To be pissed off that the only financially viable profession nowadays appeares to be banking?

[malificent7]

As a disinterested teen, my dad arranged for me to do work in a bank...i found it exceptionally dull and I really hated Maths at the time. Turns out I should have pursued it as it one of the only professions that allows people to afford a decent quality of life nowadays.
I love my job in the nhs but may have to leave health care as I need to afford to live.
I will encourage dd to go into finance but it shouldn't be like this should it?

Yanbu-other professions should pay properly.
Yabu- banking is the best paid career choice...more fool you for not pursuing it!

Depends where you live as welĺ to be honest. I can have a decent quality of life on a single £30k salary as my rent is only £500pm, and it's housing association so it's my home for life.

Senior jobs are senior jobs across all sectors. It will involve politics and battles. If you're a nurse try getting into clinical trials for the pharma/med device industry. They make a very decent living.

I would presume many professions at the bottom levels can be a mix on salary, that said I like the stock market aspect to finance, not sure if I'd cut it, in the stock market business.

That said even in the security services world it's a mix on pay grades.

All the best op.

Personally I have found lots of happiness in life earning £30k a year. Most jobs pay that now don’t they?

Why don’t you work your way up the NHS career ladder? If you’re clinical, you could work towards Director of Nursing or AHP etc, or if you’re non clinical you can still be Director of Strategy/Comms/Operations/HR…..

Agree with this. Yawn.

Also agree, especially having just seen the OP’s comment how being a manager “requires arse- licking”.

Sounds like OP does not have any political tact or sensitiveness to navigate workplace relationships.

I always think it’s funny how some people just despise managers no matter what. Someone has to do that job. So why not let it be you, and get rewarded for it?

What a ridiculous statement, not true at all!

For what it's worth I'm a nurse, yes I'd love more money but i work part time as perm staff and then I top up my hours with agency weekends & nights- take home pay is pretty decent. DH earns more in IT but he does work hard and is ridiculously knowledgeable- wages are starting to decline in the sector as now more people are coming through the training pipeline so whilst it's still a decent career with decent pay in the main and chances for really well paid jobs, it's not the financial utopia some imagine.

Curious how you're going to get into AI seen as though this expanding sector is already pretty in demand by those with quals and experience? Presumably starting from the bottom and working up? Take a while to reach the salary of a nurse with enhancements but probably offer more opportunities overall if you're successful I suppose.

Reality is this country is a low wage economy across the board. Of course some pay well, but generally compared to similar countries even taking into account the cost of living disparities we don't come out well. For anyone able to with aspirations for a better quality of life the reality is to move elsewhere.

YABU for being so wrong

Banking is not the only career that pays well

And not all jobs in banking pay well

DH and I both work in the public sector, and have a combined income north of £150k. (Neither of us have specialist degrees such as medical).

I think that's perfectly financially viable. We have a nice home in the SE and a good life.

Very few jobs in any industry (including banking) pay well at the bottom rungs. You need to work your way up and gain promotions to get to comfortable salaries - that can be done in pretty much any sector if you have the determination and ability to do so.

There are other professions that pay well apart from banking, but working for the NHS isn’t one of them (unless you’re very senior). In fact most public sector jobs have rubbish pay - there’s a reason loads of people have been on strike. Dh is a primary head (not London) and is on now where near the figures quoted earlier in the thread. It’s really stressful, he works long hours and has to work during some holidays. Like a lot of public sector workers, he could definitely have earned more doing something else. It’s terrible that you’re thinking of leaving the NHS though because you can’t afford to live properly.

It completely overlooks the highly paid in any profession. If you don’t progress, you don’t get the reward. You can always be self employed and make your own luck.

Where the taxpayer pays, there are some limitations at the lower end due to balancing the public finances against all the other things we need. As opposed to commercial employers who can be fickle and often offer lower pensions. If you want a highly paid job, you usually need intellect and a strong will to do a job that will take up a lot of your time.

one of the only professions that allows people to afford a decent quality of life nowadays. Quality of life depends on a lot more than money. Job satisfaction, for example, enough leisure time, self-respect.

I agree with a PP, careers advice is crap, talk to people about their jobs.

I work in construction, behind the scenes office job, it pays really well. Junior members of my team are on good money for their age. But most people will have no idea what the job actually is!

Also, trades pay really well and are often a stepping stone into management

This isn't true at all. There are loads of well paid jobs outside banking, including in the NHS.

What sort of job are you looking for in AI?

It always baffles me why people think it’s not possible to earn a decent salary in the NHS (as in, a higher rate taxpayer which most people in the country are not).

I’m a band 7 clinician on over £50k, I don’t think that’s a crap salary 🤷🏼‍♀️

Not your average HT or DHT in a primary school. My first headship - L1 - at the time £39,000.

Most of our local primary headships are maximum, in the bigger schools L21, with a start of L15 - £62,000

That’s the Tories for you - pay people more for managing money that those earning it by doing useful work

Plenty investment banks making money in the Labour years too… and a financial crash.

I know plenty of people including myself/our family who have a good quality of life, and none of us work in banking. I can't think of anything worse.

What about clinical safety officer, or digital clinical roles? Not badly paid and a great route into growing areas

Even clinical system training is a good route for clinical staff to cross over into digital

well, I chose law (primarily real estate related, currently). That’s fairly decent, I’d say.

so no, banking isn’t the only financially viable career choice.

What an odd thing to say. Of course there are other 'financially viable' professions. How much money do you think someone needs to earn to be 'financially viable'?!

Put it this way - most of my friends are managing well enough financially and none of them work in banking or finance.

Did "The Tories" decide on the salary of every employee of every multinational bank that operate in the UK? If so, who signed off on the remuneration of bank employees in the lead up to the 2008 banking crisis? At that point your bogeyman had been out of power for 11 years.

For what its worth I agree that those in caring professions deserve more, but I am not sure what the answer is. NHS nurses and many doctors deserve more than they get. I was appalled to learn of the wages paid to staff at my sons nursery, but to fall back on our buzz word, bankers, tories etc. is just lazy.