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What was your starting salary (approx.)? - Page 14

post #196 of 474
Quote:
Originally Posted by Meis View Post

Meh, I kind of hate the "recent grads aren't worth anything" line of reasoning when people argue recent grads are either overpaid or that they shouldn't make much. Its not that simple. I'll use law as an example - People complain that new attorneys aren't worth shit, yet the firm that employs them is still making lots of money with the new grad considering how much they bill the new assoc out at.

Don't most corporate law firms (in NYC at least) start their new hires at about $160k salary (not including bonus, etc.)

That's not that small of a number for base salary first year out if you ask me.
post #197 of 474
Quote:
Originally Posted by Lord-Barrington View Post
This thread seems to be filled with rampant dishonesty. Either SF is filled with bankers or we have some salary inflation going on here.

Second post in the thread:

Quote:
Originally Posted by Piobaire View Post
Dood, I lived under the poverty line until my mid-20s. Stop bitching. Also, thought you were in some island paradise as of today?
post #198 of 474
Quote:
Originally Posted by alphaO888 View Post
Don't most corporate law firms (in NYC at least) start their new hires at about $160k salary (not including bonus, etc.)

That's not that small of a number for base salary first year out if you ask me.

In TX it's less than half that on average (not sure about corporate specifically), but half that is still a lot.
post #199 of 474
Pharmacy salaries can start in the $120k area.

I feel like the work would be immensely depressing, but I can't imagine that there is a better route to a high starting salary. Consider that we are talking about a 40 hr/week job that can be obtained with 6 total years of school and much less debt than Law School.

I think the only way to beat that (with a job that has reasonable working hours) is throwing down a 4.0 in an undergrad engineering program, but that is extremely difficult.
post #200 of 474
Quote:
Originally Posted by Meis View Post
Meh, I kind of hate the "recent grads aren't worth anything" line of reasoning when people argue recent grads are either overpaid or that they shouldn't make much. Its not that simple. I'll use law as an example - People complain that new attorneys aren't worth shit, yet the firm that employs them is still making lots of money with the new grad considering how much they bill the new assoc out at.

recent grads aren't worth anything to be honest unless you're from a specializing like engineering and etc. where you have some of the core skills. even then, it's a little iffy.

I know a lot of companies pay for 1-3 months of full training @ salary (like 70-80K). A lot of the times, these grads are pretty much learning something new and aren't really applying anything from their education.
post #201 of 474
Quote:
Originally Posted by austinite View Post
Pharmacy salaries can start in the $120k area.
I feel like the work would be immensely depressing, but I can't imagine that there is a better route to a high starting salary. Consider that we are talking about a 40 hr/week job that can be obtained with 6 total years of school and much less debt than Law School.

I think the only way to beat that (with a job that has reasonable working hours) is throwing down a 4.0 in an undergrad engineering program, but that is extremely difficult.

Pharmacists are grossly overpaid IMO
post #202 of 474
Oh, gosh, that is hilarious.

Quote:
Originally Posted by Jangofett View Post
Like in Boiler Room, a casino in his basement, or selling counterfeit LV bags or pimping for some hot chicks in some resort ... ...
post #203 of 474
85k, law, plus bonus (10-30%), other perks. It goes up pretty quick, about a 15% base salary increase every year until (hopefully) eventually partnership.
post #204 of 474
34k + perks for continuing education. NYC teacher, 2001 Teach for America
post #205 of 474
Recent grads in many industries aren't worth anything -- witness the growing incidence of unpaid internships in fields such as communications, marketing, etc.
post #206 of 474
Quote:
Originally Posted by ezlau View Post
Good man. Hope you enjoy what you are doing

I do enjoy it. Some days are difficult, but that is to be expected with any job. Thanks!


Quote:
Originally Posted by Chico2007 View Post
Big props to you. Certainly an underpaid and overworked field.
You can still make a decent living if you play your cards right. Although once looked down upon, going to a state or county agency can be a good career move. PM if you need any more info.

Thank you! I will PM you shortly about more info. That would be great. I plan to go back to school to get my MSW and maybe continue on to work in the Armed Services or at a VA hospital.
post #207 of 474
Quote:
Originally Posted by austinite View Post
Pharmacy salaries can start in the $120k area.

I feel like the work would be immensely depressing, but I can't imagine that there is a better route to a high starting salary. Consider that we are talking about a 40 hr/week job that can be obtained with 6 total years of school and much less debt than Law School.

I think the only way to beat that (with a job that has reasonable working hours) is throwing down a 4.0 in an undergrad engineering program, but that is extremely difficult.


My brother is a pharmacist and that's roughly what he started out at. Depending on what situation you are in, you can either be overworked or under worked. Walmart for example usually has a high work flow rate whereas kmart you sit around doing nothing all day, which in some ways can be worse because the time passes so slowly. As for it being a depressing job, my brother says he loves it. He gets mad because I think pharmacists are overpaid for what they do and he insists it's not just counting pills, but every time I've visited him that's exactly what he's doing.

As for me, I started out as a lab rat at 30k and after 2 years and training I was in the 45k area. IMO that was not right as there were Med Techs with associate degrees from shit schools that made more money than me with my good school 4 year degree and mountain of debt. After that I decided I was going to pursue another field where I could make a lot more money.
post #208 of 474
Quote:
Originally Posted by ShaneB View Post
They're overpaid. Boutique, as in small company, paying 65k for a graduate for a fresh faced 21/22 year old? Unbelievable and to be honest I'm not sure I believe it.

Some people might be surprised how big the disparity of productivity can be among people. We all know the low end; cashiers that can barely handle being a cashier. If you have not witnessed how much work some bankers/analysts/consultants/lawyers etc can do in a day, you might not believe it.

I don't mean to imply that all boutique IB analysts deserve $xx, but several of my friends deserved every cent of their $100K+ incomes immediately after undergrad.
post #209 of 474
Quote:
Originally Posted by archetypal_yuppie View Post
Some people might be surprised how big the disparity of productivity can be among people. We all know the low end; cashiers that can barely handle being a cashier. If you have not witnessed how much work some bankers/analysts/consultants/lawyers etc can do in a day, you might not believe it.

I don't mean to imply that all boutique IB analysts deserve $xx, but several of my friends deserved every cent of their $100K+ incomes immediately after undergrad.

I think you'd be surprised if you saw how LITTLE IB analysts accomplish in their 20 hour "work" days.

Isn't this a thread about salaries, i.e. not including bonuses? Bonuses can be extremely difficult to forecast and vary pretty widely year to year, especially if you look at the last 5 years.
post #210 of 474
Quote:
Originally Posted by alphaO888 View Post
Bonuses can be extremely difficult to forecast and vary pretty widely year to year, especially if you look at the last 5 years.
Depends on the profession. I'm pretty sure most of the dudes in our securities group have been getting the same %age bonus for years, even though the salaries on which that's calculated have gone up and thus increased the bonus accordingly.
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