How Much Do You Earn? #2

[fruitfriends]

I’m unemployable in a “normal” job, or so I’ve been told. So I attempt to run a small business from home. I work full time around my bad illness days and earn about 6k a year and I hate it

 

[Scorpihoe]

That teaches some bad values or at least could imo, like a lack of communal sharing/living, being stingy with others, those are some odd values. It's one thing to have an adult child contribute but that's nuts.

I agree, there’s a clear difference between making your children pay their way and then just taking it too far. You’re doing more damage than good if you take it to the extreme. But thankfully the girl didn't turn out to be stingy etc and was actually seems really ambitious

personally for me (I understand if people feel different), I could never make my children pay to stay at the family home. It feels really cold and ‘transactional’ for me, I want them to feel welcome and comfortable and not feel like they’re only there because they’re paying me, or they’re a “lodger”

 

[Polythene Pam]

I earn £32,150 as a paralegal. I'm in the process of qualifying as a solicitor and if I manage it my pay will jump to £48,000 as a newly qualified solicitor.

 

[User111995]

Oh wow, you were lucky. I was paying my mum £30 for one night 25 years ago. £200 is the going rate, my mortgage is more than my monthly take home pay, with bills increasing its still a lot cheaper than moving out. I'll end up putting as much as I can in a savings account for him.

That’s up to you.

 

[Justmephi]

75k

Sadly i think money is really important; not having it/enough causes so many issues, stresses and pressures. We have more than others (but still relatively low wages vs outgoings - joint income of 39k for a family of 4 in a London commuter town and renting) but under the surface, we have debts and we have MH related impulsive spending issues. I love working, and the wages of the job itself doesnt bother me - i just wish we were in a place that we dont have to dread getting through the month, or getting to the point I can log into internet banking without anxiety!

I'm studying at the moment, so theres some reassurance that after that, my salary will go up potentially 10k a year extra

I feel money is important too. We are in the situation where our wages only just cover bills. I impulsively buy things for my children and this keeps me awake at night as there are times our bank is empty and its still days until payday
We never miss bills or mortgage so we manage our money but have zero savings left as we have used it all to support our living once all bills are paid

 

[YahBasic]

My company gave 3% this year for a payrise. Massively below inflation rates however im still grateful as I’ve worked for companies who never uplifted workers wages.

Also feeling very proud - when this thread originally started during one of the original lockdowns I was on 26K, I now earn 52k

With the same company, within the same team but I’ve developed through the ranks. Mostly dare I say it due to the positive effect covid had on our industry.

That’s fantastic!

You’ve inspired me to go back and look - when I first posted, I was on 62k (but 0.8 FTE so just shy of 50k). Now through negotiation and inflation increases, I’m on 79k (so 63k FTE).

At the start of lockdown in 2020, I was on 38k so I’m really proud of the moves I’ve made, negotiation I’ve done etc.

 

[Saddlesoap]

Around 24k as a Veterinary Nurse

Now earning 30k in the same job, just with extra responsibilities.

 

[smooth_operator33]

£22,000 customer relations manager, first full time job after graduating so i’m happy!

 

[Caffeine Fiend]

But if you die your family stands to get better than those with a “pot”. Most DB schemes have a refund of contributions if you die in deferment or if you die in retirement you might have a guaranteed paid period to your next of kin, additionally there could be a spouses pension and or a child’s pension with annual CPI increases. I worked in pensions previously so can say this with confidence.

My parent died, they were single with a civil service pension of 30+ years contributions.

No spouses pension, no childs pension. Nothing. Not yet state pension age but had been claiming the civil service pension for 5 years. There was nothing due to anyone.

I can say this with confidence because I have explored all avenues with it. I was the next of kin and named beneficiary on the pension so have all the paperwork. Its sickening.

There are certain scenarios where you are screwed over.

It is not the 'golden pension' everyone makes it out to be. Its a good pension for the individual if they live a long life to claim it. For a spouse you can potentially get 1/3 of the payment but its not guaranteed and there can be time limits on it too.

 

[Percypig]

I’m an 8b NHS manager (56k).
I started 14 years ago as a band 4 admin and worked my way up in various administrative roles.
The NHS is a great option for those that aren’t sure where to start their career, I have had project management training and an MSc funded to help me get to where I am. I’m very grateful

 

[Hotel_breakfast]

Currently I earn £12k a year working 2.5days a week. But it's self employed and I don't get holidays, sick pay, etc. It's in the charity sector. Soon I'll be starting a new fulltime job in the arts sector that pays £32k. Husband earns 98k working in finance. We are very fortunate. I don't know what any of my friends earn though, it's like no one really wants to talk about it!

 

[Skellig]

Emergency Medicine Registrar. € 85k a year. Worked during college since I was 18 doing loads of various things from working in medical records one week and phlebotomy the next. Aids me now as I know most of the staff in every department! Most weeks it's 65 hours.

