Recent content by MagusKAN

  1. M

    How much money do you earn? And how do you spend it?

    Exactly my thinking. The houses around most mining towns aren't worth it. I'd only consider owning again if we relocate to a better city.
  2. M

    How much money do you earn? And how do you spend it?

    Lots of driving at work, and we visit friends living in civilisation on weekends. edit: R145k - R20K pension = R125k taxable income. R42k tax in ball-park.
  3. M

    How much money do you earn? And how do you spend it?

    Same company for 7+ years. 3+ years in current role. Renting for 2+ years. Sold previously-owned apartment.
  4. M

    How much money do you earn? And how do you spend it?

    Access to subsidised mine housing. I live in the bundus. Not keen on commuting in from out of town.
  5. M

    How much money do you earn? And how do you spend it?

    Engineer; Management, early 30s. Mining. Gross: R145k pm (~R1.7m py) excl. bonuses Tax: R42k pm Other deductions: R20k pm (pension, group life, UIF) Net: R83k pm Bonuses: between 0.00x and 1.00x Gross Rent: R7k Utilities: R1k Cars: R11k Insurance: R3.8k Medical: R4.5k Groceries: R3.5k Fuel...
  6. M

    2019 Salary Increase

    32% after promotion and annual review.
  7. M

    How much money do you earn? And how do you spend it?

    Yip.
  8. M

    How much money do you earn? And how do you spend it?

    Yeah, paid-off. The car is now 7 years old and still going strong.
  9. M

    How much money do you earn? And how do you spend it?

    I've recently moved to the R499 pm FreeMe 20Gb deal offered by Telkom. Comes with 1500 all-network minutes and free Telkom-Telkom calls... This has moved my costs down from the R1000+ pm I was spending before. The going rate for Domestic Workers around these parts is ~R160 pd. She comes-in...
  10. M

    How much money do you earn? And how do you spend it?

    Pretty standard for an Electrical or Mechanical Engineer with > 4 years' experience who is directly involved in production at a mining company. The salary goes up higher the deeper into the bundus the mine is located.
  11. M

    How much money do you earn? And how do you spend it?

    Mechanical Engineer, 28. Mining. CTC: ~R98000 pm (excl. Bonuses) Nett (after tax, medical, pension, group life and disability insurance): ~R57000 pm + ~R5000-R9000 pm from production bonuses + yearly incentives Wife's salary covers her savings + shortfall Savings and Investments: ~R42000 min...
  12. M

    What is the Starting Salary of Engineers at Mining Companies

    Do you guys know what the starting salary of graduate (EIT/PIT) engineers is at mining companies? I am looking to get bought-out of the bursary that I hold with one of them and move to another mining company since I would like to obtain my GCC ticket. I hear of people getting bought-out all...
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