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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:
vodkaredbullgirl · 04/08/2023 19:55

I would ask them to squeeze in another100k, if I was you.

vdbfamily · 04/08/2023 20:05

Lysianthus · 04/08/2023 19:49

I'd have loved a City bonus. Tbh, the irony of the government giving NHS bonuses and then taking 40% tax back was not lost on me. It took us into a higher tax bracket! Jeez. I'm not ungrateful but it stung a bit.

I had that last year when everyone had a backdated pay rise. My pension contributions went up so much that I got minus several hundred pounds that month😭

FrivolousTreeDuck · 04/08/2023 20:27

Anything over £40k in my book. I know Mumsnet would add another zero to that 😄

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SadButStillTrue · 05/08/2023 12:59

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?

Well you're already over double mine, so I think yours is great!

Ralye · 06/08/2023 13:22

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.

This.

Appleofmyeye2023 · 06/08/2023 13:37

CrapBucket · 04/08/2023 07:34

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

No, £86,584 now since April

but that is “not enough to pay for my house to be redecorated, or my polo fees, so I’m only just making ends meet. I must get a second job paying £100,000 for talking for 1 hour “

🤷🏼‍♀️.

Solaire · 06/08/2023 13:44

Surely it depends on what you do? How much work is involved, how many hours do you work? Do you have a poor work / life balance? Large mortgage? Etc

My dh and I are not high earners but our jobs are enjoyable (most of the time!) and stable.
We never bring work home with us and it’s stress free. We have a healthy work life balance which is very important to us as a family. Our mortgage is low & we are comfortable. We can’t afford big extravagancies but that’s not important to us. As a pp said, it’s all relative to the life you choose.

TorrentiallyWretched · 06/08/2023 13:47

At £80k pa I’d hope that someone would be wise enough to realise that this is a pointless and undefinable question.

Spacemoon · 06/08/2023 14:07

It's all relative. DH and I have a combined salary of around 55-60k and this is good enough for me. We can pay our bills comfortably, have nice days out and at least one nice holiday a year. Other people would think that was a poor salary for a single person, let alone a couple. Others would be happy with much less!

It depends on your lifestyle, the job you do and your expectations and aspirations.

Sillymummies123 · 06/08/2023 14:08

This thread really surprised me! My perception from having read some of the vitriol on MN was that we had a strong working class / authoritarian base.

Reasonably, for a nuclear family with a mortgage of between 600-1000, house take home income to have a "nice life" needs to be 4000-5000 minimum, surely?

Nice life for me being defined as being able to buy clothes, presents, have a reasonable number of holidays/days out/activities, deal with home or car emergencies and still have left overs for a decent amount of monthly savings.

jwall1 · 06/08/2023 15:06

Depends on the industry and the rest of the package. Annual leave, pension etc? I'm on similar, husband on about 90k with excellent benefits and we're just comfortable

Dibbydoos · 06/08/2023 19:24

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.

When maths isn't your strong point but you've got your head screwed on, lol!

Dibbydoos · 06/08/2023 19:34

Pay and rations are relative, @user1471267414 What job you do, how well that job is valued, also how well regarded you are in the workplace.

£80k sounds like a lot - take hone at most is £4,621pcm, but once you've paid pension and covered tax on benefits, you're likely to be at £4,200pcm. This is fine if you're doing a mid senior role and your lifestyle fits the budget. In terms of a pay rise, you need to ask for at least £5k more as cost of living woes are not going away.

For me a good salary in London is £150k and elsewhere is £120k. But it's likely those salaries come with pressure.

user1471267414 · 06/08/2023 21:46

I’m sorry but this is really patronising. I just wanted people’s views on what is good I didn’t need you to give me a breakdown of what my monthly wage is and what pressures come with what salary

OP posts:
BCBird · 06/08/2023 21:50

I'm a teacher. I think that is a good salary.

BlueBlubbaWhale · 06/08/2023 22:12

Anything over 35/40k

Whyjustwhy123 · 06/08/2023 22:49

Are you for real?

Do people have any idea what most people earn?

Your salary is very good.

Whyjustwhy123 · 06/08/2023 22:50

BCBird · 06/08/2023 21:50

I'm a teacher. I think that is a good salary.

Any yet your profession has just got hammered in the press for daring to ask for a pay rise.

I wonder would we have retention problems in schools and with nurses if they earned what the OP earns? I am going to guess not!

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