What salary are you happy with these days?

What salary are you happy with these days?

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Discussion

rog007

5,759 posts

224 months

Wednesday 28th October 2020
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fastraxx said:
jakesmith said:
Yes big company & that is all in with bonus, shares etc. My job relies on a level of knowledge and experience and it's easy to take that for granted I guess & find it 'easy' where someone else may not but I'm no brain surgeon.

I'm in a management role but chose to be executional as well, at the last round of redundancies I took on my junior's role, thing is though I've been doing it so long it's not that much extra work, I have worked out how to delegate & develop talent quickly where appropriate, but make sure to add enough value for my position to be fairly secure. Fingers crossed.

Looking out in the job market as I do occasionally I'd need to break sweat to earn the same elsewhere so not that appealing - even if the career development opportunity would be better, I have 2 small children at home and don't want to lose my work life balance.
Nice. That's a good position to be in. Our management on the whole seem pretty stressed with demanding / time consuming roles (lots of evening/weekend working), perhaps they're ineffective and I have just not met the types like you in our businesss.
This (senior management folk being stressed, possibly due to incompetence) may be more widespread than many realise.

Those who have been schooled and mentored effectively to prepare them for senior roles are few and far between if one looks at staff turnover, businesses that fail and subordinate lack of satisfaction in their superiors.

As mentioned above, hiring folk better than yourself and mastering the art of effective delegation go some way to providing a better work life balance.

fastraxx

8,308 posts

103 months

Wednesday 28th October 2020
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rog007 said:
This (senior management folk being stressed, possibly due to incompetence) may be more widespread than many realise.

Those who have been schooled and mentored effectively to prepare them for senior roles are few and far between if one looks at staff turnover, businesses that fail and subordinate lack of satisfaction in their superiors.

As mentioned above, hiring folk better than yourself and mastering the art of effective delegation go some way to providing a better work life balance.
That last point is possible in a small business but in a very large business the graduates and many other positions are not hired in, theyre already in the company or have been assessed at panel days. It's very rare the hiring manager actually has a wide pool of people to pull on or 'ask to apply' for a role. So that makes this task of 'hiring better than yourself' almost possible.

jakesmith

9,461 posts

171 months

Wednesday 28th October 2020
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My friends in larger firms are tearing their hair out at their grads. We’re talking a big 4 firm with grads coming in from the top unis and they’re refusing to do tasks they don’t like, coming in late, and you can’t do anything about it as they’re the best you can get apparently.

h0b0

7,578 posts

196 months

Wednesday 28th October 2020
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jakesmith said:
I also question the number of people on that sort of salary doing something 'easy'.
It is possible that the work is "easy" for the person doing it but that is what makes them valuable. This may be through training or experience. Also, as has already been stated that different industries/geographies value the experience differently. A PM may be on £30k in the public sector in the North or £100k+ for finance in London.

PrinceRupert

11,574 posts

85 months

Wednesday 28th October 2020
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jakesmith said:
My friends in larger firms are tearing their hair out at their grads. We’re talking a big 4 firm with grads coming in from the top unis and they’re refusing to do tasks they don’t like, coming in late, and you can’t do anything about it as they’re the best you can get apparently.
The trainees at my firm are certainly not like that! They are all super polished and super hard working. Put me to shame ...

jakesmith

9,461 posts

171 months

Wednesday 28th October 2020
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PrinceRupert said:
The trainees at my firm are certainly not like that! They are all super polished and super hard working. Put me to shame ...
Fair do’s and very glad to hear it! First time I’ve heard anyone say that though and not my experience

Countdown

39,821 posts

196 months

Wednesday 28th October 2020
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PrinceRupert said:
jakesmith said:
My friends in larger firms are tearing their hair out at their grads. We’re talking a big 4 firm with grads coming in from the top unis and they’re refusing to do tasks they don’t like, coming in late, and you can’t do anything about it as they’re the best you can get apparently.
The trainees at my firm are certainly not like that! They are all super polished and super hard working. Put me to shame ...
Similar here. It would be interesting to see one of ours refuse to do something reasonable.

My team took on 2 at the start of the year and their work ethic is impressive.


CheesecakeRunner

3,786 posts

91 months

Wednesday 28th October 2020
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Countdown said:
PrinceRupert said:
jakesmith said:
My friends in larger firms are tearing their hair out at their grads. We’re talking a big 4 firm with grads coming in from the top unis and they’re refusing to do tasks they don’t like, coming in late, and you can’t do anything about it as they’re the best you can get apparently.
The trainees at my firm are certainly not like that! They are all super polished and super hard working. Put me to shame ...
Similar here. It would be interesting to see one of ours refuse to do something reasonable.

My team took on 2 at the start of the year and their work ethic is impressive.
Likewise. I work for one of the big IT consultancies and our grads are brilliant. I love having them on projects. They're so shiny and keen :-)

okgo

38,001 posts

198 months

Wednesday 28th October 2020
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jakesmith said:
Fair do’s and very glad to hear it! First time I’ve heard anyone say that though and not my experience
There's a million more Hugo's from Harrow waiting behind them if they don't pull their weight. I think what you've said probably is the exception vs the rule, all I've ever heard of from people in those places echoes what PR and the other chap have said. Prepared to sleep on the floor to get the job done.

DillonL

44 posts

105 months

Wednesday 28th October 2020
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CaptainSlow said:
If you have a team of over 500 you tend to be on a lot more than £100k
Will vary a lot by industry. In my industry there are individual contributors earning £120-£150k and finishing by 6pm most days. There are also people in the same industry but in different roles earning less than 6 figures but responsible for teams of 100s.

