And how much do you earn ?
Mids 50s.
What exactly you do and years experience?
A software developer or SRE (Site Reliability Engineer) can reach that salary with 1-2 years experience in the big five companies who all have EU HQ's here (Amazon/Facebook/Google/Apple/Microsoft). If they're a good negotiator and have a good degree/github profile they can get ~20% more.
Roughly 3 years experience. I'm a frontend engineer for a mid sized form. I'm mainly involved in rewriting legacy code bases into a new codebase. I find it very rewarding indeed.
Nice. You earn more than me and I'm working 3 times as long.
Got a 20% bump in base
Why are trainee Solicitors paid so much more than trainee Accountants? They both have professional exams to do
Know a guy who is/was a trainee associate in London, and was making huge money, but he was never, ever not working. Weekends, nights, holidays, it didn't matter, he was working.
Technically, you don't even need a degree - no? Aren't there preliminary exams for those with no degrees?
(Might need a connection to hire ya though!)
Engineer, 72k.
Bought own house, paid for and no mortgage. House worth 300k approx.
€1 million in savings, due to working seriously hard in manual jobs when young and falling in for a few bob from unmarried relative.
No significant other at the moment. Live a modest enough life. Don't drink or smoke.
I am a lead engineer working in the pharmaceutical sector. It is a very demanding job that I enjoy that is currently suffering from a severe lack of resources. There seems to be no end to the work. I don't discuss what I get paid, or how much money I have.
I think that many of those who brag about large salaries are either very insecure, lying or both.
Hiding salary only benefits the company you're working. Not having salary transparency has no benefit to workers.
I know people say this but what if someone asks what you're earning and it turns out you earn a good bit more than them? I'd feel bad as it shows your boss values you over them. True, they could go ask for a raise, but they might be an employee the company aren't cared about losing.
I was chatting with work colleagues early in my career. They were in their 40's, 50's, not doing the same work mind you...and was on about the bike to work scheme. They brought up the BTW calculator site and asked me to input my details. When I put in high tax bracket they were shocked. I felt kinda bad
They were shocked you were earning over ~36k? Doesn't really sound like any sort of reasonable thing to be shocked about.
Well I was not long out of college at the time and they were working for 30 years or more.
Yeah i agree. I've no problem telling people my salary even in work. Also it's really helpful so people don't lowball themselves when asked the dreaded "what are your salary expectations" question in interviews.
I've had bosses make an issue of it but I tell them where to go.
I suspect that many in this thread are exaggerating what they earn and very few have stated who their employer is so that makes it all pretty meaningless.
Besides, people in a particular industry know why the going rate is based on qualifications, experience and role. In my case I know from LinkedIn offers and from salary surveys (Engineers Ireland for example) what the rates are.
Except that there's no benefit to lying here. We are (mostly) anonymous and it's not going to impress anyone.
I've replied in this thread previously but can't remember if it was before or after my promotion. a shade under 60k in a pharma company in Austria, doing data analysis/management with 3 years experience. I could probably move to a different company for 70k but the tradeoffs aren't worth it IMO.
Ballpark what age are you?
What's the plan for all the savings, have you no pension or would you not make use of some of it?
I earn between 80k-90k gross.
So my earnings are above the mean and median earnings.
Yet, and this is hard to believe, in 2020, when I earned a bit less, approx 75k, my disposable income is below the average for my family composition.
Two adults with 1-3 kids aged under 18.
The average for that family type is 68,429 disposable income in 2020.
Mainly due to being a 1-earner family.
My salary is enough that I can comfortably keep a roof over my head and my kids can pursue their modest interests.could easily earn double my current salary in the current market but stability and proximity to our families are important to us St the moment
We'd strongly consider a drop in income if it involves a better quality of life and work life balance
47.
I'm paying into a state pension. No real plan bar retiring at 60 and hope to get good health. That's what it's all about. I worked hard but was lucky too.
Project Officer working on ERASMUS+ projects €28,800
A million is not actually a lot of savings for retirement these days... It would generate about 20k as a pension in retirement, that plus the state pension would leave the OP with an income of around half their current income. Usually people need about 70% of their income to maintain their current life style in retirement... if you add in some extra travel, house mods for easier living, extra healthcare, helping kids get on the property line etc.. So you'd need to dig into the capital sum and of course that would impact the income generation as well....
20k doesn't make much sense - you could put the lot in prize bonds and make zero return yet draw down 30k per year for 33 years
I hope it works out for you..... but I'm at that age now and I know a few that have not had that experience. The returns have not been as good as expected, kids are not paying back loans as expected, unexpected medical expenses and house renovations etc....
Nah majority of salaries posted here are authentic. Sorry if they don't match up to yours. We live in a cruel world.
I read it as he has a million quid in the bank in addition to his pension. I don't think people typically include their pension when they refer to savings.
A million in the bank is still a serious achievement, even on a salary of 100,000k, which he's not on and he's not even 50...
I remember a mod who posted above telling me I was wrong about the intel salaries even though I work there and was on that amount along with many others. I see now he's an engineer in the pharmaceutical industry.
Anyway I'll update the intel salaries for technicians.
Start 60k all in
8 years of decent pay rises based on performance 90-110 all in