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Professionals wonder if they're rich.

PROFESSIONAL workers in the UK need to earn at least PS370,000 per year to feel wealthy, research suggests.

Salary benchmarking site Emolument.com asked more than 1,500 professionals if they considered themselves to be wealthy. While people in the UK tended to see themselves as wealthy if they earned at least PS370,000, in France people needed to earn around PS310,000 to feel wealthy and in Switzerland they needed PS208,000, the research found.

Like those in the UK, professionals in the USA also generally felt wealthy if they were earning at least PS370,000.

The amount people needed to earn to feel wealthy also varied with age, with people with up to five years' experience needing to earn PS93,000 typically and those who had been working for 10-15 years needing PS355,000.

Feelings of wealth varied by profession, with only one in four (25%) people in financial services feeling wealthy, compared with nearly a third (30%) of insurance industry workers. Only 15% of technology workers felt wealthy, as did 19% of those working in the media, music or gaming and 16% of those in the public sector and education.

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Title Annotation:Business
Publication:Western Mail (Cardiff, Wales)
Geographic Code:4EUUK
Date:May 24, 2017
Words:194
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