The rental market

PasturesNew

olly300 wrote: »

However if you are stating that most of the people on median salaries in your area either work in the public sector or have a small business then it makes sense.

Yes. Pretty much.

PasturesNew

I'd just like to say: rents are still too high/unaffordable.

sjaypink

ukcarper wrote: »

talk about rabbit hutches http://www.rightmove.co.uk/property-to-rent/property-27445396.html

Loads of them round here..........

....but at least ours are beachfront or clifftop views...

...the 6ft metal fence is a bit offputting :cool:

PasturesNew

So far then... higher wages seem to be graduates/in the public sector mostly.

Many public sector jobs down here seem to go to incomers, people moving down from up country.

CLAPTON

Cleaver wrote: »

So do you think the stats are wrong, or that the adverts and jobs you see don't represent the reality of what people actually earn?

I've said before on here, if I based the average salary on here on the jobs I see in the local paper the average wage would be about 14k. But that's local papers for you.

many many companies promote from within so it follows that's the majority of advertised jobs will be entry (low paid ) level jobs

the adveretised jobs aren't typical of the average salary

Cleaver

PasturesNew wrote: »

But without that degree you'd have employed her in a filing role.

Yes, we probably would. Aren't 50% of people going to uni nowadays? Therefore we do ask for a degree for most roles. Same as when I worked in the private sector really.

Cleaver

PasturesNew wrote: »

I just did a search of Reed for "all sectors/all jobs in my town".

Results: 41, some were repeats. Most were standard national adverts (not local)... with 300-1000 applicants already.

Actual jobs were:
Assistant Charity Shop Manager. Local, £6.65/hour (35 hours, so £12100).
Charity Shop Manager. Local, £16-17k, 35 hours/week.
Management Accountant, £19-23k
Quality Engineering Manager, no salary mentioned.
Commodity Scheduler, MRP/SAP. £16k.

Production Operatives, £5.80/hour, full time, temporary (2-3 months)
Housekeeping Assistant. Just for 3 weeks, no salary mentioned.
Cafe Assistant £5.80-£6/hour. Temporary.

I can't actually do any of that lot

This is pretty much what you'd expect from an employment agency though isn't it? Low-paid and temp roles that are probably not filled with existing employees.

This is not representative of the average salaries people earn, it's representative of the jobs being advertised by Reed in your area. Which are two very different things.

And how about a Management Accountant on £19k? Blimey, I've not met many Finance Managers who'd let someone on £19k manage the accounts for a portion or all of their business.

http://www.salarytrack.co.uk/average-management-accountant-salary.html

Damaged

PasturesNew wrote: »

I just did a search of Reed for "all sectors/all jobs in my town".

Results: 41, some were repeats. Most were standard national adverts (not local)... with 300-1000 applicants already.

Actual jobs were:
Assistant Charity Shop Manager. Local, £6.65/hour (35 hours, so £12100).
Charity Shop Manager. Local, £16-17k, 35 hours/week.
Management Accountant, £19-23k
Quality Engineering Manager, no salary mentioned.
Commodity Scheduler, MRP/SAP. £16k.

Production Operatives, £5.80/hour, full time, temporary (2-3 months)
Housekeeping Assistant. Just for 3 weeks, no salary mentioned.
Cafe Assistant £5.80-£6/hour. Temporary.

I can't actually do any of that lot

that makes some really grim reading, I do wonder how people can actually afford to live on the above wages

Cleaver

Damaged wrote: »

that makes some really grim reading, I do wonder how people can actually afford to live on the above wages

They can't. But then this isn't representative of the jobs people are doing in the area is it? It's a few select jobs from an employment agency. If I go to Reed's website, stick in my region and a minimum salary of £50,000 I get 'over 100 jobs' returned:

Project Manager - High Spec - £50 - £55k
Consultant Sales Specialist - £30 - £90k
IT Development Manager - £55k
Senior Business Partner - £65k
Financial Controller - £55k

These are all on the front page. So should we take from this that it's a wonderful world where it's easy to earn good wages? No, of course not. It's just a recruitment website with a load of jobs on it.

pingu2209

It is really tough to rent as a single person on a low wage, but this is nothing new.

Back in 1995 and as a recent graduate I earned £10,000 in my first year, which rose to £12,000 after 2 years and then £13,000 after 3 years. However, rents in Kent were around the £500/month mark for a 1 bed flat.

Whilst I really hated it, I had to live in shared accommodation at £300/month. For 3 years I lived in 4 different house shares with total strangers. It was unsettling and depressing. In fact, my first job netted me £600/month so half of my salary was spent on my house share rent.

However, your wages go up over time as you progress through your career. Personally, I had to move to a new job each year to get the wage increases.

Eventually I moved to a job where the salary jumped high enough to rent a 1 bed flat. However, by that time I had met a boyfriend and we moved in together to share the rent, but I was 25 by this time.

Expensive rents are nothing new.