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Average take home pay of 25-49 year olds in Ireland is €790!!!???

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    #242
    demanufactured
    Closed Accounts Posts: 5,756 ✭✭✭demanufactured


    Maximus Alexander wrote: »
    Wow, that's some commute. How long is the round trip?

    Probably wouldn't take much longer to commute to Dublin and you could probably add 4-5k to your salary. Something to consider anyway. ;)

    50 min each way.
    It wouldn't be worth my while working in dublin.
    Takes longer to get to and would spend more on diesel and tolls.


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    #243
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Maximus Alexander wrote: »
    Wow, that's some commute. How long is the round trip?

    Probably wouldn't take much longer to commute to Dublin and you could probably add 4-5k to your salary. Something to consider anyway. ;)

    Athlone - Galway is a handy enough commute. Motorway all the way 40 to 50 mins depending on how brave you are with the right foot.


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    #244
    NotASheeple
    Closed Accounts Posts: 424 ✭✭NotASheeple


    Iwasfrozen wrote: »
    Sounds about right. Ireland isn't suffering. People just like a good whinge.





    Is that you Enda? Enough of the codology please.


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    #245
    Geuze
    Registered Users Posts: 13,100 ✭✭✭✭Geuze


    Average earnings, prelim data for 2016 q2

    21.93 per hour

    704 per week


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    #246
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    Geuze wrote: »
    Average earnings, prelim data for 2016 q2

    21.93 per hour

    704 per week

    Presumably this is gross, not net? Or....?


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    #247
    Captain Chaos
    Registered Users Posts: 11,174 ✭✭✭✭Captain Chaos


    Squall Leonhart wrote: »
    Presumably this is gross, not net? Or....?

    Gross.

    If the average is €700 per week after tax where the hell are all those jobs.

    €22 per hour is about €570 per week after tax.


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    #248
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    Captain Chaos wrote: »
    Gross.

    If the average is €700 per week after tax where the hell are all those jobs.

    €22 per hour is about €570 per week after tax.

    That's what I thought, must be gross, but the start of this thread stated that the average take-home pay from 25-49 year olds was €790 a week.

    I'm calling bull**** on that one.

    Or... maybe it is the average but very skewed from a few seven figure income types. The median income would be a better guide.


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    #249
    OldNotWIse
    Closed Accounts Posts: 12,468 ✭✭✭✭OldNotWIse


    This thread is depressing :(


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    #250
    Pac1Man
    Registered Users Posts: 4,394 ✭✭✭Pac1Man


    OldNotWIse wrote: »
    This thread is depressing :(

    It's also 2 years old.


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    #251
    CMOTDibbler
    Registered Users Posts: 7,415 ✭✭✭CMOTDibbler


    Squall Leonhart wrote: »
    That's what I thought, must be gross, but the start of this thread stated that the average take-home pay from 25-49 year olds was €790 a week.

    I'm calling bull**** on that one.

    Or... maybe it is the average but very skewed from a few seven figure income types. The median income would be a better guide.
    I haven't read the entire thread, but I did a quick calculation on the pwc website based on a married couple with one earning 50k gross and the other not earning at all and the net take home after a pension deduction of €2,500 was €730 per week.

    That age group would have a high proportion of married couples in it. Whether one or both are earning would be a factor, but that's what I came up with.


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    #252
    Geuze
    Registered Users Posts: 13,100 ✭✭✭✭Geuze


    Squall Leonhart wrote: »
    Presumably this is gross, not net? Or....?

    Gross.

    Wages are always quoted gross.

    Plus these are means, not medians.


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    #253
    Geuze
    Registered Users Posts: 13,100 ✭✭✭✭Geuze


    Squall Leonhart wrote: »
    That's what I thought, must be gross, but the start of this thread stated that the average take-home pay from 25-49 year olds was €790 a week.

    I'm calling bull**** on that one.

    Or... maybe it is the average but very skewed from a few seven figure income types. The median income would be a better guide.

    I can get you median household income, if you like.

    See the CSO SILC.

    2014 median household incomes

    gross = 40,338

    disposable = 34,796 after taxes paid and social benefits rec'd

    http://www.cso.ie/en/releasesandpublications/er/silc/surveyonincomeandlivingconditions2014/


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    #254
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    CMOTDibbler wrote: »
    I haven't read the entire thread, but I did a quick calculation on the pwc website based on a married couple with one earning 50k gross and the other not earning at all and the net take home after a pension deduction of €2,500 was €730 per week.

    That age group would have a high proportion of married couples in it. Whether one or both are earning would be a factor, but that's what I came up with.

    I guess in that scenario the unemployed half of the marriage doesn't technically have a take home pay, so the 730 would stand, but the average income then would be 365 in that case.

    Like I saw somewhere before, averages can be meaningless, the average person has one testicle and one ovary!


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    #255
    OldNotWIse
    Closed Accounts Posts: 12,468 ✭✭✭✭OldNotWIse


    Pac1Man wrote: »
    It's also 2 years old.
    Does that make it uplifting?


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    #256
    smash
    Closed Accounts Posts: 34,809 ✭✭✭✭smash


    Captain Chaos wrote: »
    Gross.

    If the average is €700 per week after tax where the hell are all those jobs.

    €22 per hour is about €570 per week after tax.

    Most people have a salary, not an hourly rate.


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    #257
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    smash wrote: »
    Most people have a salary, not an hourly rate.

