What jobs get what salary?

Beasty

StupidLikeAFox wrote: »

I'm guessing at least £25 per hour by now

Well in terms of what I posted above, 60% bonus (gross) = 48% x 60% (net) = (say) 29%

If £23 per hour = 29%, then the hourly rate = at least £23/0.29 =£79 per hour

But I said that was annualised and 4 days a week would equal that

Hence the minimum = 5/4 x £79 per hour - say £100 per hour (lets say €120 per hour)

I also indicated it was significantly more than that

If you go back to the start and that 30p an hour back in 1975, it's the equivalent of getting a 14%+ hourly rate increase every year over 44 years

StupidLikeAFox

So you are saying it is closer to £26 per hour now?

Beasty

StupidLikeAFox wrote: »

So you are saying it is closer to £26 per hour now?

It most certainly is - £1 closer....

Eric Cartman

Beasty wrote: »

It most certainly is - £1 closer....

That maths degree really getting a workout here

Iwantone

Iwantone wrote: »

One thing that always amazes me when I see threads like this is how little much Teachers earn.

FYP

Interested Observer

About 5 years ago I took a fairly hard career switch from keeping industrial machines running to working in data analysis/analytics/science/whatever you want to call it.

I've an OK salary now (though I definitely will be looking to increase it in the next few years) but I've found that changing jobs is by far the best way to increase your earnings. The first job I took in this field was fairly entry-level, which was fine as I had no experience, and had a salary to match. Pay went up a bit at that company but jumped after 2 years and was now making about 50% more than my initial salary in job 1.

Jumped again after another 2 years to a tech company with a decent basic salary bump, better bonus and shares in the company. So when you add that all up am now am making nearly 3x the initial salary in job 1. I'm here about 18 months now and in 2020 at some point I'll start having a look around again, my pay has stayed static at this company so far which isn't really a situation I'm particularly happy with.

smurfjed

Colleague of mine got his monthly salary check yesterday, €44,000 which included some allowances.

onrail

smurfjed wrote: »

Colleague of mine got his monthly salary check yesterday, €44,000 which included some allowances.

Pisstake? If not, wtf is he working at!?

van_beano

onrail wrote: »

Pisstake? If not, wtf is he working at!?

Ryan Tubridy

Connacht15

Salaries and working conditions in most private sector jobs in the Borders, Midlands and West are generally poor!
A job getting a €50K salary in Dublin could yield €20K in an SME in the West!
I asked a close friend of mine who is an accountant in Dublin, what did he reckon the average across all types and experience the average accountant salary was in The West and he said about the general national average wage €35K not the €45K doing the rounds as the general average national salary for everyone!
If you take out the public sector (and I'm low paid public sector at the moment!) the national salary average would be a lot lower!

Connacht15

I remember back in 2015 as the economy was beginning to turnaround, seeing an add posted on the window of a prominent job agency in Dublin - seeking somebody who didn't have to be an accountant but needed to have experience and be a specialist in an area like accounts receivable, they also needed to be a fluent German Speaker and the job was based in Dublin.
What do you reckon the salary was - may be €50K or more would be an educated guess!

Ah No, it was around 20K per year and no doubt an equivalent in the lovely West would be even less!

Imagine having no shame!

Connacht15

Also the race to the bottom well and truly exists in the BMW Region, traditionally most not all MNC employers were better than their sleeveen equivalents.
Those days are gone, most of them are now very well aware they can get away with treating their employees like shyte as well now and do!

smurfjed

onrail wrote: »

Pisstake? If not, wtf is he working at!?

Airline Captain outside Ireland, and I have a copy of his payslip to prove it.

unhappys10

Almost a qualified accountant, 8am to 4.30pm Mon-Fri, working in Dublin, just a shade under 71k gross, once qualified by next week after application to membership is successful that should jump to 82,500 gross.

onrail

unhappys10 wrote: »

Almost a qualified accountant, 8am to 4.30pm Mon-Fri, working in Dublin, just a shade under 71k gross, once qualified by next week after application to membership is successful that should jump to 82,500 gross.

Big 4? Jesus there is some money in accountancy.

onrail

smurfjed wrote: »

Airline Captain outside Ireland, and I have a copy of his payslip to prove it.