 

[Flowergirl14]

I'm on c.£80k a year when I include my company car allowance and annual bonus.
I work as an accountant.
I did study hard to achieve this.

 

[EverthingGlitters]

Love this thread, so interesting to see all the different jobs and what people earn.

i earn £17900 a year and work 18 hours a week lecturing, my husband earns £110000 a year. I was very lucky not to have to work for nearly 7 years while the kids were little, just recently gone back to work part time

 

[Gidget00_]

Civil servant. Work 0.59 of a full time equivalent salary is about £13k for that. Woefully underpaid for the job I do but the option for promotion is mostly people management which I dont want to do. Its too flexible with my children but I am getting to a point now where I need to decide what I want to do with the rest of my life.

My partner is on a decent salary and I hate that I earn so little and feel like I contribute nothing. Its stress Im putting on myself though definitely not from them.

Ive been in the CS for such a long time now I feel like I have no transferable skills I also feel too old to study but only in my early 30s. I also dont have a clue what I want to do or what Id be good at. Sucks.

Firstly you’re not old, and never too old to study really, especially early 30s. You’re still young and if you want to study and do something you are good at and think you will enioy doing you should 100% do it if you can x

 

[Whatspopping]

those of you who are earning pretty high, i’d love to know how you managed to get into your job/ to that salary.

just asking because i’m a uni student and have a part time job but i love finding out the steps that people took to reach these points in their careers, like education, experience etc!!!

school taught me basically nothing about how to get to these places, just how to pass the exams, so i’m very interested in learning from peoples actual experiences of how they did it 🤍🤍

I'm on 40k, NHS role. In my teens I did retail work and was a student, mostly minimum wage. In my twenties I struggled to hold down jobs, again low wage call centre and temp jobs. The game changer for me was retraining and going back to Uni mid twenties. I got more skills and an MA. I also did a lot of placement work unpaid. The experience built up in a relatively short space of time set me up for my thirties. Hopefully I can keep progressing. I've found hard work, always upskilling and a bit of luck (being in the right place at the right time) have got me where I am.

I also never see the 'bad jobs' I've had in the past as a waste of time. For example a lot of the customer facing jobs in retail and dealing with complaints in a call centre enabled me to develop my communication skills which have been invaluable to my career.

 

[EasterEggs]

I would be annoyed if someone got paid more than me just because they had been at my firm for 5 years and I had been at another firm for 5 years. I think you do need to recognise long service so I don’t mind an extra 2 days holiday or even an extra wee bit of bonus but pay should be the same!

 

[MissTeddy]

ive loved reading this thread! Don’t think I’ve seen anyone say they’re a PA? I’m under 30, a PA in the east and earn £29000. We get a bonus half way through the year and a larger bonus in January. It’s a good company and good benefits- healthcare, pension, 25 days holiday etc. I do think I could probably earn more if I left but I don’t think this job is what I want to do for the rest of my life, I also don’t want to change company atm as we want to start trying for a family in 12-18 months time. I really just don’t know what I want to do with my life which often causes me a lot of upset and stress as I feel like I have no direction! I don’t love or hate my job, I just wish I was really good at something which would lead me to something I love and could earn money from.
My partner earns around £8k more than me but has higher outgoings as self employed, we live in an expensive area and used help to buy for our mortgage which we have another 3 years left without having to pay any interest. It does worry me when we want to move our mortgage will probably be twice as much as it is currently because of the HTB scheme! I’m often worrying about money or my credit card and I’m always left without money a good week before payday

before I had my daughter (10 years) ago I was an EA in Central London earning £54K + benefits.
Its a great career with fantastic opportunities and progression for the right candidates . I travelled the world with my bosses and met such lovely people.

 

[MensaBarbie1985]

How are you still skint on that? What do you spend your money on

Unfortunately a bad relationship and bad investment in property have left me with a lot of debts to pay back - my parents bailed me out so I pay them back over £800 a month...hopefully in around 2 years it will be sorted. I think my version of skint is very different to a lot of people though

 

[Caffeine Fiend]

Someone told me yesterday that civil servants get a 27% pension contribution!! Is that true?

Yes but its not a pension pot so to speak. You dont hold a pot value so the 27% isnt really money.

Its an excellent scheme if you live a long life, not so great if you die young or v early into retirement.

Also the majority of civil servants are not on a high wage. 'Nearly half (49.7%) of civil servants are paid below £30,000. Higher salaries are less common: just under a quarter (24.2%) of civil servants earn more than £40,000 and less than 3% earn over £70,000'

Source

Civil service pay | Institute for Government

How much are civil servants paid across government departments?

www.instituteforgovernment.org.uk

Ive been in the civil service over 10 years and my projected pension is not good.