    Yes but most people have a 'standard working week' in cases where it's salaried, 39 hours a week for 40K/yr or whatever (usually with some sort of clause that wiggles extra hours out of them for free) which you'd be able to work out a nominal hourly rate from.


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    #258
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    Geuze wrote: »
    I can get you median household income, if you like.

    See the CSO SILC.

    2014 median household incomes

    gross = 40,338

    disposable = 34,796 after taxes paid and social benefits rec'd

    http://www.cso.ie/en/releasesandpublications/er/silc/surveyonincomeandlivingconditions2014/

    Using that median, and assuming 52 weeks a year, we're now down to approx €669 net a week (I refuse to use "disposable" in this instance, surely disposable is what's left after you've paid your rent/mortgage and bills and essentials?).

    I'd say that's a bit closer to the truth of it.


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    #259
    Captain Chaos
    Registered Users Posts: 11,174 ✭✭✭✭Captain Chaos


    smash wrote: »
    Most people have a salary, not an hourly rate.

    Not in my experience.

    In any case it's very easy to work out. Divide gross salary by 52, then 39 for a flat week hourly rate.


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    #260
    Widdershins
    Registered Users Posts: 10,633 ✭✭✭✭Widdershins


    The Backwards Man wrote: »
    It's amazing what you can need to live on if you get used to it coming in.

    I was taking home three times as much ten years ago as I am now, probably better off now though when all is said and done.

    Same. If I hadn't been paying huge rent I'd have some lovely savings :(


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    #261
    lawlolawl
    Closed Accounts Posts: 2,678 ✭✭✭lawlolawl


    Captain Chaos wrote: »
    Not in my experience.

    In any case it's very easy to work out. Divide gross salary by 52, then 39 for a flat week hourly rate.

    39 hour week? Must be great to have 3 days off every week.


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    #262
    Squall Leonhart
    Closed Accounts Posts: 1,794 ✭✭✭Squall Leonhart


    lawlolawl wrote: »
    39 hour week? Must be great to have 3 days off every week.

    There's always an arsehole!


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    #263
    TerrorFirmer
    Closed Accounts Posts: 29,930 ✭✭✭✭TerrorFirmer


    lawlolawl wrote: »
    39 hour week? Must be great to have 3 days off every week.

    That's a standard 9-6 Monday to Friday, to be fair.


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    #264
    Captain Chaos
    Registered Users Posts: 11,174 ✭✭✭✭Captain Chaos


    lawlolawl wrote: »
    39 hour week? Must be great to have 3 days off every week.

    I'm payed an hours rate but I put in more hours than I get payed for. Answering call and emails all time up to 11 and all weekends.

    Only get payed extra overtime if I'm on site.


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    #265
    Captain Chaos
    Registered Users Posts: 11,174 ✭✭✭✭Captain Chaos


    TerrorFirmer wrote: »
    That's a standard 9-6 Monday to Friday, to be fair.

    Actually do 8-4 4 days and 8-3 one day with 1 15min break a day.


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    #266
    [Deleted User]
    Posts: 25,611 ✭✭✭✭ [Deleted User]


    Captain Chaos wrote: »
    Actually do 8-4 4 days and 8-3 one day with 1 15min break a day.
    That's 37.5 hours.


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    #267
    Geuze
    Registered Users Posts: 13,100 ✭✭✭✭Geuze


    Squall Leonhart wrote: »
    Using that median, and assuming 52 weeks a year, we're now down to approx €669 net a week (I refuse to use "disposable" in this instance, surely disposable is what's left after you've paid your rent/mortgage and bills and essentials?).

    I'd say that's a bit closer to the truth of it.


    Note that's household income, not per person.

    Also note that the accepted use of disposable by the CSO / ESRI, etc. is after taxes and social benefits.

    I realise that the general public think of disposable as being after bills, rent, etc.


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    #268
    Mint Aero
    Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    Holy sh*t is everyone thick as a double ditch here and the author of the article included. Lol. Anyone with half a brain would realise the figures relate to combined income of couple's living together aswell bringing the average way up and distorted since the thicko writing it hasnt even a clue what he is writing, what disposable income is nor what a calender is lol. Jesus. Ye think you'd be able to put two and two ffs. I guess his missus does the money minding in his house l o f*cking l


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    #269
    dresden8
    Registered Users Posts: 3,289 ✭✭✭dresden8


    Captain Chaos wrote: »
    I'm payed an hours rate but I put in more hours than I get payed for. Answering call and emails all time up to 11 and all weekends.

    Only get payed extra overtime if I'm on site.

    Only fools and slaves work for free.


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    #270
    lawlolawl
    Closed Accounts Posts: 2,678 ✭✭✭lawlolawl


    Mint Aero wrote: »
    Holy sh*t is everyone thick as a double ditch here and the author of the article included. Lol. Anyone with half a brain would realise the figures relate to combined income of couple's living together aswell bringing the average way up and distorted since the thicko writing it hasnt even a clue what he is writing, what disposable income is nor what a calender is lol. Jesus. Ye think you'd be able to put two and two ffs. I guess his missus does the money minding in his house l o f*cking l

    Nice meltdown


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    #271
    questionmark?
    Registered Users Posts: 3,071 ✭✭✭questionmark?


    Captain Chaos wrote: »
    I'm payed an hours rate but I put in more hours than I get payed for. Answering call and emails all time up to 11 and all weekends.

    Only get payed extra overtime if I'm on site.

    Then you Sir/Madam are a fool/slave. Never ever work for free. If you work for free you create a bigger problem for everyone as employers look for those that volunteer to be slave. Free labour!


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