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Old 09 September 2005, 12:36 AM
  #1  
VinPetrol
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Exclamation Wages...wtf ?

Is it jus me but...I thought until very reciently that for a starting career wage that 18k was ok, then i worked it out after tax etc an it would be about £230 take home per week (unless i worked it out wrong).......i cant believe it !

I could do a completely unskilled job, an go home every day without a second thought about work for the same bloody money...?!?
Old 09 September 2005, 01:00 AM
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David Lock
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And at 59 you'd still being doing the same job at the same rate plus a bit for inflation.......
Old 09 September 2005, 01:14 AM
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Richard_P
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I don't think you've worked that out right.

It's not a lot more than that but it is more.
Old 09 September 2005, 01:23 AM
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The Chief
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I make it about £286 a week!!!!
Old 09 September 2005, 01:49 AM
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Ray_li
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pension and student loan?
Old 09 September 2005, 07:54 AM
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Mitchy260
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£230 x 52 =£11900 meaning £6100 deductions

Thats near enough 34% deduction which is too much! You've worked it out wrong!

I make it around £280
Old 09 September 2005, 08:22 AM
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NWMark
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yeah youve worked it out wrong, roughly i get it to about £260 (deducting tax and NI), will depend on tax code though.

but unskilled jobs paying £260 a week are still pretty plentiful, if you dont mind shifts or 40/45 hours weeks, lots of my friends do it. and like others have said have been doing it since they where 18 theyre all 26/27 now and apart from a few are still on the same wage (plus inflation rises, and some years they dont even get them!!)

compared to an air con office, 37 hours a week, 30 days leave a year, on flexi time, with an hourly rate nearly double theirs. I think ill take the career thank you very much. Yet when i started i was only on £14.5k (works out at £17.2k in todays money taking inflation into account)

Take the career

Mark
Old 09 September 2005, 08:26 AM
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mark1234
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Can I have your job please? Can't seem to find a job that's 37hrs/week, every one I've ever had says that on the contract, then expects you to work yer *** off...

..and i have a career! (allegedly) I'm guessing you're not in IT!!!

BUT the point is right.. it's the potential that counts
Old 09 September 2005, 08:26 AM
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PCatWork
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I'm reminded of what an old foreman I used to work under said (regularly!):

"Just keep your head down, *rse up, and be grateful you've got a job."

Old 09 September 2005, 09:17 AM
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NWMark
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Originally Posted by mark1234
Can I have your job please? Can't seem to find a job that's 37hrs/week, every one I've ever had says that on the contract, then expects you to work yer *** off...

..and i have a career! (allegedly) I'm guessing you're not in IT!!!

BUT the point is right.. it's the potential that counts
he he I do, I work in IT Development for local government.

Mark
Old 09 September 2005, 09:18 AM
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NWMark
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Originally Posted by PCatWork
I'm reminded of what an old foreman I used to work under said (regularly!):

"Just keep your head down, *rse up, and be grateful you've got a job."

Amen to that far too many people nowadays think that they are owed a living and when they do have a good job its never good enough!!

Mark
Old 09 September 2005, 09:20 AM
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Simon C
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When I left uni I was on 14k5, and after a few bits of bad luck I'm now on double that, its taken me 5 years though. Yes I do work in IT operations.
Old 09 September 2005, 09:45 AM
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he he, I earn £26,000 per year (gross) for 19 hours work! Work smart not hard!
If I could be arsed to do 40 hrs per week, I would earn 45,000.

But I can't be bothered!
Old 09 September 2005, 09:54 AM
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fast bloke
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If you want to earn more become self employed - effort=money - doesn't matter what you do - window cleaning is hardly a skilled job. Our window cleaner charges £10.00. He does about 8 houses an hour, works 60 hours a week - fair enough he wont do 8 houses every hour, every day of every week, but he drives a new 911, lives in a 400k house and has a 30k mortgage. Start up costs - a ladder and a bucket and lots and lots of effort calling at every door to see if you can generate some business. I started an IT career on 9k - this went to 14k, 20k and then 26k within 18 months. Got up to about 40k within 5 years. You wont get that sort of progression as a plumbers mate
Old 09 September 2005, 10:01 AM
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lightning101
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Gross Income Annual £18000 - Month £1500 - Week £346.15

Tax-Free Allowance £4,745.00 - £395.42 - £91.25

Taxable Amount £13,255.00 - £1,104.58 - £254.90

Tax £2,673.70 - £222.81 - £51.42

National Insurance - £1,459.48 - £121.62 - £28.07


Net - take home pay - £13,866.82 - £1,155.57 - £266.67


Easy peasy
Old 09 September 2005, 10:18 AM
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Sub97
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I'm in IT too.

