Who do you think deserves to be paid £70K +?

[drdreamboat]

Just out of interest, I was wondering who MN thought "deserves" this sort of income?

Judging by the threads on here, most people feel that GPs, midwives, teachers and health visitors don't deserve it.

So does anyone? Or should we all live in an equal society?

Goodness! I would find it really difficult to make pension contributions from a £115k salary; however do they manage?

Me!

I suspect they manage quite well; noone's arguing it's not a good salary. Noone's asking for sympathy either (not that I can see). If it was cut significantly I suspect there'd be a bit of an exodus to the private sector, which would leave the NHS reliant on international medical graduates where the quality control is more difficult to manage.

£115k is not a salary btw it's drawings from the partnership account.

If you are self employed and sell £70k' worth of your services or stuff, surely you deserve to be paid it.

Similarly if you earn a lot for your employer you deserve it.

The difficult questions arise in respect of those public sector employees who provide other sorts of value...

Yes, a basic salary of £75K should take home much more than 3000K pcm!! Sort your sums out!

Agreed. By that argument a salaried doctor who provides £50-75k (full time pro rata) of 'value' for your employer (who might be a GP or an NHS trust) would be worth it, as that's their market value. If you pay much less you'll start only attracting poorer quality or more inexperienced candidates.

This is the rationale for training up nurses to do some work that junior doctors used to do eg endoscopy. Cheaper, does the job (but without the academic and clinical acumen that you get with a doctor), and the patients don't realise that the 'consultant' sticking the endoscope down their throat is a 'nurse consultant on £35k a year rather than a doctor. But that's a whole other argument.

a quick google: 75000 is 4175/month, take away £400 of your net income to pay indemnity - £3775 net a month

not sure about how much but paramedics should be high on the list as much of what they do at the scene / on route can make the difference between life and death.

Out of my 75K drawings has to come my pension and NI contributions, locum insurance, all my subscriptions and my medical indemnity. In an inner city area, I am not paid that much more than my salaried GPs I am employing. This is why I take home around 3K a month.

I work full time and take on all the risk and management responsibilities. I never switch off from work as I am always worrying about whether I will have the same drwaings next year. These types of figures are not unusual for inner city GPs like myself who work in the most deprived areas of the country where there is little scope for private work.

Inner city health care is in real danger and no one will take a stand as these are very vulnerable patients. The professionals working here are just about holding it together for these patients but it's not easy and it will only get worse.

Too bloody right. Maybe some of these 'bonuses' should be placed in some account which can't be accessed for at least 10 years , and which can be withdrawn if the wonderful profit an individual makes one year is followed by dire losses.

My DH.

He is professionally qualified (Chartered Surveyor). He works 60+ hours a week every week. He generates £millions in income for the Company he works for because he is good at his job. They pay him well in return.

We live in a capitalist society ... Any job that society has deemed worth £70k is worth £70k. Normally because it demands certain qualifications or skills that not everyone is prepared to work for or is naturally equipped to do.

Entrepreneurs for putting their butts on teh line and having the courage of their convictions.

I would still like to know why your OP insinuates that midwives, HVs and teachers earn £70k but are not worth it?

Deserves is a bit of a Daily Mail way to look at it. But in answer to the OP, anyone who can negotiate that or more as their salary, good luck to them - it's a simple commercial decision by a firm whether they need to pay an employee that much, in order to further the business.
FWIW, NHS managers should be paid a LOT more in order to attract proper talent who can pull things into shape, not well meaning pen pushers at £40k a year, trying to manage giant spending budgets and clinical staff with egos the size of Wales.

Likewise, there is a lot of work to become a member of my profession (the law) and you need high marks to get in to study it, compared to some courses, so you are already attracting the brightest. Should I be paid the same as my paralegal? I don't think so.

Does your paralegal has a law degree and LPC? Most are required to have the qualifications these days. If yes, why shouldnt they be paid a decent wage?

Stay-at-home-parents.

DH, he works incredibly hard and has to generate profits which justify his salary.

the man who collects my 'food waste' bin every week [and all the others where in the street where i live] because it is always full of stinky rotten maggots that must fall on him every time he tips it out. And he always puts it carefullly back on my doorstep for me.