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is this a good salary

  • 18-08-2010 12:00pm
    #1
    Registered Users, Registered Users 2 Posts: 37 solarchick


    is €25OOO plus company car a good salary nowadays? does anybody know how much a week that would work out at?? i am 24,single and will be renting accomodation. i am currently unemployed so i am jumping at the chance i am just not too keen on moving to dublin as i am from county clare but i guess i have to get experience somewhere


Comments

  • Registered Users, Registered Users 2 Posts: 454 ✭✭greeno


    Its a fairly normal starting salary tbh. Company car is defiantely an added bonus and worth a few thousand straight off to you.

    It should work out about 1,800 ish a month


  • Registered Users, Registered Users 2 Posts: 2,793 ✭✭✭John_Mc


    solarchick wrote: »
    is €25OOO plus company car a good salary nowadays? does anybody know how much a week that would work out at?? i am 24,single and will be renting accomodation. i am currently unemployed so i am jumping at the chance i am just not too keen on moving to dublin as i am from county clare but i guess i have to get experience somewhere

    Where in Dublin is it based? Rent is not that expensive if you live a bit outside the city.

    I looked up http://www.irishtaxcalculator.com/ and you're looking at about €2030 a month net.

    It'll be tight but you can do it. It's experience so I'd take it in this climate.


  • Registered Users, Registered Users 2 Posts: 3,783 ✭✭✭heebusjeebus


    My first job after college was €21,000 in Dublin back in 2004 so I'd say all in all you're getting a good deal.


  • Moderators, Science, Health & Environment Moderators Posts: 21,706 Mod ✭✭✭✭helimachoptor


    Op you'll have to pay BIK on that so that'll eat into your net pay, but obviously you wont have to pay car expenses. Just do as many miles as possible :)


  • Registered Users, Registered Users 2 Posts: 454 ✭✭greeno


    1,863 a month after tax and health levy its not too shabby. Rent has came down a lot in Dublin aswell I live in Sandyford only 20 mins on the Luas to the city centre.


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  • Registered Users, Registered Users 2 Posts: 5,517 ✭✭✭axer


    solarchick wrote: »
    is €25OOO plus company car a good salary nowadays
    It is definitely a well liveable salary for a single person even if you were paying 700/750 a month for a one bedroom apartment. Whether it is good for the type of work and your experience we cannot know without more info.


  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    It's a fantastic salary for your first job, especially with a company car and in these times.

    It's not that far from home with the new motorways, and you'll have a car to boot.


  • Closed Accounts Posts: 951 ✭✭✭tomcollins97


    Surely you can divide 25,000 by 52 weeks?


  • Registered Users, Registered Users 2 Posts: 220 ✭✭beanok77


    Surely you can divide 25,000 by 52 weeks?

    I don't think the op was asking how much he would be earing a week. I think he was looking for people's opinion on the salary!

    I think the salary combined with the company car is good in today's climate. Take the job and move your way up!


  • Closed Accounts Posts: 1,916 ✭✭✭NickDrake


    Surely you can divide 25,000 by 52 weeks?

    Good man Tom. Did you ever hear of tax and levies etc?


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  • Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭jon1981


    Surely you can divide 25,000 by 52 weeks?

    sarcasm is alive and well :rolleyes:


  • Closed Accounts Posts: 7,410 ✭✭✭bbam


    seamus wrote: »
    It's a fantastic salary for your first job, especially with a company car and in these times.

    It's not that far from home with the new motorways, and you'll have a car to boot.

    +1
    You'll learn to live easily on this and then any extra down the line will feel great.


  • Registered Users, Registered Users 2 Posts: 37 solarchick


    John_Mc wrote: »
    Where in Dublin is it based? Rent is not that expensive if you live a bit outside the city.

    I looked up http://www.irishtaxcalculator.com/ and you're looking at about €2030 a month net.

    It'll be tight but you can do it. It's experience so I'd take it in this climate.


    thanks for that.
    its based in walkinstown, do you think it would be cheaper to live in maynooth etc? i must get looking up daft.ie etc for accomodation, anyone else know of any good place to look?


  • Registered Users, Registered Users 2 Posts: 37 solarchick


    axer wrote: »
    It is definitely a well liveable salary for a single person even if you were paying 700/750 a month for a one bedroom apartment. Whether it is good for the type of work and your experience we cannot know without more info.


    well i graduated two years ago and have about a years experience so id say it it is pretty well matched to my experience. do you think i would get a one bedroom apartment>? i was thinking i would have to rent with other people even though i would love my own apartment, is that the going rate for one 750euro?


