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Can we talk about money?

193 replies

BrandySnaps1 · 28/03/2024 12:48

Seeing a lot about the national wage being £35k.

As women can we share our stories, age and salary? I'm 35, been in my industry for around a decade. Currently on 45k, going up to 46k after a little negotiation. Just started the role and am pregnant.

Dont think my new employer was happy (I told them wayyy in advance when i was jus gone 12 weeks) and not expecting any kind of maternity pay from them as will only be in the job 6 months before i have to leave.

Some of my friends get paid 70/80/90k in finance. Whats the average of everyone here?

OP posts:
fieldsofbutterflies · 29/03/2024 12:57

FlabMonsterIsDietingAgain · 29/03/2024 11:27

I really cannot get behind this horrible trait some of the people on here have of trying to devalue what others have achieved.

I didn't get into a high paying role by luck. I come from a working class background, lost one parent to suicide and the other to a terminal illness by the time I was 25. Bog standard comprehensive schools, no degree, big family so we weren't taken on fancy holidays or enriched with extra tuition or networking opportunities.

I made decisions that held risk but ultimately paid off, I sacrificed personal time and time with my family, I worked long days often well into the early hours, looked for and fought for opportunities and I cultivated a reputation for being really good at what i do.

You are lucky in that you have intelligence and good health, as well as no disabilities or conditions that prevent you from working long hours and taking risks. That doesn't mean you haven't also worked bloody hard and overcome a lot of challenges along the way too.

Margaritavillee · 29/03/2024 13:07

AnotherStripyZebra · 28/03/2024 22:39

Shout out to everyone reading these posts who are earning a normal salary. This is exactly why social media is so damaging.

Edited

There’s no such thing as a “normal” salary everyone’s reality is different.

PartTimeTeacher · 29/03/2024 13:35

@Rhdlj, forgive me if this has already been asked, but what is your role? I'm a PT teacher earning similar to you. The stress of my job is seriously impacting me. I'd love something flexible and stress-free like you describe.

Interested in this thread?

Then you might like threads about these subjects:

Margot2020 · 29/03/2024 13:53

Starseeking · 29/03/2024 11:52

Amazing, love to see it! This is a similar career path to the one I've taken, and I'm looking to secure this sort of package for my next role.

Good luck!

Rhdlj · 29/03/2024 19:12

PartTimeTeacher · 29/03/2024 13:35

@Rhdlj, forgive me if this has already been asked, but what is your role? I'm a PT teacher earning similar to you. The stress of my job is seriously impacting me. I'd love something flexible and stress-free like you describe.

I work for a consultant mainly proofreading the documents he writes. I also do other administrative tasks he needs me to do as and when. Some written work, bit of audio typing, summarising long documents into manageable chunks of information for him etc. It's just reading and writing tasks mainly which suits my skills well. I would find teaching very hard I think!

southtower · 29/03/2024 19:24

I earn about 25k per year but probably only work 15-20 hours a week; less in the school holidays.

Self employed Mental Health professional.

NameChangeAsICouldBeOverReacting · 30/03/2024 08:19

HelgaGPataki · 29/03/2024 12:42

@NameChangeAsICouldBeOverReacting yeah of course! I have worked in IT for years, doing IT solution analysis, architecture & BA roles and also briefly as a scrum master - so where I am they were looking for people who can understand both IT and business outcomes and be a bridge between the two. So when you're applying to roles make sure your cv is reflecting the things in the job description and apply them to things you've done in the past. It tends to get you through the screening process and then you have way more of a chance when you get to a f2f interview. Product ownership is really just having a vision and roadmap for the things you own and making sure you can understand the benefits and prioritise the things that will bring value to the business (& be able to articulate them to the people that will fund them!) It was the same for me, it's always something I'd wanted to do and it's really interesting so far! Hope that helps!

Thank you, that’s really helpful! I currently look after a backlog and prioritise the items but it’s all for experiments but sounds like I could transfer that knowledge.

I probably need to look into getting some scrum training etc but find life is hard to find time when you are working full time and have a toddler. I’m exhausted after work and doing bedtime and weekends we try to do a lot of family things! Need to get better at organising my time.

savagecraic · 30/03/2024 08:38

Solicitor by profession working in local government senior management. £110k. Long hours including some evening meetings but there is some flexibility around that too. Youngest is 8.

BresciaBike · 30/03/2024 09:10

BrandySnaps1 · 28/03/2024 14:57

No - working on the frontline is very tough. I have family members who do it, it's not for the money but the job is rewarding.

Now that is patronising. We who do these roles ought to be getting paid properly, not being silenced with the implications associated with "it's not for the money" and "the job is rewarding".

QueenofTheBorg · 30/03/2024 11:52

I am irritated too by the "these women are all lying" posts. I'm not lying, why would I? This is an anonymous forum.

