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Old 06-02-2019, 10:12 AM
 
Location: New York
753 posts, read 921,074 times
Reputation: 321

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I went to interview for a highly reputable staffing agency in Wall Street for a recruiting position. The perks look amazing, I've done alot or research on the firm, and look at what current and former employees are saying. The position comes with a base salary + commission.
I loved everything that I heard and the career is promising (I've done in-house recruiting for the last 3 jobs and I had a great time doing it). The one thing that got me was the base salary was a bit on the low end. The base salary is $40,000 a year however to avoid calculating for OT (due to a new NYC law) they're going to pay me equivalent to $58,500 a year. $40,000 and 58,500 is a major difference, but if they're going to pay me 58.5K I love the opportunity.

Should I take this job?
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Old 06-02-2019, 10:22 AM
 
Location: Aurora Denveralis
8,640 posts, read 3,053,074 times
Reputation: 12905
You're going to work in Manhattan, live within commute distance and do it on $40k with the promise of another $18k in overtime?

Not sure where you are in "New York" now, but you do realize the economics of working in lower Manhattan?
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Old 06-02-2019, 10:42 AM
 
Location: New York
753 posts, read 921,074 times
Reputation: 321
Yes I do. I've worked in lower Manhattan before, but that was years ago when I was getting through college. Lower Manhattan can hurt your pockets but that extra 18K makes my expenses more bearable.

I just feel its strange to make a base salary 40K when you're paying out 58K. Should just make the base salary 58K lol
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Old 06-02-2019, 10:57 AM
 
4,069 posts, read 5,470,654 times
Reputation: 4920
Don't count on being there in a year. Of the recruiters that connected to me in LinkedIn, they always seem to be moving around 1-2 years. It seems to be very unstable. In a hiring freeze, recruiters are let go while others get to stay.

I would save as much money as you can. Keep your eyes peeled for new opportunities.
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Old 06-02-2019, 11:13 AM
 
1,697 posts, read 556,077 times
Reputation: 3581
That's very low for manhattan. I personally wouldn't take a job in NYC for that money, it'd be struggle to just get by.
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Old 06-02-2019, 11:23 AM
 
Location: New York
753 posts, read 921,074 times
Reputation: 321
Quote:
Originally Posted by Lekrii View Post
That's very low for manhattan. I personally wouldn't take a job in NYC for that money, it'd be struggle to just get by.
The 40K base or the 58K?? Or both?
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Old 06-02-2019, 11:25 AM
 
Location: North State (California)
39,632 posts, read 2,995,231 times
Reputation: 12949
You also can't count on the ot money, if there is not the need for OT you will not get it. Seems risky to me.
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Old 06-02-2019, 11:27 AM
 
1,697 posts, read 556,077 times
Reputation: 3581
Quote:
Originally Posted by Jonathanp219 View Post
The 40K base or the 58K?? Or both?
Both.
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Old 06-02-2019, 12:22 PM
 
Location: Aurora Denveralis
8,640 posts, read 3,053,074 times
Reputation: 12905
Quote:
Originally Posted by Jonathanp219 View Post
Yes I do. I've worked in lower Manhattan before, but that was years ago when I was getting through college. Lower Manhattan can hurt your pockets but that extra 18K makes my expenses more bearable.

I just feel its strange to make a base salary 40K when you're paying out 58K. Should just make the base salary 58K lol
Overtime is never guaranteed. Figure out how you're going to live on, say, $45k max - and if that works, and they're not BSing you, you'll have lots of gravy.

Bet on that $58k and you'll... well, I wouldn't.
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Old 06-02-2019, 12:25 PM
 
3,767 posts, read 2,127,585 times
Reputation: 10273
May as well go work at a McDonalds in Idaho then. Thats peanuts for NYC
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