4 ms·
> People who don't earn much It's very, very important to note that the author is not a person who "doesn't earn much". Looking at Figure 6 at https://www.ons
by tom_mellior 6y ago
> People who don't earn much
It's very, very important to note that the author is not a person who "doesn't earn much".
Looking at Figure 6 at https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/annualsurveyofhoursandearnings/2020 https://www.ons.gov.uk/employmentandlabourmarket/peopleinwor... it looks like UKP 55k/year is around the 80th percentile for "professional occupations". The only groups that earn more than that on average (median? not clear) are various senior managers, doctors, lawyers, pilots, and train drivers (the latter surprised me). Being at 70k in two years would put the author -- a lowly programmer -- on a level with "information technology and telecommunications directors" (emphasis mine).
For whatever it's worth, the "finance and investment analysts and advisers" the author envies are listed at 37k, which is less than "programmers and software development professionals" at 44k.
- deleted 6y ago[deleted]
- onion2k 6y agoThe problem with looking at salary is that the fact you're in the 80th percentile doesn't mean much if everyone you know is in the 90th percentile - you're still going to feel like you're badly off.
- deleted 6y ago[deleted]
- rich_sasha 6y agoAdditionally, if you earn in the 80th percentile, you probably live in a high cost of living location, so your disposable income is not necessarily 80th percentile too.
- WheelsAtLarge 6y agoPay satisfaction is relative to your surrounding so if your pay is in the lower range of your peers/coworkers then you will feel badly paid no matter how much you earn relative to the general population. I suspect he has an understanding of what his co-workers are paid at his company so he feels under paid.
- tom_mellior 6y agoI understand that the author isn't satisfied with their pay. But that doesn't mean that they are in fact paid badly. By any measure other than the author's feelings, they are paid pretty well.