If you earn 100k plus, what is your occupation?

[CJ2010]

I've posted this here as it is a bit U, but i am curious to know what jobs pay mega bucks.

I've just been looking on a jobs website at admin jobs, most are paying on average 20-25k (in London). With the cost of living as it it, that sort of money will not go far at all.

I've been a SAHM for a while now and have begun looking for work. I'm considering retraining, but only in something that pays well!

So members of the 100k club please spill the beans and let me know your secrets!

Dh earns over that as a lawyer. If you trained as a lawyer in the city you could earn this quite quickly.
I earn over that as a writer plus owning several writing related businesses.

I also know plenty of others who earn over 100k - actuaries, bankers, accountants, fund managers, doctors, property developers, producers, comapny directors, senior civil servants, barristers, agents, quantity surveyors...

and lots of money now pendeen

Pro rata salary over 100K, but now work part time, so bit less. Director in an environmental company. Am now 40 and have MSc and PhD in related subjects and 15 year's experience.

Dont think I am morally bankrupt yet.

What would the higher earners earn in a non recession? Does it affect you or not?

Non-morally bankrupt over £100k, I mean
You surely must admit the more socially useful the job, the lower the wages. Bringing up children springs to mind Or caring for elderly parents with Alzheimers
Both of which limit your opportunities to 'get out more'

DH is an IT consultant. He's 38 but may possibly have got to this level a couple of years earlier had he not nearly been killed in an accident and had to relearn a lot of stuff.

Mostly his worklife is pretty relaxed (works from home a lot/can go in as and when he wants) but when a project is near completion (like his current one, which started picking up speed six weeks before Christmas) he will work crazy hours (7 til 8 in the office, then working through the night at home with 3 hours' sleep).

His salary is quite rare for his particular field but he is headhunted regularly and changes company every 18 months- 2 years or so.

pendeen
en.wikipedia.org/wiki/Income_in_the_United_Kingdom
links at the bottom to the official sources

if either DH or I worked full time we'd be on over £100k - but we actively choose not to

I earnt that in my twenties as a barrister. SAHM now, better hours

Lots of my ex colleagues earn that, as do ex instructing solicitors.

Amongst family/friends salaries at that level include:

Senior accountant
Fund manager
Sales director
Consultant
Project Manager
HR director

Basically all industries have jobs at that level you just have to be very good at whatever you try to do

"Non-morally bankrupt over £100k, I mean"
What do you mean? What's your definition of non-morally bankrupt.

For e.g. my cousin's DH is the head of IT for an Insurance Company. This does not involve eating babies or torturing small animals as far as I'm aware - so is this non-morally bankrupt? Or is it morally bankrupt?

A lot of very well-paid jobs are so because they're deathly deathly dull.

The recession has meant a salary freeze for last two years but bonus hasn't been obviously impacted.

Oh but I do eat babies for lunch.

Posie would you care to define "morally bankrupt" ?

My H usually earns more than 100K, but not very much more. He's a part time academic and part-time self-employed writing computer software and doing a bit of consulting (guess which bit makes more money!). He's 50 and has a PhD and has made this much money for a few years. We're incredibly lucky, since he never looked for money, just kind of followed a hobby that got out of control. He enjoys his work and is almost never stressed. He usually works from home at least three days a week, taking the children to school at 9 and picking them up from the childminder at 5. Even when he goes into the university, he's usually home for tea by 6. He works a lot in the evenings and sometimes travels, but not more than every 1-2 months.

If he wanted to, with his skills, he could make a lot more money. But that might involve being morally bankrupt - and certainly seeing a lot less of the children - and we've got more than enough for a nice life as it is.

I'm also an academic and earn less.

Well OP my two penn'th for what its worth here, is that it is more a question of personal qualities rather than chosen career (although the latter obviously helps).

Are you:

• Clever / Sharp (not necessarily with loads of academic quals)
• Able to think things through in a clear way
• Determined
• Patient
• Capable of spotting opportunities (of any kind)
• In agreement that your life is what you choose to make it (rather than my MIL approach which is how unfair it is that other people have money and she doesn't)
• Able to commit yourself completely to a goal
• Confident

?

If so, find something that interests you (that helps too) and the world awaits

(apart from eating babies for lunch which, naturally, all those on £100K salaries must do)

sounds to me like people on this thread know EVERY single UK taxpayer in the top bands
or a lot of people have been bullshitting their friends
www.ifs.org.uk/comms/comm118.pdf chart on page 12

BarfandHeave "Uber Technology Geek of the Higest Order" is another way of describing DH's job .

TalkinPeace2

Thanks...

mumof3kids thank you for your reply, just been doing the school run!

All of the actuarial students I have known have been young too - people my age had either failed and moved to different areas of the business or passed and had worked up to management level. I thought it was worth asking anyway!

farandflyaway It is a shame, but one of the reasons the pay is good is because the pool of talent who are willing to put up with the pressure, hours and travel is small.

To be honest, I would find sitting in a bank tweaking VaR models or whatever deeply tedious but I was lucky enough to do my PhD with an organisation that allowed me to learn a lot of obscure maths and weird aerospace electronics so I get to pick and choose my projects a bit more. On the downside it means that whenever a project comes up that involves real-time kernels AND Markov chain analysis AND , then I'm reaching for my passport.

The thing is talkinpeace if you earn a lot of money in business/law or whatever you will know a lot of people in the same boat.

If you live in an uber expensive area or have DC in private school you will know a lot of higher earners. How could it be otherwise?

Own a small company with my husband. Have about 25 staff and after years of hard work it now pretty much runs itself as we've employed a CEO.

I used to earn over £100k (including bonus) as a junior lawyer in the City. I was miserable though, and now work for myself (not law) earning, um, not much at all actually. But am miles happier (even though I can no longer sup champagne when I meet friends for a drink).

talkinpeace or live in areas with wealthy people / have worked in organisations with highly paid individuals.

Not sure why the idea that people know people on this kind of money automatically means "bullshit". Lack of imagination there.