whats a good wage?

shadowcomplex

Is 41k a year a good wage at age 32

qwytre

shadowcomplex wrote: »

Is 41k a year a good wage at age 32

Depends - what kind of job is it and how many years experience you have, what skills you have etc etc.

41k at age 32 is probably great for a part time waiter, maybe not so good for a CFO of a large multi-national.

Smoggy

if you can live on it, it sounds good to me.

jor el

OT posts removed. There's no need for this kind of posting.

not even wrong

Average salary in Ireland is ~€35k according to the CSO so in the absence of any other information about what kind of job/qualifications/experience/working hours, then yes 41k is very generous for a 32-year-old.

gollem_1975

not even wrong wrote: »

Average salary in Ireland is ~€35k according to the CSO so in the absense of any other information about what kind of job/qualifications/experience/working hours, then yes 41k is very generous for a 32-year-old.

+ 1

unless you were working in the public service, then 41k would be below the average wage (50k)

http://www.jillkerby.ie/blog/money_times_11_02_09

not even wrong

gollem_1975 wrote: »

unless you were working in the public service, then 41k would be below the average wage (50k)

As a 32-year-old you wouldn't yet have reached the senior posts which bring the average up so you'd still be doing fairly well to get 41k.

Nolanger

As your earning more than your age it's good. Just don't get anyone pregnant!

gollem_1975

not even wrong wrote: »

As a 32-year-old you wouldn't yet have reached the senior posts which bring the average up so you'd still be doing fairly well to get 41k.

I agree with you -- i'd love to be earning 41k , but i'd probably prefer to be 32 years old again tbh

my point was really that the public sector average is 15k higher than the average industrial.

tenchi-fan

shadowcomplex wrote: »

Is 41k a year a good wage at age 32

yes, it's a good wage.

Outside Dublin, it's a great wage.

Falcon Crest

Let's just say I'd jump for joy if I was on that wage and I'm not far off your age. Might not seem amazing to some people but believe me it looks like a great wage to a hell of a lot of people. Especially these days.

Oranage2

i'd be happy to be earning 41k at 32 - can you say what you do? previous jobs? how you got to be in the role that you are?

Saying you make 41k at 32 and asking if its a good wage with out any other details sounds a lot like trolling

Blackjack

shadowcomplex wrote: »

Is 41k a year a good wage at age 32

Depends on the job, but probably, yes.

chucken1

You believe a part time waiter gets 700 a week??

x43r0

A graduate coming out of college into the right job can start in that salary bracket.

My mate is two months into the grad programme for a financial institution and when you take bonuses into account his yearly gross is ~€41k

Even better again if you head to a financial company in the UK. I'm doing the milkround at the moment for when I finish up the masters next year and after based on the companies i'm targeting, the UK ones are offering on average €5-7k more starting than the best Irish roles I looked into, and thats before benefits are mentioned

fat__tony

x43r0 wrote: »

A graduate coming out of college into the right job can start in that salary bracket.

My mate is two months into the grad programme for a financial institution and when you take bonuses into account his yearly gross is ~€41k

Even better again if you head to a financial company in the UK. I'm doing the milkround at the moment for when I finish up the masters next year and after based on the companies i'm targeting, the UK ones are offering on average €5-7k more starting than the best Irish roles I looked into, and thats before benefits are mentioned

Aside from your mate who's probably an exception to the norm, the chances of a graduate on a salary like that in the current climate are slim to none.

I take it your mate is in a hedge fund/investment banking environment.
Good pay but long stressful hours.

tenchi-fan

fat__tony wrote: »

I take it your mate is in a hedge fund/investment banking environment.
Good pay but long stressful hours.

I've a friend who gets 50k in fund accounting and didn't even do a graduate programme. His hourly rate would sound less fantastic but it's still good money.

x43r0

fat__tony wrote: »

Aside from your mate who's probably an exception to the norm, the chances of a graduate on a salary like that in the current climate are slim to none.

I take it your mate is in a hedge fund/investment banking environment.
Good pay but long stressful hours.

Ya investment banking

dellas1979

Holy christ - I thought/hoping the recession would wipe out most people like the OP. Your question sounds so greedy and needy.

41k is a great salary. 41k sounds like its a job with responsibilities. You need us to tell you that?

Multiply 204 X 52 and see what that gets you.

Zascar

It depends what you are aiming for OP. 41k is a bit above average - but I would hardly call it fantastic. The 'Average' salary is the average of everyone working, including everyone on minimum wage. If you took the average of just those who are in skilled jobs with qualifications and experience - it would be a good bit higher. What industry do you work in, and what qualifications & experience do you have? Are you single or do you have a family? Are you ambitious? Are you at the bottom of a big ladder or the top of a small one?

