Average UK full-time wage

snowqueen555

its just a thread poll guys, don't, take it too seriously by picking holes in it!

getmore4less

Andy_L wrote: »

IIRC it puts you in the top 10%

Which is a lot of people

I think you need to be in the top 1-2% to be considered income rich(£100k+).

Houshold incomes in this range are relativley easy with 2 professionals.

But needs to be looked along side net wealth, plenty of people on £100k+ plus in loads of debt and others earning well under £50k worth 1/2million or more.

Some consolidated data a bit out of date but the profiles don't change much
http://en.wikipedia.org/wiki/Income_in_the_United_Kingdom

ONS has loads of data
http://www.ons.gov.uk/ons/dcp171766_233869.pdf

Catapa

£20k-£29,999k

This poll doesn't look that different from the national statistic.

SarEl

persa wrote: »

LadyMissA works in accountancy.
.

Funny I also thought she previously worked in accounts and now is unemployed. But lets take accountancy as an example then. Graduates typically start on £16 - 25k, but senior people with experience earn between £40 and £100k (source: http://www.prospects.ac.uk/chartered_certified_accountant_salary.htm)

So clearly "working in accountancy" is not a low paid industry or field of employment. It may be for some people, but clearly not for everyone. Personal experience is evidence of what happens to you, not what happens to everyone.

persa

getmore4less wrote: »

Really!

I though she WAS just a desk jockey in accounts departments for companies that don't pay the going rate but still can't afford them so let them go.

SarEl wrote: »

Funny I also thought she previously worked in accounts and now is unemployed.

Sorry, I made an assumption from her posts in this thread and I clearly got it wrong. I don't mean to get anyone's back up.

But even if she doesn't work in accounts at the moment, I would still refer to her as an accountant in the same I way I would refer to SarEl as being an employment law specialist, despite being on a sabbatical. A bit of time out for whatever reason doesn't mean you should lose your professional identity. (Apologies, SarEl, if I've made any further inaccuracies there specifically on your part, but hopefully you get the gist of what I'm trying to say.)

SarEl wrote: »

Funny I also thought she previously worked in accounts and now is unemployed. But lets take accountancy as an example then. Graduates typically start on £16 - 25k, but senior people with experience earn between £40 and £100k (source: http://www.prospects.ac.uk/chartered_certified_accountant_salary.htm)

So clearly "working in accountancy" is not a low paid industry or field of employment. It may be for some people, but clearly not for everyone. Personal experience is evidence of what happens to you, not what happens to everyone.

Accountancy isn't generally a low paid profession - unless you're unqualified and work in a specialism like, say, credit control. But, to give an exaggerated example, if the going rate for your position is £40k and you're paid £25k, even though £25k is a pretty decent salary to many posters, it's still below market rates for the work you're doing and you are going to feel hacked off. It's not uncommon for employers within accountancy to pay a good starting salary, then fail to increase it down the line - this is one of the main drivers for the high staff turnover in accountancy. Employers generally don't negotiate with their staff - they let them go and then take on a replacement for the kind of higher salary that would have kept the outgoing employee. Bearing in mind the costs of training new staff etc, this has never made sense to me.

It doesn't bother me, because it's just how things are done and it's well understood, but I do think it's silly.

I'm cautious to talk much more on this subject though, because I have seen posters on MSE express the opinion that once you earn above a certain wage, you're not entitled to feel hard done by about anything. My own attitude is that everyone should manage their money as best as possible - not just low earners.

zagfles

LadyMissA wrote: »

And WHEN I was working I could never dream of earning that much - such a shame but a fact. I see 50-70k as a high earner. I don't know anyone in that salary bracket.

You almost certainly do know people who earn that, for instance your school headmaster, GP and dentist are likely to be on that sort of money or even more.

zagfles

See http://www.ons.gov.uk/ons/publications/re-reference-tables.html?edition=tcm%3A77-200444
Table1.7a, full time tab.

Median full time wage is £25879, mean is £32178.

getmore4less

persa wrote: »

Sorry, I made an assumption from her posts in this thread and I clearly got it wrong. I don't mean to get anyone's back up.

But even if she doesn't work in accounts at the moment, I would still refer to her as an accountant in the same I way I would refer to SarEl as being an employment law specialist, despite being on a sabbatical. A bit of time out for whatever reason doesn't mean you should lose your professional identity. .

Point is there is no evidence she is an acountanty professional, more likely a clerk with a bit of knowledge of payroll and maybe some other stuff.

LadyMissA

£20k-£29,999k

getmore4less wrote: »

Point is there is no evidence she is an acountanty professional, more likely a clerk with a bit of knowledge of payroll and maybe some other stuff.

22 years experience and at my last job I was a senior purchase ledger clerk delaing with payments of £1million a month and €1million a month. I also have 6 years experience in running payroll all the way up to the year end return. I have never said I was an accountant but thanks for talking about me.

dave4545454

Under 10k

LadyMissA wrote: »

And WHEN I was working I could never dream of earning that much - such a shame but a fact. I see 50-70k as a high earner. I don't know anyone in that salary bracket.

nor me. 50K+ is a very high wage.

you'll get people on that who'll complain that they are not rich but that's only cos they are useless and wasteful with money