What salary are you happy with these days?

[Pit Pony]

Lord.Vader said:

Is that really true for PAYE?

Our senior management team are working 8-11 (I mean senior, operational teams of 500+, professional teams of 50+), holidays, etc included.

Although from my time in Europe / US it seems very much a UK / USA attitude to work, especial in this digital age.

Talking £100k+ basic, 20%+ bonus, and LTIP.

Years ago, there was an.opening for the MDs job at a subsidiary of a corporate conglomerate that I worked for. There were probably 60 MDs of various sites and divisions.
At the time as a 27 year old engineer, I was earning £18k. The MDs job was for £100k. He did work long hours.
I suggested over lunch to 2 of my colleagues that we had enough collective experience to do.the job ourselves. And if we shared the pay and did 25 hours each in ovee lapping shifts, we could double our pay. And be more effective, because well ...
..3 minds better than one.
I'm not sure how a joint application would have gone down, but it gets me thinking.
The MD doesn't have 1000 people working for them, they have 5 or 6.
They shouldn't do any work, and if they are overloaded they should have the professional ability to justify and employ more assistance. Equally, if senior people are staying late that's because they aren't delegating. One reason is not enough staff, another is that you haven't trained them to take on the work. Or you don't trust them....But either way it's your fault.
If you are junior and doing lots of hours, either you have too much work or you are not effective. As a trained MTM1 manual work study engineer, I can't expect an assembly operator to achieve more than is possible in the time, but much work in offices is so ill-defined that nobody knows how long it should take. So you get dumped on until you break.

[wastedyouth86]

anonymous said:

[redacted]

there is a fix for doctors and nurses and that is leave the NHS and work privately... compare the salaries of the US doctors and Nurses compared to UK and it is shocking

[Kent Border Kenny]

wastedyouth86 said:

there is a fix for doctors and nurses and that is leave the NHS and work privately... compare the salaries of the US doctors and Nurses compared to UK and it is shocking

But once they work privately they become accountable for their performance, and of course the pension would not be the same.

[MrJuice]

Kent Border Kenny said:

But once they work privately they become accountable for their performance, and of course the pension would not be the same.

Are NHS doctors and nurses not accountable for their performance?

[Countdown]

wastedyouth86 said:

anonymous said:

[redacted]

there is a fix for doctors and nurses and that is leave the NHS and work privately... compare the salaries of the US doctors and Nurses compared to UK and it is shocking

The NHS is quite good and free (at the point of use). That means the demand for private Healthcare is limited.

I wonder whether more people would go private if GPs had the same restrictions applied to them as Dentists did? The number of those going private seems to be quite high.

[Kent Border Kenny]

MrJuice said:

Are NHS doctors and nurses not accountable for their performance?

It really doesn't seem that way. Remarkably few seem to be let go for performance issues each year, it seems that once you are in that unless you start literally tipping patients out of high windows that the worst that happens is a slowed promotion path and the occasional redeployment.

I've not seen the numbers in a while though, so I'd be interested to see if my impression is no longer correct.

[MrJuice]

Kent Border Kenny said:

It really doesn't seem that way. Remarkably few seem to be let go for performance issues each year, it seems that once you are in that unless you start literally tipping patients out of high windows that the worst that happens is a slowed promotion path and the occasional redeployment.

I've not seen the numbers in a while though, so I'd be interested to see if my impression is no longer correct.

You're a highly educated guy working in quite a precise industry. You are therefore used to making evidence based decisions.

Would you mind sharing the evidence you used to come to your impressions. That someone stays in a particular job for a long time does not make them a poor performer who cannot be held accountable. But given your education, I don't think you were suggesting that anyway, were you?

[Kent Border Kenny]

MrJuice said:

You're a highly educated guy working in quite a precise industry. You are therefore used to making evidence based decisions.

Would you mind sharing the evidence you used to come to your impressions. That someone stays in a particular job for a long time does not make them a poor performer who cannot be held accountable. But given your education, I don't think you were suggesting that anyway, were you?

As I said, it's a while since I last looked at the statistics, but no, I wasn't suggesting that long service is a sign of lax performance monitors. The sign for that would be very few people being let go for not hitting the marks. that they have been set.

[MrJuice]

Right. What statistics are you referring to then?

Just headlines would be helpful but if you have time, details would be even more helpful. I am struggling to understand what angle you are coming at this from.

[Countdown]

Kent Border Kenny said:

wastedyouth86 said:

there is a fix for doctors and nurses and that is leave the NHS and work privately... compare the salaries of the US doctors and Nurses compared to UK and it is shocking

But once they work privately they become accountable for their performance, and of course the pension would not be the same.

How do they become "accountable" for their work when they go private? They're literally self-employed and accountable to nobody except the GMC. In the NHS they're being watched by burses, fellow doctors, Consultants, Clinical Directors and by the patients and their families.

[vulture1]

anonymous said:

[redacted]

The point I am getting at is in general people who see a nurse doctor or fireman want to see them. The majority of the police "customers" want to spit on them hit them attack them kill them call them pigs scum etc...