Fair enough. What do these people spend their money on!?

Connacht15

onrail wrote: »

Big 4? Jesus there is some money in accountancy.

Accountancy top firm graduate Dublin!

smurfjed

onrail wrote: »

Fair enough. What do these people spend their money on!?

Usually ex-wives.

unhappys10

onrail wrote: »

Big 4? Jesus there is some money in accountancy.

Connacht15 wrote: »

Accountancy top firm graduate Dublin!

No the Big 4 would never pay that, although I did do most of my training in a Big 4 firm, it wasn't for me so I left early and I moved to aircraft leasing.

Eric Cartman

unhappys10 wrote: »

No the Big 4 would never pay that, although I did do most of my training in a Big 4 firm, it wasn't for me so I left early and I moved to aircraft leasing.

this explains it completely.

ELM327

That was a good career move.

onrail

ELM327 wrote: »

That was a good career move.

Well done. Massive regret of mine not to career-change into accountancy a few years back

unhappys10

Yeh the Big 4 really are soul destroying, I ended up leaving without any job line up.
Very lucky to have landed where I did.

Never too late to move, I used to work as a postman believe it or not.

Eric Cartman

unhappys10 wrote: »

Yeh the Big 4 really are soul destroying, I ended up leaving without any job line up.
Very lucky to have landed where I did.

Its the same with google for software dev, the big legal firms etc... they're jobs that you take to get the training and put on the CV but either you get a mentor high up and have them drag you up the ranks or you bail out into something else after 2 years.

unhappys10

Eric Cartman wrote: »

Its the same with google for software dev, the big legal firms etc... they're jobs that you take to get the training and put on the CV but either you get a mentor high up and have them drag you up the ranks or you bail out into something else after 2 years.

Yeh that's exactly what happens, people not familiar with these types of jobs wouldn't believe the number of people who jump ship.
I'm my group alone 5 of us left within months of each other.

Cyrus

unhappys10 wrote: »

Yeh the Big 4 really are soul destroying, I ended up leaving without any job line up.
Very lucky to have landed where I did.

Never too late to move, I used to work as a postman believe it or not.

i dont think aircraft leasing is the place to be any more unfortunately

never understand people not finishing a big 4 training contract, it may not be for everyone but finishing it is worth it as its invaluable on your cv.

Assetbacked

Big law firm jobs in Dublin for qualified solicitors start at around €60k+ (bearing in mind that it takes at least 3 1/2 years post-university to qualify). There are rumours of some larger international firms paying a good bit more than that for newly qualified solicitors. This then increases around €10k per year for the first few years. It takes about 4/5 years to hit six figures. Bonuses are based on hours billed so could be significant lump sums on top of basic salary. The drawback besides the long road of training to get there is the lack of social lives those in the big firms have, outside of partying. Wouldn't say it is uncommon to have poor a family life, health and/or relationship issues.

ELM327

Generally you should move jobs every 18-24 months. If you can't move up, or to a related parallel you need to move out
Keeps the salary ticking up as your "worth" is constantly evaluated against the market.
I'm in the same company for over 9 years now, but have followed the above mantra.

Eric Cartman

Assetbacked wrote: »

Big law firm jobs in Dublin for qualified solicitors start at around €60k+ (bearing in mind that it takes at least 3 1/2 years post-university to qualify). There are rumours of some larger international firms paying a good bit more than that for newly qualified solicitors. This then increases around €10k per year for the first few years. It takes about 4/5 years to hit six figures. Bonuses are based on hours billed so could be significant lump sums on top of basic salary. The drawback besides the long road of training to get there is the lack of social lives those in the big firms have, outside of partying. Wouldn't say it is uncommon to have poor a family life, health and/or relationship issues.

The legal profession has seen some salary erosion in the last few years. Entrants in the last few years coming in at 40 and not seeing 100k till they're 8-10 years in.

3DataModem

Geuze wrote: »

Wages are always quoted gross.

In some countries they are not. E.g. in Bulgaria you always quote your monthly net (even job offers / contracts etc are based on monthly net, it works because their tax system supports it).