Offered $65k+Super - Full-Time Job in Sydney (Worth It?)

Zoma on 25/06/2021 - 10:10
Last edited 25/06/2021 - 17:33 by 1 other user

Hello, hope you all are well.

I have never worked full-time in Australia. I have always worked on casual basis or on ABN. My current job is casual with full-time hours. It pays me $30ph + super ($24ph after tax). I have been offered full-time job in Sydney with $65k+super in package (that obviously includes some leaves etc).

I want to know how much will be my monthly and weekly salary after tax with $65k+super package. This is a stupid question, but I really need to make a decision quickly and see if this job is worth it.

Thank you all for your help.

Cheers.

Education & Work

Comments

  • brokenglish on 25/06/2021 - 10:11
    +48

    https://paycalculator.com.au/

    • SF3 on 25/06/2021 - 10:37
      +16

      $65k input for tax year 2020-2021

      - Weekly Fortnightly Monthly Annually
      Take home pay $1,001.00 $2,002.00 $4,337.67 $53,213.00

      *crowdsourcing

    • Keplaffintech on 25/06/2021 - 10:49
      +34

      OzGoogleThatForMe

      • Chchnu on 26/06/2021 - 19:03
        +12

        If OP cant divide numbers by 12 / 52 to work out the monthly / weekly rate then he should take any job thats better than 7/11 clerk or uber driver lmfao.

        • SF3 on 26/06/2021 - 19:37
          -1

          It’s a reflection of maths education in school.

          A student would progress through the school years despite their skills are like Swiss cheese 🧀.

          • Chchnu on 26/06/2021 - 20:40
            +2

            @SF3: The aussie education system is sufficient to teach division.

            Op posted "I have never worked full-time in Australia"

            So probably the issue with his home country's education system or his mental capacity hence getting hype and posting over 65k job

            • Slo20 on 27/06/2021 - 05:01

              @Chchnu: Yet 4 months ago from OP “ I am new to super, just got my first full time job.”

        • Duckie2hh on 28/06/2021 - 09:04
          +3

          It is surprising to see that the replies to his question ended up being more stupid than OP. Did you read his question properly?

          I read it as what is his take home pay, per month per week. So Did you account for the tax rate?

          The answer is that OP would pay $11,592* of tax on an income of $65,000. Therefore this weekly take home pay is $1,027.08

          2020-2021 FY.

          • jrad0 on 28/06/2021 - 09:41
            +6

            @Duckie2hh: This. A lot of arrogant or potentially underpaid ozb users on this thread.

  • MS Paint on 25/06/2021 - 10:13
    +1

    here

  • brendanm on 25/06/2021 - 10:16
    +54

    After paying for a rent or house in Sydney you'll be left with about $23 a week.

    • coffeeinmyveins on 25/06/2021 - 10:23
      +43

      on 65k he clears $1000 a week. Where are you renting that a single person is paying $977 in rent a week? Sarcasm like this is useless.

      • Zoma on 25/06/2021 - 10:25
        -2

        Thanks dchurch, I am single guy and will be paying $200 per week on rent.
        So you say, I'd get $1000 for 40 hour a week, is that correct?

        • NatoTomato on 25/06/2021 - 10:32
          +21

          If you know how much rent you're paying, why not disclose that in the (profanity) OP? It would help us decide whether it's "worth it" or not.

          • Chchnu on 26/06/2021 - 19:06
            +13

            @NatoTomato: Any job is worth it for OP since he cant work out monthly / weekly rate by himself using division. Im surprised hes not on a disability pension.

        • dasher86 on 25/06/2021 - 10:34
          +2

          you would get $1250 pre tax ~$1000 post tax for a 38 hr week (38hrs is classed as full time)

          • Munki on 27/06/2021 - 01:01

            @dasher86: Really? I guess I don't work full time…

      • NatoTomato on 25/06/2021 - 10:30
        +1

        After tax he definitely won't clear 1000$ a week…

        • MS Paint on 25/06/2021 - 10:37
          -1

          Yep. Closer to $950

          • Korban Dallas on 26/06/2021 - 21:42
            -1

            @MS Paint: It is $980 clear.

