What is a good salary in UK at present?

[slinxy]

Look at the holiday allowances.

One only gets ten days, the other gets ten days plus bank holidays.

Your maths is out because in the uk the minimum is 20days(4 weeks) paid holiday per year plus 8 paid bank holidays

<snip>

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.

Your maths here is... an indictment of our education system.

<snip>

Everyone gets 28 days paid holiday if they work full time.

Thanks, I won't trying to excuses myself being in a rush for the error in my maths, as I didn't know there was an legal requirements for minimal days.

I have worked at place where they didn't include bank holidays so if you wanted a BH off, you had to take it from your allotted holidays, some places gives you the days off between Christmas and New Years as extra and some places don't.

But in general the point I was trying to make was that the total financial package for a job isn't just the take home figure at on the wage slip.

 

[Rai200]

I have worked at place where they didn't include bank holidays so if you wanted a BH off, you had to take it from your allotted holidays, some places gives you the days off between Christmas and New Years as extra and some places don't.

Yeah, but that doesn't change the fact you get 28 days of holiday, I generally work bank holidays due to what I do for work. But you're always allotted 28 days if you're full time.

It's 5.6 weeks' worth regardless, if you work 5 days a week it's 28 days (5*5.6)

If you work 3 days a week it's 16.8 days (3*5.6), which is still 5.6 weeks completely off from work.

 

[PishY]

£35k a year in the midlands seems to be a decent living wage, would t be enough in places like London with the higher costs of everything,

 

[theone8181]

I get what was meant. There's a guy I work with and he commutes from Leeds to Hull every day. He started on 40k, now is on 45k, I personally think he would have been better getting a lower paid job in Leeds and saving the time as its not something you can get back. As an aside, my commute is only 30 mins each way, but as my particular job can't be done remotely it's caused a massive divide at work (maybe 50% of the employees can work remotely) as the people who can work remotely have essentially got a massive payraise, and on top of that our bonus is affected by sick time and a few people say they're too sick to come I so are working from home instead (which has further passed people off).

 

[dlockers]

I get what was meant. There's a guy I work with and he commutes from Leeds to Hull every day. He started on 40k, now is on 45k, I personally think he would have been better getting a lower paid job in Leeds and saving the time as its not something you can get back. As an aside, my commute is only 30 mins each way, but as my particular job can't be done remotely it's caused a massive divide at work (maybe 50% of the employees can work remotely) as the people who can work remotely have essentially got a massive payraise, and on top of that our bonus is affected by sick time and a few people say they're too sick to come I so are working from home instead (which has further passed people off).

Depends on the leg up the job can offer you. I had an offer of a place 5miles away @ 14k or 50 miles away @ 14.5k. I took the latter and if I hadn't; I'd still have been churning away in the low 40s I reckon.

 

[theone8181]

Depends on the leg up the job can offer you. I had an offer of a place 5miles away @ 14k or 50 miles away @ 14.5k. I took the latter and if I hadn't; I'd still have been churning away in the low 40s I reckon.

So how much more do you earn now? My field (lasers/engineering) doesn't really give massive boosts like that, suspect software is one if the few that do. I give my time a value (of more that my normal wage) as its the thing that I have the least of due to having kids so it's a real premium.

 

[Richie]

So how much more do you earn now?

^^^ Actual @dlockers selfie ^^^^

 

[dlockers]

My field (lasers/engineering

^^^ Actual @dlockers selfie ^^^^

Can you attach them to the heads of sharks?

 

[adam cool dude]

Depends on the leg up the job can offer you. I had an offer of a place 5miles away @ 14k or 50 miles away @ 14.5k. I took the latter and if I hadn't; I'd still have been churning away in the low 40s I reckon.

Everything is subjective though. If a job paid a lot more and I could relocate to that place at a later date and have the same lifestyle as I currently have then it is a no brainer. If it pays more but also costs me significantly more or I have to downgrade on house size then I will simply not bother.

There are Lorry jobs being advertised mid 20's an hour and mid 30's an hour on overtime currently in Erith for example but when I need an extra 300-400k minimum for the same house in a far busier and more dodgy area. It just doesn't make sense. Even though my salary would take an upturn at around 20k it would all get eaten up in mortgage costs and then I have to deal with ULEZ and all that rubbish.

 

[theone8181]

Can you attach them to the heads of sharks?

Beat I can do is ill tempered sea bass .

 

[dlockers]

Everything is subjective though. If a job paid a lot more and I could relocate to that place at a later date and have the same lifestyle as I currently have then it is a no brainer. If it pays more but also costs me significantly more or I have to downgrade on house size then I will simply not bother.