36 days holiday a year , flexi time, 37 hours a week and I started on 17.5k out of uni three and a half years ago. On more than that now though.
Old 09 September 2005, 11:52 AM
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Reffro
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Annual £18000 - Month £1500 - Week £346.15

Tax-Free Allowance £4,745.00 - £395.42 - £91.25

Taxable Pay £13,295 - £1,104.68 - £254.90

Start Rate Tax (£2090@10%) £209 - £17.42 - £4.02

Basic Rate Tax (£11,165@22%) £2456.30 - £204.69 - £47.23

National Insurance (£13112@11%) - £1,442.32 - £120.19 - £27.74


Net - take home pay - £13,892.38 - £1,157.70 - £267.16

I got this when I did the sums...
Old 09 September 2005, 12:03 PM
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lightning101
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Typing it into the inland revenue tax calculator is easier
Old 09 September 2005, 12:04 PM
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Graz
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I've always found my take home to be about 2/3 of gross pay by the time my pension contributions are taken into account. Gets worse when you start to pay 40% tax though.

I also started on around 14k 11 years ago, electronics engineer, around 20k seems the norm for our industry now so 18k sounds alright. If you're any good, like I am , then the pay should increase well above the rate of inflation as you get experience and promotions.
Old 09 September 2005, 12:04 PM
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Reffro
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Originally Posted by lightning101
Typing it into the inland revenue tax calculator is easier
That's cheating.....
Old 09 September 2005, 01:48 PM
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Isn't the average pay in the UK - £35,000??

Surely it is, can't see how anyone could, or would, be able to survive on less??!!

Pete
Old 09 September 2005, 02:04 PM
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I do 63 hours a week on average, think i should be self employed!

Anyone want their windows cleaned?!
Old 09 September 2005, 02:19 PM
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Ted Maul
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Originally Posted by fast bloke
If you want to earn more become self employed - effort=money - doesn't matter what you do - window cleaning is hardly a skilled job. Our window cleaner charges £10.00. He does about 8 houses an hour, works 60 hours a week - fair enough he wont do 8 houses every hour, every day of every week, but he drives a new 911, lives in a 400k house and has a 30k mortgage. Start up costs - a ladder and a bucket and lots and lots of effort calling at every door to see if you can generate some business. I started an IT career on 9k - this went to 14k, 20k and then 26k within 18 months. Got up to about 40k within 5 years. You wont get that sort of progression as a plumbers mate
so he does a house every 7.5 minutes?

sounds like he deals crack on the side...
Old 09 September 2005, 02:25 PM
  #24  
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Originally Posted by pslewis
Isn't the average pay in the UK - £35,000??

Surely it is, can't see how anyone could, or would, be able to survive on less??!!

Pete
Pete - your guess at the UK average is suffering from wilson-esque inflation. A couple of months ago it was £22k or something - now you're up to £35k

I know things have been good under NL - but not that good
Old 09 September 2005, 02:33 PM
  #25  
Graz
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Originally Posted by pslewis
Isn't the average pay in the UK - £35,000??

Surely it is, can't see how anyone could, or would, be able to survive on less??!!

Pete
Of course it is Pete, keep taking the medication £20-25k is more like.

I do tend to agree though that living on any less than £35k is difficult if you want to buy your own house give the current state of play, and it won't be anything paticularly nice / sizeable for that. I can't get the kind of place I want, nothing too impresive just a reasonable semi with 2-3 bedrooms, for what I earn and its quite a bit more than that. Still the crash is just around the corner
Old 09 September 2005, 02:41 PM
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A friend of mine spent 4 years at Uni and ended up working for the government for 19k. I used to take the **** a little about his crap salary and working for B. Liar and now at 27 he earns £350.oo per day thanks to the training he got in his 19k job. If you learn the required skills money is there if not work hard and get lucky.
Old 09 September 2005, 02:59 PM
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Dracoro
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Originally Posted by pslewis
Isn't the average pay in the UK - £35,000??

Surely it is, can't see how anyone could, or would, be able to survive on less??!!

Pete
No it isn't, it's about £22k.

http://www.statistics.gov.uk/cci/nugget.asp?id=285
Old 09 September 2005, 05:24 PM
  #28  
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Originally Posted by Ted Maul
so he does a house every 7.5 minutes?

sounds like he deals crack on the side...
Sounds like bullsh*t
Old 09 September 2005, 05:36 PM
  #29  
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Originally Posted by NWMark
yeah youve worked it out wrong, roughly i get it to about £260 (deducting tax and NI), will depend on tax code though.

but unskilled jobs paying £260 a week are still pretty plentiful, if you dont mind shifts or 40/45 hours weeks, lots of my friends do it. and like others have said have been doing it since they where 18 theyre all 26/27 now and apart from a few are still on the same wage (plus inflation rises, and some years they dont even get them!!)

compared to an air con office, 37 hours a week, 30 days leave a year, on flexi time, with an hourly rate nearly double theirs. I think ill take the career thank you very much. Yet when i started i was only on £14.5k (works out at £17.2k in todays money taking inflation into account)

Take the career

Mark


I'd cry if i had to work 9 till 5

actually ...... id cry if i had do any work
Old 09 September 2005, 05:47 PM
  #30  
VinPetrol
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**** it, im gonna be a **** star, they get loadsa money !!!



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