If you have a child in their early twenties: what do they earn?

[PuppyDay]

DD wants to finish her degree, do a masters, then a PGCE to be a history teacher. Starting salary will be approx £32k with 5 years of student debt. It’s less than her cousin who didn’t get A-levels or go to uni and is doing marketing for a gym chain for £33k.

It got me thinking: what are the options out there and how much do they pay.

so what does your young adult child do and how much are they paid?

This.

My daughter is a 25 year old teacher. This year she is earning just over £41,000. She is being promoted next year and will be earning around £47,000 (still waiting for exact details). Obviously she’d earn more in many graduate jobs, but I don’t think it’s a bad salary.

She’s in the “fringe” area so it’s slightly more than the national figure, but less than it would be if she was in London itself.

Edited to add that, as others have said, the teacher’s pension is worth a lot. The employer contribution is now 28.68%

DD2 is 24. She is a quality control scientist for a BioTech company. She has been there 9 months (1st graduate role after 5 years' study - integrated Masters plus a year's study abroad). She earns approx. £32k and works 4 days per week : 4 x 10 hour shifts. She loves it!

DS1 27, he earns £45k as a transport manager. Did Highers but didn’t go to University. Worked in various jobs before moving to logistics 5 years ago. His girlfriend is 27 and earns £50K as a teacher.

DS2 20, is doing an apprenticeship. He earns around £25k plus overtime. He will earn £60k when qualified.

Initially I wasn’t happy with their choices. They both could have gone to university but didn’t want to. I thought they were being shortsighted as statistically a graduate will earn more in the long run. I also wanted them to have the university experience. I will be delighted if they prove me wrong.

Teacher earning 50k?? Where ?

Is this secondary? Teachers at my school are mainly earning £32-£38k . A senior teacher with many years experience maybe £45k. Head is on about £60k. Midlands.

One is gainfully unemployed, one is band 2 nhs and one is whining about higher rate taxes … all graduates. So it varies a lot.

starting salaries seem to typically be £30-34k on graduate schemes outside of London

Secondary yes. Currently her basic salary (M3) is just over £37k and she has a TLR (2b) worth nearly £4k.

She is being promoted from September to a head of year post. By then she will be on M4 (£39,495). She is waiting to hear what her TLR will be, but I have looked at the pay policy and I’m guessing it will be just under £6k. Once the 4% pay increase is factored in it will be about £47k in total (I am assuming the TLRs will also increase by 4%).

Starting salaries for teachers not in London or the fringe are £31,650 and those on M4 would get £38k
so if most of the teachers in your school are in that range it suggests that they are still relatively new.
I also imagine that it’s a pretty small school if the head is on about £60k.

DD 24 BSc (1st), masters distinction in law. Can't get a relevant job!! Ds 22 didn't go to uni and got poor A level grades is on 50k basic plus bonus! He sells cyber security.

Both are on around £38k

DC1 is on £28k & DC2 on £65k.
Needless to say DC2 studied to a much more advanced level - and has a debt to match, but was very driven in their studies & career

DS just doing his MEng finals and has a job lined up at £34k.
Off topic a bit, but some people might be interested, he has had city finance recruiters speak with him, encouraging him to apply for city jobs ranging from £90k - £200k straight out of uni. Some 22yr olds somewhere will get those jobs. Amazing.

DD is 25 and a qualified civil engineer, MEng and working on chartership. She's had a lot of pay reviews since she joined almost three years ago and is now on about 34k plus company car.

When I started teaching in 2001, I was on 18k in outer London and finished on 60k in Inner London as a primary deputy head (2018).

My son is 27 and a teacher. He is currently earning £70k with HoY and 2nd in dept additional roles .

what does she do and how did she get there?

Really?!

Teachers are always complaining about how poorly paid they are!

DS2 (21) just graduated with a comp sci degree. He's got a job as a software engineer starting on 37k plus great benefits. No debt because he got a full tuition scholarship for his BSc.

DS1 (25) hasn't ever had a salaried position yet. He's done a BA and an MA (both fully funded by scholarships, so no debt from them) but is soon going to be starting a JD (we're not in the UK) and that's the one that's going to mean he needs to take out loans, but it will hopefully result in a well paying law career at the end.

She was working as a junior architect on minimum wage and got made redundant recently…..well the company folded. She’s going back to uni to do her Masters, which she needs to be fully qualified.

70k for HOY is crazy money….I'm in higher education at what I’d consider a more senior role than HOY and on nowhere near that. I mean good for him, but yeah I’m in the wrong sector. 🙈

Secondary history is pretty much the only subject where there has never been a teacher shortage.

DS1 25, engineer £55k , DS2 22 also an engineer £35 on grad scheme.

No idea as its none of my business.

If it's the type of role/company I'm thinking of I'm guessing 6 figures?

My ex partner was a history professor with 3°
A masters and a doctorate
He was on about 40 grand a year at 40
Certainly does not recommend academia and he is looking at retraining.

My neighbour has been on between 70 and 80 for the last 10 years and mounded the whole time about how he’d be earning so much more in private industry.
And yet he stays

Sounds similar 🙈😬