that as a homeowner because for most people, me included, it'd be better if the prices come down so we can afford to trade up, and it'd be cheaper to provide for some limited bailouts for people left with mortgages under water, than to continue having this massive drag on the economy because it's now advantageous for developers to sit on land and wait for it to appreciate before building as an exit (e.g. one of the plots near my local station that is finally being built on now was standing empty for over a decade before the owner of the land started doing anything).

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#165

Post by whatyesaid »

nindalf wrote: post #157
baazaa wrote: post #75

This is a problem across the civil service, although not as stark as this example usually. The cult of the generalist has long meant that specific skills are considered almost worthless. Instead of the civil service being an assemblage of people with different skill-sets, it instead consists chiefly of administrators with no more skills than a high-school graduate (although they do have tertiary degrees). Jobs which…

I’ve had the misfortune to work with Accenture acting on behalf of the UK government. They’ve somehow managed to stretch a software project 2 years past delivery date, bleeding the UK taxpayer dry the whole time. At no point have these people shown even a shred of professionalism or competence. All the while I’m not even sure the boffins at Whitehall even realise they’re being robbed blind. But to be fair, if it wasn…

Reminds me of how the HealthCare.gov website cost 2.1 billion and yet had countless issues when it was launched.

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#166

Post by LandR »

jstx1 wrote: post #87
onion2k wrote: post #37

Earlier quoted context omitted.

£100k in the UK a top 10% wage for the country, but the wages in the UK are massively skewed towards London and the South East. As for the tax, we have progressive taxation in the UK. Earning £100k, you'd pay 0% on the first 12.5k, 25% on the next 70k or so, and 45% on the last 27.5k (numbers are from memory so they might be a little off). High wage earners are not giving up half their income in tax. That'd be silly.

Your numbers are way off. It's: Basic rate of 20% on earnings between £12,571 and £50,270. Higher Rate of 40% on earnings between £50,271 and £125,139. Additional Rate of 45% on earnings from £125,140. (this is from the tax year starting next week, it used to be £150k instead of £125k) You also gradually lose your tax-free allowance if you make over £100k so there's a weird dead zone in which your marginal rate is so…

Are for those of us in Scotland, that 40% is 41% :/

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#167

Post by sandworm101 »

agilob wrote: post #121
makingstuffs wrote: post #86

I get a lot job offers in my LinkedIn inbox and newsletters from places like glass door as I like to keep my eye on the market. One thing I’ve been seeing a lot recently is salaries for dev roles steadily dropping in the UK. The concerning thing, in my opinion, is that the poster linked by OP seems disillusioned as to the standard of living in the UK. They specifically mention being paid £55k as being equivalent to $…

> They specifically mention being paid £55k as being equivalent to $100k in the US. It isn’t. I think you're missing some benefits. I don't know anything specific about this job offer and what would be on the paper offer, but UK public sector offers quite insane benefits compared to private sector, where salary might be like 50-60% of total compensation. Some I'm failiar with: free access to public nurseries (normal…

If you are the sort of person positioned to take advantage of those benefits, many of which are aimed at people with young families: some kids, but not so many that you want a larger living area. This serves to narrow the field of prospective applicants to those of a paticular social and cultural class. A single person whith hobbies outside the narrow field of acceptability will not apply. Anyone who would rather go on a backpacking trips than endulge in spa days would rather have the money than the spa benefit. In the end, such specific benifit packages tend to promote a very paticular london lifestyle.

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#168

Post by sumedh »

makingstuffs wrote: post #86

I get a lot job offers in my LinkedIn inbox and newsletters from places like glass door as I like to keep my eye on the market. One thing I’ve been seeing a lot recently is salaries for dev roles steadily dropping in the UK. The concerning thing, in my opinion, is that the poster linked by OP seems disillusioned as to the standard of living in the UK. They specifically mention being paid £55k as being equivalent to $…

> I will not be surprised to see an exodus of skilled workers over the next decade.

Two people from the UK joined my team in Australia who work in tech in the last two months. They both had the same complaint, life is not good in UK.

Re: UK Treasury trying to find a Head of Cyber Security for £55k

#170

Post by whatyesaid »

alibarber wrote: post #98
makingstuffs wrote: post #86

I get a lot job offers in my LinkedIn inbox and newsletters from places like glass door as I like to keep my eye on the market. One thing I’ve been seeing a lot recently is salaries for dev roles steadily dropping in the UK. The concerning thing, in my opinion, is that the poster linked by OP seems disillusioned as to the standard of living in the UK. They specifically mention being paid £55k as being equivalent to $…

I'd be reasonably certain that $100k in the Bay Area would leave you with pretty much the same lifestyle you describe here in London. There is quite a gap between London and the UK as a whole, for better and for worse.

Are they paying 100k in the Bay Area or more upwards of 200k?
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