Turkish Posted 19 August, 2011 Share Posted 19 August, 2011 (edited) Following on from our A level chat. What do you think is a good or acceptable wage. Next year it's estimates that the average graduate will earn 7k a year more than a none grad. Given the average wag is 25k apparently that should put them in the 30k area, but with 30k of debt. Given the mortgage needed to buy an averagely priced house is significantly more than 3 x the average wage, What sort of wage should our super being university hero consider to be acceptable? And what about us lesser beings? Edited 19 August, 2011 by Turkish Link to comment Share on other sites More sharing options...
Thedelldays Posted 19 August, 2011 Share Posted 19 August, 2011 would not get out of bed for the sums mentioned above... tragic that graduates earn not a great deal more.....(if at all) Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 Im pretty sure (I hope) the average wage is less than that unless you mean London. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 would not get out of bed for the sums mentioned above... tragic that graduates earn not a great deal more.....(if at all) ffs, how interesting Link to comment Share on other sites More sharing options...
Turkish Posted 19 August, 2011 Author Share Posted 19 August, 2011 Im pretty sure (I hope) the average wage is less than that unless you mean London. I think that was actually the south east on reflection, the national average is a bit lower IIRC Link to comment Share on other sites More sharing options...
View From The Top Posted 19 August, 2011 Share Posted 19 August, 2011 Depends in your up north, in the middle or down south. We (currently) have a joint income of £60k+ and it is about joint when you're married with three kids, and that's ample to live in a nice town, in a nice big house, own two cars and have a couple of decent holidays a year but then I live in Mid-Staffordshire which makes my mortgage about £100k less than the same house in a nice part of Soton for example. Link to comment Share on other sites More sharing options...
Colinjb Posted 19 August, 2011 Share Posted 19 August, 2011 As a recent graduate in a 'skilled' industry. (Engineering) I know that graduates there would struggle to get in the region of 30k, they would be lucky to get 22k as a starting wage. I would be very curious to know which industries allow for a 30k starting wage for a graduate. Link to comment Share on other sites More sharing options...
View From The Top Posted 19 August, 2011 Share Posted 19 August, 2011 I think that was actually the south east on reflection, the national average is a bit lower IIRC IIRC circa £22k Link to comment Share on other sites More sharing options...
SuperMikey Posted 19 August, 2011 Share Posted 19 August, 2011 I would be very happy to walk into a £30k job when I graduate, but it won't happen. I'll be happy as long as i'm breaking even each month tbh. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 Was in Clevedon nr Bristol the other day. Not a bad area. Was told the average wage was 13K (maybe unemployment is included in such stats...) Link to comment Share on other sites More sharing options...
Thedelldays Posted 19 August, 2011 Share Posted 19 August, 2011 Following on from our A level chat. What do you think is a good or acceptable wage. Next year it's estimates that the average graduate will earn 7k a year more than a none grad. Given the average wag is 25k apparently that should put them in the 30k area, but with 30k of debt. Given the mortgage needed to buy an averagely priced house is significantly more than 3 x the average wage, What sort of wage should our super being university hero consider to be acceptable? And what about us lesser beings? as a lesser being, who only did 1 year at college (tauntons) went straight into the work place. at 31 I feel I earn more than many of the super beings you mention since working full time since just before my 18th birthday... not always a bad thing gong straight into the work place and pushing yourself that way Link to comment Share on other sites More sharing options...
Verbal Posted 19 August, 2011 Share Posted 19 August, 2011 Following on from our A level chat. What do you think is a good or acceptable wage. Next year it's estimates that the average graduate will earn 7k a year more than a none grad. Given the average wag is 25k apparently that should put them in the 30k area, but with 30k of debt. Given the mortgage needed to buy an averagely priced house is significantly more than 3 x the average wage, What sort of wage should our super being university hero consider to be acceptable? And what about us lesser beings? Living in London, you wouldn't stand a chance on £30,000. And the difference between graduate and non-graduate salaries certainly matters here. My nephew and niece, undergraduates at Oxford and LSE respectively, are on a £1000 a week as interns. They expect to be making at least double or treble that when they graduate. All fine, except that it really feels sometimes like London is a different country to the rest of the UK, and with very high (financial) walls around it that anyone from the outside would struggle to climb. Link to comment Share on other sites More sharing options...
aintforever Posted 19 August, 2011 Share Posted 19 August, 2011 All the posts on here are bullsh!t, it depends what you do. Link to comment Share on other sites More sharing options...
