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-   -   the official jobs/wages thread... (https://britishexpats.com/forum/australia-54/official-jobs-wages-thread-385198/)

Buzzy--Bee Aug 8th 2006 11:28 am

Re: the official jobs/wages thread...
 

Originally Posted by touchingcloth
SOX: a good enough reason not to work for an American PLC.

..but then again...it does creat good working habits.

TC

It's not just the American PLCs though - if your company is a vendor for or a customer of an American company then SOX will touch you!

:beer:

Buzzy

touchingcloth Aug 8th 2006 11:40 am

Re: the official jobs/wages thread...
 

Originally Posted by Buzzy--Bee
It's not just the American PLCs though - if your company is a vendor for or a customer of an American company then SOX will touch you!

:beer:

Buzzy


not too sure about that.

If I order something from Amazon US....as a customer where would my involvment with SOX compliance appear?

:beer:

TC

foopsy Aug 8th 2006 5:09 pm

Re: the official jobs/wages thread...
 

Originally Posted by Buzzy--Bee
SOX is Sarbanes-Oxley legislation from the US mate - every company that has anything to do with the US directly or indirectly is becoming governed by this post-Enron legislation.

:beer:

Buzzy

Ta Buzzy.

Why were Martha and the Muffins so called?

Buzzy--Bee Aug 8th 2006 5:51 pm

Re: the official jobs/wages thread...
 
I give up.

Why were Martha and the Muffins so called?

:beer:

Buzzy

debbiemc Aug 8th 2006 8:04 pm

Re: the official jobs/wages thread...
 

Originally Posted by Vash the Stampede
How do you manage to survive on a combined income of only $3500 gross per week?


well i'm a nurse and i know i wont be on $1000 a week! is that per fortnight?

Amazulu Aug 9th 2006 12:56 am

Re: the official jobs/wages thread...
 

Originally Posted by thebears
Hi Jim

Don't want you to get too disillusioned.

I have 2 guys working for me who have worked in London for over 10 years one of which was on £75K and is currently on $50 + Super hourly contract. The other is $55 + Super not sure what he was on as he keeps that to himself. Both do a 35 hours week.

The issue is really on what skillset and offerings you will bring to the market and realising that you need to gain "local" creditability. Just do not assume £60K FC roles translate into a senior role over here. The market is full of wantabes in the $80K to $150K range. To earn over the $135K you need to be delivering blood, sweat and tears. Most graduates in London were commanding £48K to £55K (2003) so I think perhaps you were being underpaid. Most of my former colleagues still in London were taking a base of £90+ bonus (usually 30%).

My advice would be to contact the agents through Seek.com and follow up with a telephone call to get a realistic feel for your marketability ie your background, qualifications, IT exposure.

Dont expect much job hunting help before you come out but start at least with knowing your marketabilty and what skills are in demand.

Currently alot of work for SOX if you have that?

Kiwi

SOX, Wantabes, COX, what a load of bollox.:)
Thank heavens I work in engineering. I can't believe people study for & make a career & put up with this BS. I earn more than this (& did in London too) for much less effort. In engineering, age=experience & is valued.
For his own sanity, I hope my son does not choose a career in accounting.:)

thebears Aug 9th 2006 5:38 am

Re: the official jobs/wages thread...
 

Originally Posted by Amazulu
SOX, Wantabes, COX, what a load of bollox.:)
Thank heavens I work in engineering. I can't believe people study for & make a career & put up with this BS. I earn more than this (& did in London too) for much less effort. In engineering, age=experience & is valued.
For his own sanity, I hope my son does not choose a career in accounting.:)

Yes but when they get to Board level they (the majority as we all know there are exceptions) just aren't up to it. Don't have the professional accumen to operate at a higher level.

You have agreed to my comment without further posting in your above claim of "bollox". if you do not already understand the wider complications of Sox then for all your earning capacity as an engineer you would be a liabilty to any other major organisation in anything higher than junior management. And even then you would have to be on probation and led by the hand.

Amazulu Aug 9th 2006 6:23 am

Re: the official jobs/wages thread...
 

Originally Posted by thebears
Yes but when they get to Board level they (the majority as we all know there are exceptions) just aren't up to it. Don't have the professional accumen to operate at a higher level.

You have agreed to my comment without further posting in your above claim of "bollox". if you do not already understand the wider complications of Sox then for all your earning capacity as an engineer you would be a liabilty to any other major organisation in anything higher than junior management. And even then you would have to be on probation and led by the hand.

