Curse of the comfortable job
Discussion
I've always taken the hard route. Worked in consulting firms, including Big 4 and now have taken on a roll for less cash because of the challenge.
I need to constantly develop and push myself mentally to be interested. It also means I feel I can handle all situations in life much better and am better able to guide and advise my kids.
The money is not the main thing though I know I could earn double elsewhere right now.
I need to constantly develop and push myself mentally to be interested. It also means I feel I can handle all situations in life much better and am better able to guide and advise my kids.
The money is not the main thing though I know I could earn double elsewhere right now.
There does seem to be a small proportion of people who are paid vastly more than most, despite not being senior mamagers/directors in large companies or technical specialists like surgeons or some barristers with specialist knowledge putting in the hours.
I'm intrigued by a support function that pays £150K but doesn't require much work.
Despite what ClaphamGT3 says, out in the provinces, and probably even in London, that is a very good wage, even if it isn't mega oligarch money.
Fwiw, I had a job that paid around half that, (in the provinces) but was soul-destroyingly terrible, pointless in reality, and the company very badly managed. Throughout lockdown WFH, two hours useful work per day was probably about it. Post lockdown, it wasn't much better, non-work that went nowhere and no camaraderie.
I don't have expensive tastes, my wife works, I didn't have debts, I cleared the mortgage very early and left my job.
6 months later I started a lower paid job which is far better and in a far better environment.
Ps. Having a big/posh house isn't all that.
Once you have enough living space, bedrooms for everybody big enough to swing a decent sized cat in, a garage/hobby room and a garden it's just more for the sake of more
Very expensive modern cars are a bit "meh" now too. They don't offer much/anything over a cheaper one.
It's what you do, not what you have, that counts.
I'm intrigued by a support function that pays £150K but doesn't require much work.
Despite what ClaphamGT3 says, out in the provinces, and probably even in London, that is a very good wage, even if it isn't mega oligarch money.
Fwiw, I had a job that paid around half that, (in the provinces) but was soul-destroyingly terrible, pointless in reality, and the company very badly managed. Throughout lockdown WFH, two hours useful work per day was probably about it. Post lockdown, it wasn't much better, non-work that went nowhere and no camaraderie.
I don't have expensive tastes, my wife works, I didn't have debts, I cleared the mortgage very early and left my job.
6 months later I started a lower paid job which is far better and in a far better environment.
Ps. Having a big/posh house isn't all that.
Once you have enough living space, bedrooms for everybody big enough to swing a decent sized cat in, a garage/hobby room and a garden it's just more for the sake of more
Very expensive modern cars are a bit "meh" now too. They don't offer much/anything over a cheaper one.
It's what you do, not what you have, that counts.
Woodrow Wilson said:
I'm intrigued by a support function that pays £150K but doesn't require much work.
Remember “not much work” is the OP’s definition. It could be, and likely is given their salary, that they’re extremely good at what they do. Not much work for them, could be very hard work for someone else. Building on what someone else posted using the analogy of knowing where to apply a hammer… if the OP is supporting business functions that generate huge amounts of money, where downtime cannot be tolerated, they’re going to earn a substantial amount because of the responsibility and requirement to get those systems back online extremely quickly if there’s a problem.
And finally, rich companies can afford to pay big wages.
jm8403 said:
Indeed - I happen to know quite a lot of people who earn say 80-160k with no direct reports and often not more than 20hrs work a week. I realise it's not normal but this is not in London and I can assure you, it does exist.
What line of work?£80K is not too unusual for a fairly senior engineer or an engineering manager , but is only half of 160K
911Spanker said:
£100k+ is "balls on the line" levels IMO. No hiding if things go wrong.
Agree with that. As I said above there are days where I don't have much to do at all and sometimes that can go on for a while. But when it all goes south its on me to make sure its sorted and it goes really bad then I'll be taking the blame and looking for a new job. Scabutz said:
911Spanker said:
£100k+ is "balls on the line" levels IMO. No hiding if things go wrong.
Agree with that. As I said above there are days where I don't have much to do at all and sometimes that can go on for a while. But when it all goes south its on me to make sure its sorted and it goes really bad then I'll be taking the blame and looking for a new job. Yes true there can be lower level highly specialised jobs that breach that pay grade and don't hold that responsibility. I was speaking from my experience where I feel like it could go south rather quick
Plenty of financial places pay software engineers similar money to what I get as VP of Engineering.
Plenty of financial places pay software engineers similar money to what I get as VP of Engineering.
Scabutz said:
Yes true there can be lower level highly specialised jobs that breach that pay grade and don't hold that responsibility. I was speaking from my experience where I feel like it could go south rather quick
Plenty of financial places pay software engineers similar money to what I get as VP of Engineering.
DB pay PhD coders 80k base at 22 year old before bonus.Plenty of financial places pay software engineers similar money to what I get as VP of Engineering.
jm8403 said:
Is that more or less than the sales team? 
what do you sell out of interest?
Cloud based data management type stuff. what do you sell out of interest?I’d say they probably outperform the bottom performers. Top sales guys all on considerably more, but they are often in US as deals are typically just bigger. Goldman is a customer for example, considerably larger than selling to NatWest.
911Spanker said:
I've always taken the hard route. Worked in consulting firms, including Big 4 and now have taken on a roll for less cash because of the challenge.
I need to constantly develop and push myself mentally to be interested. It also means I feel I can handle all situations in life much better and am better able to guide and advise my kids.
The money is not the main thing though I know I could earn double elsewhere right now.
Was it a cheese roll?I need to constantly develop and push myself mentally to be interested. It also means I feel I can handle all situations in life much better and am better able to guide and advise my kids.
The money is not the main thing though I know I could earn double elsewhere right now.
okgo said:
Cloud based data management type stuff.
I’d say they probably outperform the bottom performers. Top sales guys all on considerably more, but they are often in US as deals are typically just bigger. Goldman is a customer for example, considerably larger than selling to NatWest.
Interesting, I guess it's quite a small world and hard to get in with so many people that would want to do it / earn that.I’d say they probably outperform the bottom performers. Top sales guys all on considerably more, but they are often in US as deals are typically just bigger. Goldman is a customer for example, considerably larger than selling to NatWest.
I left my boring job dead end but well paid job to start my own business, sometimes I regret it as I miss the mundane life with a guaranteed pay and stability, I’ve even come close to closing the business and going back to employment on many occasions, so to be honest I’m still 50-50 on wether it was the right choice
jm8403 said:
Interesting, I guess it's quite a small world and hard to get in with so many people that would want to do it / earn that.
It’s a turbulent world but not small really. Adobe/salesforce/AWS/SAP probably employ a towns worth of people just in the UK - then there’s 3000 more smaller firms out there. It’s quite a big industry these days. I think the average salary in our company is near $100k over 8000 people. okgo said:
Depends on the company and sector. I’d be amazed if anyone of our sales engineering team earned less than £175-200k a year all in. And they are still ‘support’ to me in the sales team.
Ours can comfortably do that , but their earning is linked to the performance of them and the rep. They tend to be on a 70 / 30 split. I’d imagine yours have an OTE lower than than ( I could phone a friend ..) but can overachieve My SE could do his number this year without speaking to the client
No one at AWS is doing well at the moment as a big chunk of their package is linked to the share price.
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