Wages

Discussion in 'Bulletin Board' started by MDG, Jun 12, 2024.

  1. Sco

    Scoff Well-Known Member

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    Significantly more currently - for however long it lasts thanks to management decisions. I am probably going to have to change jobs soon which will could result in a pay cut and/or increase in travel - although a rise isn't impossible.
     
  2. Dub-Tyke

    Dub-Tyke Well-Known Member

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    Fix the system first - just pouring more money in doesn’t solve anything, just gets absorbed higher up.
     
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  3. RamTam

    RamTam Well-Known Member

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    Well they proposed a number of things that would directly 'change the system.' Their launch is well worth a watch
     
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  4. Jay

    Jay Well-Known Member

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    You think people who deliver take away for Just Eat and Parcels for Amazon get 50 thousand pounds a year?
     
  5. sadbrewer

    sadbrewer Well-Known Member

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    That's only your Rum cost Ian!!
     
  6. Merde Tete

    Merde Tete Well-Known Member

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    As another poster points out, circumstances matter a lot. A single person on £50k with no dependants is going to be fine outside of London, and a couple earning that each should be quite comfortable in most areas of the UK. But a single wage earner supporting a family on £50k? That's not going to be much fun.

    £50k is £3230 per month after tax.

    I live in Lincoln, where housing is very reasonable by UK standards. £220,000 will get you a modest 3 bed terraced house in an okay area. Anything bigger than that or in a very nice area and you're looking at £250-£300k. If you're willing to live somewhere rough or buy a dilapidated house and do it up, you can probably get that down to £170,000, but in any case your mortgage at current rates is likely to be £1000 minimum, probably more.

    Utilities - I pay £450 a month in winter, and around £200 in summer, although I do work from home, which obviously makes a difference. However, it means I don't spend any money commuting. So let's say an average of £300 a month.

    Water - £80
    Council tax - £140
    Broadband - £45

    Luckily I own my car outright, but I still need to insure it - £50 a month. Anyone who doesn't will need to find another £250+ for their car payments. As I work from home and we live in the city centre, next to the railway station, we are fine with only one car. Other people may need two.

    So before I've so much as put any food in my mouth or a drop of fuel in my car, in an average month £1700 has gone from my bank account.

    If we now move back to our theoretical £50k earner, they still have £1500 left, assuming they have no student loans, car finance, credit cards or other financial commitments. For a family of 3 or more, food costs are likely to take up another £300 minimum, substantially more if your kid(s) have school dinners.

    £1200 left.

    Fuel in the car to actually go and do some things. £150 very conservative estimate.

    So we're now down to about £250 a week to pay for everything else. All the nice things in life that actually make life worth living. Meals out, booze, trips to the cinema, Barnsley away matches and other days out. All of these things are really, really expensive these days, especially for a family of 3 or 4.

    Unfortunately, there won't be anywhere near £250 a week left. Not if you want to take a holiday once a year, join the gym, put some money in a pension pot or rainy day fund, pay for some sports or other extra-curricular activities for your kids, send them on a school trip once or twice a year, buy some new clothes once in a while, fix any unexpected issues that come up with your house or car, pay for Sky, your TV licence etc.

    I agree that for some people in certain situations you can have an absolutely cracking life on £50k. But for a family trying to live off that, your existence is going to be very modest at best.
     
    Last edited: Jun 12, 2024
  7. WG Red

    WG Red Well-Known Member

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    I am still waiting for him to send me a “link” to one of these jobs, wouldn’t mind one of them.
     
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  8. lk3

    lk311 Well-Known Member

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    I know a lot of delivery drivers and the ones earning this tends to be either work8ng silly hours or the people who own the rounds and employ drivers, around here you see people advertising for £35k.
    I also know a lot of them don’t declare their earnings as most are self employed.
     
  9. Jay

    Jay Well-Known Member

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    Let me know if you hear about anything. 50k for delivering stuff? Yes please.

    And on a general point, only 15% of wage earners earn 50k a year or more. I know people who work two jobs and have to go to food banks to feed their families. Gym membership? Foreign holidays? Mortgages on mansions? Do I believe people people earning 50k or more should pay more national insurance? Absolutely I do, I'll vote for that every day.
     
  10. BarnsleyReds

    BarnsleyReds Well-Known Member

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    I counted 13 looking at salaried positions. Probably well below the expected %, but at the same time higher paying jobs probably don't use DWP for hiring. They'll use recruiters. I think an important thing to look at though is remote work positions. I know not every career can do that and i’m in a fortunate position where i can, but one of the best things someone can do is get a remote job which pays london salaries or even better pays US salaries (a lot of tech jobs in the US have $100k+/year starting salaries, it’s absolutely ridiculous, although a lot have been laying people off recently and a lot won't hire in the UK so definitely have to get lucky) while living somewhere like Barnsley with low cost of living.
     
  11. RichK

    RichK Well-Known Member

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    A great explanation of how it doesn't go that far. For a lot of the country, depending largely on where you live (house prices etc) £50k is not a massive wage.

    A hike for anything based on it being high earnings needs to have a higher threshold than that.
     
  12. Dys

    Dyson Well-Known Member

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    BBS finally outed as Middle Class.
     
  13. Merde Tete

    Merde Tete Well-Known Member

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    I completely agree with you that in a country with a progressive taxation system that should be the case. However, it doesn't negate the fact that for a family of 4 having to eat, clothe themselves, put a roof over their heads and keep themselves warm in winter, and maybe do a few enjoyable things from time to time, £800 a week in a country as outrageously expensive as the UK has become, is not a huge amount of money with which to do this.
     
  14. Redstone

    Redstone Well-Known Member

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    £11.44 per hour.
     
  15. red

    redrum Well-Known Member

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    Thanks. Not sure how people survive on that.
     
  16. red

    redrum Well-Known Member

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    Fair play that's a decent wage imo. I'm employed but what I earn is based on bonuses this year just gone 35k year before I did 40k I do get company vehicle and fuel card so swings and roundabouts.
     
  17. Dys

    Dyson Well-Known Member

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  18. Men

    Menai Tyke Well-Known Member

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    Get where people in this thread are coming from. Went from a 25k a year role to one that was nearly 50k initially felt like I was absolutely minted but now cost of living absolutely destroyed it and almost feel like I earn not much more than I did as all costs have risen exponentially during the time.
     
  19. Duntpasstome

    Duntpasstome Well-Known Member

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    To earn a good salary you generally have to work long hours, you take on a significant amount of responsibility which in turn means you live every working day with a lot of stress and pressure. You also can't just switch off and end up working evenings and weekends for no pay.
    You are generally then responsible for other workers and take on their issues and wellbeing. You miss out on quality time with your family and friends and do not have the time for any decent recreational activities. Your work if you are a managerial role also keeps a lot of people in work and reduces their stress levels as you try to protect them from the additional work problems that arise.
    You do that so that your kids can live in a nice home, are fed and you can allow them then to do the things you couldn't growing up.
    Tax these higher than the average pay workers more - piss off
     
  20. sir ronald

    sir ronald Well-Known Member

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    I've been at the NHS in Leeds for 16 years and am now on a penny an hour more than the minimum wage. Oh well, at least I got the clap every Thursday!.
     

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