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)

And from the school term after the child turns 3 they will be entitled to at least 15 hrs funded childcare per week (possibly from the term after they turn 2 dependant on what benefits).

Honestly it doesn't seem like you are working with 3 adults who are willing to work, because if they were willing to work then at least one of them already would be. There is no rational reason why any of those 3 adults if they really are all willing to work would have decided not to because of childcare costs because there is no rational reason why it would be a choice of 3 adults at home or childcare. 1 adult is sufficient to care for 2 children unless there are disabilities/learning needs in the mix that mean the children must have 1:1 care or one of the adults is not capable of being the sole cared. But even if that were the case that still leaves at least 1 adult with nothing to do.

If 3 of them earn then that’s completely different. Minimum wage FT jobs net a grand and a half these days.

So they all just need to earn any kind of job. And then between them they need to earn 500 extra which is less than an extra overtime day a couple of times a month.

Have you seen what that 85% is capped at though?

But you only need one adult to look after two children... Two could then work and they wouldn't need to pay for childcare!

They would be better off than a lot of families, being able to bring in two full-time wages without needing to pay for childcare.

As veterinarian I can make 6K and more a month. Took many years a change of career and a big financial gamble to go out and practise on my own.
My dad said, if work doesn’t feel like work you’ll enjoy your life.
wish I’d listen to him in my first career.

She has already outlined the GCSEs and A levels they each have.

I imagine it's some kind of scenario where there were other barriers to working. Such as caring responsibilities, a big trauma or similar.

This... 🤔

Husband earns around the 5k pcm take home mark. He's a very senior civil servant.
Me? I'm a TA in a SEN school. Pays better than mainstream, but still barely above minimum wage. Currently training on the job to qualify as a teacher. Then I get to take home more per month, but less per hour. Yay.

I need to invent me a bricklaying robot. Jesus.

You what…?

I'm wondering if the conversation was more along the lines of.. "it's not worth working unless we can earn 5k per month due to living costs and childcare etc."..?

I say that because it would be odd to set a salary target and then look for a job that pays that amount. Many of the jobs people have listed take years of training and/or (expensive) qualifications, or years of experience and working the way up. That's not to say it's not good to have that as a goal but a better starting point is surely what type of work do they want to do etc..

Far more feasible for them all to work on a lower salary (to start with at least) and to share the childcare between them.

Not being funny but they aren’t walking into a job paying that.

DH earns more than that by a long way and is a software developer. I earn around that and I am a retail buyer. But we live abroad and earned 1/3-1/2 as much doing similar jobs and working longer hours than in the UK.

Only Fans maybe?

If at least two of them work, the household will pay less tax than if just 1 of them works, because they will each benefit from their personal tax allowance:

I.e. if 1 person earns 30k, only 12500 of it is untaxed - they pay 20% tax on 17500 of the 30k (tax approx 3500 per year)
If 2 people each earn 15k each, they each have 12500 untaxed, so only pay tax on 2500 each, (total tax approx 500 x 2, so 1000 per year)

There’s NI on top, the above is just the income tax, but it’s worth bearing in mind.

Could they all work different shifts and save on childcare? It's what a lot of people round here do. I liked dh working similar hours to me, but fuck me, it was an expensive way of having him round to annoy me in the evenings.

Homestartvolunteer
Are you not aware that trades people are finally having their day.
All thanks to Tony Blair telling youngsters ( at the time) that they had to go to university.
That attitude led to the workforce we have now where people don’t want to get their hands dirty.

Respectfully OP I think you would be better spending your time signposting them to professional careers advice services etc, benefits advisors and so on. If you rule out one of them (and only one!!) to care for the two children to eliminate that cost, the other two need to work in an 'ordinary' job in order to bring in the money required. Where did they get this magic figure of £5k from? Presumably it includes childcare costs as we are running a mortgaged 4 bed house, car etc on less than that per month because we don't have any childcare costs at present. My partner would have to earn about £90k to take home £5k a month after deductions, or we could both have jobs around the £40k mark to have the same total but lose £1800-2000 a month in childcare fees. Once you go over £50k child benefit slowly vanishes and tax free childcare and 30 hours also goes when you get over £100k so in that scenario they'd be better off aiming to have two adults less than £50k with the third doing the childcare.

But do they really need £5k net per month?

Accountant here. I earn about that a month but it’s taken me a degree, a professional qualification and 16 years to get here.

Remember 2 earning £40k will take home more than 1 earning £80k as the tax will be less. You also would keep child benefit.

i hate to say it but what you are looking for probably doesn’t exist without a lot of hard work and number of years experience.

And the marvellous job they do! These buildings are crafted with such care and passion.

This is correct

A salary of nearly £400k (after tax??) is phenomenal - can I ask why field of sales you are in?

to earn that at 23 is amazing - therefore I assume you had only a year or two experience.

I need to know more - and I need a career change😊

District judges get £110k gross.
Obviously takes a good few years to get there though.

Three salaries of £23k would net almost £5 per month and seems much more achievable. So look for a job where maybe 4 days each would bring in this much and between them they should cover the childcare. This is much more realistic than one of them earning £100k

Pilot.