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No. I’m a retired teacher now substituting. Making $85/day. I think $125 would be more appropriate. On the other hand, I don’t want my school taxes going up so, nevermind.
I just started a job 2 weeks ago. The same guy hired me for the same job at a different company 8 years ago. A technology expert reporting to the Chief Technical Officer at a company lacking the expertise. Compared to September 1, 2009, my base is $5K lower and the bonus is $10K lower. The health insurance is 80/20 employer/employee paid but is a lousy plan compared to 2009. 3% safe harbor 401(k) and medical/dental is the same. No short/long term disability this time. If you adjust for inflation and raises I received over the years, it's a significant pay cut but it beats my alternatives. I'm 59 1/2. I bump into severe age discrimination so nobody who doesn't already know me and know my capabilities is likely to ever hire me. It's high tech wages with health care. It lets me max a Roth 401(k) and comfortably funds all my expenses.
Prior to be 'relieved of position in favor of nepotism mania',I surely was making an above range for admin. Plus bonus's,spiffs,free phone ,company car,company credit card,5 wks vacay,and free range in tasks. It was a delight! Then...Coming out of the dream job..Hitting the interview scenes,I was hit with the realization just how little folks are willing to take in low pay . Currently my area is paying maximum $6.00 /hr less then what I even started at some 14 years ago! (With no benefits). Now choosing another career endeavor and that too is starting out at low pay despite my experience in that industry. I truly try to encourage folks to be upfront at hire what pay range your skills are valued ,because by law once your hired they don't ever have to increase or give raises...Short of the govt increasing minimum wage. Capice?
Would I like more? Sure. Do I want more? No! Not right now.
I know that I'm paid well among my contemporaries. I do not want to be the "fatted cow" that stands out and gets cut in some bean-counter's cost-savings exercise based on salary. So I'll be glad to stand pat at my current rate for a little while.
Based on local COL, I would say no. I'm a reference librarian, which requires a Master's Degree, and yet we're paid just above a teacher's salary (if they were on a 12-month schedule) - and to be a teacher, you only technically need a BA/BS + credential. Meanwhile, engineers around here are often making DOUBLE my salary, and again, they're not always required to have post-graduate degrees.
Now, if I were earning my current salary ($80K) in just about any other region, I'd be very satisfied! But when considering Bay Area COL, I'd say we should be earning at least $10-20K more (so $90-100K annual gross). When a single person with no children is struggling to make rent on a professional salary, there's definitely something wrong.
I am probably about right where I am. I do a fair bit of work that really doesn't need an MSc mixed with some really complex projects that do. I am satisfied with what I am earning and my hours and the job overall and given how bad other companies treat chemists and how much I hate the hiring process anyways I am gun shy about going elsewhere.
I'd say most people in my profession are severely underpaid. I know chemists getting $15 an hour. Unfortunately that has a very bad effect on even companies that so treat their chemists well as it is hard to find experienced and competent analytical chemists as many of them have moved on from the profession.
No. I work at a not-for-profit, and the people like me who do the specialized work get paid less than the people on the admin side who use basic office skills. But the admin side also includes the people who drum up our money, so...
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