What do people class as a high salary

Ray Palmer

Just generally curious what people consider a high salary. People bandy about the 100k mark as being high or very high.

Now I am not talking about household income just annual salary

snubbleste

What would a German say?

Duggy747

A 100k is fùckin' massive in my eyes.

kennryyr

I would consider making 60k a year basic salary or over as being "high"

sbsquarepants

snubbleste wrote: »

What would a German say?

9:D

humanji

Anything higher than what you're being paid.

Dravokivich

Dole + 50 euro

petes

kennryyr wrote: »

I would consider making 60k a year basic salary or over as being "high"

What planet are you living on?

Ray Palmer

Duggy747 wrote: »

A 100k is fùckin' massive in my eyes.

Fair enough but what point is the tipping point to high.

sundodger5

A euro more than the wife can spend.

petes

petes wrote: »

What planet are you living on?

Average Irish annual income is just over 40k, so I'd say that someone claiming 60k is high and 90k+ as very high to be right on the money.

Shenshen

snubbleste wrote: »

What would a German say?

As a German, most German would regard an income of around or over €3000 a month as high.

Ray Palmer

Sacramento wrote: »

Average Irish annual income is just over 40k, so I'd say that someone claiming 60k is high and 90k+ as very high to be right on the money.

I didn't think the average was that high. Also averages are not exactly a good gauge IMHO.

Madam_X

petes wrote: »

What planet are you living on?

It's all relative. 60k for me alone would be massive money. Not people with kids though obviously.

fishy fishy

ninety nine ninety nine - this madness must end soon. :mad:

SCOOP 64

Didn't put €25000 down, would be high for me.

seven_eleven

I make less than 10k a year.

30k + would be massive for me! But I suppose it all depends on what your circumstances are. Are you married? Kids? 2 cars/big car? Mortgage or Apartment?

etc.

fishy fishy

Sacramento wrote: »

Average Irish annual income is just over 40k, so I'd say that someone claiming 60k is high and 90k+ as very high to be right on the money.

that sounds wrong - 40K average - I don't think so.

Taxburden carrier

Ray Palmer wrote: »

Just generally curious what people consider a high salary. People bandy about the 100k mark as being high or very high.

Now I am not talking about household income just annual salary

Depends on whether you are actually earning the figure. Too many people are getting without earning...hence the sh1te the country is in.:(

Ray Palmer

Shenshen wrote: »

As a German, most German would regard an income of around or over €3000 a month as high.

That is apparently less than the median and average

http://www.salaryexplorer.com/salary-survey.php?loc=81&loctype=1

It is pretty odd that an average wage amount would be considered high

StewartGriffin

Well, I earn 4000 euro a week and I have to eat a cornflake box for dinner once a week. The other days I eat cornflakes.

Gatling

60,000 not high only a civil servant would claim that ,

Alpha Dog 1

40 k is only a average for the public sector.

BGozIE

Sacramento wrote: »

Average Irish annual income is just over 40k, so I'd say that someone claiming 60k is high and 90k+ as very high to be right on the money.

Last time I checked 36k p.a was the average Irish salary. I Stand to be corrected though as that was awhile ago

Mr Freeze

Voted 60k, that be near double what i am on. So I would class that as a massive wage, Hell I could have voted 50k.

Shenshen

Ray Palmer wrote: »

That is apparently less than the median and average

http://www.salaryexplorer.com/salary-survey.php?loc=81&loctype=1

It is pretty odd that an average wage amount would be considered high

You forget that the average tax rate in Germany is just under 50%, in some cases higher.

I would have to say when I think high salary I would think of earning 100k or more. The fact you only take home around 60k when earning 100k also takes the gloss off it too. For a single person its high but if its the only income to a family its not really high any more.

FatherLen

I am only 25 so anything above 20,000 is more than enough for me to live on so i consider maybe 40 grand to be high. for someone with kids and a mortgage and all that icky stuff i presume they would think higher.

BGozIE

Alpha Dog 1 wrote: »

40 k is only a average for the public sector.

