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So where will your stepdaughters move, and continue being an investment banker? the GM of the department store probably can move and keep relatively close to her same salary, but the i-banker, what's her plan?
and why did they choose Hoboken, which is one of the most expensive towns in NJ to live in?
yes, lots of old, wrinkly people from NJ move to Ft. Lauderdale. it's sunny. and people like that to maintain their wrinkles.
They will move to Charlotte and Seattle.
They moved to Hoboken because it has quick access to both of their Manhattan jobs and because they are young and single. They are both mid twenties.
depending on what you're talking about exactly, upper management has to be on site to manage their employees. many companies frown upon those people being invisible. If anything, lower level jobs are much more portable or telecommuting friendly. Your accounting group doesn't all need to be sitting next to each other as they pull data out of the GL and into Excel. That can be done in a home office or a starbucks easily. But executives are in many meetings all day with other executives. It would not be very good for them to all be in different locations.
It depends on the company, but my company has a very anti "work from home" culture.
It is rare to have a meeting, at for instance J&J, where peoiple actually sit in a room together.
Directors and VPs are often in PA or Belgium running US operations.
As one VP said, "J&J is an international company whose headquarters happens to be in New Brunswick."
Teams in PA have NJ members who rarely see team members face to face.
Global outsourcing has created a whole new world.......circular visitor office modules line the hallways and look like Woody Allen's "Sleepers', orgasmatrons.
Mileage for travel to and from PA is probably north of 50 cents a mile now.
For ceo level pay, a 23 million$$ bonus goes a long way on top of the yearly salary and perks.
Upper management doesn't manage worker bees.
Dems refused to tax the rich in the last days of JC and then accuse the reps of not taxing the rich.
You would have to be adled to tax anyone in NJ when the money already conscripted is wasted and well documented. Like poor parenting, some taxpayers and legislators think it is a good idea to raise taxes to compensate for the chronic and hereditary waste. Goals are never intended to be accomplished and serve only as sympathetic rationale to generate more cash.
No business will come to NJ when the current Rep administration is a fluke occurrence in a dem controlled state. Come in under CC and live under some DeBlasio like administration. NJ voters are keeping business out of NJ.
It is rare to have a meeting, at for instance J&J, where peoiple actually sit in a room together.
Directors and VPs are often in PA or Belgium running US operations.
As one VP said, "J&J is an international company whose headquarters happens to be in New Brunswick."
Teams in PA have NJ members who rarely see team members face to face.
Global outsourcing has created a whole new world.......circular visitor office modules line the hallways and look like Woody Allen's "Sleepers', orgasmatrons.
Mileage for travel to and from PA is probably north of 50 cents a mile now.
For ceo level pay, a 23 million$$ bonus goes a long way on top of the yearly salary and perks.
Upper management doesn't manage worker bees.
Dems refused to tax the rich in the last days of JC and then accuse the reps of not taxing the rich.
You would have to be adled to tax anyone in NJ when the money already conscripted is wasted and well documented. Like poor parenting, some taxpayers and legislators think it is a good idea to raise taxes to compensate for the chronic and hereditary waste. Goals are never intended to be accomplished and serve only as sympathetic rationale to generate more cash.
No business will come to NJ when the current Rep administration is a fluke occurrence in a dem controlled state. Come in under CC and live under some DeBlasio like administration. NJ voters are keeping business out of NJ.
JC is responsible for most of NJ's current problems. He was a thief and an a-hole.
Freshflakes the average teacher in NJ earns about $63,000. The average teacher has between 12-15 years on the job. They pay up to 30% of their healthcare and 7.5% of their salary goes to the pension they also have to pay social security and medicare.
Tom, you'd said this ad-nauseum and those who are open to understanding get it. Yet there are still many who refuse to listen to logic and facts and somehow believe that if they keep spouting it's the greedy cops/teachers/state workers who are solely responsible for the downfall of this state everyone will believe it. The sheer ignorance of the vocal few is mind boggling.
Here's my logic -- pay them less so less New Jerseyian's can starve.
Actual JC pushed through and signed the most important pension savings bill there is. The pension formula is now capped on the salary side at a maximum of social security wage max.
It is amazing how many of you have opinions based on such lack of knowledge.
Actual JC pushed through and signed the most important pension savings bill there is. The pension formula is now capped on the salary side at a maximum of social security wage max.
It is amazing how many of you have opinions based on such lack of knowledge.
Oh give me a break. Jon Corzine was and is a crook.
Stop splitting hairs and if you have some union agenda go visit the work/employment forum to bond with public worker thugs.
Right out of college in NJ? Around 30K is dirt poor which is what most would start at unless they are in engineering or finance. Most would live with their parents unless Daddy is giving them a check to support a city lifestyle.
40-45K is better in NY/NJ, but still scraping the barrell unless you have roommates. I'd say you'd live comfortably as a college graduate in NJ on 60-75K.
Here in LA wages are lower here, but COL is something like 15% lower than NYC metro area. You can stretch the dollar pretty well on 40K and still be saving money.
To live "well" as a recent college grad in much of NJ one needs the same salary as across the River in NYC; $60K to $70K. By "well" one means living in one's own apartment/home and not sharing with one or more roommates and that one has enough income not only to service any debt but also save/invest and still be able to enjoy things.
Someone might be able to get by with a little less if they live in a lower housing cost area of NJ. But then that could mean increased commuting costs and time which may make it pretty much a wash.
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