That old chesnut of the FTB house

Mr_Matey

All this accountant talk is making me sleepy...

Really2

Mr_Matey wrote: »

All this accountant talk is making me sleepy...

Why do you think I don't practice it.

Double entry meant something very different to me.

Cleaver

edgex wrote: »

i had the salary scales recently
AAT stage 3 isnt £26k

currently on Reed in Birmingham:
(ACA/CIMA/ACCA) Management Accountant £25k
AAT Qualified Asst Management Accnt £18k

That isn't a salary scale, it's something on Reed's website.

Here's a random salary checker for a Qualified CIMA Accountant in the North West of England (linky link). The average salary it comes out with is just shy of £40k, which probably sounds about right to me.

Or here is a table of CIMA newly-qualified (not average, newly qualified) CIMA accountants:

http://salarysurvey.hays.com/salary-survey/19/1/21/128/

Nothing anywhere near £20k, and these are newly-qualified.

Sorry to be a pedant, but there seems to be a real lack of awareness by quite a few people on this board as to what people in the real world earn. I understand that the average is a complex beast and there are plenty of people earning £12k in a variety of jobs. But trying to maintained that a qualified accountant earns around £20k as a norm is just not right.

Graham_Devon

Thats a very pretty post cleaver.

Or it was!

Cleaver

Thanks Graham. I love you too.

edgex

Cleaver wrote: »

That isn't a salary scale, it's something on Reed's website.

Here's a random salary checker for a Qualified CIMA Accountant in the North West of England (linky link). The average salary it comes out with is just shy of £40k, which probably sounds about right to me.

Or here is a table of CIMA newly-qualified (not average, newly qualified) CIMA accountants:

http://salarysurvey.hays.com/salary-survey/19/1/21/128/

Nothing anywhere near £20k, and these are newly-qualified.

Sorry to be a pedant, but there seems to be a real lack of awareness by quite a few people on this board as to what people in the real world earn. I understand that the average is a complex beast and there are plenty of people earning £12k in a variety of jobs. But trying to maintained that a qualified accountant earns around £20k as a norm is just not right.

but the point was that property 'values' had been based on everyone in the market earning at least £25k.
there is simply no way that that is the case.

a property market cant be based on people not entering till their 35(?) & all working in the professions.
theres loads of people that graduate & dont have to get any more qualifications for their particular industry



the problem with the salary scales is:
a couple of high salaries will skew the results
what are they actually based on? advertised salaries or actual given salaries?
most jobs end up with a range advertised, what figure are they using when inputting them into the scale, if they are using advertised salaries?

Really2

Don't really see your point clearly. But nearly a decade ago I was earning £30K and I only had GCSE qualifications. I now earn more than that and I am slightly more qualified.

It is pointless making out people do not earn a good wage, because they do.

I can say hand on heart all of my close friends earn over £35K some earn way over £100K.

Non of us are over 40 or highly qualified (anything over BA)

Non of us live in the SE either.

Pete111

Really2 wrote: »

Don't really see your point clearly. But nearly a decade ago I was earning £30K and I only had GCSE qualifications. I now earn more than that and I am slightly more qualified.

It is pointless making out people do not earn a good wage, because they do.

I can say hand on heart all of my close friends earn over £35K some earn way over £100K.

Non of us are over 40 or highly qualified (anything over BA)

Non of us live in the SE either.

+ 1

Taking my circle of friends as a useful group in this context (all early 30's who have mostly bought in the last 5 years) I would be surprised if any earn much less than 30k. They range in profession from Teachers & Nurses to Accountants & Lawyers and I know for a fact that the Nurse is on more than 30k (she is a practice nurse at a GP's surgery - they are paid ok)

I would conservatively estimate the average joint income of the group is upwards of 75k but on the flip side they are mostly based in London.

Oh, and the reason London the SE 'skew the figures' is that vast amounts of people work and live there compared to the rest of the UK!!

...Perhaps it could be argued that swathes of the NE 'skew' the unemployment stats?!

P

Cleaver

edgex wrote: »

but the point was that property 'values' had been based on everyone in the market earning at least £25k.
there is simply no way that that is the case.

No, not everyone entering the market. An average person earns about £25k, and all the stats pointed to that. Sorry, this whole discussion started because you said:

edgex wrote: »

£25k is realistically nowhere near what most people earn
you can get qualified accountants for £20k!

Statistically and realistically speaking, neither of these comments are true. That's all I was pointing out.

IveSeenTheLight

PasturesNew wrote: »

£37k for a single person is hard to earn though

According to the Office of National Statistics, 30% of full time male workers earn this or more

http://www.statistics.gov.uk/downloads/theme_labour/ASHE_2008/2008_all_employees.pdf