Maybe, but not everyone in the public sector is well paid. There are a lot of people in the public sector on 25k-35k p.a (clerical people) its the top dogs that earn the money in the public sector. And in my honest opinion, nurses and teachers dont get paid nearly enough over here.

PS I work in the private sector

jester77

Ray Palmer wrote: »

That is apparently less than the median and average

http://www.salaryexplorer.com/salary-survey.php?loc=81&loctype=1

It is pretty odd that an average wage amount would be considered high

I would guess he meant 3000 after tax, as 3000 before tax is about average and not a high wage in Germany.

Ray Palmer

Shenshen wrote: »

You forget that the average tax rate in Germany is just under 50%, in some cases higher.

As I would be asking about salary it would exclude tax and I understand it is 40% not 50% as well.

kennryyr

petes wrote: »

What planet are you living on?

Sorry, does my notion of a high wage not fit your perception of a high wage?

I must apologise for my ignorance

Ray Palmer

Mr Freeze wrote: »

Voted 60k, that be near double what i am on. So I would class that as a massive wage, Hell I could have voted 50k.

You do realise they would only get about 50% of the amount they earn above you so it doesn't work out as double your take home pay?

TPD

I'm 23 and on 28k, which is more than enough to cover my cost of living (may change when I get a car). It's high enough for me at present anyway! Of course, more is always better :P

conorhal

Things are relative to the economy of the nation, sombody in Bangladesh for example would consider our dole money a lotto win.
The average industrial wage is around 32k, so in my opinion sombody on 65k, double the average industrial wage is on a high salary. A salary of above 100k and I'd class you as wealthy.

FloatingVoter

Whatever Bono makes and double it. That'll do me.

anna.fun

snubbleste wrote: »

What would a German say?

I would consider 60k p.a. to be a high salary but I'd say it depends on ones qualifications/work experience/personal living environment/etc. as well... bearing in mind 60k would give you a net pay around 33k here (after tax and contribution to social security "insurances")...

Alpha Dog 1

BGozIE wrote: »

Maybe, but not everyone in the public sector is well paid. There are a lot of people in the public sector on 25k-35k p.a (clerical people) its the top dogs that earn the money in the public sector. And in my honest opinion, nurses and teachers dont get paid nearly enough over here.

PS I work in the private sector

So your saying teachers should get a pay increase?
They only work 25 hours a week not to mention all their holidays.

hoodwinked

Alpha Dog 1 wrote: »

So your saying teachers should get a pay increase?
They only work 25 hours a week not to mention all their holidays.

have you met other peoples children? fancy spending 25 hours a week locked in a room with 30 of them? :P

noodler

Ray Palmer wrote: »

I didn't think the average was that high. Also averages are not exactly a good gauge IMHO.

BGozIE wrote: »

Last time I checked 36k p.a was the average Irish salary. I Stand to be corrected though as that was awhile ago

The average is 35,905 in 2011 according to the CSO.

http://www.irishtimes.com/business/economy/ireland/average-earnings-continue-to-fall-1.747249

SEPT 23 1989

A grand into the paw after tax is enough for any man

hoodwinked

i'd class 100k as a high salary giving most workers earn between 25k and 60k (non graduates and graduates)

60 - 100k is obviously a good salary but achievable with education and hard graft,

so 100k + is high to me, only certain jobs will ever pay that much.

hullaballoo

Shenshen wrote: »

You forget that the average tax rate in Germany is just under 50%, in some cases higher.

Surprisingly, we are also subject to taxes. The tax the government refer to as "income tax" is relatively low, but they have introduced new taxes on income and increased others. Also, most utilities are heavily taxed here. There was also a carbon levy introduced in 2010 that we pay in addition to VAT and excise on fuels (except solid fuels).

We also pay massive amounts of tax on "luxury items" like cigarettes and alcohol. The reality is that if you smoke 20-a-day and have a few pints on the weekend, as well as commuting on public transport, owning a car for weekends/trips to the shops, paying a mortgage and all the associated charges that go with house ownership, about 90+% of your income goes to the exchequer.

