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Nairaland Forum / Nairaland / General / Career / 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? (11893 Views)
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40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by GodsonAde: 5:54pm On Nov 04, 2012 |
If faced with that situation, which would you choose. The contract job is for a period of one year renewable based on perfomance. State reasons for your choice pls. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Sammy107d(m): 6:01pm On Nov 04, 2012 |
Calculate the present value of an N80,000 annuity for 12 months using the prevailing deposit rate. Using the result, calculate the number of months it'll take to achieve the same on a N40,000 annuity. Your answer will be obvious after. 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 6:05pm On Nov 04, 2012 |
80K, No time. Reason: I love to take risk... |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by toptop: 6:09pm On Nov 04, 2012 |
I will surely go for the 80k job. Because nothing is actually permanent. 8 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 6:09pm On Nov 04, 2012 |
Sammy107_d: Calculate the present value of an N80,000 annuity for 12 months using the prevailing deposit rate. Using the result, calculate the number of months it'll take to achieve the same on a N40,000 annuity. Your answer will be obvious after.Too much economics.. 6 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by nitrogen(m): 6:49pm On Nov 04, 2012 |
^^^^^^ abi o, infact three much economics. 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 6:49pm On Nov 04, 2012 |
Simply put, there isn't any such thing like a "permanent" job. Your azz can get fired at anytime. So get the best you can from any job you take. 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by mcevans1(m): 6:50pm On Nov 04, 2012 |
I would rather go for the 80k monthly contract job. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Areaboy2(m): 6:52pm On Nov 04, 2012 |
As a permanent role, it should come with bonuses.. No? If no, then contract role for sure! the one year experience is priceless 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 6:54pm On Nov 04, 2012 |
acidosis™:Let me break it down. He says if 80 x 12 = X, then X = 40 x 24 3 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 6:55pm On Nov 04, 2012 |
Sammy107_d: Calculate the present value of an N80,000 annuity for 12 months using the prevailing deposit rate. Using the result, calculate the number of months it'll take to achieve the same on a N40,000 annuity. Your answer will be obvious after.With 80k a month in a yr u will make 960k with 40k a month in a yr u make 480k. Thats a 480thousand naira difference. It will take u an extra year to make what you make with the 80k job. Are u willing to forfeit a years worth of money for job safety? Your answer to that question will answer ur initial question. 3 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by jhydebaba(m): 6:55pm On Nov 04, 2012 |
Give me any one and I will gladly take it. No time to make choices. Boys aint smilling. 3 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by fxisreal: 6:56pm On Nov 04, 2012 |
i will go for the 80k, if anything happen at the end of the year that my contract is not renew. atleast i have already 1 year payment assuming i choice to be paying 40k at start while i hope to get a better job within the 1 year free payment. note no condition is permanent. 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by iamswizz(m): 6:59pm On Nov 04, 2012 |
ok |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 7:01pm On Nov 04, 2012 |
Let me break it down. He says if 80 x 12 = X, then X = 40 x 24 u really avent said anytin |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by deor03(m): 7:03pm On Nov 04, 2012 |
Don't be deceived. 40K "permanent" job is NOT permanent. Just for for the 80K |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by abbeycial: 7:04pm On Nov 04, 2012 |
jacobscros: With 80k a month in a yr u will make 960k with 40k a month in a yr u make 480k. Thats a 480thousand naira difference. It will take u an extra year to make what you make with the 80k job. Are u willing to forfeit a years worth of money for job safety? Your answer to that question will answer ur initial question.50 likes 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 7:05pm On Nov 04, 2012 |
80k contract I beg, if you know your way, it will be renewed at expiry. 40k is just rubbish and know you can be sacked or retrenched for whatever reason. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 7:06pm On Nov 04, 2012 |
Go for the 40k job. Been in your exact shoes before. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by kemifemi: 7:07pm On Nov 04, 2012 |
Sammy107_d: Calculate the present value of an N80,000 annuity for 12 months using the prevailing deposit rate. Using the result, calculate the number of months it'll take to achieve the same on a N40,000 annuity. Your answer will be obvious after. present value, annuity, deposit rate !!!! Kilode ke! Ontop the advice wey d guy dey ask!Dude,take it easy now! the Op may be a science student! How on earth do you expect him to understand what u just posted. Not everyone is an economist,accountant or financial expert! O ga o 4 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by mrkels(m): 7:09pm On Nov 04, 2012 |
80k contract job, continue hustling and looking for other alternatives. shikena |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by bolayei: 7:10pm On Nov 04, 2012 |
its 80k for contract job which can be 3 months more or less after contract no more work or 40k always work tendercharles: Let me break it down. He says if 80 x 12 = X, then X = 40 x 24 |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nwunuken(m): 7:16pm On Nov 04, 2012 |
Billyonaire: Let me break it down. He says if 80 x 12 = X, then X = 40 x 24too much math |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by saintgwizard(m): 7:21pm On Nov 04, 2012 |
In as much it is tempting to go for the contract job, but if am in that situation, I will go for permanent 40k. Reasons being, I bellieve the permanent one will give you a career path, the pay are bound to increase with time, you are in better position to make a long term plan. Working as a young person is not just about earning but learning. 4 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by SimplySEA(m): 7:24pm On Nov 04, 2012 |
One year experience is a booster....! Besides i'd like to be judged according to my performance not do som job where my effect will be of little importance..... 80k |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by vicholas(m): 7:24pm On Nov 04, 2012 |
I will surely go for the 80k salary |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by 234GT(m): 7:25pm On Nov 04, 2012 |
No job is permanent. Go for the 80k job. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by ignis: 7:26pm On Nov 04, 2012 |
blink182: 80k contract I beg, if you know your way, it will be renewed at expiry. 40k is just rubbish and know you can be sacked or retrenched for whatever reason.Exactly. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by akorlade(m): 7:27pm On Nov 04, 2012 |
80k job in actual sense is paying you for two years, but if you are not sure of yoursef take the 40k job since the contract renewal is performance driven. Hustling things no join at all. |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Nobody: 7:31pm On Nov 04, 2012 |
Where's the 80k job? I'm interested. 1 Like |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by obicentlis: 7:37pm On Nov 04, 2012 |
To a typical Nigerian, its all about the money but I believe what should go first is to find out which of the job will give you satisfaction and a strong career path. From the least salary you can comb a beta paying job due to the career life. I might be tempted to go 4 the 80k job but the best should be the career defining job. 3 Likes |
Re: 40k Monthly Permanent Job Or 80k Monthly Contract Job. Which Would You Choose? by Gabrielsylar(m): 7:38pm On Nov 04, 2012 |
Ifs its me i wont choose anyoone....i will come back to nairaland when i get 250k monthly |
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