People on the internet talking about their huge salaries

growleaves

https://www.boards.ie/discussion/comment/118601781#Comment_118601781

Why would you want to upset people? Bizarre.

Ubbquittious

Everything is Bizarre these days

Tis like the "thiny veiled" of 2022

smurfjed

https://www.boards.ie/discussion/comment/118598835#Comment_118598835

Try walking into an Irish bank with a wad of them and watch their shocked response. They just don’t exist in ireland.

jolivmmx

https://www.boards.ie/discussion/comment/118601781#Comment_118601781

I don’t think that it is necessary to announce yourself as a doctor on a pseudo-anonymised forum..

And let’s be honest, you are probably doing 60/70 hour weeks, 1/3 weekends, 16h call, stressed out of your mind, still studying for your MSc or membership/fellowship/MD/whatever every weekend, trying to tick all the boxes with the potential to one day be a consultant, moving yourself every 6-12 months and will soon have to move abroad for a fellowship.

It all sounds wonderful until you douse it with a bit of reality.

BrianD3

Yet another one today on AAM - a 36 year old on 322k (spouse on 60k) looking for free and tailored advice from strangers on the Internet.

I still cannot get my head around this - is this the rich man's version of asking on facebook what time Tesco opens at.

NedsNotDead

I'm on a massive salary but I wouldn't mention it online

gmisk

https://www.boards.ie/discussion/comment/118593969#Comment_118593969

Tech if you are seriously talented or in a niche/specialised area

gmisk

https://www.boards.ie/discussion/comment/118601781#Comment_118601781

I doubt it tbh.

Would I want to do that job for the same money...not a chance.

I used to go out with a doctor and I know how long it takes to get trained and the stress of the job and toll it can take on you.

growleaves

https://www.boards.ie/discussion/comment/118620392#Comment_118620392

You just did

Geuze

Another one:

https://www.askaboutmoney.com/threads/moving-to-the-us-for-work.226528/

1. Current salary = ~160k + usual benefits
2. Wife's salary = 82k (public sector). Her qualifications would not be recognised in the US. Likely she wouldn't work.
3. We own a house worth ~800k in Dublin. Remaining mortgage is 230k. We are planning a large modernisation and retrofit that will likely cost 250-300k. We have 200k put aside to cover the bulk of this.
4. My pension is worth ~650k.
5. My wife has a PS pension.
6. Childrens ages: 15, 13, 10. They are fairly normal as kids go!
7. One dog!
8. Our ages: 47, 49

I often wonder who are these people.

dotsman

https://www.boards.ie/discussion/comment/118661758#Comment_118661758

It's not that uncommon. They are 47 & 49, not exactly young kids starting out their careers.

I'm late 30's and would have a few friends earning more than 160K, and many earning above the wife's 82K. I would imagine, in another 10 years' time, when my friends and I are circa that age, that quite a lot of us would consider that couples' income in the range of "normal".

As for the house worth 800K, they don't say when they bought, but given their ages, it is likely that they bought it a long time ago for considerably less.

And as for his pension, it is actually a little underfunded given his current salary, but without knowing his earnings history, it may be understandable.

BrianD3

https://www.boards.ie/discussion/comment/118661758#Comment_118661758

Even though 160k in your late 40s is far from the most outlandish one quoted, I'd wonder what is happening here. Have salaries been going up in the multinational sector over a number of years. 5% here, 10% there with a compounding effect. Resulting in a surprising number of people being on well over 100k and the media going quiet about public servants' pay.

I see there is another recent one on AAM where a 30 year old has a salary of 100k and needs advice as he "isn't used to earning this kind of money".

I would assume that only a miniscule percentage of high earners would post about their salary on Internet forums yet we've seen numerous examples on AAM.

Trying to figure out what sort of selection bias there may be.

I also watch How To Be Good With Money on RTE, obviously on this there is no anonymity. Salaries seem "normal". The chap who was on it this week is a senior software engineer in his mid 50s, salary quoted was 64k. Here's his LinkedIn.

https://ie.linkedin.com/in/kieran-stafford-46592013

Former Former Former

https://www.boards.ie/discussion/comment/118661758#Comment_118661758

https://www.boards.ie/discussion/comment/118661758#Comment_118661758

I often wonder who are these people.

He says he is 47 and working for a US multinational. He's senior enough that they're offering him a role in the US.

160k is not a massive salary for someone like that. It is about average.

Likewise 82k isn't massive for someone aged 49 and working in public sector.

What's the issue?

Geuze

There isn't any issue.

Although I must add that 82k is above average for public servants aged 49, and I would say well above average.

It's maybe "not massive", but it is above average.

It's above all nurses, all teachers, all Garda, other than principals, nurse manager and senior Gardai.

I don't know the MNC sector as well, but I still say 160k is well above average across all MNC employees.

HillCloudHop

https://www.boards.ie/discussion/comment/118620433#Comment_118620433

I was being sarcastic. The pay in medicine is poor considering the amount of training and responsibility involved.

