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

[homestartvolunteer]

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)

you forgot tax, NI etc

net pay is after those deductions so 5k take home is 60k which would mean a gross income of 90k plus.

After 5 years

That's OK.

Calm down

Your correct op, wow might be reasonably good at maths but reading isn't as strong

Wow your reading might be reasonably good but your writing isn't as strong...

I work two days a week and net / take home about £5k / month. I trained as a solicitor and am now a contractor working on ad hoc projects.

So am I but I earn nothing like that!

DH is a senior engineer and a specialist in his area earning 100k so is take home about 5.3k per month after tax & pensions.

Im in HR projects and on 71k but not a full FTE so my take home is lower.

Is the household need 5k per month, so actually one of you doesn’t need to earn 100k+ but three of you can earn 35k each?

No training and minimal work experience but all have qualifications so there’s potential I think. We have had conversations over the last few weeks (initiated by them) but it’s hard to work out how they’d manage given they’d need childcare which is so expensive as the couple have a toddler and their adult dd at home has a child too so x2 childcare.
Both In the couple have gcses (good grades too) , Mum has 2 a levels . Adult dd gcses and A level so all intelligent but some bad circumstances have led to some issues and they are so keen to work

I’ve suggested they speak to their benefits advisor as well 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.

I literally don’t have a clue as work part time as a SE cleaner and then volunteer but I don’t have rent etc. I’m just looking for some inspiration for them

Same. I just choked on my water!

What is £60k per year post tax and NI and possibly pension contributions? I'm guessing £100k plus gross annual salary in a standard PAYE situation rather than freelance which comes with a ton of tax saving loopholes.

True - I was on the wrong point of the pay scale

I get 5.5k a month but put a fair amount into pensions- am on. 125k.

sales admin in investment bank. Got lucky

Yes this is possible but I wasn’t sure if that would be feasible as childcare is so expensive , they were talking about one of the couple looking for work and then the 2 not working to do childcare

To earn 5k a month with just a couple of A levels between them isn’t going to happen very quickly.

Nope, 13.5% pension contributions, so it’s 9 years to actually clear £5k take home.

You’ll be getting £4800 on year 5.

Get them to look at apprenticeships, OP. Good basic qualifications but no experience is actually a reasonable clean sheet to start with.

www.gov.uk/apply-apprenticeship

@homestartvolunteer would any of them be up for becoming childminders if they've got young children themselves?

Id recommend the young adult tries to find an apprenticeship if there's something she's keen on doing. It'll be minimal salary for the first 12-18 months but could definitely soon shoot up after that, especially if it's a level 4 apprenticeship as she already has A levels

This is my DH. Except his pension contribution must not be quite so healthy

I will find out . I’m just so clueless ! I want to help but I don’t have the knowledge and they are such a lovely family

Consultant on 5k nett 10k gross

DP is a software architect for a US financial firm

"Head of" something within a housing association would get that. Be that development, land, comms, legal, marketing etc

I make that as an exec assistant. But I work in the Middle East so am judged harshly on here. It's the no tax bit that makes the real difference. And minimal bills.

The 60k is take home, so after tax, pensions etc.