Active discussions

Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Talk
Chat

Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting.

Original poster

What you were earning in 2010 adjusted for inflation..

99 replies

WelshCakes1 · 26/04/2023 15:42

In 2010 I was on 24k
A few moves and promotions later I'm now on 37k
Quite reasonable progression I thought.

But according to this my 24k in 2010 is now worth over 39k - I'm worse off than I was as young 20something

I knew wages hadn't kept up with inflation but this is mad.

What would yours be?

https://www.in2013dollars.com/uk/inflation/2010?amount=24000

£24,000 in 2010 → 2023 | UK Inflation Calculator

This inflation calculator uses the official UK consumer price index. An inflation rate of 3.88% per year means £24,000 in 2010 is worth £39,371.85 in 2023.

https://www.in2013dollars.com/uk/inflation/2010?amount=24000

OP posts:
whenindoubtgotothelibrary · 26/04/2023 20:17

Not 2010, but I was a Grade 7 direct entrant to the civil service in 2003 and started at the bottom of the pay range on £40k. If that calculator is correct equivalent posts today would need to pay over £80k to have similar purchasing power. They definitely don't!

BluebellBlueballs · 26/04/2023 20:19

32k then

Worth 46k now

I'm actually on 50k as I got promoted during that time.

BluebellBlueballs · 26/04/2023 20:20

Incidentally roles at my previous level pay 35-40k now. So about 6k less than they should!

Interested in this thread?

Then you might like threads about this subject:

Cost of living
LindorDoubleChoc · 26/04/2023 20:22

I was earning £25,000 in 2000 in a mid-level admin job in London. Today that should pay nearly £54,000. I am absolutely certain it doesn't pay more than £30 to £32,000 in the same company.

This thread needs to be shown to the British Government and their replies invited.

Kablea · 26/04/2023 20:22

I think look at what your salary was then and compare it with a new starter. For example, as a graduate engineer I was on £21k. Our graduate engineers aren’t being paid £41k, more like £36k, so the younger generation are really losing out.

BlackeyedSusan · 26/04/2023 20:26

spanieleyes · 26/04/2023 19:24

I was on £33000 in 2010 , which is worth £54,000 now, which is what I earn. However, I've also gone from class teacher to Head in the same time! So rather more responsibility for no more pay😭

Fucking hell

spanieleyes · 26/04/2023 20:33

@BlackeyedSusan

And this is why there's a teachers strike tomorrow! Pay simply hasn't kept pace with inflation. We're definitely not alone in that though!

BlackeyedSusan · 26/04/2023 20:41

@spanieleyes Was the contrast between class and head teacher that's shocking.

Yep, tomorrow is bribe the boy to go into school day. (Disabled)

BluebellBlueballs · 26/04/2023 20:48

I'm getting job ads coming up and yes, the same job I did in 2010 is being advertised at 32k.

It wasn't that much then, it's peanuts now.

And this is a professional qualified, experienced role too.

Insane

BluebellBlueballs · 26/04/2023 20:51

BlackeyedSusan · 26/04/2023 20:26

Fucking hell

Show quote history

Similar ( not teaching tho)

Was earning 32k then, 50k now so actually less than what 32k is worth. ( although my inflation calc told me its worth 46k so don't see how 33 k is now 54)

I was officer level then, now manager and several grades higher!

Confused19831983 · 26/04/2023 20:55

I was on £12K, equivalent of £19.5K today.
Much better off today, earning several times as much as the salary once adjusted for inflation.

BluebellBlueballs · 26/04/2023 20:55

The only silver lining for me is that the difference between ft min wage and professional salaried roles is shrinking. DH lost his career in tech due to being a SAHD for 6 years and his skills became obsolete. He can only get min wage roles now, at least we are only missing out on 10-15k, not 30-40k. Every cloud....

BluebellBlueballs · 26/04/2023 20:57

With salary erosion making bedfellows with house price rises over the past 20 years or do how the hell anyone gets on the housing ladder these days I struggle to imagine

PurpleBananaSmoothie · 26/04/2023 21:01

I was a student in 2010, so from my first job in 2012 which was £18K is now £29K with inflation. I now earn £31K. That is with 5 job changes and a self funded masters, which cost approx £10K. Also moving between civil service and private, so it isn’t just civil service that hasn’t kept up with inflation.

CordeliaNaismithVorkosigan · 26/04/2023 21:05

Well, that was depressing. Senior public sector then and now (moved twice between roles in the period). I’m on £30K less in real terms than I was then.

BernadetteRostankowskiWolowitz · 26/04/2023 21:06

18.5k in 2010. Worth 30k today. I'm on 35k so that's good.

IbizaToTheNorfolkBroads · 26/04/2023 21:12

0.6 FTE on £25500 (full time salary) in 2010, which is worth £41,000 ish now.

I'm on £46,700 FTE, but up a grade, and 0.8 FTE, so it's hard to compare.

JimnJoyce · 26/04/2023 21:14

I was on £21k in 2010 which was equal to £34,400 and I'm now on £33,700. Exact same job at a competitor. No wonder i'm broke!

verdantverdure · 26/04/2023 21:36

Yeah.

I'm underpaid.

(AND everything is soooo much more expensive.)

Davestwattymissus · 26/04/2023 21:43

£95k salary back then, which is worth over £155k now!

I earn about a third of that now (downshifted and changed industry)

coolnice · 26/04/2023 21:43

This is fascinating

My first (shitty) proper job in 2000 was £11000 a year ft working in the NatWest call centre

Equates to £23688 today . It was shit money then and it's no better now 😂

lionsleepstonight · 26/04/2023 21:49

From £26 to £70k.

At least that calculator explains why I don't seem to have as much 'spare' as I would expect.

Rocket1982 · 26/04/2023 22:27

An interesting but depressing thread. Since I started my job in 2015 I have had a substantial promotion and risen to the top of my current pay scale (from the bottom) and actually my take home pay is worth slightly less than it was when I started. I have a lot more responsibility now.

IneedanewTV · 26/04/2023 22:33

2002 I got a new job on £30k. Today it is worth £62k. My salary is now £49k. So £13k loss due to inflation. It feels like it too.

Phos · 26/04/2023 22:38

In 2010, I had not long uni and hadn't a bloody clue what to do with myself. I was working in admin earning roughly £16,000 which equates to £26,247.90 now.

I since changed careers and now earn £75,000 so can't complain.

As an aside, I just looked and a similar job is currently advertised by that employer offering £22000 so it's not all that far off really.