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What a lot of people fail to realize is that there is an entry level salary, mid career salary. and the salary you're earning near retirement. It seems college grads are expecting to get the mid or ending career salary. That $12-14 an hour entry level wage is about right unless you majored in something that leads to high entry level salaries like computer science.
Yes, this makes sense. I hate my job not because of the salary (I make $16.50/hour.... take home $800 at each pay after deductions), but because it's not leading me to a career I want. Writers are not needed where I live. I'm looking to move eventually, but I need a job that directly relates to English to get me to where I want to be. I've worked on a "changing my career" though I have more part-time writing experience than full-time call centre experience, but no hits. I am not sure why I'm not getting any hits.
My niece graduated from law school last year and was hired at $180,000 by a top law firm in the Bay Area. Of course, just living there will eat most of that up.
Many of the new grad foreign workers start at about the same and demand months of time off each year.
To be specific. A 21 year old starting their first corporate job at a large company. Purchasing, supply chain, stock buying, inventory management. Large metropolitan areas like Chicago and surrounding subirbs. I’ve noticed a trend of older experienced employees being passed up for young adults with no experience and I wonder if it’s salary based. I’m told you can start kids right out of school at 35K but I know some that demand 60K right off the bat. I make 46K and I’ve been in the corporate world for a long time.
$35k is about right for Chicago. Average is around $27k. The title would be Inventory Control Specialist as manager would be someone with much more experience and would be managing others. Other jobs, such as engineering start higher. You may need to start looking to move up as you may have topped out on the pay scale for the position. Actual managers can earn much more in large firms.
To be specific. A 21 year old starting their first corporate job at a large company. Purchasing, supply chain, stock buying, inventory management. Large metropolitan areas like Chicago and surrounding subirbs. I’ve noticed a trend of older experienced employees being passed up for young adults with no experience and I wonder if it’s salary based. I’m told you can start kids right out of school at 35K but I know some that demand 60K right off the bat. I make 46K and I’ve been in the corporate world for a long time.
My daughter is graduating in May and starting her new job in June. She is starting at 60k with a 5k signing bonus. Fortune 500 company in chicago. She was a finance major (deans list at U of illinois)and will be doing a “rotational” type training where you spend a year in accounting, then auditing, finance, etc. then she’ll decide what area she wants to concentrate on.
What a lot of people fail to realize is that there is an entry level salary, mid career salary. and the salary you're earning near retirement. It seems college grads are expecting to get the mid or ending career salary. That $12-14 an hour entry level wage is about right unless you majored in something that leads to high entry level salaries like computer science.
My final two years of college, I had the idea when I graduated college I would make $50k minimum (equivalent to $60k in today's money), immediately.
Looking back, I'm not sure why I thought that, but I did. I was pissed off & angry at the world when I realized it was false & cast about blaming everyone from my parents to high school teachers to the career counselors at college.
My daughter is graduating in May and starting her new job in June. She is starting at 60k with a 5k signing bonus. Fortune 500 company in chicago. She was a finance major (deans list at U of illinois)and will be doing a “rotational” type training where you spend a year in accounting, then auditing, finance, etc. then she’ll decide what area she wants to concentrate on.
She should thank her lucky stars she's graduating now. 10 years ago it was very different. The graduates at this moment are like the graduates in the mid-late 1990s.
To be specific. A 21 year old starting their first corporate job at a large company. Purchasing, supply chain, stock buying, inventory management. Large metropolitan areas like Chicago and surrounding subirbs. I’ve noticed a trend of older experienced employees being passed up for young adults with no experience and I wonder if it’s salary based. I’m told you can start kids right out of school at 35K but I know some that demand 60K right off the bat. I make 46K and I’ve been in the corporate world for a long time.
She should thank her lucky stars she's graduating now. 10 years ago it was very different. The graduates at this moment are like the graduates in the mid-late 1990s.
Absolutely.
We hear all this prattling about Millennials' student loan debt, no jobs, etc., but "Millennials" are a big generation.
I'll be 32 in a couple of weeks. I'm a Millennial. I should have graduated in 2008, but ended up graduating in 2010. I live in northeast TN. At the time, I was an econ major, finance minor, with enough credits for nearly a double major in political science. I couldn't even get a bank teller job in 2010. We lag the national economy by a year or so. I didn't get my first "professional track" job until I was a few weeks from being 28. It took nearly four years to get "on track" after getting "off track." I also had to move several times to get back "on track." I started off at $14/hr in a call center, and had to drive a hundred miles roundtrip to get that.
Contrast this to a 22 year old cousin of mine. Women's studies major, HR minor. She gets a job in her college town paying about $40k. She makes a lot more than I did starting out. Worse degree. She lives in a medium-sized metro in southern TN. She doesn't even have to relocate to a place she doesn't want to be. I moved from TN to IA, then TN to IN, for no reason other than employment.
It's certainly not perfect today, but today's new grads have it far better than my cohort did.
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Oh NO!! 
