What's your idea of a good salary?

What's your idea of a good salary?

Poll: What's your idea of a good salary?

Total Members Polled: 1277

£10k+ per annum: 0%
£20k+ per annum: 1%
£30k+ per annum: 10%
£40k+ per annum: 19%
£50k+ per annum: 17%
£60k+ per annum: 11%
£70k+ per annum: 6%
£80k+ per annum: 7%
£90k+ per annum: 2%
£100k+ per annum: 27%
Author
Discussion

mph1977

12,467 posts

170 months

Sunday 28th December 2014
quotequote all
mikerons88 said:
I just cannot believe what I am reading .

Hopefully you feel suitably englightened
not really ,

you have stated that you cannot beleive what you are reading ...

what can you not believe ;

that the median average is the one typically used when talking about average wages/ salaries ?

the value ascribed to the average wage ?

the concept of the 'the living wage' ?



mikerons88

239 posts

115 months

Sunday 28th December 2014
quotequote all
mph1977 said:
not really ,

you have stated that you cannot beleive what you are reading ...

what can you not believe ;

that the median average is the one typically used when talking about average wages/ salaries ?

the value ascribed to the average wage ?

the concept of the 'the living wage' ?
The amount you write to win at Internet hehe

lukefreeman

1,495 posts

177 months

Tuesday 30th December 2014
quotequote all
A good salary is one where you do what you want, not feel limited at all, but still have 1/4-1/3 left over for savings at the end.

Numbers are irrelevant.

croyde

23,095 posts

232 months

Tuesday 30th December 2014
quotequote all
I still remember the shock horror headlines when it was announced that Anna Ford the news presenter was on £50k a year. Seemingly not long after, well probably ten years later, I started hitting £50k but it has stayed the same ever since.

Before we separated it was a decent wage that I only had to work 3/4 days a week to attain. It was a nice work/life balance but since the split I now have to try to work 5/6 days a week and am still struggling frown

Unfortunately there is not enough of my work to go round to always work at least 5 days a week.

Japveesix

4,491 posts

170 months

Tuesday 30th December 2014
quotequote all
sparks_E39 said:
It's good in Dorset! I know it's not loads but it's comfortable
100% agree with you, not everyone on PH is earning £70k+ and thinks anything below £100k is barely liveable.

If my girlfriend and I could both earn £25K then we'd be very comfortably off and have a totally different and financially very easy life compared to what we currently have. And we're both over 30 so would be considered failures by most in this thread for not earning our age+10 or in the first place.

Oh well, we're happy enough, earning the average would be lovely and sure we'll get there at some point. smile

STW2010

5,754 posts

164 months

Wednesday 31st December 2014
quotequote all
Reading the thread I can see why someone would think this:-

Japveesix said:
If my girlfriend and I could both earn £25K then we'd be very comfortably off and have a totally different and financially very easy life compared to what we currently have. And we're both over 30 so would be considered failures by most in this thread for not earning our age+10 or in the first place.
But then when they actually say this then the salary actually seems irrelevant:-

Japveesix said:
Oh well, we're happy enough, earning the average would be lovely and sure we'll get there at some point. smile
I'd rather earn the minimum wage and be happy than earn in excess of £100k and never see my daughter

Olivera

7,248 posts

241 months

Wednesday 31st December 2014
quotequote all
swerni said:
I'd rather earn in excess of £100k and see my children.

Why is it either / or?
Quite, and I'm not sure it's true that those earning more are usually working much longer hours. For example it's very common for those earning near minimum wage to put in lots of overtime to make a liveable salary. In contrast since I've started earning a lot more I'm probably also working less hours.

STW2010

5,754 posts

164 months

Wednesday 31st December 2014
quotequote all
swerni said:
I'd rather earn in excess of £100k and see my children.

Why is it either / or?
It doesn't have to be, that was an illustration of how I place happiness ahead of earnings. Very few would disagree with you there!

My own example- I currently work about 60 hours a week, and with a young family this is just about manageable; I go to the office at 7am and work until about 6pm, so am home in time to see my daughter (I work in the evenings and at the weekend too, but I try to fit everything into the week office hours). If I was in a position of responsibility at my workplace with a salary of over £100k (there are quite a few which are at this level) then my working hours would increase. I would be also be travelling even more than I already do (currently about a week away every two months, so at the moment it's fine) and would be under a lot more pressure than I already am.

aproctor1

88 posts

170 months

Sunday 26th May
quotequote all
How times have changed.

