Discuss your salary

SingleSue

bendix wrote: »

Agreed. When i lived in Asia it was not only considered completely normal to talk about income, it was even considered impolite to not answer a direct question about income honestly. To be evasive on it is considered the height of rudeness.

So, in the interests of full disclosure:

My salary is £154,000 plus 9% pension payment, plus i can usually expect an annual bonus of £15-£25k. This year it was £22,000.

And I make currently make around £18-20k per annum on interest on cash savings, depending on exchange rates.

I've always found it weird where no-one quite likes to discuss their salaries, I have always been very open and honest about mine but getting dad to discuss his (and when he was asking advice on something where I really needed to know what he was earning to advise properly), was an absolute nightmare.

Mine is easy now - no earned income, only benefits - never been in a minimum wage job though.

Eldest son is on just over minimum wage for his age in his little part time job.

bendix

Jonbvn wrote: »

I'm surprised. As a lawyer in the smoke, I anticipated much higher - something akin to the lawyer earning £500k in the article.

I'm not a lawyer.

And even if I was, very few lawyers earn that much, even in the big city firms. The partners will, yes, but not regular lawyers, even senior associates.

There are only a dozen or so city law firms where average partner income is over £500k. We are one of them. Most firms have partner incomes of £200-£300k at most, even firms you've likely heard of.

There is a lot of !!!!!!!! written about how much lawyers earn. Bankers too.

torontoboy45

Generali wrote: »

$80,000pa plus 9% super (pension) plus bonus plus a deal on a car so perhaps a little under $100,000pa. I've earned more and I've earned less.

I don't understand why English people don;t like talking about their income and I double don't understand why anonymous internet people don't like it.

Before the housing boards were split out a woman(?) was asking how much in £ notes it was reasonable for her to borrow to buy a house. I asked how much she earned. She had a sense of humour failure.

the 'reserved' english, eh?

I was approached by capital radio(?) back in the late 80's as I walked down the totenham court road. would I mind being asked a few personal questions? not at all!

would you say your sex life is good?

it's just fine. I am that grand national winner.

how much did you earn last yr?

no comment. (given time to think about it I probably would've answered but maybe it was a little too unexpected).

off-air the female reporter told me how amazed she was at how so many people were happy to talk about their sex lives but clammed up on income!

my earnings last yr - ftr - just under £40k, slightly below the market average but well above the national. am I worth it? when I consider the crazy shift patterns (sometimes I finish at 0200hrs sun and resume duty at 0400hrs the following mon), the disruption to family/social life, the petty-fogging and self-contradictory regulations, the ease at which I can fall into suspension from duty, etc. then I would say 'yes'. in terms of productivity: maybe not, but my opinion isn't relevant; the 'market' determines levels of pay.

if I was going to get uber-defensive about this I'd say that I'm paid correctly, whereas many working in the UK economy are underpaid.

Procrastinator333

SingleSue wrote: »

I've always found it weird where no-one quite likes to discuss their salaries

It very much depends on who it is for me.

I'm very happy to discuss it with friends who are in the same area of work, but work elsewhere. Don't mind telling family.

But I wouldn't want it to be open information at work. There are many who would resent what I earn and it would just open a whole can of worms - why should Procrastinator get that and not me, that isn't fair, etc etc.

When people work in similar roles, or roles that have fixed pay scales, it really isn't an issue. If you and all the peeps around you earn the same it doesn't matter.

If your employer knows you will go blabbing about a payrise, they will be less likely to give one in excess of the masses for fear of that information causing problems.

bendix

lostinrates wrote: »

This isn't as good as one I hae posted before but

http://www.simplylawjobs.com/careershop/salary_surveys/london.php

I think some of those figures are low, particularly for more senior associates. We wouldn't have many / any senior associates earning less than six figures.

The figures at the more junior end stack up with my understanding though.

lostinrates

bendix wrote: »

I think some of those figures are low, particularly for more senior associates. We wouldn't have many / any senior associates earning less than six figures.

The figures at the more junior end stack up with my understanding though.

I think one of the US firms have a qualification salary of £100k now, but IIRC they only take two...it grabbed a good headline though.

Its interesting looking at associate salaries ATM.

FTBFun

I'm currently on £57,000 after a very recent payrise, admittedly pretty good for what I do and the hours I work.

I could move somewhere else for more money - however I'd have to work a lot later and sometimes on weekends which isn't really for me.

Generali

torontoboy45 wrote: »

the 'reserved' english, eh?

I was approached by capital radio(?) back in the late 80's as I walked down the totenham court road. would I mind being asked a few personal questions? not at all!

would you say your sex life is good?

it's just fine. I am that grand national winner.

how much did you earn last yr?

no comment. (given time to think about it I probably would've answered but maybe it was a little too unexpected).

off-air the female reporter told me how amazed she was at how so many people were happy to talk about their sex lives but clammed up on income!

my earnings last yr - ftr - just under £40k, slightly below the market average but well above the national. am I worth it? when I consider the crazy shift patterns (sometimes I finish at 0200hrs sun and resume duty at 0400hrs the following mon), the disruption to family/social life, the petty-fogging and self-contradictory regulations, the ease at which I can fall into suspension from duty, etc. then I would say 'yes'. in terms of productivity: maybe not, but my opinion isn't relevant; the 'market' determines levels of pay.

if I was going to get uber-defensive about this I'd say that I'm paid correctly, whereas many working in the UK economy are underpaid.

I wouldn't comment about my love life but no problem talking about money.

Perhaps someone that wouldn't reveal their income could explain why as I sure as heck don't understand it.

SingleSue

Procrastinator333 wrote: »

It very much depends on who it is for me.

I'm very happy to discuss it with friends who are in the same area of work, but work elsewhere. Don't mind telling family.

But I wouldn't want it to be open information at work. There are many who would resent what I earn and it would just open a whole can of worms - why should Procrastinator get that and not me, that isn't fair, etc etc.

When people work in similar roles, or roles that have fixed pay scales, it really isn't an issue. If you and all the peeps around you earn the same it doesn't matter.

If your employer knows you will go blabbing about a payrise, they will be less likely to give one in excess of the masses for fear of that information causing problems.

When I sit and think about it like that, then yes, there have been times when I (and other colleagues) have kept quiet.

In my last employment, those of us who were the orginal take on's, were on a higher per hour rate than those taken on in later years and we had instructions not to discuss with the newbies our rates in case they thought it unfair..despite the originals having more experience and responsibility (I was classed as a senior with responsibility for checking and signing off not only the evening shift work but also the day shift work, something the newbies were not allowed to do).

Bonuses and payrises were always done at a percentage rate anyway and it was the same across the board....so we just discussed the percentage rather than the actual cash amount!

bendix

Procrastinator333 wrote: »

I'm always wary of posting too much detail on here. I post in other forums and in truth, anyone that knows me would be able to match me up quite easily. E.g. give out job description, talk about age, talk about wife, post on the holiday board questions about holidays, match that lot up and it would be easy.

No doubt I'm being overly paranoid, but I would prefer for this username to remain anonomous. And in case it doesn't, things like salary information are not the best details to share.

You see, mate, the big problem with all this is that you assume people give a damn about who you are . . .

I know I don't

What makes you think anyone is interested in piecing together the various bits of the jigsaw of someone whom - to us - is a valued contributor to the forum but, in all other regards, just a few lines on an a pixellated screen?