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Is this classed as a ‘high earner’?

512 replies

Earnerlesr · 17/07/2023 22:34

65k.

And if it’s not, what figure starts to be classed as a high earner?

OP posts:
Thread gallery
15
Lemonyfuckit · 18/07/2023 13:33

SophiaElise · 17/07/2023 22:52

It really is all relative.

A single person earning £150,000 with a small mortgage and no kids will have a lot more spare cash than a couple on a combined income of £300,000 with a large mortgage and 3 children in private school...

This is starting to sound a bit like the part in Sense and Sensibility when the Dashwood sisters and their mother are left a very small allowance to live on following their father's death because everything else went to their brother. Their brother and his wife reasoned that really, they'd be far better off and able to send some of their allowance to him, because they would only need a small house, wouldn't keep many servants or a carriage, and wouldn't go out in society much.

I think how much disposable income you have is obviously all relative to your individual circumstances, taking into account required outgoings and optional outgoings, but whether you're actually classed as a high earner (in for example, the U.K.) is simply absolute (albeit there may be different 'definitions').

Nobody 'needs' to have a large mortgage and send their three children to private school though so I don't think that makes someone not a high earner just because they have extremely high outgoings, it just means they wouldn't have as much disposable income / feel they need to maintain their high earnings in order to maintain their current lifestyle.

LegendsBeyond · 18/07/2023 13:35

No it’s not high. It’s average where I live (SE). Most professionals are on 100k+ here.

EmmaGrundyForPM · 18/07/2023 13:35

GodSaveTheClean · 17/07/2023 22:40

Average here. High is six figures minimum.
joint income of £120k here is pretty low end.

A joint income of £120k is huge. Not low end. Its in the top 10% in the country.

I think people on here have very skewed ideas of what "well off" means. Surely being in the top 10% of earners is high?

JanesBlond · 18/07/2023 13:36

twistyizzy · 18/07/2023 13:13

Retraining into something achievable yes, suggesting careers which suggest long term financial and time commitments eg Dentistry is unrealistic for the majority of low earners.
FYI I'm in the NE, qualified to post-grad level, in managerial role and still only on 33K. I still can't get my foot in the door for Civil Service jobs because they have 100s of applicants.
I haven't yet paid off original student loan and the government wouldn't fund yet another degree for me so my options to re-train are limited.
Don't assume that everyone on 30K is low skilled/low educated and don't know the options available to them.

I didn’t assume that at all, which is why I asked the poster’s age and current job… to gauge what might be possible. If she came back and said she was 59 and a SAHM to 4 SEN DC then dentistry is obviously not something I’d suggest. If she’s 29, one DC, no degree but did ok in school and been working in admin ever since then there are so many options, and law/barrister could be a good one for example as the qualifications can be done part time. School careers advice is crap for the most part and many people really don’t know what options are out there for them.

SallyWD · 18/07/2023 13:39

I googled what's a high earner in UK and it said "£70,000 - you are a high rate tax payer and earn double the country's average". I agree.
It's completely irrelevant ant if you earn £100,000 in London and still struggle because of your outgoings. This isn't about how much disposable income you have or how much you spend - it's how much you earn. Anything above £70,000 is a high salary. Whether you spend it all in bills and only have a fiver left each month, isn't the point.

LittleMissUnreasonable · 18/07/2023 13:47

I would class anything as being on the higher tax bracket as a high earner (45-50k and above?) But I live in the north. I always do a bit of an eye roll when posters say 100k isn't much.

Zampa · 18/07/2023 13:48

Beetleback · 18/07/2023 13:26

If anyone is actually interested in this from an academic perspective, this is a worthwhile read:

To grasp the extent of inequality, look at the relatively well-off | British Politics and Policy at LSE

Basically there's a lot of subjectivity in perception of wealth and there's a HUGE amount of variation incomes within the top 10% of earners.

So someone can be just within the top 10% of earners but their earnings are VASTLY outstripped by people who are in the top 5% - so although they're higher earners than 90% of the population, it might not feel that high when the incomes in that top 10% covers everything from people earning a fairly moderate salary through to billionaires.

This is very interesting and really explains the very different viewpoints on this thread.

midgetastic · 18/07/2023 13:50

SallyWD · 18/07/2023 13:39

I googled what's a high earner in UK and it said "£70,000 - you are a high rate tax payer and earn double the country's average". I agree.
It's completely irrelevant ant if you earn £100,000 in London and still struggle because of your outgoings. This isn't about how much disposable income you have or how much you spend - it's how much you earn. Anything above £70,000 is a high salary. Whether you spend it all in bills and only have a fiver left each month, isn't the point.

The difference in London is overplayed as far as I can tell

There are always choices about where to live , how much to spend on "essentials"

Qbish · 18/07/2023 13:52

Mademetoxic · 18/07/2023 13:31

Plenty of people are in everyday normal jobs and will never earn anywhere near that amount and can live very comfortably. You just need to adapt.

