What's your job & salary

HillCloudHop

Happyhouse22 wrote: »

Would love to see a comparison with private pensions- feels a bit crap, but hard not to when compared to the crazy benefits people retiring now are getting!

On the single scheme and it doesn’t feel great in comparison but instinct is that it is more favourable than a private pension.

You can start AVC to top up your public pension. It's definitely worth it.

shadyslimshady

Paul_Mc1988 wrote: »

Electrian working for a company right now is between €24-€28.50 and they do a 39 hour flat week. So €48672-€57796. Overtime which their is an abundance of right now pushes this up.

Electricians working for themselves with their own companies is a different story. It cost me €2000 to rewire my own house with the best of gear, I'm a qualified electrician FYI. I know people getting similar rewires and they are paying €10000 and in total its about 5 days work ( 1 day of chasing 2 days 1st fix and 2 days 2nd fix). Some serious cash to be made out there at the moment

Lot of plumbers on that now as well working for companies. Plumbing is booming at the minute.

anplaya27

Paul_Mc1988 wrote: »

You might be able to do one year (final year) of a social type degree as you have a level 6 and get an ordinary degree. I know this is the case with engineering but not too up to speed on the social degree side of things. Worth looking into

Ya need to do 3 year level 7 if you only have a level 6. I see she has a level 7 - 3 years. The 1 year add on gets you an honours level 8 degree. Social care area though is poorly paid.

Paul_Mc1988

anplaya27 wrote: »

Ya need to do 3 year level 7 if you only have a level 6. I see she has a level 7 - 3 years. The 1 year add on gets you an honours level 8 degree. Social care area though is poorly paid.

A social type degree not particularly social care.


No if you read her post she has a level 6. A lot of colleges will allow you to skip the first 2 years of level
7 and allow you to do the final year if you have a full credit L6

Example an electrical who get a level 6 when they complete their apprenticeship can do 1 year get a L7 electricial engineering degree

Rrrrrr2

Technical Manager, Chemical industry- €60 k plus car allowance which is over €9k. They pay my medical insurance and a few other bits. Tax is crippling in my opinion.
Is this a ****e salary or not? I hear people in large tech companies often on 6 figures?

Are you managing people, processes or projects?

Rrrrrr2

Augeo wrote: »

Are you managing people, processes or projects?

No people anymore (thank Christ)- so it’s projects, products, customer accounts mainly

shadyslimshady

Rrrrrr2 wrote: »

Technical Manager, Chemical industry- €60 k plus car allowance which is over €9k. They pay my medical insurance and a few other bits. Tax is crippling in my opinion.
Is this a ****e salary or not? I hear people in large tech companies often on 6 figures?

Have a look at irishjobs and you'll see the real salaries.

Yes the best programmers, network engineers, sys admins are earning that contracting but there in a minority. You have to be very skilled and talented.

For example: https://www.irishjobs.ie/Jobs/Java-Developer-Contract-8611027.aspx

Theres also full time roles offering the same in programming.

60K is a very good salary.

gary550

I'd consider myself self employed but I'm a company director of a few companies of which I own.

I'll probably finish this year paying myself a very average wage (shy of €30k), I could absolutely pay myself much more but I'm early 20's and still very much building my company so I'd rather leave it in my company and invest back in now while I'm easily able. I'm also planning on putting a substantial amount toward a pension this year too.

Quite honestly if someone offered me 100k salary tomorrow to work for them I'd refuse without much thought. I absolutely love working for myself and it's all I've ever done and hopefully won't ever have to work for anyone else. Different strokes for different folks I suppose.

Also if you are reading this thread and comparing yourself to others and feeling a but sh*t I'd advise you don't put much thought into it, if I was to go out on a limb I'd say there's a fair bit of exaggeration like most finance threads on any forum :rolleyes: finances are very much individual and down to circumstance so if what you are doing now works for you then rock on (and if it doesn't you can change that!).

Probably fair enough TBH..... For everyone in tech companies on 6 figure salaries you've loads on less hoping the shares keep being thrown at them etc.
That said if someone else will pay you more to do similar that's the real measure IMO.

wally1990

I'm also amazed by some people who have no clue how much they make

Brother in law was at college for a period of time during the year so must have had built up unused Cut off points and tax credits because when he went back to work during the year , he was talking about wages and said " I earn a grand a week"
(so 52k a year )

Jan 2021 came and I did his tax return and his gross earnings were 34k , I was like I thought your earning 50k a year ? He does " I dunno, sure I was getting a grand a week '

His employer was paying about 650 a week on his payroll submissions every week gross but sure because he had a period of time where he was making 1k over his allowances so he thought he was on 50k

Ffs , I take everything with a pinch of salt now

If you gross 650/week you can't come out with more regardless of any periods you weren't working.

