Your first wage.
Discussion
£7000 rising to £8000 after six months probation. Junior Quantity Surveyor in 2001. The wage was so low that I think the hourly rate was less than the evening/Sunday rate I had been on at Sainsbury's whilst I was at college. They did pay my university fees (which would have been much lower then) and made me go on day release, so not all bad, and it went up quite a bit at the annual pay review. Short term pain for long term gain!
http://www.bankofengland.co.uk/education/Pages/res...
If I'd have stuck with same job (£4,200 in '87) and just got an inflation based pay rise each year I'd be on a whopping £11,000 a year now.
I'm sure someone will come along to point out I've got that completely wrong...
If I'd have stuck with same job (£4,200 in '87) and just got an inflation based pay rise each year I'd be on a whopping £11,000 a year now.
I'm sure someone will come along to point out I've got that completely wrong...
AlexC1981 said:
£7000 rising to £8000 after six months probation. Junior Quantity Surveyor in 2001. The wage was so low that I think the hourly rate was less than the evening/Sunday rate I had been on at Sainsbury's whilst I was at college. They did pay my university fees (which would have been much lower then) and made me go on day release, so not all bad, and it went up quite a bit at the annual pay review. Short term pain for long term gain!
I forgot to mention, I got 40p per mile travel allowance, which topped up my salary by about 20%!1992: £1 per hour plus commission (part time whilst at school). It was at Miller Bros electrical retailers and the commission eclipsed the basic. I used to work two evenings a week and all weekend - in the run up to Christmas I could easily earn £200 a week which was a fortune for 16 year old me.
Side note: I recall that we could instantly see which products paid the most commission by looking at the pence. £xxx.99 paid 0.25%, £xxx.98 0.5%, £xxx.97 1%, £xxx.96 2% and £xxx.95 3%. When faced with a customer that was considering a few alternatives it was easy to steer them in the right direction!
Side note: I recall that we could instantly see which products paid the most commission by looking at the pence. £xxx.99 paid 0.25%, £xxx.98 0.5%, £xxx.97 1%, £xxx.96 2% and £xxx.95 3%. When faced with a customer that was considering a few alternatives it was easy to steer them in the right direction!
In 98 ish I was getting £2.37/hour as a part time kitchen porter. I remember doing a 67 hour week In the holidays and got £137 after tax. I went to claim tax back buy apparently I never paid any according to hmrc.
I moved to on McDonald's after a few months who paid £3.60 which wasn't bad at the time.
I moved to on McDonald's after a few months who paid £3.60 which wasn't bad at the time.
A few Part time jobs on varying wages. £2 an hour cold calling for windows was the worst! Didn't make a single lead so no commission and sacked after 6 weeks.
After leaving uni in 2005, my first job in IT was £16k. My girlfriend at the time was also on £16k. We paid £120k for a house @ 4 times our joint income and we were soon skint.
After leaving uni in 2005, my first job in IT was £16k. My girlfriend at the time was also on £16k. We paid £120k for a house @ 4 times our joint income and we were soon skint.
jdw100 said:
NormalWisdom said:
1980 - Digital Equipment Corporation (DEC) Reading
£3200 a year
Took home just over £200 a month and gave Mum £50
Worked there for 16 years before the ailing company made me redundant whilst I was working in Auckland
That was probably quite good money in 1980? For a first years salary.£3200 a year
Took home just over £200 a month and gave Mum £50
Worked there for 16 years before the ailing company made me redundant whilst I was working in Auckland
I remember my first job was unbelievably lucrative - I could barely believe my eyes.
Intern in investment bank in London in 2010 - it was £42,000 pro rata, for 10 weeks. However once you included pro-rata holiday pay (because no-one took any holiday during the 10 week internship) you got 11 weeks pay.
Worked out at something like £890 per week. Just under £9k gross for a summer job - paid for the final year of uni.
It's the same these days, except the increase in the personal allowance means now the whole lot is tax free!
Intern in investment bank in London in 2010 - it was £42,000 pro rata, for 10 weeks. However once you included pro-rata holiday pay (because no-one took any holiday during the 10 week internship) you got 11 weeks pay.
Worked out at something like £890 per week. Just under £9k gross for a summer job - paid for the final year of uni.
It's the same these days, except the increase in the personal allowance means now the whole lot is tax free!
brickwall said:
I remember my first job was unbelievably lucrative - I could barely believe my eyes.
Intern in investment bank in London in 2010 - it was £42,000 pro rata, for 10 weeks. However once you included pro-rata holiday pay (because no-one took any holiday during the 10 week internship) you got 11 weeks pay.
Worked out at something like £890 per week. Just under £9k gross for a summer job - paid for the final year of uni.
It's the same these days, except the increase in the personal allowance means now the whole lot is tax free!
Very nice indeed!Intern in investment bank in London in 2010 - it was £42,000 pro rata, for 10 weeks. However once you included pro-rata holiday pay (because no-one took any holiday during the 10 week internship) you got 11 weeks pay.
Worked out at something like £890 per week. Just under £9k gross for a summer job - paid for the final year of uni.
It's the same these days, except the increase in the personal allowance means now the whole lot is tax free!
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