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Average UK full-time wage

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Comments

  • shop-to-drop
    shop-to-drop Posts: 4,340 Forumite
    A fulltime worker on minimum wage earns over 10K. So I guess all those in the under 10K bracket are self employed and either unenable to get a minimum wage job or for whatever reason choose not to.
    :j Trytryagain FLYLADY - SAYE £700 each month Premium Bonds £713 Mortgage Was £100,000@20/6/08 now zilch 21/4/15:beer: WTL - 52 (I'll do it 4 MUM)
  • dave4545454
    dave4545454 Posts: 2,025 Forumite
    Tenth Anniversary Combo Breaker
    Under 10k
    A fulltime worker on minimum wage earns over 10K. So I guess all those in the under 10K bracket are self employed and either unenable to get a minimum wage job or for whatever reason choose not to.


    false. fulltime min wage workers under 18 years old would not earn over 10k.
    Martin has asked me to tell you I'm about to cut the cheese, pull my finger.
  • dave4545454
    dave4545454 Posts: 2,025 Forumite
    Tenth Anniversary Combo Breaker
    Under 10k
    Who are you to judge whether someone is useless or not?

    Again, they CAN'T be COMPLETELY useless if they are earning 50K a year. SOMEONE must think they are USEFUL, mustn't they?

    of course they can be useless if earning 50k. there are many useless public sector jobs that pay that sort of money, especially in the quangoes, where no-one would consider them useful. it's jobs for the boys
    Martin has asked me to tell you I'm about to cut the cheese, pull my finger.
  • of course they can be useless if earning 50k. there are many useless public sector jobs that pay that sort of money, especially in the quangoes, where no-one would consider them useful. it's jobs for the boys

    Who are these useless people? Have you done a survey on them? What were your criteria of 'uselessness'? Did you interview them all or just a small sample?
    If you haven't got it - please don't flaunt it. TIA.
  • ceridwen
    ceridwen Posts: 11,547 Forumite
    10,000 Posts Combo Breaker
    £10k-£19,999k
    hugheskevi wrote: »
    Breakdown of £50,000 gross income for someone making a low amount of pension contributions and living in a semi in a poorer area of London.
    • Pension - £5,000 (10% of gross income)
    • Income tax - £8,010
    • National insurance - £4,381
    • Mortgage - £10,469 (based on average cost of semi-detached house in Barking, with a 25% deposit, and 25 year repayment mortgage at 4%)
    • House bills - £3,000
    • Travelcard - £1,576
    That leaves £1,450 p/m to cover car expenses, food, house maintenance, holidays, work clothes, student loan repayments, any other debt repayments, and professional fees.


    Personally - I'd be glad of the £1,450 in the first place - BEFORE allowing for any expenses of ANY description coming out of it:rotfl::rotfl:. Then - add onto that that I'd know I was going to have that money currently going out on mortgage as "mine to spend" once the mortgage was gone and it would certainly be a good bit better financial situation than mine for instance.
  • ceridwen
    ceridwen Posts: 11,547 Forumite
    10,000 Posts Combo Breaker
    edited 24 October 2011 at 6:43AM
    £10k-£19,999k
    FATBALLZ wrote: »

    Whether a salary makes you rich or not is another matter though, £50k for a single person in London doesn't buy you a great lifestyle, but a childless couple up north on £20k each can live very comfortably. If you have children you also need to earn a lot more to have a comfortable lifestyle.

    I don't understand where references to personal choices have started to come onto this thread (ie the reference to "if you have children"). Area of country one lives in is likely not a personal choice - as many of us remain in our "home areas". But having children may be very expensive - but is a personal choice - so it affects the salary the person WANTS but thats as far as it goes.

    PS: LadyMissA - you will be tied up forever more if you keep responding to comments by one particular poster on here. There are some people who simply MUST have the last word and will carry on and on putting up posts until the other person gives up and they can walk off patting themselves on the back for having that "last word"....(wouldnt be surprised if they now have go number Umpteen Hundred and One at me for saying that - but I thought you need to be warned this is what is happening here....).
  • bendix
    bendix Posts: 5,499 Forumite
    £50k+
    I'd like to formally state that I wouldn't get out of bed for £50k a year.
  • Bobl
    Bobl Posts: 695 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    £50k+
    Its all relative really; when I earned a lot less and had two young kids I had different priorities for my money, so no meals out, expensive holidays, nice wine etc. Now that the kids have grown up and gone and I earn a great deal more, not only do I not have any financial obligations (no debt, mortgage paid off etc) I am far more comfortably off and can afford all those things.

    The IT industry has salary levels from NMW to very, very high, and most of the people I work with earn a great deal more than £50K. Job hopping ensures salary levels rise very quickly and it is not uncommon to to move to a new company for at least £30K more.
    Life is too short to drink bad wine!
  • Job hopping is the route to faster payrises. I recently moved and pushed up my salary by a good 25%. A month after, I get contacted on linkedin by another firm who want to interview me.. i told them i'd need at least £10k more than I was on now, and they said that's what the salary of the new job was.

    Payrises suck, it's all about the job hop (but not too often and soon, or your CV will suck). I moved jobs because my firm had lost interest in 'investing in people' (no job change/training in 2 years). I work in IT, so you've got to keep learning or you sink
  • SarEl
    SarEl Posts: 5,683 Forumite
    LadyMissA wrote: »
    No, I was not just 'there too' - you see I was doing the payment runs whilst the supervisor was working out how to steal the money.
    Oh no sorry it wasn't millions I was paying I meant to say the company payment run was £10 a month. If you want to have a dig at me PM me ok instead of put it all on here.

    When I posted on this thread in #14 I was commenting soley on the theoretical rigour of a poll that started out from a flawed permise. You chose to turn that into a debate about you and what you thought, and made it "about you". You insisted that very few people earn over £50k "because you didn't know anyone earning that much"; you insisted that there was no relationship between qualifications and earnings despite the fact that whilst this is only one factor, it actually is a common relationship, etc etc. You turned it into a debate about you and kept doing so depite my saying repeatedly that I was talking about facts and not opinions. Do not now complain because, having made it about you, people have taken you up on that.
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