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Old 05-10-2012, 10:19 PM
 
1,922 posts, read 3,985,992 times
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I received an email from a fairly new advertising agency I applied to showing interest in my resume. They asked the dreaded "what salary are you looking to make" question, then added "what is the absolute minimum you will accept?"

I feel like they are trying to lowball.

This is a 5th Avenue, Manhattan, NYC based organization. The median average is $55,493 for entry level FA's based on salary.com.

Should I share this statistical information with them when I provide them with a number?

When they mean minimum are they trying to pay me the minimum? Should I give a range like $50,000 - $70,000?
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Old 05-11-2012, 06:51 AM
 
190 posts, read 471,441 times
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When you say entry you mean like absolutely no experience? I'd say 55k would be the high side for that.
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Old 05-11-2012, 09:15 AM
 
1,922 posts, read 3,985,992 times
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No, I have a years worth of experience.
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Old 05-11-2012, 02:24 PM
 
1,786 posts, read 6,899,366 times
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You're a financial analyst and you used the term "median average?"
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Old 05-11-2012, 02:47 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,198,343 times
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Quote:
Originally Posted by JTGJR View Post
You're a financial analyst and you used the term "median average?"

I was about to say the same thing. Saddly, there are boatloads of people in good finance and analyst type jobs who would fail a basic math or statistics class.
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Old 05-11-2012, 03:31 PM
 
1,922 posts, read 3,985,992 times
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I'm not an Analyst as of yet. That is why I said entry level. I've worked in Accounting before and would like to switch into Financial Research. I just accepted a temporary research assistant position with Standard and Poors in Manhattan. Hmmm, I wonder if I will go permanent. So now my question is: What is the starting salary for RA's in NYC?

I didn't mean to say median average. I meant to write "median salary". But thank you for your correction of my use of financial jargon. If you couldn't tell I had written this at midnight and was extremely tired from writing thank you notes. I had four interviews this week and three last week.


Quote:
Originally Posted by Randomdude View Post
I was about to say the same thing. Saddly, there are boatloads of people in good finance and analyst type jobs who would fail a basic math or statistics class.
Very rude and unnecessary in response to a post written when I was nearly half asleep. Wouldn't you say? And why do you sound bitter?

Last edited by nj21; 05-11-2012 at 03:44 PM..
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Old 05-12-2012, 12:20 PM
 
1,359 posts, read 4,849,731 times
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It was not in financial analysis, but I know the Big 4 accounting firms were starting NYC entry-level hires in the high-50/very low 60s...but that was prior to the recession.

I would guess one year of experience is probably not much better than zero from a hiring manager's perspective.
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