Caporegime
The explosion of DnD has to be because of Stranger Things.
What is a good salary in UK at present?
- Thread starter aspiring
- Start date
The explosion of DnD has to be because of Stranger Things.
Agreed. I think so too. At least partly. Many people wouldn't have even known what is about. But there has (in general) been an explosion of geeky hobbies becoming more.. Mainstream.
I'm only looked at as a freak half the time now when say "I play dnd"
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Not dissimilar to people taking an interest in Chess with Queen's Gambit. Maybe Netflix is just a conspiracy to normalise nerdy hobbies?
I for one literally cannot wait for the OcUK forum drama adaptation featuring Gillian Anderson.
I for one literally cannot wait for the OcUK forum drama adaptation featuring Gillian Anderson.
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How does your pay compare with other jobs?
Use our interactive lookup tool to find out how pay has changed in your job.
www.bbc.co.uk
The average salaries quoted in this article (table) seem rather low
Soldato
How does your pay compare with other jobs?
Use our interactive lookup tool to find out how pay has changed in your job.www.bbc.co.uk
The average salaries quoted in this article (table) seem rather low
Low why?
Are you considering looking outside of London or are you basing your opinion on London as well?
Do you have a couple of examples from their table that you consider low?
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Soldato
I think it’s more that the jobs are a bit broad. A software developer for example doing what? Some web development vs AI, there’s a huge difference in pay. Also it likely covers only base pay and not total compensation.How does your pay compare with other jobs?
Use our interactive lookup tool to find out how pay has changed in your job.www.bbc.co.uk
The average salaries quoted in this article (table) seem rather low
Associate
- Joined
- 19 May 2005
- Posts
- 862
Surely the answer here is very much in the eye of the beholder. Earning a good wage for one person with one set of circumstances is different to another. Especially when the likes of London costs so much. Plus you have age. id like to see a poll on the thread and maybe do it by region.
Soldato
TLDR: Work out what a jobs real salary is, it's benefits and negatives not just the number on your montly wage slip and is this "enough" to for you to do the job? if it's more than it's a good salary.
But simply answer the OP's question, find everyone in the UK with exactly with the same daily tasks, benefits and opportunities and get paid more than all of them.
What is a good uk salary is like asking what is the meaning of life, it's different for each person.
As covered by prevous people, it very much depends on what part of the country you are living in, your age, your skills and experience and unfortunately your gendar.
None of which the OP has disclosed even when people have asked.
The OP calls themselves "aspiring"
"directing one's hopes or ambitions towards becoming a specified type of person."
But what is are their inspirations in regards of money (which is what this thread is bascially about).
For myself, my inspiration is to not have to work for a living. I need to discover what amount of pay is "enough" for myself and then try to reduce that amount to make it more achievable sooner while developing so called "passive" income streams to cover that amount so I don't have to work. Hopefully I can do this before the date that the government has set for my retirement and still be healthy in body and mind to enjoy it.
What the most salaries doesn't cover are unmeasurable negatives and positives in working for a certain posistion for a company like;
But let's take two examples;
Person 1, single mother, 23+ aged working for the public selector as a cleaner on mininal wage.
Hourly rate: £10.42, Works 37 hours a week, 2 weeks paid holiday plus bank holidays. Gross Salary per year: £20,000.08
The office is 30 mins walk down the road, so transport is £0 but this adds an extra 1 hour per work day.
She drops are kids off at school before work and picks them up, Child care is £0.
Uniform is supplied to her, thou she has to clean it herself, tax rebated (£60 ppm) is cost is £0.
Food at work wise, she has a sandwich and a can of coke for £5 per day.
She spends an additional 1 hour per day afer work thinking about work.
So total work time:
Days per year (365) minus holiday (10) minus bank holidays (8) = 347 days.
Cost of working per day= £5, £1735 per year
Working contracted hours per day 7.4 hours + 1 hour transport + 1 hour think time = 9.4 hours
So her actual salary is:
Gross (£20,000.08) minus cost of working (£1735) = £18265.08
18265.08 / (days worked (347) x hours worked (9.4)) = £5.59 per hour.
Person 2, single father, age not importanted as he works as a office manager on the avg according to the BBC £35,000
Hourly rate: 11.98, works 40 hours per week, 2 weeks paid holiday but no paid bank holidays.
The office is 1 hour on a bus, so it adds £5 pounds per work day and an additional 2 hours per work day. Let's not cover that he has to make up the time if he is late because of the bus.
