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What job would have a take home pay of approx £5k a month?

385 replies

homestartvolunteer · 23/05/2023 18:02

I’ve been trying to work something out and just wondered - what sort of job/career makes that’s sort of amount (5k per month / £60k per year actual take home amount)

OP posts:
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6
BanditsOnTheHorizon · 24/05/2023 12:24

Senior 3rd line technical roles within IT
Programme manager for Telecoms company
A lot of senior contract roles in IT, both mgmt and technical would give you that take home

alargeoneforme · 24/05/2023 12:40

Quisquam · 24/05/2023 12:05

So many people who don’t seem to understand what ‘take home’ means. Which is quite astonishing, really!

I can assure you we understand the difference between gross and net pay. I have done quite a few payrolls in my time.

It's not aimed at everyone. It's just that a huge number of people on here HAVE misunderstood the OP.

alargeoneforme · 24/05/2023 12:40

BMW6 · 24/05/2023 10:45

I am astounded that a person with no experience or training in Careers Advice is trying to guide people with only basic academic achievements into careers which will get them take home pay of £5k pm.

Beyond ridiculous.

Well yes, this too!

Interested in this thread?

Then you might like threads about this subject:

catsnhats11 · 24/05/2023 13:37

alargeoneforme · 24/05/2023 12:40

Well yes, this too!

Something tells me that the OP has good intentions but the adults involved have zero intention/chance of getting 100k jobs, more that they claim that's what they'd need to earn to come off benefits (to cover childcare etc).

Saschka · 24/05/2023 13:47

catsnhats11 · 24/05/2023 13:37

Something tells me that the OP has good intentions but the adults involved have zero intention/chance of getting 100k jobs, more that they claim that's what they'd need to earn to come off benefits (to cover childcare etc).

It’s entirely possible that £100k is the income you would need to replicate their current lifestyle on benefits, if they live in a high-cost area (a two bedroom flat around here is £2k per month), are planning to put both children in FT childcare (full time nursery £1500 per month per child) and to have only one person work. Though it does beg the question what the other two people are planning to do all day while the children are at nursery.

Obviously that isn’t what anyone would do in reality, you’d have all three people earning £25-30k which is far more realistic, and only have the children in part time childcare/use UC credits to cover some of the cost.

OP, if these people have adult children and both have literally never worked before, they aren’t going to start now. The daughter might though, so I’d probably focus on her getting some kind of job.

Gough20 · 24/05/2023 13:49

Senior Police Officer, Armed Forces, Civil Service etc.

GoodChat · 24/05/2023 14:06

I'm actually gobsmacked that they're still expecting 2 of the 3 parents to be able to stay home full time when they want that kind of money

JeandeServiette · 24/05/2023 14:40

OP said early on "but I was just looking at rough figures with them for childcare and outgoings and they’d need so much but with 3 adults willing to work maybe between them it’s doable."

So they're not expecting one adult to earn all the money while two stay at home.

OP also said that it's two parents and an adult child. So not three parents.

Maybe the general idea was to aim high?

GoodChat · 24/05/2023 15:05

JeandeServiette · 24/05/2023 14:40

OP said early on "but I was just looking at rough figures with them for childcare and outgoings and they’d need so much but with 3 adults willing to work maybe between them it’s doable."

So they're not expecting one adult to earn all the money while two stay at home.

OP also said that it's two parents and an adult child. So not three parents.

Maybe the general idea was to aim high?

The adult child has a child

JeandeServiette · 24/05/2023 15:21

The adult child has a child

Yes but there are two households. The grand/parents have a toddler. The adult child has a toddler. Where was the suggestion that two adults would stay at home, one would work and they'd completely all pool all of the finances?

I read it that they all needed jobs, were preparers to support each other to an extent and maybe the implication wasn't that they weren't sure who would succeed best.

Boomboom22 · 24/05/2023 16:05

OK. So yes uc will pay up to 85% of childcare if they work enough hours and earn little. They will no doubt be better off than many who earn more due to this. You do not need huge take home pay for childcare. Even beyond uc tax free childcare pays 25% until you earn 100k so 99k each parent is fine.

Boomboom22 · 24/05/2023 16:07

Also op tell them to put scenarios into entitledto or other uc calculators. It will tell them the difference in help available for diff earning jobs etc based on pay.

skippy67 · 24/05/2023 17:06

25yo is on £73k. He's a lawyer at a London firm.

mel71 · 24/05/2023 17:47

My son is on 195k working in a senior civil service job - he clears about 9k a month - 58% tax.

callhermum · 24/05/2023 17:53

Online business — easily scalable with little overheads.

fedupwithcookingfromscratch · 24/05/2023 17:56

Freelance TV production as a Ltd Co so you pay 20% Corporation Tax. For anything higher than Producer level, you’re on £1700 plus per week. But you have to stay in work though! Not easy!

GoodChat · 24/05/2023 17:57

JeandeServiette · 24/05/2023 15:21

The adult child has a child

Yes but there are two households. The grand/parents have a toddler. The adult child has a toddler. Where was the suggestion that two adults would stay at home, one would work and they'd completely all pool all of the finances?

I read it that they all needed jobs, were preparers to support each other to an extent and maybe the implication wasn't that they weren't sure who would succeed best.

The OP said this they were talking about one of the couple looking for work and then the 2 not working to do childcare

masterblaster · 24/05/2023 17:59

Senior Professor, including consultancy.

Daisychainreactions · 24/05/2023 18:02

My DH makes that a week at the moment repairing potholes for local councils. 7 days a week and brutal hours but the work won’t last forever so he’s taking it whilst it’s there.

boodlesandpoodles · 24/05/2023 18:04

I clear £5.5k a month (after pension contributions) senior management (marketing) in a tech firm.

TMess · 24/05/2023 18:07

DH is a builder. His employees (both men and women fwiw, it’s not a strictly male job these days!) take home 5-8k a month.

FedUp7Up · 24/05/2023 18:13

I used to work in recruitment and the jobs I’d see with similar salaries would have been:

  • Forklift driver/heavy machinery operative.
  • Engineers - Especially those in tech (cabling, pulling wires, regional site engineers, etc).
  • Data Protection/Security Analysts
  • Infrastructure Managers
  • DevOps people, mainly more senior people

Other roles with salaries that are quite high would be medical field salaries, senior financial people, senior law people, etc

WillaHermione · 24/05/2023 18:13

Stockbroker Analyst. The one I know earns £140,000 so after tax,NI and pension take home is a little over £5000 a month.

Similarly a Stockbroker could earn similar money.

Bunny44 · 24/05/2023 18:14

I work in tech and I'd say: senior technical roles, Sales Director, Customer success manager, Marketing Director, Sales Engineer, some developers, IT Director. Basically senior technical roles or Director or head of department roles get around £100k or more, sometimes a lot more with bonuses, which would mean you'd clear £5000 after taxes and pension deductions. Should say those jobs are headquartered in the South East. In some cases you can get senior manager roles also making £85k+. The nice thing about Tech is that there are entry level (non technical) roles are quite accessible, and they tend to promote on merit - so if you work hard and do well they'll work hard to retain you.

Bunny44 · 24/05/2023 18:17

WillaHermione · 24/05/2023 18:13

Stockbroker Analyst. The one I know earns £140,000 so after tax,NI and pension take home is a little over £5000 a month.

Similarly a Stockbroker could earn similar money.

This would be way over £5000 a month, unless they're paying absurd amounts into their pension.

Use the online salary calculator which will crunch the numbers for you