England is currently facing a crisis in the recruitment and retention of teachers, with one-in-three newly qualified staff leaving the profession within five years of completing their training. This paper investigates several different aspects of the lives of recently qualified teachers in England, including their life satisfaction, mental health, working hours and their social lives. Recently qualified teachers are found to have higher-levels of life-satisfaction than their peers working in other professional/graduate jobs, despite working longer hours for little extra pay. They are also less likely to believe that Britain is a place where hard work gets rewarded. Yet there is no evidence that recently qualified teachers have worse mental health outcomes, or have a less active social life, than young people working in other jobs.