            Not sure where you guys are getting $950 and $1000 from.

      • brendanm on 25/06/2021 - 10:40
        +10

        It's not sarcasm, it's exaggeration.

        • onetwothreefour on 25/06/2021 - 15:39
          +8

          Either way I thought it was funny.

  • Big Lenny on 25/06/2021 - 10:18
    +11

    sounds like you're gonna take it regardless, but you're seeking some validation from a bargain forum

    • Munki on 27/06/2021 - 01:02
      +1

      Well I'm sure OP wants to ensure he still has some money leftover to buy shit from OzB deals.

  • Hithere on 25/06/2021 - 10:23
    +6

    Only you can decide if the job and pay is suitable, not a bunch of randoms on the Internet who have no idea who you are, your current circumstances, and what you want your future to be.

    • Zoma on 25/06/2021 - 10:24
      -4

      I understand. Just wanted to validate what pay would I get on weekly/monthly basis.

      • Icecold5000 on 26/06/2021 - 15:09
        +3

        I don’t think you understand at all and are asking a question which you could have googled and found the answer in 10 seconds which is why you are only getting 65k pa. The only thing this post validates is what constitutes a low IQ question.

      • Icecold5000 on 26/06/2021 - 17:55
        -5

        Downvote for the hurt feelings LOL. Let’s be honest, the difference between the casual rate and permanent isn’t that great like under $100 a week but if you even think this is an important factor then it’s clear you’re not going to make it in life.

      • Chchnu on 26/06/2021 - 19:09
        +5

        If you seriously can't solve this simple math problem (dividing annual 65k by 12 and 52) you may be eligible for a disability pension.

      • darkmattersunB6c0MV on 27/06/2021 - 07:50

        Every considered life as a Polly? You would fit right in, and besides 200 K in base salary, also get a 32k electorate allowance.
        You can ask the OzB community in how to govern too.
        (Just a joke mate).

      • nekminnit on 28/06/2021 - 16:59

        Replies in here include some of the most smug/smartass (profanity) you will ever see. Don't bother with forums like OzBargain and Whirlpool.

  • SnoozeAndLose on 25/06/2021 - 10:29
    +1

    what is the job?

    The average salary in Australia is now just over $60,000, new data from the Australian Tax Office has revealed.

    • MS Paint on 25/06/2021 - 10:31
      +17

      It's at ozbargain. Primary role is to create random, thought provoking forum threads to increase advertising revenue.

    • Drakesy on 25/06/2021 - 11:19
      +11

      *The Median salary is just over $60,000
      Meanwhile the average full-time salary is $98,0000

      just shows how skewed it is to the billionaires

      • Jugganautx on 25/06/2021 - 14:02
        +1

        Wheres the data on how many are on salary though. Because a lot are indeed not.

        • Korban Dallas on 26/06/2021 - 21:53

          Do you think you're middle income? See how you really compare to the rest of the country's taxpayers - ABC News

          https://amp.abc.net.au/article/100226488

          I am in the 83% percentile

        • Gina Rinehart on 29/06/2021 - 18:55

          Being "on" salary is used frequently / interchangeably with annual income. You don't have to be a salaried employee to take home a salary each year. It might just be that you are an hourly employee, your salary/income is what you earn in the year.

      • GOCAT9 on 26/06/2021 - 12:41
        -3

        Why don’t statisticians used the MODE salary-this is the salary that MOST people earn, it is NOT skewed by high income earners as the AVERAGE and MEDIAN salaries are!! Just my 2c worth.

        • Binchicken22 on 26/06/2021 - 15:12

          I'm sure they probably do… It's the average BuzzFeed reader who wouldn't understand what "MODE" is… Everyone knows what average means and I'd say most know what median means.

          So that's why average and median are the numbers that get thrown around in the media.

        • Zephyrus on 26/06/2021 - 21:04
          +7

          No, what you'll find some weird pay rate like an APS2 full time salary or something, some job with identical pay that a lot of people have. It might actually be 0 from all the people not working.

