It isn't bad, as the median income here is over £46,000 per year.(not the average, and certainly not the per capita GDP, as both those can be skewed via very high earners, and in a place like the US, also skewed by the FIRE economy aka paper profits, and a huge amount of unnecessary spending due to their profit-driven sectors for healthcare, uni, etc)
That all said, I work for myself, so any complaints on compensation I just have to look in the mirror, lolol.