What is classed as a well paid job?

[Ntokozo Joy Ndlovu]

A lot of aspects determine whether a job is high paying or not. For example, background, location and levels of qualification count. As a South African from a previously disadvantaged background and no college education, a job paying R600K (roughly $35K) would generally be considered a very high paying job.

[Ntokozo Joy Ndlovu]

100k in Rand is not great at all. It works out under R9000 per month, where housing for a single-bedroom flat, is between R5-6K. Which leaves under R3k for a car or public transport, groceries, etc. per month. Which is nothing actually. I believe R150k per year is a good salary and anything higher can become financially comfortable if you keep an eye on your expenses. In dollars, the rand is multiplied by R16/17 so there is a huge difference between $100K and R100k. I would most definitely be more than happy and comfortable with $100K per year.

I agree with you, i think location matters greatly in this regard. Financially comfortable in your terms would not be considered a high paying job in the USA since R150k is less than $10K.

[Hubre De Klerk]

That's very true! The location is very important*

[Owuamanam Eberechukwu]

In the appendix, Rusk lists a number of jobs and the average salary for that job. However, there was quite a range in the average salary, some of which I wouldn’t personally have counted as being a well paying job. What would be your threshold or aim when reading this book?

Well, I feel any job from 75k annually is great. I mean a full-time job.

[Blessing Chi Peculiar]

According to my personal opinion, lucrative jobs are those in which you can make it on one salary alone rather than several. I also believe that the quantity of training/experience needed for the position also has an impact.

[José Cortez]

I think well-paying jobs are jobs that can comfortably cater for our needs and provide us with financial freedom. This is hugely dependent on where we live as cost of living might be higher or lower.

[Salah bourouba]

for me being able to rent a decent house, eat what you want when you want, have the ability to travel or do extracurricular activities, and save is a well-paying job. otherwise, it's just a being able to survive job.

[Chinedu Nwakaji]

A well-paid job isn't just about the figures or the value of the salary. It's about its ability to solve one's needs considering the cost of living and standard of living in one's locality.

[Rocky Ellery James Tumbelaka]

A well paid job is a job with a salary that can pay off your monthly bill and still enough for you to spent on yourself. For me that is the definition of a well paid job.

[Tara D Morgan]

I think that any job that pays the bills, feeds the family, buys a car, gives a couple of holidays a year, and allows for Christmas birthdays and treats is well paid. I don't think a well-paid job is all about BIG money; having enough for your needs plus a little to save is enough for me as I also have a job which I am very happy doing ( which is worth more to me than a huge amount of money)

[Lindiwe Chakhala]

A well-paid job is a job with a salary that can pay off your monthly bill and still enough for you to spent on yourself. For me that is the definition of a well-paid job.

Agreed! That is if one has control over their monthly expenses. Otherwise, that salary will not be enough if one goes on regular shopping sprees! Because no matter how much you earn it will never be enough to cover frivolous expenditure.

[David Chijindu]

I believe that jobs that pay well are ones that allow you to get by on one income rather than several. I also believe that the quantity of training/experience needed for the position also has an impact.

[Kirsi Cultrera]

I think this depends on where you live. Rather than giving a specific amount, I'd say if the job pays your bills, supports the family (if you have one), and still leaves you enough to enjoy your life a little and save some dimes for bad days, it is a job decently paid. Furthermore, I think everyone has to define by themselves what is the amount of money they need to get by and be happy with their circumstances.

[Vine Michael]

I’d say it depends on the country one their staying in and how many dependents they have (if they have any) but I think $50k is a yearly salary for an average job.

[Alex Reeves]

A well paying job may be really tiresome, such that you don't enjoy doing it. However, any job that you enjoy doing, that pays up the bill, and even give room for savings, is what I'll call a well paying job.