          Median finds the middle of everyone so is the closest to what you want, takes out all the high earners as well as those that earn othing. No-one uses the mean for income.

        • samyall on 28/06/2021 - 08:23

          Mode is definitely the wrong metric to use as it will almost certainly be $0. You would have to bin salaries into brackets and at that point the metric isnt that useful. Median is definitely the most useful metric for these kinds of things as it is not skewed by any large groups of similar earners at either end.

          • GOCAT9 on 28/06/2021 - 14:38

            @samyall: This information is complete rubbish and shows a profound lack of understanding of what the MODE of a distribution is. FYI, the MODE, by definition, is that value with the highest frequency. So, in this particular case, it would be the salary that most people earn!! Contrary to samyall and Zephyrus, it is NOT skewed by large groups, or even small groups at either end of the salary scale-that is the sheer beauty of using the MODE of the distribution. The MODE is not affected by anything, it is simply the value with the highest frequency. It is laughable that you think that the mode of Australian salaries could have a value of zero!!

            OMG: were you guys paying attention to statistics in school?

            • samyall on 28/06/2021 - 15:51

              @GOCAT9: I get what mode is. I would be shocked if the mode isn't $0. Even if it isnt $0 it almost certainly wont tell you anything interesting.

              There are far more people who earn nothing (retired, children) than there would be on any other salary, but lets exclude them for argument's sake.

              To what precision are we measuring salary? to the cent? to the dollar? to the thousand dollars? this matters because to measure the mode you need identical numbers and whether something is identical or not depends on the precision.

              I think it makes sense to measure to the cent, but again for argument's sake, let's say salaries are only measured to the dollar and think about what the mode might be. If we assume (to make the numbers easy) that there are 20,000,000 Australians with salaries range from $40,000 - $140,000, then there are 100,000 possible salaries. If the salaries were distributed evenly, there would be 20,000,000/100,000 = 200 people per dollar. Obviously, salaries are not distributed evenly, but you start to see that you don't need that many on a given salary for it to be the mode. If there was 1000 on the same salary in this hypothetical, it is likely to be the mode.

              I'm pretty sure there are 20 million people earning more than $0 in Aus and the salary range is much bigger than I stated above. Add in the fact there is a hundred times the possible salaries when you include cents and it is very clear the mode will be a salary that is not representative but is instead prescribed to a relatively large group of people. My guess (if we are excluding $0) is that it will be a low-level government salary or award wage.

              Now, is the representative of an "average" Australian? Probably not in my opinion as the mode is almost certainly a group like the first-year police recruits or all the APS graduates in Canberra or the privates in the army.

              If we measure to less precision (e.g. thousands of dollars), then we are no longer measuring the modal salary and are measuring the highest frequency in a pre-defined bin and we are out of the realm of simple descriptors.

              Median is much better.

            • May4th on 28/06/2021 - 17:00

              @GOCAT9: not sure if your stats is as good as you think it is. it depends on how you calculate the mode. if you go by population the mode will most definitely be 0 just going off the non working population (retirees/children). if you go by overall labour force i suspect it will still be 0 due to abundance of non working / 0 taxable income people. when you consider a 70k salary could be 70001 or 70005 or anything in between if it's not a round number it's not going to come up at a frequency > 0

              and thus mode is an absolutely useless measure so i'm not sure why it was even brought up and I am too lazy to read through the prior posts to find out

      • [Deactivated] on 26/06/2021 - 17:29
        -1

        No, the data is skewed, because it include part time and casual workers, as well as under 18s. The full time wage of an adult would be way closer to the average. The OP is an adult talking about a full time wage.

      • Talsek on 27/06/2021 - 00:11

        I think you might have that mixed up. The average is just over $60000,median is around 48000. (It we're talking 2020 numbers)

        • Drakesy on 27/06/2021 - 11:59

          We're talking full time salary

          If its all of australia (including retirees and kids) then yes the numbers are lower.

          Pretty remarkable when you think about it that only 50% of the population is actually working full time

    • goraygo on 26/06/2021 - 17:34

      Average for Sydney is $72k.

