If you earn over £100k

[polonnnn]

What do you do? How long have you been doing it? What qualifications do you have/how did you get into it?

Working in the NHS and considering leaving to peruse a career with higher earning potential.

Because mumsnetters hate men and in particular husbands and in particular wealthy husbands.

yes ignore the reasoned responses as to why it frustrates some users and dumb it down to an ignorant and petulant, tantrum of a comment.

I thought you worked in greggs, Anne?

I don’t think mumsnet hates men they hate women who think they are an extension of their husbands and so the husbands wage is in essence their wage.

In the same breath they also like to state that SAH wives are pivotal people for their role in allowing their husbands rise to maximum career success. And also that finances SHOULD be shared in a marriage and anything other than that is financial abuse.

In short we’re in it together except when we’ve decided you’re not in it together for the purposes of threads like this.

Hope that’s clear.

It’s nothing to do with hating men or rich husbands.

it’s about wanting to hear real experiences from women succeed in what is still a male dominated workplace. Not from women who watch their husbands succeed in a system which is already set up to benefit them.

of course women can do the roles the husbands do. But it is harder to get there. Fewer women get there. We are treated differently once we do get there. I am the only female director - five others all male. My experience is different to theirs.

I don’t hate my male colleagues - some are amazing, some have become life long friends. But I know it will be harder for me to make the next step. And I don’t have their inbuilt confidence and contacts (and old school friends) - and I don’t play golf (yes it’s still a thing!!!).

a lot of the comments are I assume from
women who haven’t sat in the boardroom as the only female.

women only make up 25% of higher tax rate payers in the uk. That proportion gets smaller above £100k.

Interested to see all the civil servants claiming to be on 100k when most SCS roles are around 73k and it's very difficult to get above that in the current climate. Could some be exaggerating a little?? 😀

That is the rock bottom of the senior civil service scale.

https://www.gov.uk/government/publications/senior-officials-high-earners-salaries

@Torven well no one has said what level of SCS, £73k is for SCS1, a quick Google shows nearly 40,000 government workers were earning over £100k in 2011. DDaT and London allowance can account for a fair chunk, external candidates can negotiate more. If you're going to lie about being a higher earner you probably wouldn't say CS!

😆

I’m certain it wasn’t “just luck”. Allow yourself the credit you undoubtedly deserve x

@Buildingthefuture that was for you!

My current role is in IT risk management in a financial services multi national company.
I completed a graduate programme placement with a very well known US company after a four year business and economics degree. My final degree grade was lower than expected. I loved college and partied like the Queen.

I took a five year career break back in the day where women were expected to explain why they took time out of the workplace. Thankfully those days are over.

I returned to work full time when my daughter was seven. She's 14 now. My salary and responsibilities have increased many times over the last few years. I'm also now separated as ex didn't have my work ethic which was fine but never picked up the responsibilities at home either.
I now volunteer and coach kids for college work placements, win win as we get first dibs on talent.

Luckily I had amazing role models and access to mentors over the years, happy to pay it back now.

OP - I hope you come back and tell us a little bit about what you do / currently earn.

I make £55k in the NHS (non clinical) and have thought about leaving for a private company. But I have a great work life balance. I leave work at the door and generally only work my hours. And when I’m at work, I work my ass off, but I’m not pulling my hair out or being screamed at or squeezing so much in that I can’t pee or make a cuppa. I can be flexible and work around my family too. I wonder at what level that changes? I guess it will change job to job, industry to industry, and probably not a dramatic step change but incrementally. Essentially the exam question here is: is earning 100k+ worth it?

Law. I hit six figures at 30, having done a degree, postgrad, poorly paid paralegalling work, pupillage to qualify and then around five years on the job experience. It's well-paid now but certainly not an easy route.

Sales in Financial Services, started as a junior temp and have worked my way up over the last 20 years.

After teaching 14 years, worked as in house Financial Adviser for Insurance Company, took professional exams, then after 5 years trained/managed team of 20+ around £100k + perks eg car, mortgage paid, health insurance etc. 2 children. Subsequently set up own company as IFA (Independent FinancialAdvisor) also £100k + but more freedom to plan own work etc. Very enjoyable.

DD hit £200k + after 8 years call as barrister. So, need excellent academics, Law degree, ( or Law conversion course), 1 year Bar Course, 1 year pupillage ( 5/6 years training in all.) plus the 8 years. 13/14 years total. (Mainly self employed so no employed perks ie pension etc. but some are employed) People do enter profession after careers elsewhere if experience relevant ( wide range of specialisms - medical negligence / public eg) but it's desperately competitive, need huge amount of self belief and hard work. (Scholarships for Conversion and Bar courses available for best candidates. Pupillage year guaranteed earnings of varying amounts upto £60kish if you'e lucky.) She loves it. 1 child so far.

I have no GCSEs my husband has 1 (in art) we run an estate agency. He started at 19 after we had our first child and was running his own by 26 years old after we’d had 3 children.
roll on 10 years later and it’s still going strong.

CrapBucket · Today 21:00
I’d love the high salary but the jobs all sound so boring or not ethical enough for me. I don’t think I like money enough to be a high earner.”

Completely understand that. But … my husband is now a (relatively) high earner but he works in a public sector job. Every time he gets it right (and he hasn’t got it wrong yet, 16 years into this particular job) he benefits thousands of other people with public sector pensions. There’s something pretty great about knowing that you’re securing the futures of so many people.

With his experience and expertise, he could command a great - great - deal more in the private sector. He feels we have more than enough though and the job satisfaction is a very real benefit. In return, we get decent working hours, enough money to cover our needs and more and a guaranteed pension.

Financial services - director of a large change programme team, technology based. Got to £100k after around 12 years of working. Now after 20+ years, closer to £200k. Could go higher, but the effort/reward ratio starts to tail off quite drastically after £150k, when you’re taxed at 50% and need huge pay rises to notice much difference each month.

🤣 IYKYK

i know a lot about public sector pensions and I have to say this post makes no sense at all!!

I think this reinforces the point that people should post about their own experiences and careers and not careers they hear about from others.

Good point. Ironically I have more flexibility now the more senior I am.
When the boys were small and were frequently sent home from crèche due to various bugs etc it was very difficult. Partly why I took time out wh DD was small.
I control my own diary now, it's amazing after all the years of worrying about school pick up etc, I now block out my diary for 30 mins every evening to collect DD. I still prioritise dropping DS to school.
These are the most enjoyable parts of my day and I make up the time by starting earlier than most. It works for me and my company.
Flexibility work both ways.

Have you looked at your overall package OP?

like benefits/pension etc? I’m a headhunter but am an owner of my business so I’m paid like a Director. I’d say for tax purposes I take about £50k net, I then put about £40k into my pension from the business - I also pay for my gym, business coaching, car etc out of the business,

I started 15 years ago, building my network and skills etc working in large and boutique businesses.

I’m not sure what £50k net would look like grossed up.

i know a lot about public sector pensions and I have to say this post makes no sense at all!!

I think this reinforces the point that people should post about their own experiences and careers and not careers they hear about from others.”

I guarantee that you do not know as much as my husband does about public sector pensions.

£165K basic, total package (inc medical, bonus and pension) about £215K

I'm a lead business analyst in the tech department of a financial services company. As a lead, analysis is only a small part of my role. The rest is a mixture of team leading, mentoring, troubleshooting, planning and project management, and a lot of political nous.

I started as a computer science grad 20 years ago on about 25K basic and found I enjoyed the work and the sector. I have moved around a few times, usually because the current company wasn't interesting me any more. I broke 100K about 5 years ago.