Active discussions

Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

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 do people consider a good salary?

93 replies

user1471267414 · 04/08/2023 07:33

I am on 60k plus a 20k bonus and hoping to negotiate a pay rise. What do people think is a good salary?

OP posts:
CrapBucket · 04/08/2023 07:34

Regardless of the job you should definitely get at least £84,425 per year and free lunches.

Imknackeredzzz · 04/08/2023 07:34

CrapBucket · 04/08/2023 07:34

Regardless of the job you should definitely get at least £84,425 per year and free lunches.

😂😂😂

whiteroseredrose · 04/08/2023 07:38

user1471267414 · 04/08/2023 07:33

I am on 60k plus a 20k bonus and hoping to negotiate a pay rise. What do people think is a good salary?

Depends on the job. £60k plus £20k bonus is an excellent salary for a street sweeper and poor for a CEO.

20 years ago I was a Sales Manager in Pharmaceuticals and my basic was £50k plus 40% bonus. The salary was OK but not exceptional.

Interested in this thread?

Then you might like threads about this subject:

Employment advice
Ginmonkeyagain · 04/08/2023 07:43

What about other parts of the package? What is the pension, holiday allowance, healthcare?

How does it compare with similar jobs in the market.

MoralOrLegal · 04/08/2023 07:43

60k puts you in the top 10% of earners.

User142876498 · 04/08/2023 07:45

Probably about £200k

TheOldLadyOfThreadneedleStreet · 04/08/2023 07:47

An immediate 25% pay rise please

CatsOnTheChair · 04/08/2023 07:50

I think 60k is a pretty good salary.
The 20% bonus makes it 80k, which is definitely good - that's more than our household income and we are very comfortable.
However, what you actually need to know is salaries for equivalent jobs and responsibilities. If those are 90k, plus 30k bonus you need to negotiate hard. If simular jobs are 50k and no bonus, I'd suggest you keep quiet.

piglet81 · 04/08/2023 07:52

One meeeellion pounds.

Susuwatariandkodama · 04/08/2023 07:54

For a single person to be earning I think anything over 40k is a good salary, if over 50/60k I’d say it’s a very good salary.
Our household is under 40k with two people working.

WaitingfortheTardis · 04/08/2023 07:55

Personally I think that sounds like a good salary.

maddiemookins16mum · 04/08/2023 07:55

It’s MN, anything under 100K a year is considered min wage.
I earn 22.5K full time - DH 32K. We’re not wealthy by any means (mortgage is £756 a month).
A good salary is one you can live on without too much worry or living on spaghetti hoops for the last week of the month, be that 22.5K or 600K a year.

Iwantmybed · 04/08/2023 07:57

Of course it's job and experience dependent.

If you'll never earn more than £25k then anything above than is seen as a good wage.

For me personally, I'm at a stage where the wage isn't the most important thing. I have other job perks which make my average pay more than OK.

ZenNudist · 04/08/2023 08:00

250k

vdbfamily · 04/08/2023 08:01

I am senior in NHS, have worked for nearly 35 years, earn about £50,000 and have never had a bonus. Your salary sounds great but it does depend what you do I suppose.

TogetherInEclecticDreams · 04/08/2023 08:01

How long is a piece of string? I'm 50, retired on health grounds, so not a great salary but I'm mortgage free in a beautiful area, kids are grown with only one still in education (higher), drive what most would view as a nice car and holiday several times a year.
If you rent in Central London with four kids and are a single parent that's very different to my circumstances.

RoyKentFanclub · 04/08/2023 08:04

Depends what you do. In my field around £200k. But clearly it’s entirely job specific.

BumpyaDaisyevna · 04/08/2023 08:05

£20k more than you actually earn 👍

PrivateSchoolTeacherParent · 04/08/2023 08:07

vdbfamily · 04/08/2023 08:01

I am senior in NHS, have worked for nearly 35 years, earn about £50,000 and have never had a bonus. Your salary sounds great but it does depend what you do I suppose.

Ditto, except in education!

BLT24 · 04/08/2023 08:10

A good salary is one you can live on and enjoy your life - whatever that means for you. For me that means a home I’m comfortable in and money to do/buy things I want on a regular basis. Plus enough savings/insurance policies in place should anything happen to our incomes and to maintain a similar lifestyle for retirement.

Shayisgreat · 04/08/2023 08:13

60k with a 20k bonus sounds lovely to me. In my field people make that in senior management. Depends on the area of work you're in as my dh would think it's too low for his role and industry.

NutellaEllaElla · 04/08/2023 08:15

This is Mumsnet so 12 million pounds

Heatherbell1978 · 04/08/2023 08:15

I earn around the same as you (but salary/bonus split differs) which I am happy with and accurately reflects the job I do. DH earns a bit more. As a couple with 2 DC we have a comfortable but not flashy lifestyle and I'm happy with that. Amongst some of my friends I'm a lower earner but they spend a lot more on holidays, cars etc which I wouldn't do even if I earned that. So it's all relative to the life you choose.

limons · 04/08/2023 08:17

Shall we get this thread wrapped up?

It's ok, not high, £200,000 is high.

You're in the top 10% of earners, this thread is SO tone deaf

That wouldn't buy a caravan by me

Oh but it's all relative isn't it, you could buy a castle in "the north" but you'd be on the breadline in London.

Umm have I covered everything?

Singleandproud · 04/08/2023 08:17

It depends on the job but also your outgoings, if you are the type to cut your cloth or one who wants shiny new things.

Anything above £28000 gives me a pretty good basic standard of living, I can cover repairs, go on holiday etc no real money worries apart from how much the car is going to cost to fix. But I own my own (small) home outright and don't chase the newest tech or live on credit for cars and things.

Swipe left for the next trending thread