  • dasher86 on 25/06/2021 - 10:32
    +4

    Super N/A as + both in scenarios

    Current
    30164.1712 = $59,281 (assume 38hrs per week no over-time)
    Less 4 weeks holiday $1,140
    $58,141

    Proposal
    $65,000 including leave

    • Zoma on 25/06/2021 - 10:33
      -2

      Thanks. I was looking for a comparison.

    • dasher86 on 25/06/2021 - 10:33

      30 x 164.17 x 12 *

    • SnoozeAndLose on 25/06/2021 - 10:39
      +3

      Less 4 weeks holiday $1,140 * 4?
      = 1140*4 = $4560

      or 30 3848 - 6 days public holidays(42 hours = $1260) = $53460

      Not including 10 days personal leave

      • dasher86 on 25/06/2021 - 10:39
        +1

        correct. thanks.

  • pharkurnell on 25/06/2021 - 10:33
    +5

    OzEmployment says

    That'll pay the rent for few months, what you going to live on?

    • Zoma on 25/06/2021 - 10:33
      +1

      Room in a shared house. Max $200 per week.

      • pharkurnell on 25/06/2021 - 10:36
        +13

        Must be a small room.

        Still not worth it.
        Once you leave Shitney you can actually see how far your money can really go. Best thing I ever did was leave…

        • IM-Cheap on 27/06/2021 - 22:18

          I live in the master room (4.8x 4.2m) of a 5bdrm townhouse for $180/week including water electricity and internet. Not hard to find if you're ok living a bit further from a train station-its 15mins walk though theres a bus stop right outside that's pretty much the same pace as walking it. There's a lock on every door and housemates have always been respectful and cleaned up after themselves.

          True I can't imagine renting inner Sydney though -knew a guy who spent $360/wk on a closet in Newtown.

          • pharkurnell on 28/06/2021 - 09:52

            @IM-Cheap: Lady in our Sydney lab pays ~800/wk for house in Shitbelltown region….

      • ag1 on 25/06/2021 - 14:38
        +2

        Sometimes I can't believe how ridiculous the rental market is in Australia. 20% of your take home pay a week to live in something comparable to a university dorm.

  • bobbified on 25/06/2021 - 10:39
    +1

    The hourly and annual rates you've specified isn't much different. The F/T position gives you a bit more certainty on job security, but it may mean that you give up "reasonable" overtime payments you might have received as a Casual.

  • ddhar on 25/06/2021 - 10:47

    What is the job?

    Pay is more or less similar to your current job; are you doing similar tasks AND hours for the new job?

  • bobokingdom on 25/06/2021 - 10:52
    +1

    Go to ATO to calculate take-home pay per week. Then go to realestate.com to look for rental prices. Depending on where you want to live, you can find out how much is the rent (sharing with a roommate is an alternative). Then add in the transportation cost (you have to go to work every day and that adds up quickly) plus essentials (food, internet, electricity, gas, phone plan, clothes.). Income - Expenses = +ve…then you can think about it.

    • fullmetal on 25/06/2021 - 11:04
      +2

      Go to Ozbargain to get quick answers to anything.

  • DingoBilly on 25/06/2021 - 11:22
    +2

    It worries me if all you're thinking about is the financial aspect.

    Based on your post, hard to say if you have to move states, whether the job will be fulfilling/what you want to do, how many hours per week it is, whether you need flexibility in your hours for whatever reason.

    Those aspects are going to be much more important I think in terms of whether it's a good choice or not vs. just whether it's a pay increase or not.

  • [Deactivated] on 25/06/2021 - 11:25
    +2

    65k is quite bad for Sydney, unless you are a newbie. Average should not be under 76-78k at least if you want to save some for the future and spend beyond the basics (depends though).

  • ChunkyToast on 25/06/2021 - 11:34
    +4

    Depends on your job bro.

    • jellykingdom on 26/06/2021 - 14:46
      +1

      How are you the first person to ask this haha?? I'm trying to find where SOMEONE asks what line of work

      • ChunkyToast on 26/06/2021 - 18:18
        +1

        HAHAHA IKR, I was reading to see what the job was haha.