He can't can't drop the kids off nor pick them up at school, so he pays a teenage child minder £10 per work day to do it and take care of them until he is home.
He has to pay for his uniform, can't be looking like a scub because he's the boss, so that's an avg extra £15 pounds per week, washing is tax rebated.
Food wise, say he does the same sandwich and a can of coke but it costs him £6 pounds per day as he's in a city centre.
He spends an additional 2 hours per day thinking about work, as in is view he has much more to think about as he's a manager.
So total work time:
Days per year (365) minus holiday (10) = 355 days
cost of working per day = Transport (£5) + Child care (£10) + Food (£6) + Clothing (£15/5 = £3) = £24, £8520 per year
Working contracted hours per day 8 + 2 hr transport + 2 hours thinking time = 12 hours.
So his actual salary is:
Gross (£35,000) minus cost of working (£8520) = £26480
£26480 / (days worked (355) x hours worked (12)) = £6.21 per hour.
Who would you rather be, person 1 or person 2 for an extra £0.62 per hour?
This is before you bring in additional financial factors like taxes, social benefits, cost of shelter, cost of own transport etc... let alone mentioning cost impact to life itself.
But simply answer the OP's question, find everyone in the UK with exactly with the same daily tasks, benefits and opportunities and get paid more than all of them.
What is a good uk salary is like asking what is the meaning of life, it's different for each person.
As covered by prevous people, it very much depends on what part of the country you are living in, your age, your skills and experience and unfortunately your gendar.
None of which the OP has disclosed even when people have asked.
The OP calls themselves "aspiring"
"directing one's hopes or ambitions towards becoming a specified type of person."
But what is are their inspirations in regards of money (which is what this thread is bascially about).
- Is it to be the richest person in the world? Currenlty Elon Musk who is rich on paper due to ownership of shares in companies, which I believe to highly inflated.
- Is it to be their own boss? being your own boss doesn't guarantee to make you rich. The more advance an countries economy is the less self-employed "I'm my own boss", people there are. Simplying being an employee pays and has benefits that outweigh the benefits of being your own boss.
- Is it to be well paid in your choosen career or be paid more than other's in the same career? Then swap jobs every 1-3 years to negonate a higher payrise than you would get from the annual payrises. If you not choosen a career yet, then don't expect the average salary until you have gain the experince of others in the same career.
For myself, my inspiration is to not have to work for a living. I need to discover what amount of pay is "enough" for myself and then try to reduce that amount to make it more achievable sooner while developing so called "passive" income streams to cover that amount so I don't have to work. Hopefully I can do this before the date that the government has set for my retirement and still be healthy in body and mind to enjoy it.
What the most salaries doesn't cover are unmeasurable negatives and positives in working for a certain posistion for a company like;
- Penisons and other benefits (Total salary package); How much is the company willing to put into your penision for free? how much are they willing to match for penisons? Do they give you additional health care? Can you work for home? Onsite childcare? Paid sick days? How much are those benefits worth to you personally?
- Training, experince and development, will the job add to your CV? will they give you training? how often are you allowed to experince different tasks? is there positions that you can apply for?
- Does the company you are working align with your morale and ethical believes? How much extra does a company have to pay for you to sell your soul?
- How is your boss and your colleagues? are they nice or are they all ****heads? Does your boss jump on you when you take an extra 5 mins for a break? make you work the hours that you are late? get you to do the unflavourable tasks? What does it take for you to have to put up with them?
- Job security? is it a job for life... well guarantee, or are you hoping from one contract to another another, do you spend your "free" time worring if the company you work for will go under or you will get the sack?
- Scope of role and role/responsibility creep, you can be employed as the same role as another person in the same company and do entirely things on day to day bases let alone someone else with the same job title in the same country.
- Do you actually enjoy doing what you are doing for a living? Are you spending your free time drinking yourself silly to forget about your job?
But let's take two examples;
Person 1, single mother, 23+ aged working for the public selector as a cleaner on mininal wage.
Hourly rate: £10.42, Works 37 hours a week, 2 weeks paid holiday plus bank holidays. Gross Salary per year: £20,000.08
The office is 30 mins walk down the road, so transport is £0 but this adds an extra 1 hour per work day.
She drops are kids off at school before work and picks them up, Child care is £0.
Uniform is supplied to her, thou she has to clean it herself, tax rebated (£60 ppm) is cost is £0.
Food at work wise, she has a sandwich and a can of coke for £5 per day.
She spends an additional 1 hour per day afer work thinking about work.
So total work time:
Days per year (365) minus holiday (10) minus bank holidays (8) = 347 days.
