What was your starting salary (approx.)? - Page 18

Houston, we have a troll on the radar.




It was fun playing. Again, wage and hour laws determine what positions may or may not be salaried. Have fun playing in the troll park without me.

Grow up.





By all means retreat...

What if I got payed for every 2 hours of work? What about every 4 hours of work? At what periodic interval would I transition from wage to salary worker?

Oh shit. ShaneB hates bankers! Let me pull out the list: -Wall Street is greedy -Bankers are terrible people -Bankers prey on the poor -Bankers caused the financial crisis -Bankers are overpaid and have a massive bonus -Bankers take no risk and reap all the rewards Have I forgotten anything else? You do know that investment bankers didn't cause the financial crisis I hope. Otherwise there's no point in even talking to you. And why do you care if a fresh faced 22 year old grad is making what took you 10 years to earn?

I don't really know whether yours is a genuine question or you're being ever so slightly facetious - http://www.dol.govt.nz/workplace/kno...base/item/1306 I'm quite surprised so many people don't know the difference between a wage and salary; I've always taken it as an elementary distinction... maybe it's a UK/US thing... I'm seriously beginning to think that this forum is populated by children... It maybe news to you, but many many people from all fields and all industries have been severely critical of bankers, and the banking industry in general. And of course, you're right, bankers and the investment banks had no cause whatsoever in the recent financial debacle... unbelievable... My displeasure with bankers and banking industry (generally speaking, because you can only talk about such things generally) is not based on some tawdry jealously (which I addressed above). Many people have been critical of the sector; so please allay your tired and childish accusations of envy...

this is such a stupid, pointless argument. no ones going to convince anyone of their viewpoint, so you all might as well stop and let the thread sail on its intended course.

Determing the difference between a US vs. UK thing by quoting a New Zealand website if pure comedy gold.

Try and follow the line of logic -

I gather it's a UK / US divide given that the distinction between salaries & wages is a elementary point in my country; evidently, that distinction seems to have been lost amongst all and sundry in the States (for some reason). But suffice to say, there is a distinction and my citing a NZ governmental department is merely because it provides the most lucid description of the two. Care to explain to me why you take such great offence in differentiating the two types of monetary reward? Why can't you just accept what the vast majority of people already know... why argue over something so very tangential...

asasas

Edited by bingebag - 12/3/11 at 6:58pm

Something I said a dozen or so pages ago...

Starting salary vs. career upside.

Opinions on careers that start meh but end up big time?

Best one I can think of is elected office and then going into the private world as a lobbiest.

This is a good point. My first job payed fairly well, which I liked, but had a flat trajectory. This sort of information isn't always easy to find prior to employment.

Jesus F. Christ are you serious? Do you get all your news from the NYT??? Do you even know what INVESTMENT BANKERS DO?????? The general public is so stupid its nauseating.

It is genuine. Please tell me what the time interval is.


When you say elementary, I think you mean meaningless. My pay varies 20-30% year to year at the same job. Do you know who else has a highly variable pay depending on performance? Salespeople, and of course bankers.


When Piob doesn't want to talk about it anymore, you beat your chest and shout taunts, yet others are children and you are the lone adult.

Expletives aren't arguments. I find it bizarre how some in this industry can create this veneer of complexity and loftiness when in actual fact none exists, hence the general public is 'stupid' because they seemingly don't understand (in your estimation) the nuances of banking. Well, this is false - when I say criticism has been levied at bankers and the banking industry across the board I don't say so arbitrarily: probably the four top and mainly read economics blogs have periodic critiques of the banking sector and certain contributory factors in the recent economic debacle (Baseline Scenario; Naked Capitalism; Calculated Risk; von Mises - these are free-market blogs written by esteemed economists and practitioners in banking; it is for those who want informed opinion and those who want to keep abreast in the wider market / economy). Need one mention the plethora of literature that has been written in the wake of the financial fall? So many narratives contributed to the debacle that clearly I'm not levying all the blame at banking, but for someone to take the line that banking, as a sector, had no affect whatsoever strikes me as absurd. I'm at a loss as to why you think banking should be insulated from criticism, or why you take great offence when someone shows their displeasure with the industry - suffice to say, my opinions aren't based on hearsay and half-truths. I equally find the arrogance and condescension of bankers nauseating, especially when the 'stupid general public' subsidises seemingly private enterprises. Yes they receive commissions or bonuses as an appendage to their salary - so that's a moot point. And there is no arbitrary 'time interval' for what constitutes a salary or a wage - I think that definition adequately determines the differentiation. I haven't thrown any taunts? The whole pointless argument is twofold: 1) Because I don't fall to my knees at the much fabled bankers I'm criticised. For some reason banking / bankers should be insulated from critiques (and all from making the comment that I'm unimpressed with industry - well cry me a river because views of a similar vain aren't esoteric in wider industry or informed opinion) 2) Because I make the valid differentiation between salaries and wages. People for some reason took offence to that - I can't explain why other than they want an argument - now that is childish. But enough is enough - this is really a pointless and trivial discussion - I'm the first to admit that.