How Much Do You Earn? #2

[storminaDcup]

32 years old. 3 years of uni plus 2 training years to do my job. Paid off my student loan last year. 65k base, 6k car, and minimum 15k annual bonus so about c.86k all in, give or take. The perks are good and the main draw as a female is 6 months fully paid maternity. 28 days hol plus bank hols. Private healthcare etc. My partner is in same industry and same age, no student loan debt as he trained on the job and he’s on £120k. We live on the outskirts of london.

 

[Ashleygardens]

Rai

for me i just feel like i’ll never come close to these sort of wages i work in retail currently and have no plans on going to uni. it seems impossible to get a good wage without a degree, someone please change my mind because i’m losing hope that i’ll ever make enough money to live without going to uni or being extremely talented

what jobs do you guys have (well paying) that you didn’t need to go to uni for? interested. i don’t want this comment to come across wrong! i’d just love to see my options.
[/QUOTE

Railway! No degree required. If you're female even better. They're screaming out for them!

I wonder if we do the same job! My salary is £45k but I made £79k last year with overtime/ shift enhancements. The railway is the best place to work.

If it begins with an 'S' then yes we do!

 

[BettyCrockerr]

What do people think on this situation. Should someone who has been working at a company get more pay than someone who hasn’t been there as long? For example someone being there 4 years should they get more over someone there 1 year? Similar amounts of experience otherwise. Or should everyone be paid the same regardless of time at the company?
I always thought it’s fair for people there for longer getting paid a bit more but my manager doesn’t believe it should be a thing.

If 2 people are doing exactly the same job, with exactly the same responsibilities then I personally don’t think one should get paid more than other simply because they have been there longer. That’s how you end up with people sitting in jobs for years doing the entry level amount of work but earning far more than they are due.

 

[aquamarine1234]

All these young people earning mega bucks and I'm sat here wondering where did I go wrong with my life

If it makes you feel better, we are all taking out eye-wateringly large mortgages for fairly average homes! Haha. The joy's of the 2020's...!

 

[lestarkettlex]

Thanks both, it’s a big adjustment especially with the way the job market is now. I had a long sit down with myself and straightened up, My dad died a few months ago, he left me the gift of our home together and a safety cushion. I cared for him through ill health and settled with the job I was in cause it worked for caring responsibilities but the world is my oyster now, I can get a little p/t role, low stress and still live within my happy little means. I know it’s a lucky position to be in, but staying in a job that destroys your soul, is not work 3k a month.

 

[Flowergirl14]

Just got my payslip for April. Despite getting a 2.3% annual pay rise this month, I am actually taking home £33 less in my pay packet! Thanks to the UK tax rises. I know I can weather it, but what about others on less income than me.

 

[Ashleygardens]

Just go online and apply. For absolutely anything. Because there are so many internal jobs to apply for once you're on which never make it into the public job searches

 

[HoGi]

I dont think my parent really understood their pension. I think they were lured into a really false sense of the 'good public sector pension' narrative and thought there would be something left for me but there was nothing.

I dont really care, Id much rather have my parent back than any money but I know theyd be devastated at all those years contributions for very little.

I think youre right if possible take the lump sum. Appreciate not everyone will be in a position to do this.

Pensions are a gamble.

You hope you will retire at a reasonable age, live for 30+ years and maybe predecease your spouse and they get it a few years longer.

But some will die before claiming it, have no spouse or kids and therefore any benefits will be minimal.

I'm married to someone 8.5 years older than me and no kids. Public sector pension. So to get my monies worth I need to either die tomorrow (death in service) or live to 100. Let's hope it's the latter.

 

[Penelope Strawberry]

Apart from footballers, the only role I could think of earning that would be a banker. Those guys earn huge amounts.

I work in HR and have access to people's pay data. I've seen C-suite execs on well over £1 million (excluding shares and bonus).

 

[peachesandcreamz]

Someone I know is a year older than me (26), has been in tech since 18 and is now on £64k ... crys in regretting not being a computer girl tbh x

Omg girllll I'm in my 30's and not hitting £30k a year What have we done!!!

 

[MsGilmore]

The civil service ‘golden pension’ is definitely no longer a thing! Mine is worth very little after 19 years service. People love to throw it at us though!

 

[Homebird44]

I always remember listening to something Oprah said back in years gone by & it was to earn your age aged 20 aim for 20k etc.. not sure how relevant it is now..