View From The Top Posted 19 August, 2011 Share Posted 19 August, 2011 as a lesser being, who only did 1 year at college (tauntons) went straight into the work place. at 31 I feel I earn more than many of the super beings you mention since working full time since just before my 18th birthday... not always a bad thing gong straight into the work place and pushing yourself that way Many careers need degrees such as medicine, which Mike wants to do and education, which I do but you are correct, workplaced routes are often a better option for many. Personally it's about self-fulfilment and not the bottom line. I find people who judge others by their wage packets rather tiresome in I'm honest. Link to comment Share on other sites More sharing options...
Thedelldays Posted 19 August, 2011 Share Posted 19 August, 2011 Many careers need degrees such as medicine, which Mike wants to do and education, which I do. Personally it's about self-fulfilment and not the bottom line. I find people who judge others by their wage packets rather tiresome in I'm honest. completely agree....but you can provide yourself with a comfy life without any further education...just got to work for it Link to comment Share on other sites More sharing options...
View From The Top Posted 19 August, 2011 Share Posted 19 August, 2011 completely agree....but you can provide yourself with a comfy life without any further education...just got to work for it Totally, which many of my mates do. Neither route is better or worse than the other. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 as a lesser being, who only did 1 year at college (tauntons) went straight into the work place. at 31 I feel I earn more than many of the super beings you mention since working full time since just before my 18th birthday... not always a bad thing gong straight into the work place and pushing yourself that way Bloody public sector leeches Link to comment Share on other sites More sharing options...
Verbal Posted 19 August, 2011 Share Posted 19 August, 2011 completely agree....but you can provide yourself with a comfy life without any further education...just got to work for it Not with the professions VFTT mentioned you can't. If your burning ambition is to do either of those (and a whole host of others) you have to get a long way through the education system. Link to comment Share on other sites More sharing options...
Turkish Posted 19 August, 2011 Author Share Posted 19 August, 2011 Doesn't earning 40k a year make you middle class in some sectors now apparently? I'm sure I read that on the mail a while back. Link to comment Share on other sites More sharing options...
View From The Top Posted 19 August, 2011 Share Posted 19 August, 2011 Doesn't earning 40k a year make you middle class in some sectors now apparently? I'm sure I read that on the mail a while back. I believe one measure that is used is the profession of your parents which would make me working class but my kids middle class! Link to comment Share on other sites More sharing options...
Give it to Ron Posted 19 August, 2011 Share Posted 19 August, 2011 would not get out of bed for the sums mentioned above... tragic that graduates earn not a great deal more.....(if at all) At 21/22? You telling me that at 21 graduate age you would be unhappy with that sum....****** Of course in the navy you were earning a relative sum as that at 21! Link to comment Share on other sites More sharing options...
Verbal Posted 19 August, 2011 Share Posted 19 August, 2011 I believe one measure that is used is the profession of your parents which would make me working class but my kids middle class! Same here. It's all very odd. Link to comment Share on other sites More sharing options...
Thedelldays Posted 19 August, 2011 Share Posted 19 August, 2011 At 21/22? You telling me that at 21 graduate age you would be unhappy with that sum....****** Of course in the navy you were earning a relative sum as that at 21! at 21, I was on circa £22k a year Link to comment Share on other sites More sharing options...
Turkish Posted 19 August, 2011 Author Share Posted 19 August, 2011 Same here. It's all very odd. Who gives a f*ck though really? Having a label stuck on you because of how much you earn and what your parents did for a living. If your dad was a Doctor or a bin man it makes no odds if you're a complete c*nt. Link to comment Share on other sites More sharing options...
Verbal Posted 19 August, 2011 Share Posted 19 August, 2011 Who gives a f*ck though really? Having a label stuck on you because of how much you earn and what your parents did for a living. If your dad was a Doctor or a bin man it makes no odds if you're a complete c*nt. We live in the most class-conscious country in the world bar possibly India. It matters. Work in the BBC, for example, and it matters. Or the higher echelons of the Civil Service. Link to comment Share on other sites More sharing options...
Turkish Posted 19 August, 2011 Author Share Posted 19 August, 2011 We live in the most class-conscious country in the world bar possibly India. It matters. Work in the BBC, for example, and it matters. Or the higher echelons of the Civil Service. Hence why i would never want to. You are what you are, not what society tells you you are. Link to comment Share on other sites More sharing options...
Verbal Posted 19 August, 2011 Share Posted 19 August, 2011 Hence why i would never want to. You are what you are, not what society tells you you are. And it's a fine way to live. Unfortunately the other lot have run away to run a country. Link to comment Share on other sites More sharing options...
