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I too, work for a bank, as a Project Coordinator - I have about 11years of work experience in different depts my salary is between the 5 - 8k bracket. Im priveldged to have a job, to pay off debts, roof over my head blah blah blah...I realised that the bank is not the place for me. I was told that in order to get a market related salary you have to leave and come back and if I did then I would probably be earning +- 10 - 12k...then the question is, if you resign, is it guaranteed that you will have your job back? It ticks me off that everything increases, petrol, price of food, but not our salary's.I for one can attest to this. I work for a bank, and was recently transfered from Jo'burg to Durban. The salaries the people get paid here is horrendous. In Jo'burg the average middle class person earns between 10-15k per month. Here someone doing the exact same job earns between 5-8k... I always complained about my salary, but here I earn more than my senior managers (they couldnt cut my salary when I transfered here). The living down here is certainly more expensive...
Contracting is the important word there. Contract work is always more lucrative in any market ... the inflated salary covers leave, income security, etcLast year, a friend of mine was working in Durban as an Oracle/Java developer. He was earning in the 8 -10K bracket. I told him to quit and move to JHB. He took the chance and quit without having found another job. Within two weeks he found a job contracting for Vodacom. He now makes R24K per month. You go figure!
And minus medical and pension right?Contracting is the important word there. Contract work is always more lucrative in any market ... the inflated salary covers leave, income security, etc
Example: As an IT consultant in a perm position, you would earn say R350 per hour ... going into the contracter market, you should be able to get around R500-R600 per hour
Nope. Contractors just gets a straight salary - no benefits. If you want to, you can provide for your own benefits by joining a medical aid and taking out a reitrement annuity - that's what I did.And minus medical and pension right?