I wish I was 21. I also wish I earned 46K.

 

[bluefootedbooby]

I'm on £65k basic, plus £5300 car, and bonuses - I'm a construction site manager. It can be a very stressful job though, especially in this climate!

 

[MensaBarbie1985]

£44503; 33 days annual leave plus bank holidays - single, no kids, £402 a month mortgage and still skint!

I'm a Band 7 in the NHS but now top of the band and desperate to find something on an 8a - right now the £17 a month in my pocket for a lot more responsibility doesn't really sway me right now...

 

[Littlemisadoughnut]

My incomings are:

Wage: £980
Child benefit: £85 (I think)
CSA: £170
Universal Credit: £1200

I only work 20 hours a week. 3 days, two of them are 8-3 and the other is 8-4:30, I go to the gym when I finish at 3 and generally do stuff I have to get done before picking my daughter up from nursery! When she gets 30 hours free I might do 4 days but then I think what’s the point in working more and seeing her less 🥲

Wow, your take home is more than I get working full time and teaching! Are you a single mum?

 

[teeniebopps]

Started as a Support worker on £12000 a year, got asked to ‘help out’ in a managerial role due to a shortage of managers. Was studying a degree from home with the Open University at the time which I continued for 6 years and completed whilst acting up and then gaining the managerial role permanently. Didn’t use my degree as was happy stumbling into my new found job role. Had my degree funded too due to being on a low income. Have been put through and completed a Level 5 QCF in care management. Currently earn £27,000. Would like more, wouldn’t we all but am grateful everyday for what I have and being able to afford a roof over my head, car etc.

 

[takhana]

NHS Allied Health Professional - bottom of band 6 at present until next year so full time it's but part time so my take home is about £26k a year. In real terms I take home around £1500 a month, which works out to about £88 a day. Doesn't really feel like a fair wage for what I actually do which is very stressful, very time dependent and has very few perks. I work in a specialist team as well so I'm expected to work at a higher level in terms of my knowledge of the profession compared to my colleagues for the same pay.

 

[printandstripes]

I work for the council, in education planning. I earn £45k. I wish it was more, I'm a single Mum and my ex doesn't pay maintenance (ongoing 3 year battle through CMS). I used to be a teacher (was secondary Art & Design and Head of Department) and was on £47k, so a small pay cut for my new role. However I wfh now, and it's a super easy, low stress job. Hoping to start my own business alongside as I have lots of free time, but always doubt myself. Will see.

 

[Ensay]

The thing about earning over £100k (don't get me wrong I'd love to earn that) is that your expenses/ lifestyle tend to increase to match so you probably don't feel much better off.

So I know someone whose household income (both work FT, no kids) is about £200-250k. Yes they have a million pound house (although as it's in London it's an ordinaryish 3 bed albeit in a lovely area), but they also spend £££s on clothes (no Primark or Asda for them, and they work in the City so it's all formal wear suits most of the time). Nights out are all overpriced London bars rather than steak and a wine in the Wetherspoons (which does me fine!) and they won't go on a holiday unless it's a 5 star resort.

I do know someone else who earned huge amounts as a City trader in the 90s (I'm guessing the equivalent of £200k a year or more), and retired 20 years ago (aged 40) on a massive pension. Hasn't worked since!

I'm a bit jealous he could retire at 40, but fair play! I respect people who retire when they can afford to, rather than working for years and years to get money that they don't need. Though obviously it's everyone's choice.

I've got no children and don't want any and earn a decent salary. I'm putting aside plenty into my pension with a view to retiring around age 55. After losing several family members I've been reminded life's too short so I'd rather enjoy it as much as I can, as soon as my finances allow.

This thread makes me realise how badly I get paid. £10 an hour WFH admin for a small company. I don’t get holiday/sickness/pension as I am classed as self employed. I work my butt off and even though I’m not officially a supervisor or manager I do have to boss other staff around. I’m nearly 35 and feel like a complete failure at life

You're not a failure! Sounds to me like you work hard in a professional job. You've got, and are gaining, skills and you can take those to another workplace/job should you choose to.

I know it's not easy but do try not to compare yourselves with others too much. There will always be people who are wealthier, but it doesn't mean they're a better person or lead an amazing life. A lot of it is skin deep.

 

[catlady29]

29k - Tesco.