Originally Posted by
Lima Juliet
Also, the same goes for the £70k lump sum at OCU+7. It’s a friggin’ big wadge of cash, even after tax you should have £41k (ish) after tax and NI. Again, think of it as a lump sum and not the 6 yr ROS. It costs you nothing, it is conveniently house deposit sized and your wages (basic and RRP(F)) will still go up during that time.
LJ - you speak a lot of sense and I agree with the vast majority of it. However, "costs you nothing" is a dangerous phrase to use.... You view it as front loaded pay - the reality is it's back-loaded pay, as up until the point of receipt you've been on near-blunt wages. It also comes at the point where you've probably just about had enough of belt-fed dets and Q/Standby, you've got 2.4 toddlers and your Mr/Mrs would quite like to have you at home! Admittedly there is a positive recruitment environment just now, but when you compare that extra money to what can be had elsewhere, whilst it's not to be sniffed at, purely on financial terms I'd hardly call it strongly competitive!