Smee_Again

wally1990 wrote: »

I'm also amazed by some people who have no clue how much they make

Brother in law was at college for a period of time during the week so must have had built up unused Cut off points and tax credits because when he went back to work during the year , he was talking about wages and said " I earn a grand a week"
(so 52k a year )

Jan 2021 came and I did his tax return and his gross earnings were 34k , I was like I thought your earning 50k a year ? He does " I dunno, sure I was getting a grand a week '

His employer was paying about 650 a week on his payroll submissions every week gross but sure because he had a period of time where he was making 1k over his allowances so he thought he was on 50k

Ffs , I take everything with a pinch of salt now

I learned that when I worked in banking.

Talking to people about their income and outgoings and they hadn’t a clue. They’d be asking for £20k for a car but wouldn’t know their gross or net wage.

Ask them how much they spent a month and you’d be doing well to get within 50% of the actual figure.

wally1990

Augeo wrote: »

If you gross 650/week you can't come out with more regardless of any periods you weren't working.

He was getting a rebate of income tax paid earlier in the year he must so netting 1k , but the point is the comments he made , saying I make 1k a week yet employer was paying 650 gross p/w on their submission

Id another friend who works in engineering and gets reimbursed his fuel receipts and food for lunch etc

He was telling me they pay him about 150 a week on top of his wages with the receipts ,
I said is that tax free ?, he said ya it is , I give in my receipts too and it's on top of my wage

But he couldn't grasp the fact, he was simply spending his own money for work from his after tax iincome

and then simply being reimbursed exactly the same

so no net loss/gain

but he was like I get about 150 in expenses on top of my wage

Ffs

gameoverdude

Rrrrrr2 wrote:

Technical Manager, Chemical industry- €60 k plus car allowance which is over €9k. They pay my medical insurance and a few other bits. Tax is crippling in my opinion. Is this a ****e salary or not? I hear people in large tech companies often on 6 figures?

Hard to know. Are you software tech or machine tech? Either way sounds low.

Rrrrrr2

gameoverdude wrote: »

Hard to know. Are you software tech or machine tech? Either way sounds low.

Agrochemical side, very small sector really. I’m not on production, it’s a commercial role.

gameoverdude

Rrrrrr2 wrote:

Agrochemical side, very small sector really. I’m not on production, it’s a commercial role.

Bit off topic, but curious. When you say commercial. Bit like a tech manager for a customer?

Rrrrrr2

gameoverdude wrote: »

Bit off topic, but curious. When you say commercial. Bit like a tech manager for a customer?

Yea it’s quite varied - it’s a mix of technical and sales with customers

gameoverdude

Rrrrrr2 wrote:

Yea it’s quite varied - it’s a mix of technical and sales with customers

Crying out for your type in all industries! If you can can organise a project, keep customers happy, get the right team together...don't need to stay in the niche industry.

Rrrrrr2

gameoverdude wrote: »

Crying out for your type in all industries! If you can can organise a project, keep customers happy, get the right team together...don't need to stay in the niche industry.

Thanks, I’d like to stay in it as it’s what I like doing and have some level of passion and expertise interest in. Ireland is a small market for what I work in. I would like to earn more but it’s hard to see that currently as the market is small and plateaued if not actually declining long term with environmental pressures

krissovo

Rrrrrr2 wrote: »

I hear people in large tech companies often on 6 figures?

If you compare to a large tech company a manager level salary (level 3) Management) bands would look something like between €50>€90k plus 9>15k car allowance at all levels, Senior manager (level 4) more like €75>€125k, Director (level 5) €140>€220

Technical roles roughly will follow similar path but the car is not standard in my experience, junior (level 2) €30>€60k, Engineer/Developer (level 3) €45>€90k, Senior Engineer/developer €75>€120k (level 4), Staff/Lead Engineer/Developer (level 5) €90k+

blacklilly

arsebiscuits82 wrote: »

I feel your pain, working construction 7-6 on average Monday to Friday with 45 min commute both ways, so I'm gone after 6 in the morning and home for 7 usually.

Was up to midnight last night and currently processing data for monthly valuation due in for Monday, which will eat into tomorrow and Sunday as well. I love my job, but with young kids I'm thinking of changing. It's not worth it. I was like a bear coming home this evening. It's not fair on my kids coming home in bad humour.

I met a former colleague today and he commented that I'd lost weight and looked beat.

A topic for another thread maybe but construction, the expectations and the hours along with it need to change. Any wonder it's hard to find staff.

I also work in the construction industry as a surveyor. The pressure is off the scale and the expectation of individual output is unrealistic.

No one seems to want to acknowledge just how tough it is. A major shift is needed in the industry, it isn't sustainable as it is.

