If you make 100k+, what do you do?

[fedupofbeingbroke]

I'm just curious. I have two degrees, one being a masters, studied hard, worked hard and still don't make that much money (having DC set me back but was unlikely to have made more than 60k ever). If you make 100k+, what job do you have? How did you make your wealth?

No, you don’t pay tax. Your husband pays tax.

How is this conversation being taken over by Sahm trying to prove you can’t be a high earner as a single parent or without the other parent we quitting work.

Or trying to claim their partners earnings are their earnings?

I didn't claim anything I asked.

I was a partner in a London City law firm (one that specialises in acting for insurers) and at my peak (of stress as well as salary) earned about 200k. I now work for the same firm in a non client-facing capacity, related to learning and compliance, and I earn 107k for 4 days’ work with only one day per week when I work past 7pm.

I got to this point after long years at the beck and call of partners, two years in-house at a client that gave me valuable insider knowledge, a 5 year stint in an overseas office and an offer from a rival firm that allowed me to negotiate my salary up in order to stay.

Statistics. Now in role with statutory responsibility - to calculate and sign off minimum assets my employer needs to have to maintain solvency.

Have moved jobs, going from one subset of my industry to another. Also showed value by being re-employed by a previous employer ( in a different role).

"Took a punt" at some stage by applying for (and subsequently getting) a role that one the face of it looked too senior for me. Which gave me a very senior title on the resume.

Also made a mistake at a certain point by applying for a role without considering all factors. Left after 6 months, and admitted in a straight forward way to having made a mistake with that in subsequent interviews.

(My husband at the time also had a similarly senior job, so by the logic of some here would I be considered to earn my salary and his😜?? Coz I suppose I supported him?
What about vice versa - would he by that logic be considered to be earning both his salary and mine? Coz surely he also supported me 😂😝)

Me hospital dr ( husband also earns similar despite my inability to support his career as I was also building mine…)

Absolutely.

Salaries are not vicarious.

£140k. Executive officer. I am fucking amazing at my job. My husband earns his own money.

Well said @Alwaysdecorating

COO for a global data company. £250k plus good bonus. Mid 40s, 3 tweens at home.

Why would you ask if you didn’t think it that’s how it was?

HR

Big tech ( American company)

Can ask the career path to COO that you took and any advice regarding the role.

I am considering this as my next big role.

Very outing!

I'm a teacher (with responsibilities and experience) and earn £60k - a secondary school headteacher would be on £100k ish plus. Then you have CEOs on top of them.

Executive officer in which industry doing what though? Otherwise it’s just a job title like “Director” and could be anything.

Tax Director, Big 4 in the North - £120k

You probably need an accountant.

I work in financial services for a well-known bank as a marketer. I studied business at uni and then just made sure I moved jobs every 1-2 years. I’ve found that’s the best way to keep getting pay rises, especially as a woman in financial services/tech which is heavily male dominated. I’ve asked for pay rises at companies and been told no, and then been offered them anyway when I say I’m leaving. By then it’s too late.

Lawyer on about £210k, have 2 kids of 3 and 1 - husband does similar so we have lots of help - 3 months may leave each time.

Responsible investment management. Love the work, it feels worthwhile and I have a good work-life balance (8am -6pm ish) while earning a good 6 figure amount. I feel remarkably lucky tbh.

Corporate lawyer. No longer in the City but still make £100k+. 2 degrees. 40’s with 3 school age DCs.

PrincessPeaches123 you’re entirely missing the point! We want our women to earn well , to be able to be independent, to be in a sharing relationship where both partners can have a good career. Not one do the washing/cooking/ childcare and the other have a dazzling career earning well.

@TookTheBook

how do I research "becoming a consultant" based on that definition of it covering literally everything and anything in all sorts of industries

Don't research, think.

Consultants offer advice and expertise to client organisations to help them improve their business performance. Their work can focus on operations, strategy, management, IT, finance, marketing, HR and supply chain management across a wide range of industries and specialisms.

Why is someone going to pay you to tell them how to run/change their business?

Because either you have a track record in a their industry, or in a certain type of problem accross different industries, or someone is vouching for you.

So that's the answer to how you get into being a "consultant". You either

1. work up through the industry as an employee, building experience, reputation and connections, then at a certain level set yourself up as a consultant or join an existing consultancy (high work, low chutzpah route)

2. establish a reputation in a certain type of problem by doing it once and getting a similar job off the back of that, post a lot about the topic on linked in or medium, speak at conferences, then set yourself up as a consultant or join an existing consultancy (low work, high chutzpah route)

3. join a big name consultancy as a graduate and be sold to clients on expertise you don't have until you can jump to either 1 or 2, or become a partner and sell the new generation of grads to clients (high work, high chutzpah route).

Then you have investment income of £50k+, not a salary of £100k+.

I don't. Only know a few. Tax partner for PwC. Employment lawyer partner.

£113k as a consultant hospital doctor if I was full time but I work slightly less than full time so £96k. So five years in medical school, appointed as a consultant ten years after finishing in uni. Very happy school on free school meals, first in my family to go to uni