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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Do YOU earn over 40K? What do you do?

237 replies

MoneyBunny · 31/01/2012 14:19

Obviously only for those of you comfortable with disclosing what you earn.

In another thread I could see a lot of posters saying it's no biggie earning over 40K, however this is just under me and my husband's JOINT income so it does feel like a very distant wage for us.

So, if you earn 40K, what do you o for a living? How many year's experience have you got and what is your education level?

And I do mean to pry.

OP posts:
louisianablue2000 · 04/08/2012 23:06

Not now because we both work part time but both DH and I would be in that bracket if we worked full time. I have two ancient university degrees (BSc and DPhil), DH has three (same plus an MSt). I work in Pharmaceuticals, DH works in IT in the public sector, both of us have >10 years industry experience, I'm a manager of graduates, DH isn't. We work in the NE of England.

If you want to earn a good salary and have good terms and conditions the traditional professions are a good place to start, but STEM related areas do very well as well.

yehudiwho · 04/08/2012 23:08

My my so wealthy on mumsnet. Didn't I hear that only 10 % of population earned over 40 grand. Seems more than 10 % of mumsnet

Devora · 04/08/2012 23:10

I have a university degree, have been working in the public sector for 25 years, currently work for the government.

bucketbetty · 04/08/2012 23:16

Degree, range of post grad quals, nearly 15 years exp in my field. I started on 18k and worked my way up to where I am now. Long way to go yet! I have plenty of friends who earn less than me but have more. I'm shit with money. :)

Softlysoftly · 04/08/2012 23:19

I did comfortably, Senior Brand Manager for a retail food supplier, took a cut though and went public sector last year as you literally are never home and would never see the DDs (2.8 and 10wks). I have a degree and postgrad diploma.

Interestingly the richest person I know, a millionaire in fact is my dad (not a stealth boast) and he hasn't got a single exam, left school at 14 to drive forklifts so it goes to show you don't always need the education to succeed just be prepared for ballbreaking effort.

Damn him and his dedication to making us do it for ourselves....

onemoreforgoodmeasure · 04/08/2012 23:21

First degree, PhD, 11 years experience, public sector. I have the good fortune to be able to afford a mortgage in a popular area but I have very little left over at the end of the month, for instance my weekly shop is £25!

watfordmummy · 04/08/2012 23:26

Both DH earn over £40k. I'm just under £50k as HR mgr, came back to work 4 years ago as SAHM chartered CIPD, DH earns over £80k in banking (don't flame) has degree he worked at while at work.

Doesn't feel that we earn that much as everyone around us earns sooo much more!!

rathlin · 04/08/2012 23:29

About double that plus benefits. Work in pharma industry in London. Have about 15 yrs experience. If I'd bothered to move companies or do contracting, would probably be on a lot more. I have a BSc and MSc.

Notoutorabout · 04/08/2012 23:30

Consultant in a specialist field. Three degrees, 15 years experience. Have managed to sort it so I work mainly from home, but still have to travel a fair bit.

Bumbled about for years before finding my niche, admire the focus that others on this thread describe.

MrsSchadenfreude · 04/08/2012 23:32

Yes, but I work Abroad. Grin I have two crappy A levels and am in what is usually a graduate profession. The team that work for me are all graduates (most have Masters) and some of the younger ones feel that they shouldn't be working for someone as poorly educated as me. (My last assistant initially refused to work for me - she had a 1st class honours degree from a RG uni and didn't feel that I could teach her anything!)

clemetteattlee · 04/08/2012 23:37

At one point we both did.
DH: Marketing executive, 3rd class degree 18 years experience.
Me: Head of faculty at a comprehensive school, 1st class degree, MA, PhD, PGCE and diploma in adult ed + 12 years experience.

Currently retraining to be a doctor and plan to work part-time when I qualify so could be earning my previous wage within the next five years.

Megatron · 04/08/2012 23:37

Well I used to! 1st degree, post grad quals doing a job I hated with all my heart. Now re trained and earning minimum wage in a job that I love and makes me happy. :-)

Nuttyprofessor · 04/08/2012 23:40

Area manager retail 56k. Plus bonuses

No qualifications at all.

NonnoMum · 04/08/2012 23:44

yuhodiho the thread sought responses from people who DID earn over 40 grand, so the thread will disproportionately have posters who earn over 40 grand...

TellyBug · 04/08/2012 23:52

I do. No A levels or degree. Seven years worth of 'career' jobs. More would be nice of course Smile Would love to buy a house etc

Work hard, play hard. Socialising (read: having a laugh and maybe a drink with) senior management very important.

