Is a weekly wage of €700 considered a 'resonably well paid job'?

Tom_Cruise

After tax etc?

EDDIE WATERS

Tom_Cruise wrote: »

After tax etc?

No tree fiddy is

pickarooney

Ignoring any other factors, yes.

kulareggae

yes I would consider it well paid

Outkast_IRE

Yes

listermint

I would think its a reasonable salary excluding other factors.

davet82

€36,400 after tax a year is pretty decent in my book... why?

My name is URL

Not for Tom Cruise

super_furry

A salary of €36,400 a year after tax is a very resonably well paid job.

Unless your Dad's a partner in KPMG or something.

Maguined

Not in KPMG.

daddymac90

Tom_Cruise wrote: »

After tax etc?

yeaaaahhhhh budddy just don't get anyone up the duff

MIRMIR82

Currently, its a GREAT wage, 5 years ago it was probably average :rolleyes:

Birneybau

EDDIE WATERS wrote: »

No tree fiddy is

This post can fcuk right off.

Attacking the post, not the poster.

ITS_A_BADGER

700 X 52 = 36,400 a year

Thats a great wage i would be very happy with that!

longhalloween

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

flanders1979

depends what you have to do to earn it

seamus

longhalloween wrote: »

What do you's do with the rest?

Enjoy ourselves?

€700/week is a very good wage, especially if you're single and with few debts.

daddymac90

yeah it is decent..very good if your single no kids etc

krudler

longhalloween wrote: »

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

Tax, insurance, day to day stuff that crops up, health costs? its always something

cojomo2

longhalloween wrote: »

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

coke and hookers

tmc86

600 is a fantastic weekly wage so if you'd like to donate the additional 100, i'd be more than willing to help out!

can't believe we haven't had a "Thinly veiled..." post yet!

super_furry

It'd be about what.....€45,000 gross?

seamus

super_furry wrote: »

It'd be about what.....€45,000 gross?

€50k, more or less.

donegal.

longhalloween wrote: »

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

ahh i remember when this was all green fields... now its covered with very expensive buildings.

daddymac90

longhalloween wrote: »

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

same..but add gym a night out,DIESEL and most importantly no rent

daddymac90

daddymac90 wrote: »

same..but add gym a night out,DIESEL and most importantly no rent

and packets of johnathons

Sugar Free

50k more or less as Seamus said, which I think for most people under 30 would be considered a reasonably well to very well paid job.

Dravokivich

eh... what's the job?

King of Kings

single person - yah
supporting family on the wages alone - no.


really depends on your commitments.

Czarcasm

Tom_Cruise wrote: »

After tax etc?

A bit of context wouldn't have hurt! It really depends on who you ask, and what they do for a living! Someone flipping burgers for a living should hardly be on the same salary as a CEO with responsibility for 400 employees.

seamus

King of Kings wrote: »

suporting family on the wages alone - no.

Absolutely. I know a guy comfortably providing for a family of four on €35k a year. He has to commute 3 hours a day, but the point still stands.

As you say, it depends on your commitments. So long as the guy on €50k has managed to avoid a large mortgage or stupid rent, he should be well able to look after a family on that wage.

Micky Dolenz

Depends on the job and what qualifications/experience was needed to secure said job.

super_furry

Jesus when you look at the cold hard figures - paying €14k a year in tax on a €50k salary - you have to wonder where it's spent.

up for anything

For €700 a week after tax, I'd kill you all (and I have four dependents).

jester77

Tom_Cruise wrote: »

After tax etc?

For what?

If you are a team leader in multinational then it's a crap salary.

If you are serving burgers then it's a great salary.

For starring in Mission Impossible I would say it's reasonable.

questionmark?

It's a great salary. Anyone who thinks 700 after tax is poor pay is on cloud cuckoo land. You could afford a reasonable house, provide for two kids and still have money to spare once you aren't a fool with a stupid mortgage taking out during the boom.

Where To

If you have to work 120 hours a week for it would you still consider it a good wage?

Death and Taxes

longhalloween wrote: »

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

Hookers and Coke!:D

Jazbee

Yes I think it is. That's roughly what we live on, 3 kids, mortgage etc. You just have to be careful with your money and not get sick

Capt'n Midnight

Where To wrote: »

If you have to work 120 hours a week for it would you still consider it a good wage?

The word wage was used.

So EU working time directive etc. would apply.

at minimum wage 120 hours would gross €1,038




However, as you well know self employed is a different kettle of fish

I'd love a wage like that

Sleepy

Ah to be fair the working time directive is ignored as often as speed limits... It's a fair enough salary for most people imo, assuming the person's on individual tax credits it's nearer €53k than €50k.

I earned in or around that last year and supported my fiancée and two kids. We didn't have much cash to spare, drove a 13 year old car, holidayed in Ireland rather than abroad and that but to be honest, that was more related to old debts I'm paying back at a rate of about €500 a month. If I didn't have those debts, we'd have lived quite nicely on that salary.

JohnnyChimpo

edit: nah, I don't wanna encourage boring tax credit discussion, suffice to say you can make the wage OP's talking about on a lot less thank €50k p.a., but that's probably the exception rather than rule.

Stheno

JohnnyChimpo wrote: »

edit: nah, I don't wanna encourage boring tax credit discussion, suffice to say you can make the wage OP's talking about on a lot less thank €50k p.a., but that's probably the exception rather than rule.

You married with your OH not working?

Single person with single person tax credits takes home €671 per week earning 50k
http://www.deloitte.ie/tc/Results.aspx

Married person with partner not working takes hoe €639 per week earning 40k
http://www.deloitte.ie/tc/Results.aspx

Catch_22

JohnnyChimpo wrote: »

edit: nah, I don't wanna encourage boring tax credit discussion, suffice to say you can make the wage OP's talking about on a lot less thank €50k p.a., but that's probably the exception rather than rule.

maybe we should pass that one to the revenue then, cause for 2800 / month net its a shade under 50k a year gross that should yield it, not 40k

edit: the above assumes a 4 week month which is not the case so it definitly makes 700 / week = 50k

SunnyDub1

Yes. I think It's a really good wage...
All depends really on your financial circumstances.

longhalloween wrote: »

What do people spend their money on?

Back when I was working full time I'd spend no more than 250 a week, including food, bills, cinema and petrol and rent

What do you's do with the rest?

is that €250 just on you ? kids, partner?

It depends what kind of week I am having.
If I am out socializing(drinking) id spend anything from €50 - €100 in one night then have all my food, petrol etc To buy as well.
Usually I spend anything from €100 - 140 a week. That includes petrol, food, smokes, cinema or dinner/lunch out, coffees...

allibastor

your on around 52-55k a year before tax and all that other theivery goes on then, thats a fairly good wage for someone not in the banking sector

Procasinator

If someone is single, with a "standard" tax credit arrangement, they'd be earning €53,200 to be earning this after tax. (according to Deloitte calculator)

kraggy

My name is URL wrote: »

Not for Tom Cruise

But it doesn't matter what money you're on cause, if you're a scientologist and you come across a car accident, you know, you're the only one who can help. Money can't buy that sh1t.

Yeah, that's right Tom.

CruelCoin

Tom_Cruise wrote: »

After tax etc?

Reasonably well paid that is indeed.

Zab

I suspect that OP meant €700 per week before tax and was asking if it was a "reasonably well paid job" after you take out tax etc.