Minimum wage is £25k and £100k is the new £75k.

What's a good wage nowadays? There still seems to be a lack of £150k+ roles, at least outside banks and sales.

Rusty Old-Banger

4,125 posts

215 months

Sunday 26th May
quotequote all
Such a contentious question, though. There's a guy in here with a DINKY combined income of well over 100k and he's complaining that he can't afford to have a kid. Other people on large 100k+ salaries are often found whinging that they don't get free childcare.

I know a couple with a 2 million pound farmhouse, 250k worth of cars, an au pair, he's a "design consultant" for McLaren on north of 1k/day, she's a surgeon, and they moan that the cost of out-of-term holidays are so expensive, they have no choice but to take the kids skiing (for example) during term time. Nice family and they are good friends so I'm not bitter, but they would have a heart attack if they had to live on the income that we have for a family of 6 (he earns in a month what I net over a whole year).

a311

5,835 posts

179 months

Sunday 26th May
quotequote all
It's all relative really.

My attitude has changed over the last 5+ years, where I've stopped chasing promotions as I feel like I've got to the level where the balance of salary and level of responsibility and stress is just right. Where I work is a pretty rigid banded structure to move up a couple more bands is maybe an extra 7k in my back pocket every year. What does that get you? Slightly nicer car, slightly nicer holidays, bit more into savings? At the cost of longer hours and more stress no thanks.

I'd say a good salary is whatever let's you live how you want with in reason.

Dunbar871

13 posts

1 month

Sunday 26th May
quotequote all
100k is not a lot.

okgo

38,356 posts

200 months

Sunday 26th May
quotequote all
Dunbar871 said:
100k is not a lot.
Racehorse - he’s back!

djc206

12,466 posts

127 months

Sunday 26th May
quotequote all
okgo said:
Dunbar871 said:
100k is not a lot.
Racehorse - he’s back!
Not a lot but more than he makes though right? I do wonder about the mental state of someone willing to create multiples profiles on multiple forums

Dunbar871

13 posts

1 month

Sunday 26th May
quotequote all
djc206 said:
okgo said:
Dunbar871 said:
100k is not a lot.
Racehorse - he’s back!
Not a lot but more than he makes though right? I do wonder about the mental state of someone willing to create multiples profiles on multiple forums
I think you have me confused with someone else, I’ve only recently joined and have a confident posting style which seems to have confused people like Alex RS232 with other “banned returners” .

djc206

12,466 posts

127 months

Sunday 26th May
quotequote all
Dunbar871 said:
I think you have me confused with someone else, I’ve only recently joined and have a confident posting style which seems to have confused people like Alex RS232 with other “banned returners” .
Yes I’m sure that’s the case. Do you know the difference between there, their and they’re? Asking for a friend.

Dunbar871

13 posts

1 month

Sunday 26th May
quotequote all
djc206 said:
Dunbar871 said:
I think you have me confused with someone else, I’ve only recently joined and have a confident posting style which seems to have confused people like Alex RS232 with other “banned returners” .
Yes I’m sure that’s the case. Do you know the difference between there, their and they’re? Asking for a friend.
Yes I can assure you and others there is no confusion. I’ve never met a banned returner in person but they’re clearly a problem on this site. I don’t understand their problem.

valiant

10,425 posts

162 months

Sunday 26th May
quotequote all
Dunbar871 said:
100k is not a lot.
It’s a fantastic salary when you consider the average wage.

People who say it’s not a lot need a reality check.

Regbuser

3,721 posts

37 months

Sunday 26th May
quotequote all
This is PH; where's the £250k, £500k, and £1mil, £2.5mil, £5mil, etc. options.. ?

jasonrobertson86

640 posts

6 months

Sunday 26th May
quotequote all
aproctor1 said:
How times have changed.

Minimum wage is £25k and £100k is the new £75k.

What's a good wage nowadays? There still seems to be a lack of £150k+ roles, at least outside banks and sales.
Plenty outside O+G, most aren't advertised as such though.