What is a good wage in uk

sultan123

NCC1701-A said:

£18,000.    

No way too low

pjcox2005

NCC1701-A said:

£18,000.    

For an individual working a 35 hour week then £18k would be minimum wage (assuming holidays paid which is unlikely) so I think you'd say £18k-£20k is a poorer wage, perhaps £20k-£35k is a more reasonable wage on that comparative, and anything over £40k is a good wage. May not be great, but should allow most to have a reasonable standard of living. Perhaps add a 25% weighting to London so that's more like £50k.

For a family I'd expect the days of only one working are much harder so perhaps you need slightly more to not feel to pressured on cash.

Scorpio33

ONS state the average UK wage for a full time person is now £640 a week, which works out circa £33k.

So for a "good" wage, I would be saying it is anything over £45k. 

This does depend on:

Industry
Location
Role
Experience

GiantTCR

sultan123 said:

Any more thoughts

I could be comfortable with 500k

NCC1701-A

sultan123 said:

NCC1701-A said:

£18,000.    

No way too low

£18,000 a week is too low? Are you a premiership footballer? 

£18,000 pa is good if you’ve inherited a property with a low eco footprint and decent garden to grow your own veg.

JonVarnas

sultan123 said:

NCC1701-A said:

£18,000.    

No way too low

Na mate, if I was working and earned that amount then after all bills paid, including food, I would still have around £600-£700 clear disposable income a month but that's me as a single, childless male with low outgoings. There's too many variables in a person's circumstances to determine what a good wage would be to them.

NCC1701-A

Maybe money is the wrong metric to measure your personal worth & happiness by.

mcpitman

How much is enough?

As long as "money in" is greater than "money out". Everything else is variable.

Andy_L

sultan123 said:

pinkshoes said:

sultan123 said:

Considering all the strikes, the economy, people either losing jobs or not finding a job and high inflation what would people say is a good wage in the current climate.

50k? 40k? 100k?

It is subjective obviously but as a general opinion for a family in the UK what would be a good wage?

It entirely depends on where you live.

Train drivers earn an AVERAGE of over £55k, which I personally think is a huge amount, and I'm almost tempted to become a train driver with those decent salaries! And yet still, they are striking and think they don't earn enough...

In comparison, an experienced teacher on the other hand only earns £43,685 a year (top salary unless you take on extra responsibilities), which given the really erratic hours they work (particularly secondary school) it really isn't a good salary and explains why so many staff are leaving. 

A full time secondary school teacher that teaches A Level and GCSE will do around 50 to 60 hours a week during term time (including planning, teaching, marking and admin) which means having a life during term time rather tricky. Yes, the holidays are great, but the £43,685 really doesn't reflect the erratic spread of hours which cannot be avoided.

For a non-London family in the South East, I think you need a join income of around £60k to £70k to be comfortable. 

What do you mean non london family?

Presumably a family living in the SE but not living in London

SiliconChip

Rather than continually asking questions on the same subject why don't you tell us what your end game is so that we can make responses that relate to that?

In the meantime, the best paid job in the UK is to found and run a gambling business, your salary (and everyone else's) pales into insignificance compared to £213 million for Denise Coates.

https://www.bbc.co.uk/news/business-64188805