130k for new consultants is pretty measly as well.

Geuze

GP fee in France = 25

GP fee here = 50+

Consultant fee in France = 46-60

Consultant fee here = 175+ initial, 100-120 subsequent

Seems to me like the pay is very good??

UK vaccine = 12.58 GBP per dose = 30 euro for two doses, here = 60 euro!!

dotsman

https://www.boards.ie/discussion/comment/118676258#Comment_118676258

130K is excellent money, especially for someone who is typically early thirties, in a pretty-much-job-for-life with the strong possibility that you will be earning a lot more as the years roll by (likely multiples).

babyducklings1

https://www.boards.ie/discussion/comment/116515208#Comment_116515208

Yes read something very similar to you, beyond a certain figure, money won’t happier. Hard to believe but bet it’s true.

https://www.boards.ie/discussion/comment/118676258#Comment_118676258

Don’t start making me sad or I’ll need therapy from a consultant psychiatrist, which will empty my pocket fast.

A lot of Walter Mitty’s hanging around the internet. People productive enough to be earning a merited fortune simply do not have time to be posting lots of s**T online.

Amirani

https://www.boards.ie/discussion/comment/118676330#Comment_118676330

They're all private doctors, and can be earning quite a bit of money for sure (though staff costs will be higher than France too for practice nurses etc.)

Public doctors don't get anything like the same amounts.

Homelander

It's all about perspective but some people on good salaries seem to often lose that entirely.

EG saying 50K is good but not great. Objectively it's fairly good when it's above average, because obviously that would put you well up in the actual median rankings when there are more people in the 50% percentile below that, and less above but earning more.

So if you're earning 50K you're earning more than the considerable majority of actual people do.

I mean someone else posted saying that earning 160K salary is "normal" for that age profile of late 30's. Sure, maybe it's normal for your social circle, but objectively, it's not at all normal or even close to normal for 95%+ of all people in this country, and it'll never be normal.

If everyone you know earns 160K a year, that means you know a lot of people who earn 160K a year because you run in similar circles/industry. It does not make it common in the overall scheme of things.

Similarly someone said 82K for someone in the public service is normal at 49. That's Grade VII or thereabouts ballpark. There's plenty of people in the civil service earning that amount; it's not the norm however. That would require every single career public servant to have reached close to Grade VII level by that stage....which obviously is not at all true (nor would it be remotely sustainable).

I have a low salary in my actual job around 35K and I'm in my 30's. Arguably underpaid for the role, but there's no disputing the work is easy, I'm not overly taxed, and the hours are short. Every evening is my own after 5, I never hear a word of work outside the 4 walls, and the workday itself is generally lax. It's a balance I can live with.

Snugbugrug28

Having a high salary in Ireland is not much different than having a much lower salary once you're getting the bejaysus taxed out of it. The real difference is maybe in pension contributions because you can afford to do them and they are tax free.

https://www.boards.ie/discussion/comment/118663746#Comment_118663746

Just on the MNC thing, it's definitely above average for all employees but sounds fairly average for management, ime.

It's funny that in Ireland we don't really realise what jobs are well paid, management in a MNC is a pretty lucrative area.

Snugbugrug28

https://www.boards.ie/discussion/comment/118681093#Comment_118681093

I would say 160k is well above average, 'cept for maybe Facebook or that

https://www.boards.ie/discussion/comment/118681326#Comment_118681326

Only going on my experience of large MNC's in the medical device and pharmaceutical areas. Management in those firms are extremely well paid.

Snugbugrug28

https://www.boards.ie/discussion/comment/118682048#Comment_118682048

Do you mean senior management or just regular management?

Former Former Former

https://www.boards.ie/discussion/comment/118680902#Comment_118680902

Similarly someone said 82K for someone in the public service is normal at 49. 

That was me (I think), but it wasn't that it's normal, it's that it's not outlandish that you'd be asking WHO ARE THESE PEOPLE. You'd need to be senior enough, eg AP in civil service, school principal, or a professional role, but very achievable.

Buddy Bubs

2 things I know for sure....

Firstly

Salaries of the scales talked about here are very very rare. I worked as financial advisor in many different institutions and very rarely saw them.

Secondly

Anonymous Internet forums lead people to make up things to make themselves feel better and maybe wind people up. We have no idea if the particular people posting are daydreamers, unemployed, in a dead end job or what they are.

I know one guy working for a multinational claiming to be on 200k when he is in the pub at weekends. However he is the biggest liar I have ever met in my life and always has been ever since we were kids growing up. So forgive my skepticism on this guy and all the anonymous pseudonyms claiming the same.

Wildly Boaring

Far as I know Senior exec engineer tops out aroround 84 or 85. And there's one or two of those in every department subsection. Then it's mid range for a senior engineer. Now there's only one of those per department.

Same for planners.

Also senior resident engineer is 86k.

So I'm 40 and half my peers who went in council be on 80ish.

Other half would aim to be by 49.