How much should you be earning at the age 23-25?

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frostfly
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If you have been educated to degree level.

Any ideas or experiences?
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Commercial Paper
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(Original post by honour)
If you have been educated to degree level.

Any ideas or experiences?
Depends on location and sector.

If you're in an average graduate career in London, then between £30,000-£40,000.

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Sammylou40
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(Original post by Commercial Paper)
Depends on location and sector.

If you're in an average graduate career in London, then between £30,000-£40,000.

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:lolz::lolz::lolz::lolz:
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Gerry-Atricks
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(Original post by Commercial Paper)
Depends on location and sector.

If you're in an average graduate career in London, then between £30,000-£40,000.

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that seems far too much for 23 years old
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ChaoticButterfly
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My experience is on anywhere between 0 and £6000
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frostfly
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(Original post by Commercial Paper)
Depends on location and sector.

If you're in an average graduate career in London, then between £30,000-£40,000.

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Is it possible to give me a rough figure if I was living the South East (not London), and was from the Business/consulting/management sector?
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kkboyk
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That entirely depends on the field/job you go into, and the level of experience you hold. Majority of this sort of data for each type of job can be found in Glass Door website.

Edit: the average graduate salary is £28k according to Glass Door (was updated last month).
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Angry Bird
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according to tsr standards a 21 year old graduate should be earning 100k minimum


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username738914
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(Original post by honour)
If you have been educated to degree level.

Any ideas or experiences?
There is no set number.

Depends entirely on your situation (industry, company, location, job level/type etc) and other factors (did you go to uni straight from school? did you land a grad scheme or not?).


The known range of people I know is:

£20k (not on a grad scheme, doing creative work for smaller outfits)

to

£30-35k (3rd/4th year after a grad scheme in various positions)

to

£45-50k (1st/2nd year trainee lawyer at a city firm, ACA qualified big4 accountants)

to

£65-150k (various high end consulting/tech/finance roles, NQ city lawyers).

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username738914
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(Original post by honour)
Is it possible to give me a rough figure if I was living the South East (not London), and was from the Business/consulting/management sector?
I'd say that range still holds.

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Commercial Paper
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(Original post by glad-he-ate-her)
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that seems far too much for 23 years old
Well all graduate schemes in London across Professional Services, Technology, Consulting, Banking, Law as well as the large corporates which make up a huge number of positions all pay at least £30,000 or just below, and some significantly more, so certainly by age 25 you would be in this range.

(Original post by honour)
Is it possible to give me a rough figure if I was living the South East (not London), and was from the Business/consulting/management sector?
As a rough guide, knock off 20% OP so £24,000-£32,000. If you're on less than this then I'd be tempted to say you can get better offers elsewhere.

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LilBlonde
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(Original post by Princepieman)
There is no set number.

Depends entirely on your situation (industry, company, location, job level/type etc) and other factors (did you go to uni straight from school? did you land a grad scheme or not?).


The known range of people I know is:

£20k (not on a grad scheme, doing creative work for smaller outfits)

to

£30-35k (3rd/4th year after a grad scheme in various positions)

to

£45-50k (1st/2nd year trainee lawyer at a city firm, ACA qualified big4 accountants)

to

£65-150k (various high end consulting/tech/finance roles, NQ city lawyers).

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how many are making 100k - 150k?
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LilBlonde
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(Original post by J-SP)
Probably less than 0.05% of the graduate working population.


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Thought so still.. curious which roles they are and if people get onto them straightaways after norm grad schemes :yep:
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username738914
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(Original post by LilBlonde)
how many are making 100k - 150k?
A miniscule % of the graduate population, at a guess probably .5-1% of graduates that age.

The bulk of the bell-curve will be from like mid teens to £40k
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LilBlonde
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(Original post by Princepieman)
A miniscule % of the graduate population, at a guess probably .5-1% of graduates that age.

The bulk of the bell-curve will be from like mid teens to £40k
Thanks. I meant how many do you personally know I know you network a lot

You mean 15k - 40k then?
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Kravence
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25k-35k in London seems reasonable and then higher if you're in a really good field or have past experience etc.
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username738914
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(Original post by LilBlonde)
Thought so still.. curious which roles they are and if people get onto them straightaways after norm grad schemes :yep:
Training contracts at the higher end of corporate law firms in city, front office roles within finance, higher end consulting, higher end technology roles (usually at financial companies or brand name tech companies) etc.

Application to place ratios are 50-100+ for any of these plus hours are pretty long.
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username738914
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(Original post by LilBlonde)
Thanks. I meant how many do you personally know I know you network a lot

You mean 15k - 40k then?
My network is a bubble tbf..

I know probably 50-60 odd people that I can speak to personally who are in high paying careers or have internships leading to them (way more on my linkedin, but that's obviously less personal).

The rest are still at uni, on big-ish grad schemes across accounting, engineering, marketing etc, left school to work in trades/non-professional oil&gas jobs, are foundation year medics, work in retail/catering, do freelancing etc

Yes that's right.
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LilBlonde
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(Original post by Princepieman)
My network is a bubble tbf..

I know probably 50-60 odd people that I can speak to personally who are in high paying careers or have internships leading to them (way more on my linkedin, but that's obviously less personal).

The rest are still at uni, on big-ish grad schemes across accounting, engineering, marketing etc, left school to work in trades/non-professional oil&gas jobs, are foundation year medics, work in retail/catering, do freelancing etc

Yes that's right.
Is it better to do that?

Sorry I'm hungover, wasn't typing clearly. I meant how many people do you personally know earning, say, 100-150k at around 23-25?

I need your networking skills tbh
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username738914
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(Original post by LilBlonde)
Is it better to do that?

Sorry I'm hungover, wasn't typing clearly. I meant how many people do you personally know earning, say, 100-150k at around 23-25?

I need your networking skills tbh
Personally, around 15?

A few banking/trading associates, some 2nd/3rd year PQE magic circle lawyers, few software guys at large tech companies, some consultants at Mck and BCG and a private equity associate from my old old school.

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