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View Poll Results: Is it possible to live off $54K in the Hartford area?
Yes 31 83.78%
No 6 16.22%
Voters: 37. You may not vote on this poll

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Old 10-30-2015, 10:03 PM
 
Location: Florida
11,669 posts, read 17,937,475 times
Reputation: 8239

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Quote:
Originally Posted by BobNJ1960 View Post
Close to bottom. Most corps truly intend to pay in bottom half of listed scale, and only pay top half if you have a current job paying too much to get you to take lower half.

They will also always get folks with many years of Gen exp, even when they don't ask for it.

If you had the Ohio job, you'd get upper 50s with ease. Because you don't, it is very unlikely. the recuiter just wants you to go for it, as he knows if all they offer is 54k you based thread on, his pitch is "54 is more than 0".
Again, that's not true.

Every single job I ever landed (other than the Ohio job), I landed while unemployed and ALWAYS got the higher end of the pay range. I always got a raise; often times significantly more.

It's foolish for an employer to hire someone at the low end of the pay range, because they risk losing the employee later on down the road. And companies want to avoid turnover.

Regardless, I do not allow employers to stiff me. If I'm not happy with the deal, then it's NO deal. They cannot just take advantage of me like that, because I do not allow it to happen.

 
Old 10-30-2015, 10:25 PM
 
34,001 posts, read 17,030,256 times
Reputation: 17186
We'll see, but you posted this thread asking if 54k was doable, a 9k cut from Ohio, after a 12k base cut from Stamford.

So this thread topic represents a 28% cut on base alone in the same state (Hartford vs Stamford).
 
Old 10-30-2015, 10:47 PM
 
Location: Florida
11,669 posts, read 17,937,475 times
Reputation: 8239
Quote:
Originally Posted by BobNJ1960 View Post
We'll see, but you posted this thread asking if 54k was doable, a 9k cut from Ohio, after a 12k base cut from Stamford.

So this thread topic represents a 28% cut on base alone in the same state (Hartford vs Stamford).
The cuts are of less concern to me than the ability to change my career direction, while still being able to live rather comfortably.
 
Old 10-30-2015, 10:53 PM
 
34,001 posts, read 17,030,256 times
Reputation: 17186
Why would you expect to like General more than Tax accounting? It will still be the same degrees for employees, bachelors and/or MBAs, with an accounting major.

Plus General is more likely to expect monthly ot at close.
 
Old 10-30-2015, 10:57 PM
 
Location: Florida
11,669 posts, read 17,937,475 times
Reputation: 8239
Quote:
Originally Posted by BobNJ1960 View Post
Why would you expect to like General more than Tax accounting? It will still be the same degrees for employees, bachelors and/or MBAs, with an accounting major.

Plus General is more likely to expect monthly ot at close.
Tax is extremely complex and is a PITA. There are too many dimensions to it (book vs. tax, federal, state, local, current, deferred, pretax, tax, etc.). It is aligned with the Internal Revenue Code, which as everyone knows is a colossal nightmare. It drives me insane.

General accounting only deals with GAAP and book numbers.

You are right that general accounting has monthly closes, but it only lasts for 1-3 nights. Tax has quarterly closes, which can be a real nightmare, depending on the company.
 
Old 10-31-2015, 04:29 AM
 
Location: Orange Virginia
814 posts, read 910,931 times
Reputation: 615
Quote:
Originally Posted by Stephy0519 View Post
Definitely do-able. I did it on less then that back in 2011, before I was doing what I am now, with a little debt, living in a one bedroom, by myself on the beach in West Haven.
Good point, Nep needs to keep in mind its not what you make its what you keep that makes all the difference.
 
Old 10-31-2015, 04:08 PM
 
Location: Connecticut
34,913 posts, read 56,893,272 times
Reputation: 11219
This thread has gone off topic. Please return to the topic of the OP which is living on $54,000 per year in Hartford. JayCT, Moderator
 
Old 10-31-2015, 07:47 PM
 
Location: Fairfield, CT
6,981 posts, read 10,942,355 times
Reputation: 8822
Of course it's possible. It's just a question of where you have for live, the size of the place, and the amount of discretionary spending money you have.
 
Old 10-31-2015, 11:33 PM
 
Location: Orange Virginia
814 posts, read 910,931 times
Reputation: 615
It's roughly 4,153.86 per month or around 1,038.46 a week, not sure why someone could not live on that.
 
Old 10-31-2015, 11:35 PM
 
34,001 posts, read 17,030,256 times
Reputation: 17186
Quote:
Originally Posted by STEVEN 1 View Post
It's roughly 4,153.86 per month or around 1,038.46 a week, not sure why someone could not live on that.
People live off net, not gross pay.
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