  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    solarchick wrote: »
    thanks for that.
    its based in walkinstown, do you think it would be cheaper to live in maynooth etc? i must get looking up daft.ie etc for accomodation, anyone else know of any good place to look?
    Daft.ie is the only place to check out for accommodation. Maynooth's probably a bit far, you're leaving yourself with a commute down the M4 and M50 every morning.
    You'll get comparable rents in places closer to Walkinstown - Limekiln, Firhouse, Knocklyon, etc.

    You could go for a one-bed, but you would be leaving yourself short. House shares are cheaper and give you the opportunity to meet new people. A one-bed apartment will be very lonely if you've just moved to Dublin and you don't know anyone. Have a look at places around the €500 mark. You should never be spending more than 30% of your gross salary (€1800/month) on rent.


  • Posts: 0 CMod ✭✭✭✭ Clementine Clever Terminology


    solarchick wrote: »
    thanks for that.
    its based in walkinstown, do you think it would be cheaper to live in maynooth etc? i must get looking up daft.ie etc for accomodation, anyone else know of any good place to look?

    Rule: rent goes down outside the city with the sole exception of maynooth.
    Maynooth rents are a bit insane.

    salary is fine, best of luck


  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    Here's an example of what's out there:
    http://www.daft.ie/searchsharing.daft?id=592234

    Double room, sharing with one other woman (the owner), nice big house, a stone's throw from Walkinstown and only €400/month.

    If you can though, I'd say you'd have more fun at your age sharing a lease with 2/3 other girls in the same age/situation bracket.


  • Registered Users, Registered Users 2 Posts: 9,398 ✭✭✭markpb


    solarchick wrote: »
    thanks for that.
    its based in walkinstown, do you think it would be cheaper to live in maynooth etc? i must get looking up daft.ie etc for accomodation, anyone else know of any good place to look?

    If I was you, I'd rent in the city centre and commute out (I haven't a barney how long it would take, I'd imagine it would be quite quick since you'll be going against rush hour traffic). I have several friends renting in house shares in the city centre and paying around €400 per month. Everything will be close to you (cinema, bars, etc) so you'll have lots of opportunities for meeting people outside of work.

    I have other friends living in Maynooth and while they like it, the poor public transport means it's expensive to get a taxi home after a night out.


  • Banned (with Prison Access) Posts: 6,488 ✭✭✭Denerick


    How would there be any doubt that 25k is an excellent salary? For Gods sake, its almost double the minimum wage.


  • Registered Users, Registered Users 2 Posts: 631 ✭✭✭moretothegirl


    John_Mc wrote: »
    Where in Dublin is it based? Rent is not that expensive if you live a bit outside the city.

    I looked up http://www.irishtaxcalculator.com/ and you're looking at about €2030 a month net.

    It'll be tight but you can do it. It's experience so I'd take it in this climate.


    I tried using this calculator but couldnt quite work some of it out.... I am starting a new job as a home tutor, which technically makes me self employed. I will be working from September into next year. This year I have been on the dole and working part time. From September on I will be earning about 500 euro a week. Im a single 24 year old girl. I am trying to work out how much tax I will have to pay, since im going to be self employed I want to make sure I save enough to pay it when its due.

    Im confused about a couple of things
    1. Since I have been a part time employee/and earning JSA casually do I have to take these earnings into account when sorting my tax as self employed? I never earn enough to pay tax on, a couple of weeks Ive been taxed a small amount of PRSI, but most weeks its just the income levy thats been taken from my wages.

    2. When I was using the calculater under the Tax Credits heading it has an option of PAYE to click, Im not sure if Im supposed to click this or not as it doesnt explain it ?!!

    Can anyone help me on this one?


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  • Registered Users, Registered Users 2 Posts: 1,068 ✭✭✭gollem_1975


    1) ^^ if you are going to be self employed you'll be needing an accountant. they'll be able to help you out there.

    2 ) 24YOSWF moving to Dublin - working in Walkinstown

    if I was you I would move into an area close to the city centre probably in a house share with people of your own age.

    Rathmines, Ranelagh, Drumcondra would all be traditional "up from the country" renting areas.

    3) 25,000 and a company car sounds good in the current climate


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