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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

High earner - but unsettled

426 replies

Iprobap · 19/08/2020 19:50

Annual pay about £250k, between 16% - 50% discretionary bonus and shares. Overseas based for UK global financial services company.

Personally still earn full salary, but possible no increase, bonuses and shares this year and next few maybe? I foresee retrenchments in future because of COVID-19.

I know we are on different scales on here and this is no brag. Curious to know if others are as unsettled by possibility of losing benefits because of impact of COVID-19 on global economy?

OP posts:
JoJoSM2 · 19/08/2020 19:53

DH is sort of worried but we’ve always lived on a fraction of his base pay so on a rational level it doesn’t matter if he doesn’t earn £££ for a bit (or ever again).

Plumplumbadum · 19/08/2020 20:00

I think it's in poor taste to ask this right now, as many people here have lost their jobs and businesses. I'm sure someone will be along shortly to tell me IABU.

MissConductUS · 19/08/2020 20:03

If you've been saving a good portion of that high salary you'll be fine. If it's all gone on wine and flash cars you're in trouble.

CannonCaboodle · 19/08/2020 20:04

Goady asshole post, for sure.

ShirleyPhallus · 19/08/2020 20:06

@Plumplumbadum

I think it's in poor taste to ask this right now, as many people here have lost their jobs and businesses. I'm sure someone will be along shortly to tell me IABU.
Agreed

Bellend behaviour

MushyMushi · 19/08/2020 20:06

Wow.

Nobody can be this much of a twat, surely Hmm

noseresearch · 19/08/2020 20:07

I think it's in poor taste to ask this right now, as many people here have lost their jobs and businesses. I'm sure someone will be along shortly to tell me IABU.

Agreed

Starbuggy · 19/08/2020 20:08

My heart bleeds for you.

Meanwhile in the real world people are losing their jobs and living on universal credit

Biscuit
FlapAttack23 · 19/08/2020 20:09

😒😑😑😑😑

MiniCooperLover · 19/08/2020 20:09

Go away OP, you know FULL well that many people on this site love on 25/30K between them as a family and some less. Go brag somewhere else

Twigletfairy · 19/08/2020 20:09

Well of course I think anyone would be disgruntled to lose benefits and bonuses they normally have.

I on the other hand won't be feeling disgruntled. In fact I can be very content knowing I won't be losing out on a bonus or pay rises. But that because I've never received a bonus in my life and the only time my pay will increase is when the national minimum wage is increased Grin

MadgeMak · 19/08/2020 20:09

Very distasteful post.

RiteAid · 19/08/2020 20:09

Kim, there’s people that are dying

thedancingbear · 19/08/2020 20:11

This reply has been deleted

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

happygogoat · 19/08/2020 20:12

Oh wow.

Clearly you're paid for something that doesn't involve having any level of tact or emotional intelligence?

Get a grip and some damn realism. There are people using food banks and yes they're scared.

Will you have to sacrifice one of a few holidays? A second or third car? Second home even? MAYBE even downsize your house?!

You still wouldn't be nowhere near as hard up as most people.

Awful post.

ballsdeep · 19/08/2020 20:12

@Plumplumbadum

I think it's in poor taste to ask this right now, as many people here have lost their jobs and businesses. I'm sure someone will be along shortly to tell me IABU.
I agreem especially in this climate

Read the room op. You earn a quarter of a million pounds and then have a huge percentage of that in bonus?! And there are people literally holding onto their homes by the skin of their arse.

MaskingForIt · 19/08/2020 20:12

Live on £25k this year, then you’ll have another 9 years worth of living expenses saved. “Problem” solved.

Also, 1/10, least convincing stealth brag ever. It wasn’t even stealth.

Palavah · 19/08/2020 20:12

Curious?

Biscuit
Original poster
Iprobap · 19/08/2020 20:13

MissConduct you know nothing about my finances.
Shirley Mushy Cannon Anyone faced with a possibility of pay cut will be concerned. Pretending otherwise is goady.
Regardless how much I earn, I am still want to be paid for what I put in.

OP posts:
ARoseInHarlem · 19/08/2020 20:15

In answer to your question, there probably are loads of people who are unsettled about losing "benefits" - such as their jobs, their loved ones, their homes, their financial security.

If you're on lots and worried about losing some, keep it to yourself. Misery is universal, but you're one of the lucky ones.

Happygogoat · 19/08/2020 20:15

You know nothing about my finances

We literally know your gross salary. Because you posted it. Not sure people need much more than that to know you've vastly misjudged your forum here!

Choppedupapple · 19/08/2020 20:16

Your tax will go down, I’m guessing you don’t have a tax allowance? Also can you pay more into your pension to get income below £100k?

Serin · 19/08/2020 20:16

No I'm not worried about losing financial benefits because of covid, but then I work as a healthcare professional so I'm more worried about losing my life to covid.

Girlyracer · 19/08/2020 20:16

No need to jump on the OP. Is she not allowed an opinion? If OP's income is reduced, that's a massive wad of tax lost to fund everyone isn't it?

Maybe MN should start a "high earner" section, then people will have a really good nosey at the content but won't feel able to jump in and criticise an OP.

sqirrelfriends · 19/08/2020 20:18

I think you'll manage OP.