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So ... Just what is a big salary?

Discussion in 'Employment & Jobs' started by UKDarkstar, Jul 15, 2009.

  1. UKDarkstar
    Honorary Member

    UKDarkstar Terabyte Poster

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    Interesting article from the BBC News magazine pages :

    Boris Johnson refers to £250,000 a year as "chicken feed". Manchester City offer six figures a week. Goldman Sachs doles out big bonuses. BBC bosses face flak over their earnings. But just what constitutes a "big" salary these days and how has how we feel about them changed?

    Rarely a day seems to pass these days when there is not soul-searching over how much people are paid, whether it's bankers' bonuses or public sector salaries.

    But are we clear about the levels of earnings that we are worried about?

    You can read more and the interesting figures HERE
     
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  2. jk2447

    jk2447 Petabyte Poster Moderator

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    I think that Boris Johnson is a moron. Talking about 250k being nothing with record numbers unemployed. I think sometimes you should keep your salary / wealth private!

    http://news.bbc.co.uk/1/hi/business/8151017.stm
     
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  3. Wires_are_bad

    Wires_are_bad Nibble Poster

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    I think it's all relative. Directors of large organisations can £500K + so maybe his sum isn't alot in comparison.

    His base salary seems about right for his role, but I guess he should have just kept quiet especially in this climate!
     
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  4. Gingerdave

    Gingerdave Megabyte Poster

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    When I started my current job my aim was £20K a year - that to me would have been big money, now I am aiming for £30K by the time I am 30, and again seems like big money now.
     
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  5. jk2447

    jk2447 Petabyte Poster Moderator

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    Ha ha when I started in IT I thought, as long as I'm on more than my age, I'm making progress. Worked for me :D
     
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  6. Josiahb

    Josiahb Gigabyte Poster

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    bugger... getting that one wrong then :p
     
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  7. jk2447

    jk2447 Petabyte Poster Moderator

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    Its just a rough guide that ensures your money goes up each year. Its hard to fix in the current climate if your not on what you want but you'll get there.

    I just used that as a way to push myself in my early days in IT. I started when I was 20 hence the slightly childish moto but it kept me on the straight and narrow anyway. Jim
     
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  8. Qs

    Qs Semi-Honorary Member Gold Member

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    As a rough guide I'd have to agree with Jim. Obviously it's harder to find a suitable wage when you're younger (~20) and in the current climate.

    My motto has always been if I'm earning 30k by the time I'm 30, that's good enough for me.

    Qs
     
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  9. craigie

    craigie Terabyte Poster

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    I'll be happy when I'm back on £65K as a basic.

    Big money to me is £100K+.
     
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  10. Qs

    Qs Semi-Honorary Member Gold Member

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    ...When you're back on £65k basic?!
     
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  11. jk2447

    jk2447 Petabyte Poster Moderator

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    Is it now? So since you've put it out there did you used to be on 65k Craigie? Thats not bad . . . for a beginner :lol:

    PS Q's Craigie is really 65 years old so thats about right :lol:
     
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  12. craigie

    craigie Terabyte Poster

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    Haha, in my previous role. I hit that as a basic at 26 or 27, left that company who I had been with from 18 and took voluntary redundancy just before I was 30.

    I'm hoping to be on around 40K as a basic over the next 18 months to two years.
     
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  13. Qs

    Qs Semi-Honorary Member Gold Member

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    Being a pimp isn't really a respectable job role though matey :p

    In all seriousness, what did you work as?
     
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  14. jk2447

    jk2447 Petabyte Poster Moderator

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    Bit of a big drop that tho isn't it mate? Surely you grew into your previous wage/lifestyle? I used to laugh at the saying "I wouldn't get out of bed for X amount" but I'm finding with having a baby, mortgage, lifestyle etc thats becoming more and more true . . . . I'm ashamed to say :oops:
     
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  15. craigie

    craigie Terabyte Poster

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    I was pretty sensible mate, saved alot and have made some decent investments, which bring me in £400 per month on top of my current salary.

    Wife hasn't worked for the last two years, and we manage to save some money on a monthly basis and go away a couple of times a year.

    Lifes OK, could be better (money wise), watch this space :D
     
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  16. jk2447

    jk2447 Petabyte Poster Moderator

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    Best of luck getting back up there! I'm sure if anyone can do it our craigie can! My mate was heavily invested in Legal & General. . . . oh dear! Give me property anyday :D
     
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  17. UKDarkstar
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    UKDarkstar Terabyte Poster

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    respect m8 ! All hail cragie ! :rocks

    Wish I could say I'd done the same but the business dragged me down and pumped me dry. Perhaps you should give us all lessons :p
     
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  18. jk2447

    jk2447 Petabyte Poster Moderator

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    Craigie for President, VIVA EL PRESIDENTE!
     
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  19. UKDarkstar
    Honorary Member

    UKDarkstar Terabyte Poster

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    Maybe he could take over on The Apprentice ? :p
     
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  20. jk2447

    jk2447 Petabyte Poster Moderator

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    Yeah Sugar face is a lord now so there's a space. That will keep the tories happy. I'm sure Sugar's already had a conference call between Craigie and the BBC this morning no doubt. Yet another political hot potato Craigie's helped the labour government out with . . . :p
     
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