LGTL Posted 19 August, 2011 Share Posted 19 August, 2011 It all dependent on circumstances. If you're a batchelor living by yourself it's a bit different to having a wife with 3 children. A good wage is a personal opinion and relies on your individual habits and lifestyles IMO. If I move in with the mrs in the next few years we'll have a combined income of nearly £50k a year, and with no kids to worry about at the moment I imagine it will be pretty healthy at 23. We are both graduates, but nearly all of my non-graduate friends are earning more due to some good apprenticeship schemes in this area. Link to comment Share on other sites More sharing options...
aintforever Posted 19 August, 2011 Share Posted 19 August, 2011 And it's a fine way to live. Unfortunately the other lot have run away to run a country. What a load of b*ll*x, none of it matters, except to a few sad tossers who believe it does. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 Doesn't earning 40k a year make you middle class in some sectors now apparently? I'm sure I read that on the mail a while back. Less than that, Id say if a couple are earning 40K together thats a middle class lifestyle right there (in Southampton) Link to comment Share on other sites More sharing options...
Saintandy666 Posted 19 August, 2011 Share Posted 19 August, 2011 I don't really care about the money. I'd rather be doing a good job I enjoy, as long as I am not living in poverty. But above a certain point, it doesn't matter. Link to comment Share on other sites More sharing options...
Turkish Posted 19 August, 2011 Author Share Posted 19 August, 2011 So you do care about money then. Link to comment Share on other sites More sharing options...
Gemmel Posted 19 August, 2011 Share Posted 19 August, 2011 Less than that, Id say if a couple are earning 40K together thats a middle class lifestyle right there (in Southampton) Don't be stupid Link to comment Share on other sites More sharing options...
Saintandy666 Posted 19 August, 2011 Share Posted 19 August, 2011 So you do care about money then. Not overly. Not beyond food, water, shelter and the ability to have a few good nights out. Having good friends is much more important. I really do not understand those who amalgamate money and just sit on it. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 Don't be stupid Obviously you are a bigger snob than me. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 19 August, 2011 Share Posted 19 August, 2011 Not overly. Not beyond food, water, shelter and the ability to have a few good nights out. Having good friends is much more important. I really do not understand those who amalgamate money and just sit on it. Why go to all the trouble of becoming a doctor then? Link to comment Share on other sites More sharing options...
SuperMikey Posted 19 August, 2011 Share Posted 19 August, 2011 Why go to all the trouble of becoming a doctor then? To help people? Link to comment Share on other sites More sharing options...
revolution saint Posted 19 August, 2011 Share Posted 19 August, 2011 Average wage is a bit of a distraction to be honest and doesn't tell the true story. I remember reading back when the average wage was 22K that if you actually earnt that you were in the top 10% of the earning population - just shows how the relatively small number of very big earners skew the average wage figure. Link to comment Share on other sites More sharing options...
Saintandy666 Posted 19 August, 2011 Share Posted 19 August, 2011 Why go to all the trouble of becoming a doctor then? Because I am fascinated by it. I really am not motivated by money, and it is by no means guaranteed I'll get into it this year due to the competitiveness of it! I've been looking at Philosophy and Politics degrees too as back up, and I can tell you they aren't generally high earners either. Link to comment Share on other sites More sharing options...
tpbury Posted 20 August, 2011 Share Posted 20 August, 2011 In London you don't want to waste too long on under 25k. Just to love adequately you want to be on high 20s and moving up quickly. You can get by on low wages of course, but if you're young and in London, you want to make the most of it, and that costs a bit. Elsewhere in the country it really depends if you want to live alone, have a car etc. I'd definitely accept lower money for a job I enjoyed or valued. I've moved away from the financial sector and with my qualifications i'd be best suited to city jobs really. I could probably get temporary admin jobs in the city that pay more than I've been paid in my permanent jobs. Depends what's important to you. I'm not all anti-money, i'd love lots of it, I'm just terrible at lying, ripping people off, selling things people don't need and bigging myself up. To love is as costly as the morning sun... However, I can't get over the fact that the average teenager gets $19 hour for working in a supermarket/delivering pizza over here (in Oz). This works out at about £35K annually. The average 'adult' wage is only a little bit higher - about £42K. 'Tradies' earn £70K, in the mining industry (not necessarily down the mines) £100K. Rents are about 1.75 times UK, but wverything else is about the same price Link to comment Share on other sites More sharing options...
