How Much Do You Earn? #2

[abcdsb7]

Just got a new job as an accountant on £68k plus 10% bonus. Pay raise of 8k so happy with that. I'm 30 and about where I want to be money wise. Basically the most money I can earn with the least amount of responsibility. New role has no management responsibilities whereas I managed a team of 3 now.

Bf is 36 and earns 80k plus 20% bonus as a finance manager.

Hey, thanks for sharing - what industries do you both work in?
I’m 30 and am a finance manager at 62k in the retail sector but tbf I don’t have to manage anyone formally

 

[Souffle]

There are social media community management and moderation roles that are WFH and pay better. DM if you want some companies.

Thank you. I don’t know how to DM on here?

Your employer will need to change its working model in light of the new IR35 regulations.
We used to use consultants but they didn’t work for anyone else - so now the company has brought them in on an employed basis.
Presume your tax situation Is at least very beneficial if you are self employed? Can you write a lot of a stuff off as ‘work expenses‘ ?

Not really. I’ve just done my first year tax return and could claim quite a bit for new laptop and office furniture but in general it’ll just be a percentage of the household bills and phone.

 

[LifeOfMog]

New to this thread, and looking for some inspiration as I'm not sure where I want to be in my career path!
I'm 24, working as a mechanical engineer on 36k which I know for my age I'm extremely lucky, my partner is a year older than me and on the same wage as a trainee construction manager (due to graduate so his money will go up)

My issue is I want a job that is work from home or in the office once or twice a week, something creative or techy, but I can't afford to start from the beginning again and go back down to less than what I'm on now - we have bills and mortgage to keep up with with little money left each month for savings / spending :/

I have recently got a new job within the construction industry so I am aiming on staying here for 12 months (I'm only 4 months in lol) but would love some recommendations of job roles I could look into !!

 

[sweetpaprika]

I work in communications and earn just below £34k. I think I do way more than my role states but I've been told I can't be considered for a promotion until next year. It feels quite demotivating tbh so I'm actively applying for other roles, but I know this isn't what I want to do with my career. I just about scrape by with my mortgage payments (£750 a month exc. bills) and barely spend much money as I like to save for traveling.

 

[Souffle]

Please dont feel like that. I too felt abit wobbly and wondered about my own life when reading some of the posts. But you are so fucking brave for being self employed.

I’d rather be employed and have that stability. I did ask once but they refused which I think is a bit shit considering I work 35-40 hours a week for them. Not having any holiday completely burns me out. I take one or two weeks off a year and then panic because I’m not earning anything during that time. I’m intelligent and could do much better, I just don’t have much experience in anything that’s going to earn me much more money (history is care work, hospitality and HCA for NHS) it also doesn’t help that I need to WFH now x

You're not a failure! Are you able to look elsewhere for work, with benefits like sick & holiday pay? I'm in my 30s and working for minimum wage, but it's all a stepping stone to better things. It's never too late for change!

I need to WFH so I don’t know what jobs to look for. I really don’t want to do call centre work from home as I used to do it and can’t stand being on the phone all day now because I get irritated by noise. I don’t mind the occasional phone call though. The job I do at the moment means I can quietly get on with my job and maybe take one or two phone calls a day. I just don’t know what to do x

 

[Lazarus]

46k, civil service (not London based), early 40’s.

 

[Lollipops23]

€39k inc bonus as an admin manager in a building consultancy.

 

[thegoodnaysayer]

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.

What do you do? That's a crazy increase in four years

 

[abc i like tea]

I've been thinking about doing private work but not sure if it's worth it with the tax and paying for a place to do it out of.

Definitely go for it!! You’ll earn much more and it’s a more calming environment since you are working for yourself.

 

[tagliatelle]

He's works In property. I know what you mean. He's quite content at the moment but looking to move slightly sideways to commercial as it's quite a good skill to have to be able to bridge the gap between finance and commercial in property.

Yeah, mine is back in FinOps after a stint in Commercial. He really likes it, but Commercial pays far better in his org. That said, he’s just been offered his boss’ maternity cover so fingers crossed it can become a permanent move if he does a good job.

 

[feelingnuts42]

This thread had really surprised me. I work for a large organisation I’m an accountant and I do the payroll so I see a large range of salaries.
One job I think is massively under rated is sales people seem to look down on it. Our sales staff start on around £25k and the good ones earn £80k. You just need a strong friendly personality and a desire to earn.

 

[LifeOfMog]

Would be a good idea for a new thread.
Trying to set one up...
[/QUOTE
I think there was one for side hustles but maybe I'm misremembering.

I thought there was one too but I couldn't find one!

 

[Forallthoseasking]

I also work in HR/Operations in the tech industry! But you earn a lot more than me haha

If Tattle had a DM feature I'd message you but unfortunately not!

 

[Zenchick101]

I have been meaning to post this for a while, but I forget everytime.

America is now offering a green card to nurses and their families, on arrival. The pay is also very good.

So any nurses wanting a change, it might be worth a look.

that's so crazy in canada especially quebec they're looking for nurses as well!

 

[Tired of this crap]

And four in our school have lost there jobs come summer due to budget cuts. The education system is really failing kids, I’m going to have to look for a new job in the next six months to see if I can earn more the cost of living has really hit us.

Any ideas what you’ll look for? I feel so stuck in low paid roles (was previously a TA) and I know I’m intelligent and capable but I don’t know how to move into something better paid

 

[Former_Antelopee]

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!

Yes that would be better we used to be owned by a different company people who worked there longer got better pay and I don’t/didn’t mind as they’d been loyal to the company. Everyone got a week extra holiday after a year which was good but once a new company bought us they gave everyone the extra week regardless

 

[tagliatelle]

I’m in payroll too (I run payroll by myself), In house and 34k a year, I did have a look on indeed pre Xmas and there are some hefty payroll salaries out there right now but working remotely full time just doesn’t sway it for me. I love my job, wider team and company. Congrats on your new job!

Don’t really want to out myself but the company is well set-up for remote work, which is the only reason I’m not bothered. If I was in the remote minority in a company it would definitely give me serious pause for thought.

ETA: I think I misread your comment? Are you remote or are you saying the £££ jobs are remote?

 

[miamae]

I’m not a teacher but, I remember when my friend started she was on around £24-25k then it went up in increments each year. She was on £30k by her third year. Not sure how far you are into it but, it’s definitely worth asking!

I'm my second year into it, thank you I definitely will be!

 

[Zenchick101]

I'm curious do you think there's an income level you have to reach first before having kids?

 

[Hbirdette]

Sorry to butt in - are you NHS? If not, it sounds like you might be interested in a Medical Secretary/Waiting List Secretary type role. These often lead to being a PA for surgeons, consultants, senior nurses and management etc with a bit of experience. It also sounds like you’ve got the right experience to step in at either a band 3 or band 4 role and work your way up. If you’re in Scotland, band 3 is currently £21,709 - £23,603 and band 4 is £23,709 - £25,982. Not sure how long it’ll stay at those rates with the current ballots surrounding the pay rise as the 5% uplift was rejected. PA roles tend to be band 4 but can be band 5 if you’re willing to take on some management/supervisor duties too (band 5 is currently £26,104 - £32,915).

If you’re not in Scotland then obviously ignore the pay rates but the job roles should be more or less the same across the country. NHS is always a good place to get experience and then move onto somewhere private if you’re looking to earn more though

I agree! I used to be a hairdresser and entered at band 4, a few of my team were shocked that I started at that Band but I think I just got lucky!