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Four years after my undergraduate degree I was still a graduate student, my income was just a stipend of about $20K. I don't really count that as a job. My career started after I got my Ph.D. Four years after that my salary was about $65K. That was in 1998.
Are you currently 4 years out now (meaning you graduated in 2008) or four years out at some point earlier.
Just curious cause I am about 4.5 years out and make that much.
I graduated in 2004 so 45k was in 2008. I was probably working 50 hours for that 45k but I did get an annual bonus that took it up to 50k as this was the finance industry. I got up to 55k plus bonus a year later but left for the public sector.
I graduated in 2004 so 45k was in 2008. I was probably working 50 hours for that 45k but I did get an annual bonus that took it up to 50k as this was the finance industry. I got up to 55k plus bonus a year later but left for the public sector.
That's pretty decent considering you graduated during the recession. A lot of my friends with good degrees and grades were working crap jobs to get by.
That's pretty decent considering you graduated during the recession. A lot of my friends with good degrees and grades were working crap jobs to get by.
2006/2007 were very flush times at my company. No limits on spending while traveling. VP's were always getting food catered when they visited. They did move my division in 2008 to another city to save money but they offered a moving package to everyone(even the average employee). If you didn't move they offered you a 10-20% of your pay to stay on until the end of the transition before moving to another job with the company. It was like this at least a couple other investment companies I knew people at.
Layoffs did hit soon after but the good workers were kept and they just got rid of the lower producing ones.
That's pretty decent considering you graduated during the recession. A lot of my friends with good degrees and grades were working crap jobs to get by.
2004 wasn't the recession. If anything it was the opposite. Recession didn't really start til 2007 I believe.
I remember when my nephew got his first engineering job right after college. This was about a dozen years ago. His first job paid $62,000 a year. His mother (my sister) was stunned as she had worked at her job as a school social worker for almost thirty years, had a masters degree plus 30 or 40 credits and was making about $59,000 a year (and that included the extra money that she earned from taking on extra weekend responsibilities and from working several weeks each summer).
She was very happy for him but suddenly felt very underpaid and underappreciated at her job.
I've never really understood those who react that way. Lots of people can be social workers, and they don't get valuable with more experience.
Fewer people can become engineers, and they do get more valuable with experience. The difference in compensation makes sense.
If she's making good money relative to other social workers, that's what counts. It doesn't make sense to compare herself to engineers.
I got a 1k raise modest salary after being with company for 5 years. Yep pretty pitiful. I think the only way to get a great increase is to change jobs. A coworker told me I wouldn't make much more if I left but I don't believe it.
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Doing what?