[Chicken Chaser]

vulture1 said:

The point I am getting at is in general people who see a nurse doctor or fireman want to see them. The majority of the police "customers" want to spit on them hit them attack them kill them call them pigs scum etc...

The police generally get given the jobs left short by everyone else i.e the unfolding mental health crisis, social services etc so the crime side of things is almost secondary to everything else. The fire brigade have pretty much put themselves out of harms way with fire prevention. Paramedics are increasingly at risk when dealing with people

These are jobs that don't have a normal day.

[Siko]

Clearly there’s some very well off folk frequent this forum. I earn in the region of £120k pa and we have a family income of around £165k or so.

Both of us work all hours and both fairly stressed a lot of the time although we both love our jobs and get decent downtime too, kids go to local state school, cheap holidays, one cheap car owned and one middle range lease. No big debts just a few small loans for phones and stuff, whopping mortgage and every penny we earn goes into the beautiful money pit that’s our house.

So salary isn’t everything, you’d be amazed (I’m not moaning btw) how marginal taxation hammers you as you earn >£100k.

Edit: sweet spot for me was £90k family income and mortgage about a third of my current one. You don’t neeed a lot to be happy and the more you earn, the more joy spend

Edited by Siko on Friday 30th October 22:09

[NickCQ]

vulture1 said:

The point I am getting at is in general people who see a nurse doctor or fireman want to see them. The majority of the police "customers" want to spit on them hit them attack them kill them call them pigs scum etc...

Yes, but go to your local A&E on a Friday night and you will find plenty of people who aren't quite so polite.
For what it's worth I think that doctors have it far worse than nurses when it comes to the ratio between hours, responsibilities, salaries and skill level.

[NickCQ]

Siko said:

Clearly there’s some very well off folk frequent this forum. I earn in the region of £120k pa and we have a family income of around £165k or so.

Both of us work all hours and both fairly stressed a lot of the time although we both love our jobs and get decent downtime too, kids go to local state school, cheap holidays, one cheap car owned and one middle range lease. No big debts just a few small loans for phones and stuff, whopping mortgage and every penny we earn goes into the beautiful money pit that’s our house.

What's the point? Couldn't you achieve the same quality of life on lower salaries in less stressful jobs?
Is the house a labour of love or an expensive mistake?

[Siko]

NickCQ said:

Siko said:

Clearly there’s some very well off folk frequent this forum. I earn in the region of £120k pa and we have a family income of around £165k or so.

Both of us work all hours and both fairly stressed a lot of the time although we both love our jobs and get decent downtime too, kids go to local state school, cheap holidays, one cheap car owned and one middle range lease. No big debts just a few small loans for phones and stuff, whopping mortgage and every penny we earn goes into the beautiful money pit that’s our house.

What's the point? Couldn't you achieve the same quality of life on lower salaries in less stressful jobs?
Is the house a labour of love or an expensive mistake?

Dream house we’d always hankered for. No idea whether it was the right decision or not, spunking £20-30k pa on my old M3 and nice holidays was fun but not a great long term use of a good salary. Just to be clear I’m not moaning, we’re incredibly lucky just a different take on things

[Jiebo]

I’m London based, and would be very uncomfortable with below £100k.

I don’t have a family and this income just about affords me meagre accommodation, ISA allowance a year in savings, single decent holiday a year, a £15k car.

If I was born earlier and enjoyed lower house prices and massive windfall many have got from that, £60k would probably do it.

[h0b0]

Siko said:

Dream house we’d always hankered for. No idea whether it was the right decision or not, spunking £20-30k pa on my old M3 and nice holidays was fun but not a great long term use of a good salary. Just to be clear I’m not moaning, we’re incredibly lucky just a different take on things

You have my dream job. I’m aware that the job may not live up to my dream but when I spoke to a helicopter pilot in Hawaii that, incidentally drove an M3, I asked him what he did on his days off. He said “come here and fly my helicopter”.

[Siko]

h0b0 said:

You have my dream job. I’m aware that the job may not live up to my dream but when I spoke to a helicopter pilot in Hawaii that, incidentally drove an M3, I asked him what he did on his days off. He said “come here and fly my helicopter”.

Thanks and as I said I’m I’m incredibly lucky, but have many friends and colleagues no longer with us from said dream job. I love it though and wouldn’t do much else...especially for the salary. A good salary imho is £30k and everything else is just a better car or house. I guess that’s the point I was trying to make (badly) was that the more you earn, the more you spend and there is definitely a law of diminishing returns when it comes to salary and lifestyle

Cheers and all the best!

[GT03ROB]

Jiebo said:

I’m London based, and would be very uncomfortable with below £100k.

I don’t have a family and this income just about affords me meagre accommodation, ISA allowance a year in savings, single decent holiday a year, a £15k car.

If I was born earlier and enjoyed lower house prices and massive windfall many have got from that, £60k would probably do it.

I'm not sure what windfall that would be. I certainly haven't seen one.

100k a year as a single person even in London is pretty comfortable even with a big mortgage. This is shown by you putting 20k a year into savings still