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Old 11-30-2007, 10:23 AM   #21
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or your full of .

engineers get straight time for O/T.
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Old 11-30-2007, 10:29 AM   #22
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better hurry and finish up, we MAY have about 5 more yrs of good times.
most petrochem anylists are saying we have an easy 10 years of engineering & procurement work ahead of us. this is just refinery, the other side of the oil & gas spectrum... offshore work will be here for quite a while now methinks. no way we are gonna be able to meet demand. then we have nearly a trillion dollars in us contracts for engineering of cogen & power distribution plants etc....
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Old 11-30-2007, 10:30 AM   #23
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or your full of .

engineers get straight time for O/T.
i dont know any engineers working ot... i can ask right now, seeing as im sitting next to about 5 or 6 of them as i type this message.
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Old 11-30-2007, 10:31 AM   #24
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or your full of .

engineers get straight time for O/T.
do you even know what your talking about? are you even in this field?
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Old 11-30-2007, 10:32 AM   #25
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just a little. /sarcasm

so where do you work?
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Old 11-30-2007, 10:33 AM   #26
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most petrochem anylists are saying we have an easy 10 years of engineering & procurement work ahead of us. this is just refinery, the other side of the oil & gas spectrum... offshore work will be here for quite a while now methinks. no way we are gonna be able to meet demand. then we have nearly a trillion dollars in us contracts for engineering of cogen & power distribution plants etc....
lets hope so, but i doubt it. the '08 elections will have alot to do w/ the future's.
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Old 11-30-2007, 10:34 AM   #27
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just a little. /sarcasm

so where do you work?
i work @ eXcel engineering. just came over from fluor
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Old 11-30-2007, 10:35 AM   #28
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the '08 elections will have alot to do w/ the future's.
true
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Old 11-30-2007, 10:36 AM   #29
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i never could justify being an engineer. they dont make enough money to account for all the schooling. i make twice what some of the new engineers here are making, and these poor bastards still owe tens of thousands toward student loans.
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Old 11-30-2007, 10:47 AM   #30
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i never could justify being an engineer. they dont make enough money to account for all the schooling. i make twice what some of the new engineers here are making, and these poor bastards still owe tens of thousands toward student loans.
well thats the whole designer vs engineer, in the long run engineers come out the winner.

and i still say your BS on $150k/yr.
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Old 11-30-2007, 10:50 AM   #31
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well thats the whole designer vs engineer, in the long run engineers come out the winner.

and i still say your BS on $150k/yr.
lol, dont be mad cause i make more than your engineer parents.
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Old 11-30-2007, 10:52 AM   #32
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all that $ and still don't have a bike.........pffft
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Old 11-30-2007, 10:54 AM   #33
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Old 11-30-2007, 11:00 AM   #34
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all that $ and still don't have a bike.........pffft
lol, true... got me there. i dont need to prove though, my bigass forecosure house and truck are costing me plenty right now. its expensive remodeling a house.

i can easily clear 150k working 70's @ 55/hr and 1000/wk per diem w/ 1.5 on ot.
plus i have lots of write-offs.

there are plenty of pipers bringing home 75-95 an hour... so like i said... where the have yall been the last 2 years?
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Old 11-30-2007, 11:04 AM   #35
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yeah....im going to have to agree....and if youre being legit..hire my !

did control systems design and only made like 50k, now im doing geophysical processing/analysis for an oil company and im only making like 60+k.....

a good friend of mine works for tag as a control systems engineer and clears like 70k....

man 150k though?

you must be working 25/8 366

i & e sucks, and doesnt pay .... but, i started there in high school creating loop diagrams & picking up marks on p&id's and doing p&id walkdowns. my father is at fluor right now making 75.00 an hour as a senior i&e designer... but unlike most designers, he is very knowledgeable in both arenas. instrumentation as well as electrical, and he is good in pds/microstation.
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Old 11-30-2007, 11:07 AM   #36
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lol, true... got me there. i dont need to prove though, my bigass forecosure house and truck are costing me plenty right now. its expensive remodeling a house.

i can easily clear 150k working 70's @ 55/hr and 1000/wk per diem w/ 1.5 on ot.
plus i have lots of write-offs.

there are plenty of pipers bringing home 75-95 an hour... so like i said... where the have yall been the last 2 years?
well dude, w/ $10k/mos take home thats a drop in the bucket, you should have your house paid off this yr.

btw, contract or direct ? and why a $1k per diem?
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Old 11-30-2007, 11:21 AM   #37
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Six figures is easy when you do contract work but, the catch is if you do not set yourself up properly taxes will eat about half or it.
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Old 11-30-2007, 11:24 AM   #38
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well dude, w/ $10k/mos take home thats a drop in the bucket, you should have your house paid off this yr.

btw, contract or direct ? and why a $1k per diem?
1000 perdiem is a tax break for me as it reduces my taxable income. so you can subtract 4k/mo from my income and its tax free. i was rounding when i said 150k i actually prolly bring home more than that.

i take home 1900/wk (after tax) if i were working 40's. i make 82.50 on ot. and im working 30hrs ot right now. thats 2475.00 in overtime a week before tax. about 1850 after tax plus 1900 week after tax on straight time. thats 3750/wk. multiply that by 51 weeks. take into account sometimes i only work 60 hours a week... so like i said, around 150k a year take home sounds about right.

when i go offshore i get 30% rate increase, and when i go overseas i get 50% rate increase. not to mention perdiem money.
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Old 11-30-2007, 11:27 AM   #39
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1000 perdiem is a tax break for me as it reduces my taxable income. so you can subtract 4k/mo from my income and its tax free. i was rounding when i said 150k i actually prolly bring home more than that.

i take home 1900/wk (after tax) if i were working 40's. i make 82.50 on ot. and im working 30hrs ot right now. thats 2475.00 in overtime a week before tax. about 1850 after tax plus 1900 week after tax on straight time. thats 3750/wk. multiply that by 51 weeks. take into account sometimes i only work 60 hours a week... so like i said, around 150k a year take home sounds about right.

when i go offshore i get 30% rate increase, and when i go overseas i get 50% rate increase. not to mention perdiem money.

You should get a DBA and go 1099. This way you could right off a lot more and save on that tax hit you are taking.
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Old 11-30-2007, 11:29 AM   #40
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Six figures is easy when you do contract work but, the catch is if you do not set yourself up properly taxes will eat about half or it.
no doubt.

i also have 2 retail accounts, a roth ira, and i contribute 10% to my 401k (pretax) and i pay about 450/mo. for health, dental, life insurance.

you would think i would be living alot better than i do, but i try to invest alot, so i dont get f'd up if i go out of work for a while. plus my money pit house, and big 4x4 diesel guzzling truck & payments...
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