Afford Skylines

[Browny_R31]

typical pay?
VP 3-6 years of work?
$90k straight out of school?



what kind of crack are they smokin?

i tend to agree with king cobra. I know a few VPs and they arnt exactly struggling with money but no way did they go straight out of school to a 90k job. expect about half that IF u get a job

[raijin-xiii]

don't want to burst your bubble but those pay figures are in American dollars and are likely from before the economy took a turn for the worse. Also the source of it is "conversations with industry insiders" which is most likely bias and kinda takes away credibility of those statistics. Good luck making the big bucks though, there is a lot of money in the "green" industries right now and in Canadian banks. btw money doesn't buy happiness

ok first off, if you'd read the link I posted in response to McFly's post, you'll see this, right before the numbers I posted:

All-in salaries plus bonuses are generally down 40% to 80% from 2007, depending on the firm. Quite a few people have been laid off or have received zero bonuses. Bonuses should trend up after 2009 assuming financial markets stage a recovery. Bulge firm salaries typically run 20% to 40% over boutiques and regional firms (although there are prominent exceptions to the rule). Forecast salary ranges in the 2009 to 2011 period are as follows:

so, these salaries are up-to-date.

otherwise, I understand the source of THAT info came from "insiders," but you can't fight the actual earnings from 2008/early 2009 that I posted in that PDF that includes:
- New Analyst, starting in June 2009 (this is first year working anywhere)
Base Pay $70,000
Bonus $15,000
Total $85,000
that's pretty close to $90k.

- First Year Associate, New York
Base Pay $120,000
Bonus $70,000
Total $190,000
that's pretty close to $170k

etc., etc.

otherwise, my dad's friend's brother works in a firm in toronto employing 21 people. 19 of the 21 people that work there make over $1million/year.

I have looked into many sites etc and we'll never know what info is the best.. I mean.. lots of people work in this field.. small firms to gargantuan banks.. pay is going to vary greatly. note that these salaries are mainly in new york, the hotbed of $$$$$$. I'm hoping on ending up there.

and I am fully aware that money won't buy happiness. on the other end of the spectrum, love isn't all you need (sorry beatles!). I'm prepared to be unhappy or whatever... it's just something I've accepted. I'm not really the attaching or emotional type, so I'm confident that I've got the mentality to see this occupation through.

guys cmon.. I took numbers from a website.. don't bash me
if you're nice to me now, I might be nice$$ to you in the future

side note: had a meeting at work today.. minimum wage is going up to $9.50? I make $10.35. so at the end of this march, I'll be making 85c more than minimum wage, working at the same place for 3 years and holding the position of manager
you could say my lust for money is fueled by the resentment of my current pay...?

to each his own.
and stop crushing my motivation/hopes!

[Chris_RB]

There's always something more expensive. There's always something you'll want more than what you have. More money never solves this. If anything it makes it worse. That isn't aimed at anyone particular, just common sense.

[DeviantRebel442]

Chris i understand you...haha theres always something else...

and raijin...its sounds cocky...i understand and its exciting to know how much you can possibly make one day...

but flaunting possible salary, and that fact that you dont make it currently can turn people sour...im not saying its a BAD thing...but some people take offense...and well think your ridiculous haha

money is the be all and end all of problems...

whenever i bring up money with my friends i get a bad glare just cause i save more and am more frugal then them...

smart advice for the future...never discuss wage, and dont count your chickens before they hatch...

i know im heading into the same field...its exciting...but just keep it on the DL..

[Skym]

Earning more money means some just lift their standard of living or take on bigger debts and then run out of money and want to earn more money.

I think 40K is about right. Most people I knew earnt around that amount of $$ straight out of uni with a Bachelor. Some got a car, but slightly lower pay.

Like I have already mentioned, out of school the big pay is not going to happen without some type of apprenticeship to gain experience in the industry. Need at least 2 years experience.

Think of it this way, if an employeer had the choice between a uni graduate and a person with uni + 2 years experience in the industry, who would they employ???

Another way is to start your own business and freelance to bigger businesses, as it's a way of gaining experience. Then work for a big company.

[sexonwheels]

Good grades in school does make a difference. Just because you got average grades and have a better job than your friends means you have incompetent friends. Sure, once you get the degree you have the degree, but when it comes to Engineering it looks great on a resume to post your 3.9 GPA and all the scholarships and awards you've won.

My Brother is first year out, got some award for having the highest marks in the faculty in his final year, makes 140K a year at a job where he gets 4 months off every year, and is getting paid to go back to grad school. Something tells me he wouldn't be where he is if he slid through with a 2.1 GPA.

Also, getting good grades means scholarships, and scholarships mean less money spent on tuition.

Oh how I wish I had 3.9 GPA.....:hit_head: