Is 30k salary at 24 years old good or average in today’s climate?

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qold
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#1
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#1
I’m currently earning 31k. I aim to be 45k by the time i’m 30 at least which is 2 ‘promotions’ away. I am just wondering if this is a standard wage
nowadays or if I’m doing better than most. I’m 25 this year and i’m very conscious of my progress
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londonmyst
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It's a good salary for a 24 year old.
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username4952620
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You are doing very well. Give yourself a pat on the back
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username5027880
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Yes a very good salary for a 24, year old.
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difeo
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sick humblebrag bro
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Drewski
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(Original post by qold)
I’m currently earning 31k. I aim to be 45k by the time i’m 30 at least which is 2 ‘promotions’ away. I am just wondering if this is a standard wage
nowadays or if I’m doing better than most. I’m 25 this year and i’m very conscious of my progress
A cursory Google would have easily told you it's above the UK average wage for everybody.

What more did you need to know?
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Quady
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(Original post by qold)
I’m currently earning 31k. I aim to be 45k by the time i’m 30 at least which is 2 ‘promotions’ away. I am just wondering if this is a standard wage
nowadays or if I’m doing better than most. I’m 25 this year and i’m very conscious of my progress
Today its excellent - you're young with a job. Today that's a lot better than many.

That said I made the same as that when I was the same age as you. That was over a decade ago.

By 30, back in 2014 I was on over £50k.

So they aren't so ambitious figures but good enough. Are you a uni grad?
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NX172
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Depends on who you are comparing against, surely? The UK average? Doctors? Engineers? The average 25y/o working in Worcestershire?

The UK average: yeah, you're doing great. Well done, pat on the back, etc.
Other people with a degree working in London in a field with high earnings potential: It would be considered very low.

Without knowing a bit about your background I don't think anyone can provide a suitable benchmark.
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Chief Wiggum
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No, I think that is good, not average.
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qold
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(Original post by NX172)
Depends on who you are comparing against, surely? The UK average? Doctors? Engineers? The average 25y/o working in Worcestershire?

The UK average: yeah, you're doing great. Well done, pat on the back, etc.
Other people with a degree working in London in a field with high earnings potential: It would be considered very low.

Without knowing a bit about your background I don't think anyone can provide a suitable benchmark.
working in IT in london.
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claineldn
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I wonder why the U.K. pay so low... in America, the entry level salary for most industries pay £50,000 and beyond!!
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Profesh
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(Original post by qold)
I’m 25 this year and i’m very conscious of my progress
"Progress" towards what, exactly?
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qold
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(Original post by Profesh)
"Progress" towards what, exactly?
higher positions, more money, investments
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Profesh
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(Original post by qold)
higher positions, more money, investments
For what purpose?
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Quady
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#15
(Original post by qold)
working in IT in london.
Ah, ouch. OK not so good then. London is horribily expensive compared to the rest of the country. When I was on your wage at the same age in 2009 I was living in Warrington. £425/month for a one bed house with lounge to myself.
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Drewski
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(Original post by claineldn)
I wonder why the U.K. pay so low... in America, the entry level salary for most industries pay £50,000 and beyond!!
£50,000, or $50,000?
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CoryDeAth
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That's beyond average, dude! :yep: you've done well for yourself, let's put it that way!
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claineldn
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(Original post by Drewski)
£50,000, or $50,000?
£50,000 equivalent to nearly $70,000 in USD. America pays really well!
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historicism
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(Original post by claineldn)
£50,000 equivalent to nearly $70,000 in USD. America pays really well!
(X) Doubt
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Drewski
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(Original post by claineldn)
£50,000 equivalent to nearly $70,000 in USD. America pays really well!
For entry level?
Bull.
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