There are Lorry jobs being advertised mid 20's an hour and mid 30's an hour on overtime currently in Erith for example but when I need an extra 300-400k minimum for the same house in a far busier and more dodgy area. It just doesn't make sense. Even though my salary would take an upturn at around 20k it would all get eaten up in mortgage costs and then I have to deal with ULEZ and all that rubbish.

Oh yeah for sure. You need to calculate your potential and aspirations etc. I think schools have a lot to answer for, especially in deprived areas. You are taught to get a job/apprenticeship and serve others. You aren't actually educated in opportunity, potential, leadership etc.

I was just dumb enough to not understand why I couldn't make mega bucks. Anyone with half a brain at my school (i.e. way smarter than me) got lectured on being a good employee.

My plan is to rinse my self until my girl is old enough then buy in a low cost of living area. Bank the profit. A lot of folk seemingly want to live in the same postcode as their parents

 

[jeffk]

Oh yeah for sure. You need to calculate your potential and aspirations etc. I think schools have a lot to answer for, especially in deprived areas. You are taught to get a job/apprenticeship and serve others. You aren't actually educated in opportunity, potential, leadership etc.

I couldn’t agree more with this. I look at my friends who went to public school and there’s a noticeable difference in their confidence and attitude to risk. That’s worth more in life than getting into a top university.

 

[413x]

Everything is subjective though. If a job paid a lot more and I could relocate to that place at a later date and have the same lifestyle as I currently have then it is a no brainer. If it pays more but also costs me significantly more or I have to downgrade on house size then I will simply not bother.

There are Lorry jobs being advertised mid 20's an hour and mid 30's an hour on overtime currently in Erith for example but when I need an extra 300-400k minimum for the same house in a far busier and more dodgy area. It just doesn't make sense. Even though my salary would take an upturn at around 20k it would all get eaten up in mortgage costs and then I have to deal with ULEZ and all that rubbish.

Yeah. Same.
I prefer to have a slightly repressed salary and live anywhere (WFH) than have 20k more and work in the London belt.

The sheer flexibility of full time WFH is worth sacrificing some extra pounds in pay at end of the month



The main obvious compromise comes with now vs later. And how much individuals want to live for the moment vs plan for later.

Live in London with a big salary but big mortgage with the plan later to downsize.

Or live somewhere where you don't need that high flyer job. But potentially have a worse retirement

 

[malachi]

Oh yeah for sure. You need to calculate your potential and aspirations etc. I think schools have a lot to answer for, especially in deprived areas. You are taught to get a job/apprenticeship and serve others. You aren't actually educated in opportunity, potential, leadership etc.

In my school you was taught how to pass exams. Didnt do me any good

 

[EvilRob]

Oh yeah for sure. You need to calculate your potential and aspirations etc. I think schools have a lot to answer for, especially in deprived areas. You are taught to get a job/apprenticeship and serve others. You aren't actually educated in opportunity, potential, leadership etc.

Bring back grammar schools.

 

[413x]

In my school you was taught how to pass exams. Didnt do me any good

Same. Imo, school isn't fit for purpose. You spend so many years there. It's incredibly inefficient

 

[a1ex2001]

Bring back grammar schools.

Grammar schools fix nothing they just in grain social disadvantage, this issue is investing sufficiently in education to give everyone the best chance of achieving their potential and helping people find opportunities in life.

On the good Salary question I just can't decide, I would say I'm on a good salary and that my total household income is also good but I sure as hell don't feel well off (even though I must be) and I look around at everyone driving flash cars and staring at £1500 mobile phones and wander how they can afford them.

 

[dlockers]

Yeah. Same.
I prefer to have a slightly repressed salary and live anywhere (WFH) than have 20k more and work in the London belt.

It depends on whether you are at the "maintain" point of your life or the growth part. I feel too many people cross at life have aspired to be in "maintain" prematurely. A lot of full time WFH'ers are at risk of accepting "maintain" prematurely, without proper thought. Obviously job dependent, but as they say "showing up is step 1".

 

[Nitefly]

I went from full time in the office, to once a week in the office, to full time work at home.

Don’t ever make me go back!!! Commuting is a total waste of time. I’d rather exercise or relax. It’s a heck of a perk. The downside is that your world becomes very small, making you comparatively isolated and potentially lazy.

 

[Rai200]

I went from full time in the office, to once a week in the office, to full time work at home.

Don’t ever make me go back!!! Commuting is a total waste of time. I’d rather exercise or relax. It’s a heck of a perk. The downside is that your world becomes very small, making you comparatively isolated and potentially lazy.

You also have a lot more time to socialise outside of work, if you want to.

You can wake up an hour later, go to bed later, don't have an hour commute to get home, shower, change etc. You can just go somewhere as soon as work ends and have 6-8 hours free.

I often find I spend more time with work colleagues than anyone else, especially in the job I do; it's great if you like them (which right now I do), but if you don't that in itself is draining.