High Earners on MN?

[BitOfFun]

How? The actual leader of my county council doesn't earn more than £100K- where and what are all these super-maxed out occupations? I genuinely don't understand how mumsnetters (often relatively young) access these magic jobs I've never heard of.

YABU- they are there for the taking, you just made poor choices

YANBU- people here are very creative and there's an outside chance they may be lying exaggerating.

Why is it so unfathomable? There are literally loads of high earning jobs. Lawyer, consultant, fund manager, banker.

Also it is location dependent

MN is not a "young" site imo I'd say the median age was maybe mid 40s. MC is broadly a middle class-ish, site so higher earners generally speaking.

The pay gap North and South is massive so many of those over 100k might be London/SE.

Anyway there are tons - tens if not hundreds of thousands - of jobs paying over 100k.

In london there is a booming financial sector where many/most people are earning £100k plus. There are then loads of service providers off those industries - consultants, solicitors, accountants, IT, marketing, communications & PR. Big companies then often have complex HR functions too so the top roles there are well paid too.

Law, finance, IT, Management Consultancy, Accountancy.....All careers where salaries/bonuses start high and get bigger with seniority. Not sure that’s a particular secret? All require high academic qualifications and a shed load of self sacrifice to get to those senior levels. Not really sure what your point is really?

YABU- but it is industry and location dependant.

Average banker where my husband used to be is on 100k and you have bonuses on top of that..I’m in PR but have been here for a while so earn around that with bonuses - we’re in London.

I can’t comment on the age of your mums betters with magic jobs but of course these jobs exist.

Public sector and charitable sector jobs traditionally pay less than private sector. YABU unreasonable to suggest higher earners are layers or exaggerating - why would they exaggerate to random strangers on the internet?

Mumsnetters obviously! Wretched auto correct

And not layers either!! 🤨

I take it all with a large pinch of salt, OP. The number of high earners on here does seem disproportionate to the population, as does the number of children with ESN. Might be true, might not. Certainly don’t allow it to make you feel bad about yourself or your choices.

Lots of management jobs can go up to £100k, especially in big organisations and if you've been there for decades.

Lawyer here, recently got to just over £100k in my late 40s. Had an unrelated artsy first degree then changed career in my mid 20s after realising that my earning potential would always be capped. Actually never thought I would earn this much.

Location mostly I think - I’m way (way) off that now I live in Norfolk and put my children first but back when I was in my twenties in London I was on nearly £100k with bonuses and everyone I knew in my work life (newly qualified accountants going from firms to industry) were on similar. All the London legal people / consultants etc I knew also the same.

Firstly, they say they access these jobs😉

Secondly, yes, there are many jobs that really pay that, but it depends on location and field a lot.

Something like 3 or 4% of people earn over 100K. So it isn't common, but not is it a rare occurrence to come across one.

They access these "magic jobs" by training and getting experience in industries that pay those wages.

Lawyers, management consultants, IT consultants, marketing, etc etc. Also entrepreneurs.

Even high-up public servants and charity bosses get those sorts of salary.

I live in SE and work in Financial Services 4 days a week.

Worked my way up, but have continued to take qualifications and study/develop where needed since starting work about 20 years ago and moved around companies which helped increase my salary.

Not being goady, but I think I’d struggle to name many people in my high school year who are on under £80k, and that was in a fairly standard rural non-fee paying school.

While there are some who went on to be SAHMs, retail workers etc, the majority went on to university and now have 15+ years of experience behind them.

Off the top of my head, there’s two dentists, lots of specialist accountants/senior business people, three solicitors, and at least seven pharmacists- there was a big push for pharmacy around the time we were applying for uni.

There’s one woman who I’m not in contact with but we’re connected on LinkedIn and I’d guess she’s on £500k+.

Outside of this, I work in a business discipline and the lowest paid person on my team is on £75k.

I genuinely think we need to start talking about salaries more, especially to girls and young women. There’s plenty of high paying jobs out there, but you have to know about them, and you have to know how to access them in terms of uni choices etc.

A lot of people kid themselves that everyone is on NMW. You see it on MN a lot- “my neighbour works in an office and is on three holidays a year” and people reply “she’s obviously in debt up to her ears” instead of trying to determine what her actual job is.

I used to think like this and thought it was through unfairness, lack of opportunity etc that I was in a midlevel position. As I got older and matured I realised that actually every job I ever had, no matter how humble, was an opportunity that I wasted because I dismissed it as 'just' entry level, or 'just' something to pay the bills at the end of the month. I was more invested in my life outside of work than I was in my life in work. That was natural for where I was at that stage in my life. Now Im in a space where I fully commit to work during work hours (instead of planning my weekends, horse shows, chatting with mates etc) and the results have been incredible. People notice hard work, enthusiasm and ambition and all of these things are freely available to us all. People who copped to this before I did have a head start in the fabulous well paid job dept, but its never too late to get going and make up for lost time!!! Adjust your attitude and stop doing the bare minimum and youll get it back in spades.

I have a high income by owning a business. It’s not just jobs that have the potential to earn big. There is literally no limit on what I can earn because someone else isn’t setting an arbitrary amount to pay me.

I take some posts about income with a pinch of salt tbh. People don't necessarily tell the truth on anonymous forums

Many some people may be varnishing the truth a bit

I’d also say define high earners, many people say that for under £100k. I’d class myself as a high earned as I’m over £70k but under £100k because compared to the majority of the population that’s high!

There are at least 4 women in my organisation on over £100k.

But that shouldn’t judge your choices as often it’s down to location, life chances etc.

Partner is SE, 36, just reached £70k in sales. If he doesn't hit £100k by under 45 I'd be shocked.