Young High Earners

leeds_lad_3

bristol_pilot wrote: »

How will finding out what people on the internet earn, help you find out if you could earn more? Premiership footballers earn £100k a week, but if you can't play footie to that standard, that will not help you. No wonder people think that self-congratulation is the real purpose of your post. And 27 is too old to be calling yourself a 'lad'.

Sorry can't change it now - I liked the alliteration. Fortunately I don't call myself a lad in the real world!

An extreme example there. I was more after examples such as do people in HR/marketing/Sales/finance etc earn more/less than other industries. Or do people who've done a PhD get more, or could I have people reporting in to me by now and earn more.

Not ridiculous questions? And if you're not willing to discuss the original point, not sure why you're bothering to post?

Reds-on-Sea wrote: »

I think Leeds_lad's question is fairly relevant. I'm surprised at peoples' reactions.

I suppose I've always felt that the "Earn your age" was a good marker for me, i.e £30k at age 30 etc...I'm 30 next month so fingers crossed.
potential.

I'm also quite suprised - there's been a few good answers - thanks.
I've also used the earn your age in the past - would be nice to be on £65k as you retire. Luckily I've managed to get ahead of the curve - good luck to you too. I guess I was interested to see if people have managed to do it even quicker - sorry if this somehow offends people.

leeds_lad_3

pinkshoes wrote: »

Because he wants to succeed so gives it 110%, and is a very dedicated person. Probably part of his personality, he just gets so absorbed in things.

(it's not why we broke up, annoying as it was, but I actually admired him for his ambition and dedication!)

I'm not surprised he's paid so much, as his boss would be very hard pushed to find someone as dedicated as he is.

Thanks for that - by dedicated do you mean working well outside Mon-Fri 9-5, or just being very commited when he was there? What kind of industry was he in.

Debt_Free_Dreamer

I don't think pay is anything to do with age. It depends on demand and how volotile the work is (as pointed out previously).

I work in a local authority and earn £35K, pretty stable and risk free job. (in terms of being jobless at some point)

I could get the same job tomorrow in a private consulting firm tomorrow for around £50 - £70K and then be made redundant next month. Not worth the risk.

Alternatively I could go contracting and earn upto £450 per day. Thats around £117,000. Was recently asked to go for a job doing just that. But to me that would be really really risky...

I love my risk free job and put up with what I consider low pay compared to market forces, but what others would consider a very good salary. If you really want to know what jobs pay, there are loads of web sites showing the market forces for jobs. However in todays climate I would take it with a pinch of salt, most people are having to take pay cuts in order to keep their job.

Reds-on-Sea

I'd consider changing career if I thought I could earn considerably more doing something else. That said, obviously there are some sacrifices I wouldn't make.

I wouldn't want to work ridiculously long hours, or have to be away from home for long periods of time, I wouldn't do anything that was extremely stressful or would make me unhappy.

I'm "between jobs" (haha) at the moment, but have a few potential jobs on the horizon. I've always enjoyed what I did, and earned less, but always thought that I wouldn't mind doing something I enjoy slightly less, and earning more.

I guess I am financially motivated. It doesn't make me a bad person!

pinkshoes

leeds_lad wrote: »

Thanks for that - by dedicated do you mean working well outside Mon-Fri 9-5, or just being very commited when he was there? What kind of industry was he in.

He works in IT...

8.30-5 were the contracted hours, but the realistic hours were 8.30 - 7pm, then probably another couple of hours in the evening, the phone calls up to about midnight, with the odd call at 4am!!

In theory he could say no, or ask for overtime, but in practice he just gets on with it, which is probably what got him the big pay rises when he asked for them.

I'm sure he'll have enough of it one day though...

jdturk

Dammit, just wrote a whole new reply and my internet messed up.

Your question has some relevance in it but could have been worded better to start with.

I just get the feeling with you that you'll never be satisfied with what you earn and there is a differance between succesful business people and people who like lots of money.

The people at the top of the game are there because of the love of their job, their enterprise etc the money is just a bonus

My question to you is, 'how much money is enough for you?' I get the feeling that you would be asking the same question whether you earn 50k, 100k or 1 million quid a year.

Maybe the question should be, are you in the job you dreamt of rather than a job earning you decent money and maybe you should be looking at how to get to your dream job if you are not already in it?

Badger_Lady

Well, I'm very lucky - always have been. I half-arsed my GCSEs, dropped out of school before A-levels and spent a good few years living alone and "discovering myself" - trying to find worthwhile things to do, like nursing / caring and helping with charities. I was even officially an artist for a short while, building sculptures and displaying them in galleries.

When I was finally forced to start earning properly (partner who couldn't work), I walked unqualified into a better job than anyone could imagine and have just flown from there. So now I'm 27, senior manager for an extremely well-known brand, earning £39k in a low-cost part of Britain. And my job is both easy and fun - I work flexi-time, enjoy my work, the people I spend my days with and the locations I work in.

And, by saving hard now (I've been paying off my mortgage for 6 years already), I'll be able to dedicate more time in future to what really matters. I don't intend to follow this career forever, and already I have a really fulfilling life vounteering for two different charities in my spare time, performing in amateur theatrics and travelling across Europe for music gigs / festivals with my annual leave. I'm very happy and appreciate every bit of it

Of course, the extreme end of this is my mate who coded an eCommerce site at 17 that made him a millionaire by the time he was 18. So now he's a rich, good-looking full-time fireman at 22! Yes, he's *surrounded* by hot chicks.

leeds_lad_3

Perhaps I didn't word the question very well in the first place - I wasn't quite expecting the reaction it caused though, so didn't consider it all that much before posting! I'm new, sure I'll learn! Also wasn't expecting all the posts from people who weren't actually answering the question - why waste their time?!

I'm not suggesting my wage isn't enough, it's probably a fair reflection of the effort I put in, the hours I do etc etc. I would be unsatisified though if people who put in the same effort (Mon-Fri, 9-5) and were of similar qualification (decent degree) were earning more. I'd like to know how they managed it. I thought it was a simple question!

jdturk

leeds_lad wrote: »

Perhaps I didn't word the question very well in the first place - I wasn't quite expecting the reaction it caused though, so didn't consider it all that much before posting! I'm new, sure I'll learn! Also wasn't expecting all the posts from people who weren't actually answering the question - why waste their time?!

I'm not suggesting my wage isn't enough, it's probably a fair reflection of the effort I put in, the hours I do etc etc. I would be unsatisified though if people who put in the same effort (Mon-Fri, 9-5) and were of similar qualification (decent degree) were earning more. I'd like to know how they managed it. I thought it was a simple question!

Because to put it bluntly, this is a forum and I have nothing else to do this afternoon bar be on here and watch the football.:D

My question is still valid, is it your dream job and would it be better looking back over your time at why you have not got your dream job and what you could have done better?

EDIT, should have read '...and what you could have done better to get your dream job'

leeds_lad_3

Well done Badger - so you're a brand manager?
I always suspected those guys were paid a fair bit. Good example of how my choice of industry (finance v marketing) has cost me - since people of a similar age are getting paid more for doing more fun work, with less qualifications. Not something I knew before for sure, but good to have it confirmed. Thanks