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Is the £100k salary really that much? |
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#1 |
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Join Date: Jun 2006
Location: On the beach
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Is the £100k salary really that much?
Is the salary of £100k really that much in this day and age. For instance, many GPs earn this sort of amount.
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#2 |
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Join Date: Apr 2007
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I don't think they are doing it for the wage.
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#3 |
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Join Date: Jan 2007
Posts: 4,850
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I think £100,000 is plenty
I'd cope nicely with that
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#4 |
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Join Date: Dec 2006
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Is the £100k salary really that much?
I was thinking of that too. I guess plus free publicity I wonder what the Apprentice US winner gets |
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#5 |
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Join Date: Feb 2007
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I know, and it isn't £100,000 paid up front. They've actually got to work for a year to get it.
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#6 |
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Join Date: Jun 2001
Location: Cambridge
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Are you kidding? The average wage in Britain currently is £26,000 a year. If somebody can give me a job earning £100,000 please let me know!
Source: http://www.rcartmale.freeserve.co.uk...erage_Wage.htm Last edited by jobbio : 08-04-2007 at 18:28. |
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#7 |
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Join Date: Jan 2005
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GPs have to study and work their way up to high salaries.
£100k is more than enough for some reality TV prize, I doubt these people are going to change the fortunes of Amstrad, earning the company billions, if they were they deserve much more cash. |
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#8 |
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Join Date: Nov 2006
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Quote:
Originally Posted by Radio Ga-Ga
I know, and it isn't £100,000 paid up front. They've actually got to work for a year to get it.
Last edited by amysmum : 08-04-2007 at 18:35. |
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#9 |
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Join Date: Nov 2006
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Hey, what happened there????
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#10 |
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Join Date: May 2006
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As someon on Basic minimum wage id be happy to get £15000 let alone £100000 so yes its a good wage
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#11 |
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Join Date: Jun 2001
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What you have to remember also is that £100000 is just a staring wage. If they do well at the company they may be given a raise and even they just hold steady at their jobs; they will be earning that amount a year!
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#12 |
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Join Date: Aug 2006
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Quote:
Originally Posted by Radio Ga-Ga
I know, and it isn't £100,000 paid up front. They've actually got to work for a year to get it.
Isn't that how most salaries work? Working before you get paid, plus I'm sure they'll be paid monthly. |
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#13 |
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Join Date: Feb 2007
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I agree. I don't earn anything like £100K a year, but actually lots of managementy types I know are probably on about 70-80K - if you're some kinda business whiz-kid it's not that amazing a salary...
(I'd be thrilled to bits with it, mind!) |
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#14 |
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Join Date: Oct 2006
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Quote:
Originally Posted by holy-moly
I wonder what the Apprentice US winner gets
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#15 |
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Join Date: Dec 2004
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Quote:
Originally Posted by jobbio
What you have to remember also is that £100000 is just a staring wage. If they do well at the company they may be given a raise and even they just hold steady at their jobs; they will be earning that amount a year!
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#16 |
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Join Date: Nov 2002
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Quote:
Originally Posted by jobbio
Are you kidding? The average wage in Britain currently is £26,000 a year. If somebody can give me a job earning £100,000 please let me know!
Source: http://www.rcartmale.freeserve.co.uk...erage_Wage.htm £100000 salary almost makes an average 3 bed house affordable. |
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#17 |
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Join Date: Jun 2001
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Quote:
Originally Posted by Lukey37
After Tim had ended his year on £100,000 he got his salary reduced.
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#18 |
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Join Date: Jun 2001
Location: Cambridge
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Quote:
Originally Posted by crazydave
Have you looked at the average house price lateley?
£100000 salary almost makes an average 3 bed house affordable. |
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#19 |
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Join Date: Jan 2006
Posts: 4,806
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Quote:
Originally Posted by jobbio
What does that have to do with the debate or what I said?
The UK apprentice seems kind of cheap overall compared to the US one. |
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#20 |
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Join Date: Jun 2001
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Quote:
Originally Posted by gregrichards
It means that although someone is earning £100,000 it wont mean you will have loads of cash to throw around after you have paid tax and have to get a mortgage on an average house.
The UK apprentice seems kind of cheap overall compared to the US one. You must remember also that the US is a much richer country than us and this is reflected in their TV shows and the fact that the Apprentice UK is on a publicly funded channel, wheras the US version is on a commercial channel. |
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#21 |
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Join Date: Apr 2005
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Last year it would have been a pay-cut for many of the candidates.
I don't know if that's true this year. Certainly it would have been a good deal for at least some of them. Some of them were having trouble getting work through conventional means. |
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#22 |
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Join Date: Jan 2007
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Don't forget performance-related bonuses - that is what can boos the basic salary four business people.
Also while it is true that some GP's do get this it is basically the same salary as a consultant gets in a hospital. More junior doctors get less. |
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#23 |
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Join Date: Dec 2002
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£100,000 isn't a huge amount and IMO is a big reason that we don't see serious talent in the show. I don't earn £100,000, I'm a bit of a distance away from there but the difference isn't big enough for me to quit my job for a 1 in 16 chance of winning.
To put it into context I manage sales people who are on £35k with on target earnings of £55k. If they are performing well they could earn £65k. These are good sales people, very good for our market but would they throw that away for a 1 in 16 chance of working for a company that has never really been a market leader and has had its fair share of failure. |
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#24 |
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Join Date: Apr 2007
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The £100k is a good nominal sum. It's higher than almost all the contestants will be earning already, and should be plenty reward for the job the winner gets. The salary isn't the prize, the job is.
This job, and the profile that goes with it, could be a great stepping stone to better things. |
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#25 |
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It gives about 5,300 per month after tax, hardly compensates for having to tell people you work for AMSTRAD
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