Also a point worth making, I think, is that the more senior you are the more likely it is that you're paid to deliver results and not by the hour (unless you're a lawyer or someone who works on billable hours to an end client) so actually, you do have much more time to do things like post on Mumsnet during the day. Because nobody is checking what you do: you're senior enough not to need that kind of management and so you might have half an hour between meetings and post here.

I'm proud of my high salary. And I'm proud that I earn it as a contractor - we're judged on our results and if we aren't good we are fired. We don't have any employment protection or sick pay, which is fine, that's the risk we take.

And I've shown my daughters and sons that you can earn a lot of money, still be a good parent and not necessarily work stupid hours. Whilst I might sometimes have to take a meeting at 6pm, it's rare and I pretty much do 9-5 for my £700 a day. And because I'm not employed I can take time off for school plays, appointments, whatever, I just might lose my day rate, which is my choice.

HelgaGPataki · 30/03/2024 13:43

@QueenofTheBorg Totally agree with everything you've said!

BrandySnaps1 · 02/04/2024 10:13

Bjorkdidit · 29/03/2024 06:58

Don't. You have to remember that the salaries quoted here are very unrepresentative of the population as a whole. The OP has done the virtual equivalent of walking into Waitrose and asking the women with the nicest coats how much they earn.

As someone with a passing interest in statistics, it's a fascinating illustration of how you can produce deliberately misleading results by selecting a sample population where you know the answers will be skewed in a particular direction. I'm not saying that women can't be high earners, of course we can. It's just that there are disproportionately more of them on MN than typical for the whole population.

The latest published data from the Office for National Statistics says that the UK full time median salary is £682 pw (£35.5k).

So in the real world, half of people earn less than this and a good proportion of that half will be on NMW (about £20k pa).

Whereas if you used the answers on this thread, you'd conclude that the median salary is about £80k and almost no-one earns under £40k.

"The OP has done the virtual equivalent of walking into Waitrose and asking the women with the nicest coats how much they earn."

Fantastic analogy

OP posts:
BrandySnaps1 · 02/04/2024 10:16

Instantcustard · 29/03/2024 11:19

I'm in my fifties and earn 26k a year (part-time 2 days a week). Now my kids are bigger, I'd like to work more but struggling to find anything.

I hope you find something soon. Sending you luck

OP posts:
BrandySnaps1 · 02/04/2024 10:40

PinkPillow11 · 28/03/2024 20:52

@BrandySnaps1 what's your role in finance, rough location, industry, years experience etc? I don't mind discussing my experience. I have a few different finance roles in my team. Salaries range from £35k - £75k, plus benefits and bonus.

Hybrid, i was doing a lot of ad hoc blog work for finance companies. maybe around 8 years exp but theres a ceiling when it comes to needing copywriters and marketing especially with chatGPT

OP posts:
BrandySnaps1 · 02/04/2024 10:42

freakinthespreadsheets · 28/03/2024 22:48

I'm doing a junior role in finance (working towards a BSc, not studying a chartered qualification yet). Age 22, earning 29k. I feel I am very well paid and feel fortunate. but others my age are flashing the cash and seem to be earning several times as much, jetting off on long holidays multiple times a year and driving brand new cars while also buying a house significantly nicer than mine (which DH and I scrimped for our whole relationship, and i drive an 08 plate banger). so I don't know.

Owning a property is a great achievement in itself. not many people can do that

OP posts:
Mumof1andacat · 02/04/2024 13:27

39, NHS admin for 15 years. Band 4. DS is 11 so for 11 years I have worked 30hrs. On about 20k. I work in Research. Pay is shocking, but the hospital is local to home. Annual leave is generous (i think). No WFH options though.

GrowAndGreen · 03/04/2024 08:52

Hello, again. I would like to be paid more for what I do but the job market dictates otherwise. My job, however is commutable by bike (I work in vrs community gardens) and local. We manage as a family because we have to, and I am on my 3rd career. Project management was my first and if I'd stayed then I would have been in the 70/80k bracket - however when my kids were born it was less likely that you were able to get part time working hours and I was made redundant when pg with my second child

Then pivoted to FE education, so I had the holidays with the kids, which was useful, then made redundant again and turned my hobby (gardening) into my job. Have a decent pension, own my own house, still married and life is generally good. My salary might not be spectacular by my work/life balance is fine.

I may ask to go part time when the kids have finished uni but as currently subsidising them is costing all my pay I'll have to hold off for now

Top tip - make sure that you're saving for uni costs - mine are going to come out with loans, but we pay their rent which is a big cost.

tiggersfamily · 03/04/2024 19:08

Bluevelvetsofa · 28/03/2024 14:20

@BrandySnaps1 it sounds as though you’re equating a high salary with success and the comment to @GrowAndGreen about hers being ‘an admirable profession’ came across as rather patronising, given that she was describing a salary lower than most others who responded.

Glad someone said it

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