brianthebard wrote: » So it could conceivably be quite a poor wage, or at least not a rich or 'good' wage as you previously suggested?
ei.sdraob wrote: » how about the teacher on PT, ~49-50K salary saying "whats the point of having a job if you cant make ends meet" a simple question, would he get more by working as private teacher? would he even have a job?? does he think he would be better of on the dole?? and "getting 900euro a fortnight" is it me or the numbers dont add up here?
nesf wrote: » PrimeTime did their usual graphics with how much someone earned etc. They identified her as earning 55K if that's what you mean.
AARRRGH wrote: » Is 55k a good wage? Yes. Is it enough money for a man with a couple of kids and some debt? That's a different question.
gurramok wrote: » The OP asked the question and you have your answer. It works out at 3,400 a month, http://www.hookhead.com/Tools/tax2009b.jsp. Anyone who says it is not a good wage is lying.
brianthebard wrote: » Yes that's what I meant thank you. I agree 55k is nothing to sneeze at, but after tax it is substantially reduced and should not be considered living in the lap of luxury as some here are suggesting..
nesf wrote: » Honestly, I'd consider it a good salary and enough to raise a small family on comfortably even after the deductions. Not rich but the idea of it being in the same category as someone on under 30K which was suggested by Prime Time (not the girl herself!) is absurd.
tomcollins97 wrote: » 900 odd a fortnight. Mortgage of 900 a moth - so he has 900 to play with each month for all other expenses. 2 children in childcare so presumably a partner worker - therefore more spare cash a month. The figures do not add up at all. Anyone notice the fancy sound system mounted on the wall behind him?
alastair wrote: » The stereo wasn't anything fancy tbh - but the 900 into his hands a fortnight makes no sense unless he's already accounted for loan repayments, car payments, utilities, something else he chose not to mention. And given that he's in a two income household, the whole personal affordability of paycuts issue is fudged to high heaven. I won't be rushing to shed tears for his situation though.
brianthebard wrote: » It is indeed, one which most here seem unwilling to ask.
Vyse wrote: » You get paid based on your qualifications/ experience not your personal circumstances.
smccarrick wrote: » In conjunction with this- there *has* to be an audit of people's skills and qualifications in the public sector- it is criminal that there are thousands of highly skilled people being postboxed into menial chores- when they could play a much more meaningful and necessary role in trying to get the country back together. To put this into context- there are at least 18 economists in the Department of Finance doing admin work- while the Department feels its necessary to bring in external consultants, because it doesn't have the necessary internal expertise. This is both demoralising to those who are highly capable and qualified- but also scandalous that the taxpayer is paying several times over the odds, for a resource that is already present........ If this were replicated across all government departments- you can be certain the bill for external consultants could be drastically reduced- and very fulfilling roles given to those who are already present. Just because someone is employed in what might be considered a menial admin role- does not mean they cannot be more profitably employed elsewhere. I am shocked that there has been no calls for a skills audit in the Public Sector.
thebiglad wrote: » Yes €55k is a decent wage but... If you suddenly receive that today - have previously earned €20k then happy days. If however you previously earned more then you have probably cut your cloth based on the higher salary - it is more difficult and many previously higher earners have lost their jobs or seen their salary reduced. Please do not start with the well I earned €27k and reduced to €x cos that is not the point I am going to make. Based on the earnings of €55k pa rightly or wrongly they have probably gotten a mortgage which is around €2k per month in repayments. Add to that a car loan (which a lot of us have) and then the utility bills and basically they are no better off than the rest of us and have a lot further to fall if they do lose that €55kpa job - there are even less of them than there are in the €25k - €30k bracket If you do not have a mortgage (or a lower cost mortgage) then it is very good, if not then it is possible to struggle with an income of €55k as much as the next guy - it is all relative. Doubtless many will shoot down this logic as they do not believe anyone should be entitled to spend money on a larger house or earn such salaries but the question was, is this a good salary. Answer yes but as I came in with, one adjusts living to their salary and it goes no further once the mortgage is paid.
avalon68 wrote: » Im not sure if it was before or after tax
thebiglad wrote: » Answer yes but as I came in with, one adjusts living to their salary and it goes no further once the mortgage is paid.
hellboy99 wrote: » It's more than enough if your not stupid and living beyond your means. Myself, wife and child get by on 22k, these people need to cop themselves on.
brianthebard wrote: » I agree that its a good salary, but will the person on under 30k (perhaps 29,500?) not be on a lower tax band? obviously the 55k person will take home more, but how much more?
Riskymove wrote: » ah I see so this thread is just a discussion about whether or not 55k is a good wage....but noone has actually said it isnt ......and the starting position is anyone disagreeing is a liar?...interesting
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