41k at 32 isn't bad, but in 5-10 years do you see yourself on more money or the same? 41k when you are single with no debt etc - is very different to 41k in 10 years when you have a few kids and a mortgage...

Zascar

dellas1979 wrote: »

Multiply 204 X 52 and see what that gets you.

http://www.independent.ie/opinion/letters/now-golfing-pays-better-than-work-1708412.html

dellas1979

With regards the link, I think its suffice to say that that does not happen the majority of people. In everything, there are situations and people that buck the trend, for example that man getting that allowance, the guys coming out of college on 41k etc...it is not realistic to base things on this.

No really - I do think the OP, as someone else suggested, is a troll or something. Who in their right mind (bar a ROCOK type character) asking if 41k is a good wage?

rick_fantastic

i work in IT as System Analyst / Development Manager and get paid €50k. I'm 27 btw. Personally, I don't consider it to be a great wage.. I should be earning a lot more for what I do

Pay review in January so if it doesnt jump by €10k i will get another job or emmigrate

gazzer

rick_fantastic wrote: »

i work in IT as System Analyst / Development Manager and get paid €50k. I'm 27 btw. Personally, I don't consider it to be a great wage.. I should be earning a lot more for what I do

Pay review in January so if it doesnt jump by €10k i will get another job or emmigrate

Thats a great wage imo. Im a systems analyst (39) for the last 6 years in the Civil Service and am on €42,000.

shadowcomplex

I work as a qc analyst working in a lab for a major pharma company, went to college for 3 years

mikemac

shadowcomplex wrote: »

Is 41k a year a good wage at age 32

Depends on the job

If you work in some areas like financial services in Ireland you can earn more that that three years out of college in your mid twenties

And I'd take a pay cut for less stress.

killianm

For a QC analyst 41k is very good, not many pharma companies will pay that well.

freeze4real

x43r0 wrote: »

A graduate coming out of college into the right job can start in that salary bracket.

My mate is two months into the grad programme for a financial institution and when you take bonuses into account his yearly gross is ~€41k

Even better again if you head to a financial company in the UK. I'm doing the milkround at the moment for when I finish up the masters next year and after based on the companies i'm targeting, the UK ones are offering on average €5-7k more starting than the best Irish roles I looked into, and thats before benefits are mentioned

Finally
I was on a forum central bank hiring and i had into a debate about €25,000 being a ****ty salary for a recent graduate.
its **** and i stand by it.

if your mate get that's amount that's brilliant. imagine what he would get in 4years time.

I personally when I graduate from college with my 2.1 degree will be looking for €40000 or more.

D-Generate

freeze4real wrote: »

Finally
I was on a forum central bank hiring and i had into a debate about €25,000 being a ****ty salary for a recent graduate.
its **** and i stand by it.

if your mate get that's amount that's brilliant. imagine what he would get in 4years time.

I personally when I graduate from college with my 2.1 degree will be looking for €40000 or more.

Good luck getting a 40k starting salary with a 2.1.

I am a graduate in an IB and after working from 7:15 until around 8:15 each night this week (Monday included) you figure the good starting salaries are there because on an hourly rate it isn't anything great.

C.D.

freeze4real wrote: »

Finally
I was on a forum central bank hiring and i had into a debate about €25,000 being a ****ty salary for a recent graduate.
its **** and i stand by it.

if your mate get that's amount that's brilliant. imagine what he would get in 4years time.

I personally when I graduate from college with my 2.1 degree will be looking for €40000 or more.

In reply to this:

AFAIK the big 4 (accounting) are paying 21-24k for recent grads. Few guys I know from college are were offered trainee roles there.

I don't know of anyone paying that money (40k) in your field for grads. I do know however of investment banks still paying that money (few friends in them, I did an internship in one when I was in college), but you need to be very committed and they tend to recruit Tier 1 grads.

Crasp

is your name Charlie lol

C.D.

Crasp wrote: »

is your name Charlie lol

Who? Me?! I'm afraid not!

Crasp

C.D. wrote: »

Who? Me?! I'm afraid not!

no, the OP

I know a charlie about that age who is a QC analyst in a lab for a pharma company

fat__tony

freeze4real wrote: »

Finally
I was on a forum central bank hiring and i had into a debate about €25,000 being a ****ty salary for a recent graduate.
its **** and i stand by it.

if your mate get that's amount that's brilliant. imagine what he would get in 4years time.

I personally when I graduate from college with my 2.1 degree will be looking for €40000 or more.

Your sense of entitlement is absolutely staggering.

You're in for a very rude awakening when you graduate.

Mr. Loverman

freeze4real wrote: »

I personally when I graduate from college with my 2.1 degree will be looking for €40000 or more.

Haha I'm guessing that's a joke but if not you are seriously deluded.

And a 2.1 is nothing to be proud of these days! Anyone can get a 2.1.