Then the government spend it by arguing about how to spend it and borrow money for the things that we actually need.

anna.fun

hullaballoo wrote: »

Surprisingly, we are also subject to taxes. The tax the government refer to as "income tax" is relatively low, but they have introduced new taxes on income and increased others. Also, most utilities are heavily taxed here. There was also a carbon levy introduced in 2010 that we pay in addition to VAT and excise on fuels (except solid fuels).

We also pay massive amounts of tax on "luxury items" like cigarettes and alcohol. The reality is that if you smoke 20-a-day and have a few pints on the weekend, as well as commuting on public transport, owning a car for weekends/trips to the shops, paying a mortgage and all the associated charges that go with house ownership, about 90+% of your income goes to the exchequer.
Then the government spend it by arguing about how to spend it and borrow money for the things that we actually need.

surprisingly enough all of those taxes exist in Germany too

Ray Palmer

Ray Palmer wrote: »

I didn't think the average was that high. Also averages are not exactly a good gauge IMHO.

You're right actually, seems it'd be closer to 35k or maybe a bit less. I'd still consider 60k to be the beginning of "high" for the sake of giving an answer and 90k+ to be very high. Lots of other factors come into play though, what's the job, how many hours are worked, conditions etc etc...

syklops

I have to laugh at those saying 60k is a high salary.

A salary of 25k gives you a net income of 21k after tax. You pay just over 4k in tak

A salary of 45k gives you a net income of 32k after tax, you pay just over 13k in tax.

A salary of 60k gives you a net income of 39k after tax so you pay just over 21k in tax.

Shenshen

Ray Palmer wrote: »

As I would be asking about salary it would exclude tax and I understand it is 40% not 50% as well.

As you are asking a German, they will always answer questions after salary with what they will actually have in their account at the end of each month.

BGozIE

Alpha Dog 1 wrote: »

So your saying teachers should get a pay increase?
They only work 25 hours a week not to mention all their holidays.

IMO yes, that is indeed what i'm saying. I also said nurses. I think teachers put in more work then 25 hours a week. And no i'm not a teacher or a nurse

syklops

syklops wrote: »

I have to laugh at those saying 60k is a high salary.

A salary of 25k gives you a net income of 21k after tax. You pay just over 4k in tak

A salary of 45k gives you a net income of 32k after tax, you pay just over 13k in tax.

A salary of 60k gives you a net income of 39k after tax so you pay just over 21k in tax.

Right, hope you had a good laugh, an extra 7k obviously isn't that much to you.
How about instead of scoffing at peoples answers you give some of your own?

Duggys Housemate

Sacramento wrote: »

Average Irish annual income is just over 40k, so I'd say that someone claiming 60k is high and 90k+ as very high to be right on the money.

And some one on 900K a year is very very very high.
9 million a year is very very very very very very high.

These are all working class wages. A butler probably got the equivalent in the 19th century ( in terms of his relative position in society) as 90K today, but would see himself as poor. Or not rich.

syklops wrote: »

I have to laugh at those saying 60k is a high salary.

A salary of 25k gives you a net income of 21k after tax. You pay just over 4k in tak

A salary of 45k gives you a net income of 32k after tax, you pay just over 13k in tax.

A salary of 60k gives you a net income of 39k after tax so you pay just over 21k in tax.

Not only is the 60K in real terms just about twice the 25K figure ( less), another way to look at it is what people can afford in a mortgage. The standard mortgage for someone on 65K is about 200K these days, rich my bollocks. ( ask yourself who is buying the more expensive houses? Houses from twice to 10 times as much) The real rich spend these after tax salaries in a day, on food, or gambling, or just living. The real rich hire people on 90K.

Very few people on wages are rich ( CEOS get most pay in options, or capital gains, or dividends). And very few rich people earn most of their income in wages. In the US the top .1% earn about 5% of their income in wages, but they get about 20% of all income.

Alpha Dog 1

BGozIE wrote: »

IMO yes, that is indeed what i'm saying. I also said nurses. I think teachers put in more work then 25 hours a week. And no i'm not a teacher or a nurse

My girlfriend is a school teacher so we will have to agree to disagree.