        • capslock janitor on 26/06/2021 - 23:28

          He is working at the Wakandan Embassy in Sydney.
          They should have told you, my king. Will have their heads.

  • Platinumtelecom on 25/06/2021 - 11:43
    +3

    You are looking at it the wrong way. I don’t know how old you are, but you should select a job based on it’s ability to grow your skills, career.

    What is the point of moving from one job to another if it is to do the same thing.

    There isn’t a single job I moved to unless

    A. The pay was min $10k more
    B. It was either an upgrade from my existing role and providing further career progression

    In your case though, it may be an opportunity to cross the bridge from casual employment to full time employment. However your existing employer may be able to offer that if you show interest.

  • FW190 on 25/06/2021 - 11:47
    +6

    My current job is casual with full-time hours. It pays me $30ph + super ($24ph after tax). I have been offered full-time job in Sydney with $65k+super in package

    $30/hour full time works out to be about $59k/year (38 hours week) or $62k/year (40 hours week), whichever way you look at it, it is still less then $65k.

    on top of that, you also get 4 weeks annual leave and 2 weeks of sick leave, plus redundancy payout (if you make it past 1 year).

    Also, this is a full time job where you are guranteed 38 or 40 hours per week, the casual job can reduce your hours anytime they like, so I don't see why it is such a hard decision :)

    • whatgift on 26/06/2021 - 19:26
      +2

      This. It’s not just about money, it’s a massive difference between being casual and permanent, you can’t calculate purely on hourly rate. If you’re going to live in Sydney, job security is more important. If you need more money, then get a casual job on the side.

    • Korban Dallas on 26/06/2021 - 21:55

      Leave loading?

  • tsunamisurfer on 25/06/2021 - 11:49
    +3

    There is so much more to the equation that just money.

    OP you are currently on Casual, so no annual or sick leave.

    The next pays more and has leave entitlements, but are the hours long or the same, is the job the same or harder or takes longer to get to?

  • WreckTangle on 25/06/2021 - 13:06

    Sydney is very expensive. Rent is crazy and tolls are extortionate. Good luck.

    • Neoika on 25/06/2021 - 13:13
      +2

      West or East, huge difference.

      • WreckTangle on 25/06/2021 - 13:17
        -1

        Have lived round both - neither is cheap!

  • AndyC1 on 25/06/2021 - 13:26
    +2

    Sounds like Op can't use a calculator.

  • WreckTangle on 25/06/2021 - 17:25
    +2

    Don’t delete the thread please mods. We all took the time to reply. FWIW original post was:

    Hello, hope you all are well.

    I have never worked full-time in Australia. I have always worked on casual basis or on ABN. My current job is casual with full-time hours. It pays me $30ph + super ($24ph after tax). I have been offered full-time job in Sydney with $65k+super in package (that obviously includes some leaves etc).

    I want to know how much will be my monthly and weekly salary after tax with $65k+super package. This is a stupid question, but I really need to make a decision quickly and see if this job is worth it.

    Thank you all for your help.

    Cheers.

    • rompastompa on 25/06/2021 - 17:35
      +2

      Don’t delete the thread please mods.

      Your wish has been granted. Everybody gets one. Tell 'em Peter.

  • OzHunterNSW on 26/06/2021 - 10:17
    -1

    Where are you going to rent? If Lucy, you would be paying $500+ per week, then food, travel, etc.

    65k is not a lot of money. My opinion is that it is not worth it.

    • May4th on 26/06/2021 - 20:22
      +2

      Who is Lucy and why is she paying $500 in rent?

  • Salty Pretzel on 26/06/2021 - 17:26
    +2

    What's the job? It's kinda a major factor here. If it's a junior admin position then take it. If it's finance manager for BHP then it's not worth it

  • Tech5 on 26/06/2021 - 17:31
    +1

    65k is not worth the big fuss about "is this enough money". At that income level, I'd be more worried about whether or not I like the job or not.

  • SuperMid on 26/06/2021 - 18:33

    get the right job/do something your good at, the money will come, your literally doing it backwards

  • DeeTrance on 26/06/2021 - 20:49
    +2

    Often the experience from the role is worth more than the pay on face value. If the experience from this job paves the way for a future $80k job, then $100k job, then go for it.