I agree with your post though, leading a team of 500 is going to command at least £100k in the vast majority of cases.

h0b0

7,578 posts

196 months

Wednesday 28th October 2020
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CheesecakeRunner said:
Countdown said:
PrinceRupert said:
jakesmith said:
My friends in larger firms are tearing their hair out at their grads. We’re talking a big 4 firm with grads coming in from the top unis and they’re refusing to do tasks they don’t like, coming in late, and you can’t do anything about it as they’re the best you can get apparently.
The trainees at my firm are certainly not like that! They are all super polished and super hard working. Put me to shame ...
Similar here. It would be interesting to see one of ours refuse to do something reasonable.

My team took on 2 at the start of the year and their work ethic is impressive.
Likewise. I work for one of the big IT consultancies and our grads are brilliant. I love having them on projects. They're so shiny and keen :-)
I think Jakes friend has misinterpreted what is going on. The new grads do come in later but they also work later and work at times that suit them better than the 9-5 offers. We, as the old foggies, have to modernize our approach and relise we do not need to wear a shirt to the office any more. When I first stepped into IT I was amazed at the legacy methodolgies in place and the expectation for me to be at my desk until 5 even if I had finished what I was working on and it made no sense to start something new due to the artificial boundaries set in place.



PrinceRupert

11,574 posts

85 months

Wednesday 28th October 2020
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h0b0 said:
I think Jakes friend has misinterpreted what is going on. The new grads do come in later but they also work later and work at times that suit them better than the 9-5 offers. We, as the old foggies, have to modernize our approach and relise we do not need to wear a shirt to the office any more. When I first stepped into IT I was amazed at the legacy methodolgies in place and the expectation for me to be at my desk until 5 even if I had finished what I was working on and it made no sense to start something new due to the artificial boundaries set in place.
Hah, not sure that is true for my office either - our trainees tend to be first in the door, last to leave, and tend to be the best dressed as well!

fastraxx

8,308 posts

103 months

Wednesday 28th October 2020
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PrinceRupert said:
Hah, not sure that is true for my office either - our trainees tend to be first in the door, last to leave, and tend to be the best dressed as well!
Management should encourage them to have a life too

jakesmith

9,461 posts

171 months

Wednesday 28th October 2020
quotequote all
h0b0 said:
I think Jakes friend has misinterpreted what is going on. The new grads do come in later but they also work later and work at times that suit them better than the 9-5 offers. We, as the old foggies, have to modernize our approach and relise we do not need to wear a shirt to the office any more. When I first stepped into IT I was amazed at the legacy methodolgies in place and the expectation for me to be at my desk until 5 even if I had finished what I was working on and it made no sense to start something new due to the artificial boundaries set in place.
No she's a senior manager at a major firm beginning with a K and says the attitude of the grads is generally poor. She is a very level headed & conscientious person highly successful in her career. I have seen the exact same thing working for a major telco, and on a smaller scale in my team where I made the mistake of taking a younger promising looking person on. Also the bloke who did our patio had a lot of trouble with his lad not turning up. The pointing the lad did was poor I'm redoing it myself next year! So that's 4. Hardly a representative sample I know but that's the basis on how most humans reach opinions about things being honest! LOL

PrinceRupert

11,574 posts

85 months

Wednesday 28th October 2020
quotequote all
fastraxx said:
Management should encourage them to have a life too
Wrong industry for that I'm afraid...they know what they are signing up for!

djc206

12,340 posts

125 months

Wednesday 28th October 2020
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PrinceRupert said:
Hah, not sure that is true for my office either - our trainees tend to be first in the door, last to leave, and tend to be the best dressed as well!
As a side note why do we make people dress up to sit in an office all day? Why can’t we all just wear what we want? it would benefit us all.

kingston12

5,480 posts

157 months

Wednesday 28th October 2020
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djc206 said:
As a side note why do we make people dress up to sit in an office all day? Why can’t we all just wear what we want? it would benefit us all.
Its just because 'that's the way we've always done it', just like physically going into an office five days a week which adds little or no value to a lot of roles, but does add a lot of cost and hassle.

Both are changing fairly quickly now though.

Edited by kingston12 on Wednesday 28th October 17:47

fastraxx

8,308 posts

103 months

Wednesday 28th October 2020
quotequote all
PrinceRupert said:
Wrong industry for that I'm afraid...they know what they are signing up for!
Banking or law?

djc206

12,340 posts

125 months

Wednesday 28th October 2020
quotequote all
kingston12 said:
Its just because 'that's the way we've always done it', just like physically going into an office five days a week which adds little or no value to a lot of roles, but does add a lost of cost and hassle.

Both are changing fairly quickly now though.
Seems to be the case.

As someone who has worn jeans and a t shirt to work every day for a decade it completely baffles me. Pre covid when I would have cause to visit out corporate offices I’d find whole buildings of people sat there wearing their next/M&S finest except on Friday when they would be wearing their jeans and t shirts like me. Unless they’re meeting people from less enlightened companies or dignitaries why would they wear less comfortable clothing for 4 days and why would Friday be treated any differently? If it’s good on a Friday it’s good on a Monday. Now they’re all sat at home in their pyjamas/joggers/birthday suits doing their jobs sans the miserable commute, terrible filter coffee and polyester suits. Presumably this has had no impact on their ability to do their jobs.

PrinceRupert

11,574 posts

85 months

Wednesday 28th October 2020
quotequote all
fastraxx said:
Banking or law?
Law.