Cost of working per day= £5, £1735 per year
Working contracted hours per day 7.4 hours + 1 hour transport + 1 hour think time = 9.4 hours
So her actual salary is:
Gross (£20,000.08) minus cost of working (£1735) = £18265.08
18265.08 / (days worked (347) x hours worked (9.4)) = £5.59 per hour.
Person 2, single father, age not importanted as he works as a office manager on the avg according to the BBC £35,000
Hourly rate: 11.98, works 40 hours per week, 2 weeks paid holiday but no paid bank holidays.
The office is 1 hour on a bus, so it adds £5 pounds per work day and an additional 2 hours per work day. Let's not cover that he has to make up the time if he is late because of the bus.
He can't can't drop the kids off nor pick them up at school, so he pays a teenage child minder £10 per work day to do it and take care of them until he is home.
He has to pay for his uniform, can't be looking like a scub because he's the boss, so that's an avg extra £15 pounds per week, washing is tax rebated.
Food wise, say he does the same sandwich and a can of coke but it costs him £6 pounds per day as he's in a city centre.
He spends an additional 2 hours per day thinking about work, as in is view he has much more to think about as he's a manager.
So total work time:
Days per year (365) minus holiday (10) = 355 days
cost of working per day = Transport (£5) + Child care (£10) + Food (£6) + Clothing (£15/5 = £3) = £24, £8520 per year
Working contracted hours per day 8 + 2 hr transport + 2 hours thinking time = 12 hours.
So his actual salary is:
Gross (£35,000) minus cost of working (£8520) = £26480
£26480 / (days worked (355) x hours worked (12)) = £6.21 per hour.
Who would you rather be, person 1 or person 2 for an extra £0.62 per hour?
This is before you bring in additional financial factors like taxes, social benefits, cost of shelter, cost of own transport etc... let alone mentioning cost impact to life itself.
She's still got it!
THey seem extremely low
Commissario
Both examples you give have working hours that are against the law.
Man of Honour
8 hours and 7.4 hours, neither of those are against the law.
AgreeHow does your pay compare with other jobs?
Use our interactive lookup tool to find out how pay has changed in your job.www.bbc.co.uk
The average salaries quoted in this article (table) seem rather low
can‘t see how people can afford 600k to buy a house on a lot of them salaries
Caporegime
I think what he is trying to say is the cost of going to a job and the area you live in can skew results quite big.
My job for example is a 6 mile commute each way. I have seen better paid jobs further away but when you factor in the increased fuel cost and the longer time away from home that it doesn't work out great. I could be spending an extra £500 a year in fuel and also be away from home an extra 40 minutes a day or an extra 90 hours a year. Which would be the equivalent of around 2.5k in my "time".
If you are doing a job that is 10 hours long but takes ten minutes to get home or an 8 hour job but has a 1 hour 5 minute commute each way you are essentially getting paid the same for your hours away from home.
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Commissario
Look at the holiday allowances.
One only gets ten days, the other gets ten days plus bank holidays.
The main people who can are existing homeowners with a lot of equity or they’ve had family help. Someone (or even a couple) starting out now has no chance.
Soldato
Your maths is out because in the uk the minimum is 20days(4 weeks) paid holiday per year plus 8 paid bank holidays
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Associate
Holidays are below statutory minimum. You are required to give employees 5.6 weeks holiday. In the case of standard office hours this equates to 5.6 * 5 days = 28days holiday. Hence the 20 days + 8 bank holiday. For example, someone working a 4 day week would be required 22.4 including bank holidays.
Why in "total work time" are they working every single day of the year, you have stated they work 8 hours per day (or round abouts) with 40 hours per week. You should be starting that at 260 days not 365, and both should have 28 days off minimum given they work 5 days weeks according to the numbers you've set out..
According to your calcs, your mother would be making £8.64 an hour and your manager would be on £10.57 an hour. Thats an uplift of 22.3% which isn't insignificant.
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Your maths here is... an indictment of our education system.
10.42 @ 37h/week is £20,048.08, not £20,008.
35,000 a year @ 40h a week is £16.83 an hour, not £11.98.
£24 a day, for 5 days a week is £6,240 not £8520.
£5 a day for 5 days a week is £1,300, not £1,735.
You don't work 347 or 355 days in your examples. (5*52) - 28 is 232.
Everyone gets 28 days paid holiday if they work full time.
You can't. A couple, both on an average salary (£35k) would need a 285k down payment to stand a chance of getting a mortgage on £600,000.
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Need to get my head out of the gutter