    Taking this Sydney job does not mean you'll be doing it for life. It sounds like a step up to me.

  • Aerith-Waifu on 27/06/2021 - 00:56

    I am just on $50k in Perth doing 40 hours, however I often doing alot more so in average I am doing around 45 - 48 hours. If you compares to the wages to Sydney and Perth its quiet good.

    • [Deactivated] on 27/06/2021 - 08:06

      Geez what do you do?

      • Aerith-Waifu on 27/06/2021 - 21:43

        I am in sales. Which isnt the best paying job at the moment.

        • selphie on 28/06/2021 - 11:10

          aim up my friend, plan for a position/career that can pay double that over next 10 years.

  • 100KK on 27/06/2021 - 07:53
    -6

    Do you really want to even live in Australia anymore is the real question. Sure we have 1st world living standards and quality of life is exemplary but there's so many problems with our society, it's a neo commie nazi capitalist society and realistically here everything is only about money and image, having some inheritance, having a 100k plus job minimum, everyone is passive aggressive and precious/sensitive, tall poppy sydnrome, you gotta sqallow a lot of pride and give up a lot of morals and ethicd just to live to the standards required and expected. It's also impossible to find the right partner spiritually and culturally … unless socially you're driven just by money and success. There's too many nationalities and religions here and the only reason it's not a poop hole like America is because we have 10x less population. To be honest clock out on the western free-market dream and go live rural off the land . It's a fairly stable country but I'm sure there's a handful of others out there that can offer you the same kinda life with a lesser price to pay then your soul. If not ; is living in huts and hunting for food in some pacific island really such a terribly way to get old and die like everyone else. Good luck!

    • May4th on 27/06/2021 - 10:05
      +6

      Hope you're ok mate

    • cadwalader on 27/06/2021 - 17:49
      +1

      Do you really want to even live in Australia anymore is the real question.

      It really shits me up that people can legitimately ask this question. Like, whats the better alternative and why?

      I'm sure there's a handful of others out there that can offer you the same kinda life with a lesser price to pay then your soul. If not ; is living in huts and hunting for food in some pacific island really such a terribly way to get old and die like everyone else.

      Really? The same kind of safety, medical care and social protection for a "lesser price to pay then your soul"? Can you name some countries that will do this and explain why those countries will extract a "lesser price to pay then your soul"?

      There's too many nationalities and religions here

      Ah, now we get to the crux. why don't you just say what you want to say.

    • Icecold5000 on 27/06/2021 - 19:49
      -1

      you gotta sqallow a lot of pride and give up a lot of morals and ethicd just to live to the standards required and expected

      I’ve always wanted to sell out so I’m living my dream.

  • jrvb42 on 27/06/2021 - 08:05
    +6

    As someone who has applied for hundreds of jobs with only a few interviews and no offers, supposedly because there are hundreds of applicants per job, I'd have to say you should definitely not take the job.
    Leave it for someone who will appreciate it. And who can do basic math.

    • murkywater on 27/06/2021 - 13:55

      What type of jobs are you applying to? Is it general/unqualified, or jobs that require a degree?

      We had like 40 applicants for a junior position in our team (IT Industry), and only a handful with proper written resumes.

  • mmack on 27/06/2021 - 08:09

    $65k is okay for short term living in Sydney (a few years), but you will struggle if you are planning on staying longer and want to buy a property in the future (forced property savings).
    In saying that, 65k is very much a low-ish entry level income from where I come from - what is the role / industry and what is the number of years of experience you have?

  • gregglesspiked on 27/06/2021 - 12:26

    Tax year 21/22
    $65,000 / 52 = 1250 before tax
    After Tax
    53,213 / 52 = $1023.33

    Super = $6500

    Plus tax return of $1161 without any claims
    Plus 4 weeks holidays a year
    Plus 10 sick days also available

    If this doesn’t make sense don’t take the job

  • Zondor on 27/06/2021 - 15:25

    I'd say no given that Sydney is one of the most expensive city's in Australia .

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