Be chilling dude. Note the smilies in my post.
I have a healthy disdain of financial people most engineers have & absolutely no ambition to be management. I earn enough as it is & would hate the stress. Most engineering/construction projects these days are a nightmare because they are run by accountants who have no concept (or desire to learn) of the practicalities or complications of said projects. This results in costs overruns & delays. In a meeting with contractors recently, accountants were described as 'a condom on the prick of progress'. Sounds about right to me.:)

Herman Aug 9th 2006 9:08 am

Re: the official jobs/wages thread...
 

Originally Posted by jubblyjimbo
Hi,

I work at a fairly senior level in management accounting, supervising a small team of staff. My salary is approx £60k (gross).

Can anybody advise what level of salary I would need in Australia to enjoy a comparable standard of living (financially).

If the exchange rate is $2:£1 does this mean I need a job paying $120k plus? And are there accountancy jobs paying this amount? Would prefer Sydney, Melbourne or Perth, if that makes a difference.

Thanks for any advice you can offer.

Jimbo

This was an issue I was faced with. I am a chartered accountant and before we went to Sydney I was earning around £100k plus bonus as a senior manager in London for one of the big 4 accountancy firms. I was offered a few years in Sydney where very luckily for me I was to continue to be paid my base UK salary with no bonus, which at the exchange rate at the time (2003) translated to approx $280,000 per year. I was extremely shocked to discover that if I had gone across on local salary as originally suggested, and which I rejected, I would have been on $95k basic plus bonuses of around 5%. When we reached the end of my official secondment if we had wanted to stay in Sydney I was looking at a very big paycut to a salary that was insufficient to buy a reasonable house in a reasonable suburb with a reasonable commute to work. For a whole number of reasons we wanted to return to the UK, but this financial factor was part of the whole decision.

Its a problem accountants and the like face - many would argue we are overpaid in the UK and in Australia its more equitable. Fair enough, but you need to understand that as a protential emigrant- you wont be rich working for someone else as an accountant in Oz.

Herman Aug 9th 2006 9:12 am

Re: the official jobs/wages thread...
 

Originally Posted by Amazulu
Be chilling dude. Note the smilies in my post.
I have a healthy disdain of financial people most engineers have & absolutely no ambition to be management. I earn enough as it is & would hate the stress. Most engineering/construction projects these days are a nightmare because they are run by accountants who have no concept (or desire to learn) of the practicalities or complications of said projects. This results in costs overruns & delays. In a meeting with contractors recently, accountants were described as 'a condom on the prick of progress'. Sounds about right to me.:)

Over 70% of FTSE100 companies have a chartered accountant as CEO.

Amazulu Aug 9th 2006 9:22 am

Re: the official jobs/wages thread...
 

Originally Posted by Herman
Over 70% of FTSE100 companies have a chartered accountant as CEO.

Explains a lot.:) I wonder if any of the construction/engineering companies in the FTSE100 & Multiplex in Australia have an accountant as CEO. Now that would explain a lot.

uk+kiwi Aug 9th 2006 12:15 pm

Re: the official jobs/wages thread...
 

Originally Posted by thebears
Most graduates in London were commanding £48K to £55K (2003)

Do you mean employees who are tertiary educated or people who have just left education (ie graduates)?

BadgeIsBack Aug 9th 2006 1:09 pm

Re: the official jobs/wages thread...
 
Can see where 'zulu is coming from. My wife often asks me why I'm not in management, management often tell me I should become one of them. I couldn't beleive it when they casually mentioned it.

I tell them both I am happy to sit in the corner and command a 6 figure salary with little stress and overtime. I don't earn 6 figures now but am not exactly stressed and I've learnt so much I've saved money on courses.

I couldn't be a manager, I couldn't take it seriously enough. I'm a 'leader', just not a manager. In 8 years I've only met 2 managers who I thought were good managers- coincidentally enough, both Australians in Europe.

If IT ever loses it's pay scale I'll just start up as a local tradie, ramping up as quickly as possible.

Accountants do seem to get paid less over here.

ianandhelena Aug 10th 2006 5:24 am

Re: the official jobs/wages thread...
 

Originally Posted by Buzzy--Bee
I give up.

Why were Martha and the Muffins so called?

:beer:

Buzzy

here's a quote from their website:
"Someone, (various people claim this honour), suggested The Muffins as being diametrically opposite and Martha's name was put in front. While no one was that enthusiastic about Martha and the Muffins, we decided to use it as a temporary name until we could all agree on something better."

Buzzy--Bee Aug 10th 2006 6:58 am

Re: the official jobs/wages thread...
 

Originally Posted by ianandhelena
here's a quote from their website:
"Someone, (various people claim this honour), suggested The Muffins as being diametrically opposite and Martha's name was put in front. While no one was that enthusiastic about Martha and the Muffins, we decided to use it as a temporary name until we could all agree on something better."

Thank you. Now I can sleep at night without worrying about that!

:beer:

Buzzy


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