I don't have children currently but know I couldn't work the job I do and be the parent I'd want to be.

My salary is over €80k, 10% pension, health insurance and 25% bonus

Rrrrrr2

€60k plus car is prob decent ballpark so on those figures. I’m definitely not Senior!!

Especially when I read the above story- I’m never really under any of that level pressure and enjoy a nice work life balance to be fair. So maybe I could be on more but with gruelling pressure attached

Rrrrrr2

blacklilly wrote: »

I also work in the construction industry as a surveyor. The pressure is off the scale and the expectation of individual output is unrealistic.

No one seems to want to acknowledge just how tough it is. A major shift is needed in the industry, it isn't sustainable as it is.

I don't have children currently but know I couldn't work the job I do and be the parent I'd want to be.

My salary is over €80k, 10% pension, health insurance and 25% bonus

Sounds like hell. My previous role I was working with a commercial research company and though the work was seasonal it was hell pressure at certain times. Felt like being on a constant threadmill with ****e being flung at you all the time on top of what you already had on hand.

Queasy Tadpole

gary550 wrote: »

I'd consider myself self employed but I'm a company director of a few companies of which I own.

I'll probably finish this year paying myself a very average wage (shy of €30k), I could absolutely pay myself much more but I'm early 20's and still very much building my company so I'd rather leave it in my company and invest back in now while I'm easily able. I'm also planning on putting a substantial amount toward a pension this year too.

Quite honestly if someone offered me 100k salary tomorrow to work for them I'd refuse without much thought. I absolutely love working for myself and it's all I've ever done and hopefully won't ever have to work for anyone else. Different strokes for different folks I suppose.

Also if you are reading this thread and comparing yourself to others and feeling a but sh*t I'd advise you don't put much thought into it, if I was to go out on a limb I'd say there's a fair bit of exaggeration like most finance threads on any forum :rolleyes: finances are very much individual and down to circumstance so if what you are doing now works for you then rock on (and if it doesn't you can change that!).

Early 20's and the director and owner of multiple companies?


What area are these companies in?

Happyhouse22

HillCloudHop wrote: »

You can start AVC to top up your public pension. It's definitely worth it.

Thanks, have done.
More just wondering from an academic point of view how the single pension scheme compares to a private pension

Smee_Again

Rrrrrr2 wrote: »

€60k plus car is prob decent ballpark so on those figures. I’m definitely not Senior!!

Especially when I read the above story- I’m never really under any of that level pressure and enjoy a nice work life balance to be fair. So maybe I could be on more but with gruelling pressure attached

This is how I feel at the minute. Previous title included Manager but that was changed to Specialist after we were acquired, but I never managed people or budgets and was mostly project based so wasn't really a manager. I'm on €65K + pension + healthcare and a few other benefits but I've very little stress and can easily manage my workload without any OT or the like. Work/Life balance is great.

I could earn more, and I might have to in the not too distant future, but for now I'm happy enough.

A bigger salary just means a bigger mortgage in many cases, and then you're paying that off for 20-30 years.

onrail

blacklilly wrote: »

I also work in the construction industry as a surveyor. The pressure is off the scale and the expectation of individual output is unrealistic.

No one seems to want to acknowledge just how tough it is. A major shift is needed in the industry, it isn't sustainable as it is.

I don't have children currently but know I couldn't work the job I do and be the parent I'd want to be.

My salary is over €80k, 10% pension, health insurance and 25% bonus

Totally agree regarding the stresses of the construction sectior - but for what it's worth, you're doing better than most in the sector financially! How many years experience have you?

JimmyVik

Happyhouse22 wrote: »

Thanks, have done.
More just wondering from an academic point of view how the single pension scheme compares to a private pension

Be careful. You can over fund AVCs in the public sector and then end up paying even more tax than you saved after you retire.
So an accountant friend told my sister anyway.
Not sure of the ins and outs of it but the gist of it was to make sure you dont have "too much" avcs when you retire from public sector.
I know im being vague, because im not sure, but it might be worth checking for the full facts before you commit

JimmyVik

Smee_Again wrote: »

This is how I feel at the minute. Previous title included Manager but that was changed to Specialist after we were acquired, but I never managed people or budgets and was mostly project based so wasn't really a manager. I'm on €65K + pension + healthcare and a few other benefits but I've very little stress and can easily manage my workload without any OT or the like. Work/Life balance is great.

I could earn more, and I might have to in the not too distant future, but for now I'm happy enough.

A bigger salary just means a bigger mortgage in many cases, and then you're paying that off for 20-30 years.

In our place they give you a title as a promotion, but what they dont tell you is that you wont get paid overtime under that title. Most people copping on to that, but some have been caught out.