Your first wage.
Discussion
1970, before going off to uni, 12 per week incl shift allowance.
1973 graduate trainee, 23 per week. British Steel.
Thought, stuff this for a game of soldiers, got more qualifications, turned out to be very much the correct decision, despite leaving a final salary pension scheme, fully index linked, pretty much guaranteed right to retire at 55 on full earned pension with no actuarial reductions. To be fair, at that time, didn't have the first clue what all that meant.
1973 graduate trainee, 23 per week. British Steel.
Thought, stuff this for a game of soldiers, got more qualifications, turned out to be very much the correct decision, despite leaving a final salary pension scheme, fully index linked, pretty much guaranteed right to retire at 55 on full earned pension with no actuarial reductions. To be fair, at that time, didn't have the first clue what all that meant.
First regular job was with a manufacturing company in Gosport in the mid-70's. Worked my holidays through A-levels and Uni. Started off earning £24 per week but by 1979 was earning £60 p.w. Hit the big time when they packed me off to London in 1980 to do some critical upgrades at the Natwest Tower. Earned £360 pw for 3 weeks; enough to pay for my 5 week tour of the southern US that year.
In 1981 started my first full-time job in Reading, £5,600 p.a. Augmented this with a bit of moonlighting repairing agricultural electronics. Negotiated a piece rate of £5 per electric fence or milking controller. Used to do 3 hrs each Monday evening. To start with I was lucky to repair more than 3 per evening but after a month or so this had increased to 10-12 per session. Even contemplated giving up my full-time job but what I hadn't considered was that I was clearing the backlog so fast that the work ran out!
In 1981 started my first full-time job in Reading, £5,600 p.a. Augmented this with a bit of moonlighting repairing agricultural electronics. Negotiated a piece rate of £5 per electric fence or milking controller. Used to do 3 hrs each Monday evening. To start with I was lucky to repair more than 3 per evening but after a month or so this had increased to 10-12 per session. Even contemplated giving up my full-time job but what I hadn't considered was that I was clearing the backlog so fast that the work ran out!
September 1989 started as a graduate in Purchasing at Nissan up in Washington on £9999. Reviewed every 6 months as a Grad, and increases paid based on performance.
Absolutely brilliant way to start my career, great place, great buzz, involved in (then) leading edge manufacturing and procurement practices, with lots of travel to suppliers, etc. Frequent use of pool cars - still have a great fondness for the Bluebird ZX Turbo to this day!
Absolutely brilliant way to start my career, great place, great buzz, involved in (then) leading edge manufacturing and procurement practices, with lots of travel to suppliers, etc. Frequent use of pool cars - still have a great fondness for the Bluebird ZX Turbo to this day!
Back in 1980 (I would have been 15) I had a summer job at Sanderson's Wines and Spirits In Morpeth Northumberland, I was coming out with £67 a week which was a fortune.
When I left School everyone I knew including me ended up on YOP schemes which was £25 per week, I had to give my mother £10 a week of that.
Bah!
When I left School everyone I knew including me ended up on YOP schemes which was £25 per week, I had to give my mother £10 a week of that.
Bah!
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
Think I visited there. My Dad worked out of the Welwyn office. Was 'Vax' one of the systems they sold or am I confusing that with vacuum cleaners?!£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
jdw100 said:
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!
brickwall said:
jdw100 said:
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!
grumpy52 said:
First wage was £1 per week for a paper round in 1967 ,first full time job was as a fishmonger with Macfisheries when I left school on £7 per week ,cold hands all day and people always knew if I was behind them by the smell of the sea ,in Bedford .
I remember the Macfisheries shop in Bedford - shame it went, my Mum used to buy fish there every week.My first job was the lowest entry position of 'remittance clerk' for Midland Bank in Bedford - think I earn't about £120/month in 1976.
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