Which is, again, nothing to do with this thread.

Spendonsend · 18/07/2023 13:54

LegendsBeyond · 18/07/2023 13:35

No it’s not high. It’s average where I live (SE). Most professionals are on 100k+ here.

But are most people professionals?
Im in a really expensive bit of surrey and even here most people arent professionals.

We just take up less space cos our cars and houses are smaller.

feenac · 18/07/2023 13:57

We just take up less space cos our cars and houses are smaller.

This made me snort like a pig 🤣

LittleMissUnreasonable · 18/07/2023 13:59

I saw a thread earlier where someone was earning 28,000 and was basically called a slacker and advised to get a better paying job to pay their way !

@Witsend101 😂I would have invited that 'lovely' person to try working in my care job where I average 50 hours a week on less than 28k and see if they could last a week. It must be very nice for someone to be sat in their ivory tower WFH/Office job looking down on the "slackers" looking after their elderly/disabled relatives

Mademetoxic · 18/07/2023 14:01

Qbish · 18/07/2023 13:52

Which is, again, nothing to do with this thread.

🙄 the point I am trying to make is that hundreds of thousands of people are in everyday normal jobs and can manage fine.

Without having the 'snobs' think that if you earn less than a certain amount you're living in squalor.

Qbish · 18/07/2023 14:04

Mademetoxic · 18/07/2023 14:01

🙄 the point I am trying to make is that hundreds of thousands of people are in everyday normal jobs and can manage fine.

Without having the 'snobs' think that if you earn less than a certain amount you're living in squalor.

The thread title is "Is this classed as a ‘high earner’?" And the OP references £60,000.

Your point has no relevance to the thread.

Hollyppp · 18/07/2023 14:07

£120k+ in my eyes is high earner

Mademetoxic · 18/07/2023 14:09

Qbish · 18/07/2023 14:04

The thread title is "Is this classed as a ‘high earner’?" And the OP references £60,000.

Your point has no relevance to the thread.

Tell that to everybody else who is slagging off 'low' earners and saying they cannot possibly survive on such a 'low' wage, especially in London ...

RegainingTheWill2023 · 18/07/2023 14:21

LegendsBeyond · 18/07/2023 13:35

No it’s not high. It’s average where I live (SE). Most professionals are on 100k+ here.

Point to your evidence that £100k is "average" for SE England???
Average amongst your social network possibility 🤔 but for the area? No way.
I live in the SE and readily accept there are high earners but it illustrates perfectly how invisible the vast majority of people are to those whose who think £100k is "average" 😠

Maddy70 · 18/07/2023 14:23

The average warnings are c25k
Of course that's a high earner.
Only on Mumsnet is that a low salary 😂😂😂

Maddy70 · 18/07/2023 14:23

*earnings

wyrm0 · 18/07/2023 14:25

GodSaveTheClean · 17/07/2023 22:40

Average here. High is six figures minimum.
joint income of £120k here is pretty low end.

Jfc get some perspective

wyrm0 · 18/07/2023 14:26

RegainingTheWill2023 · 18/07/2023 14:21

Point to your evidence that £100k is "average" for SE England???
Average amongst your social network possibility 🤔 but for the area? No way.
I live in the SE and readily accept there are high earners but it illustrates perfectly how invisible the vast majority of people are to those whose who think £100k is "average" 😠

Average ft salary in the UK is 40.3k

Pandor · 18/07/2023 14:30

The comment about the invisibility of the majority to high earners is spot on.

All those people emptying bins, delivering mail, serving them at the corner shop, looking after their kids at nursery, cleaning their house, and doing all the countless other jobs that just seem to happen around them are discounted as they ponder their high earning friends, and the colleagues sitting above them on the ladder at work and then conclude that really earning £120k plus is pretty ordinary around their neck of the woods!

LittleMissUnreasonable · 18/07/2023 14:36

Also, I know a lot of people doing some really important jobs;
A mental health nurse
Several careworkers
A Civil servants making life-changing decisions on visa applications
A public sector enforcement officer
Primary teacher
Junior cyber engineer

Every single one of these people I have mentioned earns under 30k. Literally less than 30k for everyone I know working in these extremely important roles.
Then we have idiots like Mason Greenwood getting paid that per week/month

Indigotree · 18/07/2023 14:53

wyrm0 · 18/07/2023 14:26

Average ft salary in the UK is 40.3k

That's skewed by a few ultra, ultra high earners, though.

wyrm0 · 18/07/2023 14:54

Notmineagain · 18/07/2023 13:10

100 k in London and it's a very low salary . I don't know why people find that hard to believe.
I think most people commenting must be quite far out of London.

The average ft salary in London is 57.4k