tony13579 Posted 20 August, 2011 Share Posted 20 August, 2011 Living on 30k single income and paying a student loan is going to be tight. You will end up with a very modest flat. Not eating out much. Not spending too much on holidays. The trick to comfortable living is " duel income no kids" I struggled hard on my own financially on equivalent of25k + overtime. Avoid jobs that expect you to do overtime for free. Travel costs and time are also key. As you earn money 5-6 weeks annual leave and flexibility to take it is also important. A holiday cottage cost £350 in may and £1200 mid season. Working from home! Saves travel cost and time but does that make you work odd hours or liberate you? Also that spare room in your house cost you £50k and work give you £0-1000 allowance. Link to comment Share on other sites More sharing options...
thefunkygibbons Posted 20 August, 2011 Share Posted 20 August, 2011 Ah, the dangers of the word average When people want to make wages higher the use the mean But it is dragged up by a small number of people (including footballers) on very high wages For income purposes, the median is a much better measure and it is several thousand lower For a graduate, it is not just starting salary that matter, but also potentail In addition, how hard is the work? For example, commercial law in London has great potential, but when I have dealt with such people, they have to do incredible hours and be available pretty much 24/7 Link to comment Share on other sites More sharing options...
Thedelldays Posted 20 August, 2011 Share Posted 20 August, 2011 Doesn't earning 40k a year make you middle class in some sectors now apparently? I'm sure I read that on the mail a while back. sweet Link to comment Share on other sites More sharing options...
View From The Top Posted 20 August, 2011 Share Posted 20 August, 2011 http://www.answers.com/topic/social-structure-of-the-united-kingdom http://www.answers.com/topic/class-structure Link to comment Share on other sites More sharing options...
Turkish Posted 20 August, 2011 Author Share Posted 20 August, 2011 Because I am fascinated by it. I really am not motivated by money, and it is by no means guaranteed I'll get into it this year due to the competitiveness of it! I've been looking at Philosophy and Politics degrees too as back up, and I can tell you they aren't generally high earners either. So if you became a doctor and were being paid 30k a year, according to some on here enough to get by on your own considering debts, mortgages etc and someone else was doing the same job as you and getting 60k a year, that wouldn't bother you, right? Link to comment Share on other sites More sharing options...
CHAPEL END CHARLIE Posted 20 August, 2011 Share Posted 20 August, 2011 (edited) I see people saying they "wouldn't get out of bed" for sums that would mean they were vastly better off than 99% of humanity, and others who genuinely think they are struggling on a income as substantial as £30K a year. I can only suggest they try and think about it, open their eyes, and gain a better perspective on what it really means to suffer hardship in this world. I take home significantly less money than the large majority of you reading this, but even I am in truth a wealthy man. Like you I have plenty of food to eat, a roof over my head, and ready access to adequate health care - more than that I can even afford luxury's such as a car and a broadband connection for instance. We should all understand that billions of our fellow human beings can only dream of attaining a standard of living that some on here seemingly take for granted. You, me, more or less everybody in this fortunate country - we're all living on Easy Street. Edited 20 August, 2011 by CHAPEL END CHARLIE Link to comment Share on other sites More sharing options...
Thedelldays Posted 20 August, 2011 Share Posted 20 August, 2011 Because I am fascinated by it. I really am not motivated by money, and it is by no means guaranteed I'll get into it this year due to the competitiveness of it! I've been looking at Philosophy and Politics degrees too as back up, and I can tell you they aren't generally high earners either. wait till get out in the big wide world and the harsh realities of paying bills/mortgage/car etc really hit Link to comment Share on other sites More sharing options...
Turkish Posted 20 August, 2011 Author Share Posted 20 August, 2011 wait till get out in the big wide world and the harsh realities of paying bills/mortgage/car etc really hit Tsk Jamie. They know it all already. Link to comment Share on other sites More sharing options...
Andy_Porter Posted 20 August, 2011 Share Posted 20 August, 2011 wait till get out in the big wide world and the harsh realities of paying bills/mortgage/car etc really hit Indeed, I really can't understand people who aren't motivated by money. Having money doesn't make you happy, but it's far nicer to know you're secure and not scratching around for money at the end of every month. Link to comment Share on other sites More sharing options...
Turkish Posted 20 August, 2011 Author Share Posted 20 August, 2011 Indeed, I really can't understand people who aren't motivated by money. Having money doesn't make you happy, but it's far nicer to know you're secure and not scratching around for money at the end of every month. The only people that say money doesnt make you happy are the ones that don't f*cking have any. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now