EllenParsons · 04/08/2012 23:56

Currently no so I am probably not really entitled to answer, but I am a law student doing the LPC this year and will be starting my training contract the year after (City firm but not Magic Circle). My salary will be pretty typical:

Year 1 - about £38k
year 2 - about £42k
Qualification (end of year 2) - £60k

The salary should steadily go up after that but not in such big jumps I don't think.

Just posted as someone above was asking about typical lawyers' salaries.

alistron1 · 04/08/2012 23:59

DP just about does - good degree, pgce, 16 years teaching - he is in charge of a core subject in a secondary school, line manages 10 people and is responsible for mentoring pgce students.

In my old role (line manager in a contact centre for a blue chip company) I'd be on 40k with shift allowances, in 2000 I was on 20k for a 20 hour week. It was a role that required a certain level of technical competence and strong interpersonal skills combined with the ability to meet/exceed targets continually.

Muststudy · 04/08/2012 23:59

I was lucky.....left jobs at good times

At 17, I started off as a glorified financial reporting role at 17k, I did a proffessional course in my role (which was a couple days studying) I left after 2 years on 21k....

I then went into a specialist role at 33k. Fell pregnant after only 10 months.

Left the job. And went onto a 41k role with only 4 years experience and 5 a levels (which were all A grade!)

BustersOfDoom · 05/08/2012 00:25

Yes, just over £40k. No A levels or degree but have a professional qualification. I'm a senior finance specialist in the public sector.

Merlotmonster · 05/08/2012 00:38

just got a couple of A levels - didnt go to uni (started work at 17 as Aug birthday...) work in Insurance - now in London... been with the same company for 23 years....

Latara · 05/08/2012 00:58

I had no idea people can earn so much; until recently i was almost the highest earner (& still the best educated) out of my group of friends & family.

I'm a Staff Nurse (RGN with Advanced Diploma & BSc) - 8 years experience, band 5... South West England.

I work in an NHS hospital on a very busy & stressful Surgical Ward - the Staff Nurses' job is to nurse patients (who are often very disabled; or elderly & have multiple chronic health conditions) after serious operations.
Also to monitor patients for any minor to life threatening complications / exacerbations of existing health conditions that often arise post-op & notify the 1 single junior Dr on ward duty (or contact a Dr in A&E 'out of hours' - who may be too busy to attend!!).
We often have to cope with acutely confused & / or aggressive patients of all ages - we don't have any right to restrain patients or use force to defend ourselves; just have to wait for Security to attend (can be hours before they can come up from A&E though). So it's a case of keeping violent patients away from the other patients & trying to stop them harming themselves.

The nursing team on my ward regularly save lives through early intervention & treatment of problems; & improve the quality of patients' lives through assisting in care & mobility.
The job is both mentally & physically exhausting but also challenging & interesting.
It's good to see patients regularly going home fitter & much healthier & happier than before their operations :)

Most i earned (full time) after 7 years was £26K - i had to cut down to only 2 days a week due to serious chronic health problems but the pay is not bad - i still get approx £900 a month net.
Out of that comes mortgage & all bills obviously; i am in debt but it's manageable so far.

I do now get low rate DLA (Disability Living Allowance) £20 a week; so i'm entitled to Working Tax Credits (just applied so unsure how much); & get £30 off Council Tax due to receiving DLA (at least until the govt changes benefits system next year anyway - then i may not qualify for DLA).

But now the govt have introduced 'Regional Pay Cartels' - i have a nasty feeling the the 'Pay Cartel' will be looking at wages based on living costs in the cheapest parts of the county which are totally different to the far more expensive area where i live.

I know i'm lucky just to have kept my job (so far) though....

scarlettsmummy2 · 05/08/2012 01:01

Used to as a recruitment consultant- earned quite a bit more from year two. I have a law degree.

My husband earns more than 40k now, he is a manager for M and S.

znaika · 05/08/2012 01:13

This reply has been deleted

Message deleted by MNHQ. Here's a link to our Talk Guidelines.

Cazza72 · 05/08/2012 06:39

Comfortably on more than that, probably double ( on long term contract so working through a limited company). Work on the City as a business manager. Have a handful of mediocre GCSE's, but 24 years of experience and started as a junior secretary back in the late 80's at age 16 earning 6k a year.

LST · 05/08/2012 06:47

Me and DP barley earn half of that between us!

We're happy though. I don't think I'm cut out for a job bringing home big amounts of money. Would be nice if DP did though Smile

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