Best paid jobs UK 2023

dowie said:
Senior? That's entry-level/graduate pay at banks in London:
qd4dzEk.jpg


Directors can be into the several hundred k or millions and CFOs are almost certainly into the millions (or even tens of millions in a few cases at very large companies).
Click to expand...
I was referring to professional accountants not investment bankers, two completely different things.
 
dlockers said:
The job title is invented by the org. In India a lot of junior folk are called senior executives for example.
Click to expand...

I've worked for a company like this, when I first started there I was amazed to be surrounded by so many young directors and executives and all manner of fancy names, until one day I clocked that "Executive Director of International Business Development" was literally just a salesman for other countries.

Titles like that mean nothing nowadays, no substance at all
 
Diddums said:
I've worked for a company like this, when I first started there I was amazed to be surrounded by so many young directors and executives and all manner of fancy names, until one day I clocked that "Executive Director of International Business Development" was literally just a salesman for other countries.

Titles like that mean nothing nowadays, no substance at all
Click to expand...

I remember one of my uncles commenting on starting a job, in a company with major international business, as an actual senior manager and had people under him with all kinds of director and executive, etc. titles and found it quite confusing at first as it was hard to tell who was actually a director.
 
Last edited:
Diddums said:
I've worked for a company like this, when I first started there I was amazed to be surrounded by so many young directors and executives and all manner of fancy names, until one day I clocked that "Executive Director of International Business Development" was literally just a salesman for other countries.

Titles like that mean nothing nowadays, no substance at all
Click to expand...
I've worked at several companies where every other person was a Vice President and there were hundreds of "Directors". It was just ridiculous.
 
Does it really matter what the best paid jobs are in the uk?

For most of us who have built a career down a certain path, we won't be able to switch careers and expect to be on a similar salary... we will need to drop down the career ladder, build experience and reputation before earning someone similar.

It's not likey a doctor can quit their job and expect to be a pilot the next day, unless you're a con artist...

Also with every career there are some outlayers at both end of the payscale, if you're good enough and someone is willing to buy for your skills then that becomes your salary, I worked under a principal of a colleage in a poor region, who was paid 250k a year as the board believe that they was worth that salary. The top salaries in most career paths are the people managing either other people or systems/services and then the c-level decision makers.

I've been blessed by having worked with or meet some extraordinary people with lots of letters behind their names. One chap, who is the crown prince of a country, noble prize winner, knighted by the Queen and sits on the board of serval companys. The title he choosen to be address as is Professior rather than Sir or HRH as it means more to him than the others. I don' think he's worried about money when he can stay in 5 star hotels all across the world and the company hosting him is footing the bill.

If you're a young person at the start of your career, my advice is to pick something that you are good at and that you enjoy. Not the thing that you enjoy most, having to do it for a career just removes any joy and excitement from it, switching positions or company will re-light the flame for a period of time but for me the excitement soon disappears. so keep the thing that you enjoy the most as a hobby or something that you can switch to later in life.

There's loads of jobs in my selector (IT) that exists now that didn't exist when I was studying, and there's loads of jobs that did exist that hardly exists now or have completely disappeared. By aiming for a certain position or job title; you may become disappointed when that job no longer exists or the actual role/responsibilities of that position/title as changed so much from what it is now.

I went to school with this lad who sole purpose was to become rich, when asked what job he wanted, he just said "business man"... he went to college then uni... he's now working in Doha earning a very nice sum, but he didn't really care what he did as long as it made him rich, becoming rich is a career path.
 
One of my oldest friend, since we were kids is quite high up in his career. We catch up once a year roughly around Christmas or friend’s wedding and about 5 years ago I asked him what his job title was, “Are you a VP?” I said.

“Ray, I have Vice Presidents working for me.” It was when I realised VP means nothing at all.

His job title doesn’t have the word Director in it , just “Head of XYZ” Department, but is actually on the board.
 
Last edited:
Jae-So said:
It's a widely used title in banking as you need mid level managers to be able to sign off on deals etc.

Very different level to a VP in industry.
Click to expand...

The job tiltles Assistant Vice President (AVP), Vice President (VP) and President in the banking selector comes with legal responsibilities.
 
Raymond Lin said:
One of my oldest friend, since we were kids is quite high up in his career. We catch up once a year roughly around Christmas or friend’s wedding and about 5 years ago I asked him what his job title was, “Are you a VP?” I said.

“Ray, I have Vice Presidents working for me.” It was when I realised VP means nothing at all.

His job title doesn’t have the word Director in it , just “Head of XYZ” Department, but is actually on the board.
Click to expand...
Coincidentally head of in India is massively significant and normally quite senior.
 
Anything in IT within 150 miles of London was getting 50k a year ten years ago. I'm thinking the numbers are low.
 
Last edited:
drakioned said:
www.ft.com

EY partner pay in UK hits £803,000 as consultants drive profit boost

Accountancy firm moves to address near-stagnant salaries at entry level
www.ft.com www.ft.com

Think senior professional accountants probably make more than you think
Click to expand...
The 'Big 4' these days are classed as 'Professional Service Firms' rather then just auditors as they've traditionally been know for. For example the company I work for hired people from PWC to work as Pension Actuaries for 6 six months that allowed our existing staff to work on a separate project.
 
Diddums said:
I've worked for a company like this, when I first started there I was amazed to be surrounded by so many young directors and executives and all manner of fancy names, until one day I clocked that "Executive Director of International Business Development" was literally just a salesman for other countries.

Titles like that mean nothing nowadays, no substance at all
Click to expand...

Someone I know did the opposite. He wanted to hide the fact that he was a one-man outfit and so gave himself the title of Vice President on all of his business cards. :p
 
Scougar said:
Anything in IT within 150 miles of London was getting 50k a year ten years ago. I'm thinking the numbers are low.
Click to expand...
Anyone decently competent in IT at an engineering level in London should be on ~90-125k now without even having any direct reports.
 
Last edited:
Narj said:
Anyone decently competent in IT at an engineering level in London now should be on 90-125k now without even having any direct reports.
Click to expand...

That was probably the case before covid but not now.

I have seen London IT wages drop, put me off moving back to the UK if I decided to.
 
Last edited:
You must log in or register to reply here.
Back
Top Bottom