To ask if you earn £75k per year?

[Bizkwit]

How long did it take you to get there and what line of work are you in?

How long did it take you to get to £50k and then from £50k-£75k

24: £29k
28: £42k
33: £60k
35: £70k
38: £80k
Steadily climbing the ladder in my field (a niche area of comms)

21–30: 24k–42k
30–40: 130–140k
40+ : 80k
Too niche to say what it is, but it’s not really possible to get into the field these days

I'm in IT, though really only started my career path around 29 (travel and general fuckabootery beforehand).

29-34 (as a contractor): ~£35-40k
34-39: £50-60k
40-44: £80-88k + bonus, so £~110k

I was a bit of a late developer career-wise, but I got to where am now by becoming a niche subject matter expert and jumping between jobs: it worked for me, but it is quite a high-risk strategy.

This was the same for me. Age 42 leapt from
£58k to £95k (I know MN won't believe me on this point though ). Professional services.

£50k by 30, £85k by 38 in financial services.
I started on min wage and worked my way up, then moved for the higher salary

Law, I qualified when I was 39. I’m now 45 and earn £75,000.

My starting salary was £42,500. I can’t remember my specific pay rises but I’ve generally always got above inflation rises and I’ve changed firms once.

£50k 3 years after uni, £75k about 7 years after uni. I've been in the same company and due to kids, have not progressed much but had my normal pay increases but no promotion. My bonus has gone up.

I'm 33 now, I finished uni at 23.

£25k at 24, £50k at 27, £75k at 29 Law.

Slow crawl up to £50k then jumped from £50k to £75k plus 20% bonus at age 55. Accountant. I knew I was underpaid for skills and experience just hadn't realised how underpaid.

So we’re in the same industry, what area in finance are you in?

We’re in the same industry and have a similar salary history what area are you in?

£21k at 24 (graduate scheme)
£28k at 26
£35k at 27
£45k at 29
£70k at 31

(Tax advisory)

I was on 20k until 2020 - then I went up to £30k, 9 months later £40k, 1 year later £45k, 1 year and a promotion later £75k

20k was financial services then I moved to data, first in financial services now in the engineering industry but similar kind of role and could go back to financial services at some point

Not at anything high but wanted to jump in with mine (no degree, although did go to Uni just didn't finish due to life)

19: 17k
21: 19k
23: 23k
30: 40k

Currently 31 and on 40k

I can only really get higher salary in my field by contracting and taking on jobs that are away from home but with a small child I'm not willing to move

24-29 - 25 to 50k
29-35 - 50 to 75k

Now 37 and on 91k. Hoping to crack 100k by 40!

Oh, and in finance (but not crazy money finance, alas)

I switched career tracks in my 30s so...
21-34 crept slowly from £25k to £36k (scientist)
35 changed sector (consultancy), £54k
36 promoted, £60k
37 promoted, £70k
38 pay rise plus bonus, £77k

32k @ 21
50k @ 25
70k @ 30

Same job, steady pay rises. No degree.

But do you enjoy your jobs? That's always been the main criteria for me. Hence earning significantly less 😂

I do, I really enjoy it

And what I have also found is that as I have earnt more money I have been treated with more respect and less micromanagement than lower paid jobs

I think there is a sweet spot around 50-60k in a technical role (sometimes higher depending on the technical skill) where you can earn well without being in management and because you are valued for your technical skills you can end up in less stressful situations than jobs from minimum wage -20k but most of those jobs for me were sales type things so peoples experiences may vary from mine

I love my day to day work but not necessarily the long hours, pressure to deliver and snappy SLT.
However I enjoy having money so I put up with it.

£50k by 36
£65k by 42
£100k by 47

21 - 29 £24k to £49k
30 - 40 £49k to £80k
41 - 49 £80k to £140k

Consultant engineer in offshore oil and gas (now renewables)