Originally Posted by HUMBER P4VWL
Does the private spark get 40% more pay to fund a pension and sick benefits and life cover that would be worth about £200-£300 per month on the open market?
Funnily enough I don't pay too much less than £200 per month into my pension so if the figure above is accurate then I am paying far too much for a freeloader with a gold plated pension!
Incidentally the only person doing a simliar job in the immediate area to me in a private company gets paid 21% more than me, pays 1.5% less of his salary into a FS pension and gets exactly the same pension benefits as me.
I used to work for them and traded slightly worse benefits over a slightly better chance of longer term work. After 5 years here busier than I would have been if I had stayed were I was and now earning less money I am obviously not happy that even this is now under threat!
Do you know what a good spark gets paid around here? starting salary before OT is approx £34k! some of them earn over £40k with overtime........