Full-Time Employees Under 25: How much do you make annually?

[HyTekJosh]

Many that I know are graduating May 2008 with an undergrad degree are going to be making $70,000-ish in NYC. Add to that some have their own side businesses and its an easy 100k+ total income.

 

[Tweak155]

Originally posted by: HyTekJosh
Many that I know are graduating May 2008 with an undergrad degree are going to be making $70,000-ish in NYC. Add to that some have their own side businesses and its an easy 100k+ total income.

My company gives 12k market allowance for New York just because of how expensive it is to live there. 70k must be a necessity.

 

[Suspicious-Teach8788]

Originally posted by: RichieZ

Originally posted by: waggy

Originally posted by: joshsquall

Originally posted by: waggy
not goign to matter what you put in the poll. these threads are always full of crap. to many lie and inflate the amount.

I'm assuming that most votes > $100,000 are lies. They can be discarded.

i am willing to bet the majority over $70k are.

at 25 the odds on makeing that much unless you own a business (even then its damn hard), are a doctor , lawyer or such (wich is not many people) are slim.

>70K <25y/o isn't unbelievable, I make more than 70K.

There is a lot of wage inflation, when I started 55K-60K was base for a new consultant (analyst) level, now new analysts come in at 65K.

Then of course there are all the ibankers...

Uhh. Salary.com suggests a Computer Programmer I makes 70k where I live. Level 3 engineer which is senior engineer should be making over 100k. My coworker was a senior engineer and he graduated when I entered college, making him 4 years older than me, meaning at 25 he should be up there.

I think it's entirely possible to make 70k at the age of 23, but then again I'm from CA in the Silicon Valley where the cost of living is high. I can't imagine a starting salary in the 50s when 50k was what we were getting as interns already.

 

[her209]

Originally posted by: HyTekJosh
Many that I know are graduating May 2008 with an undergrad degree are going to be making $70,000-ish in NYC. Add to that some have their own side businesses and its an easy 100k+ total income.

Yeah, but aren't apartments like $5000 a month?

 

[kedlav]

~$55000 after 3rd shift benefits, time and a half on weekends, etc. I am 22 and have an undergrad in math, work in a NOC

 

[PrinceofWands]

Never made much over 30k in my life, and that only a few years. I usually hover around the 20k mark, though often have years around 10k. That's with two degrees, and even when I get my Masters next year I'll still be in the 30's...and that's only if I can manage to find a full time position teaching, which isn't anything close to a given.

I actually made more under 25 than I have in the ten years after 25.

 

[rgwalt]

Originally posted by: CanOWorms

Originally posted by: waggy

Originally posted by: joshsquall

Originally posted by: waggy
not goign to matter what you put in the poll. these threads are always full of crap. to many lie and inflate the amount.

I'm assuming that most votes > $100,000 are lies. They can be discarded.

i am willing to bet the majority over $70k are.

at 25 the odds on makeing that much unless you own a business (even then its damn hard), are a doctor , lawyer or such (wich is not many people) are slim.

Tons of people earn over $70k at that age. I started well over $70k in my first job out of school. It depends on what you do. It's not uncommon for an engineer.

Most engineers going into engineering start at a minimum of $50K these days, if not more. Where I work, new engineers (chemical) are starting in the mid-$60K and, if they are any good, quickly climb (1-3 years) into the $70K to $80K range. It isn't impossible for a 22 year old to make over $70K and a 25 year old to make over $80K. In fact, someone I know at work is earning $82K right now as a chemical engineer, and she just turned 25. She only has her BS degree.

However, it should be noted that this is not the case for most college graduates. If you graduate with a degree in, say, history and don't have amibitions of going to graduate school or teaching, then you might in up as the assistent manager of The Gap pulling down $35K a year.

AT is not a representative cross section of the general public under 25.

R

 

[rgwalt]

Originally posted by: PrinceofWands
Never made much over 30k in my life, and that only a few years. I usually hover around the 20k mark, though often have years around 10k. That's with two degrees, and even when I get my Masters next year I'll still be in the 30's...and that's only if I can manage to find a full time position teaching, which isn't anything close to a given.

I actually made more under 25 than I have in the ten years after 25.

What do you do?

R

 

[Q]

Originally posted by: BigToque
Every time I look at these threads I'm a little shocked to see so many people making such high salaries and then I realize that most people here don't really reflect the general population. You guys all have engineering degrees, CS degrees, going to med school, etc.

Yeah, don't feel alone, when I graduate in a few years I don't think I'll be anywhere near that lol

 

[akshatp]

Originally posted by: kedlav
~$55000 after 3rd shift benefits, time and a half on weekends, etc. I am 22 and have an undergrad in math, work in a NOC

I work in a NOC also... 3 days a week, 12 hour shifts..

Making alot more than that though... With the limited OT I did last year, I cleared well over 90k after night differential. Another guy who works here who is an OTH (Overtime Ho) claims he made close to 160K.

I beleive it, he must have averaged 5 work days a week last year. And he took all the holidays too, which pay doubletime.

 

[Martin]

The results are very believable. Tons of new CS or Eng grads, of which OT has tons, should be starting in the 50s and 60s.

 

[dighn]

Originally posted by: Martin
The results are very believable. Tons of new CS or Eng grads, of which OT has tons, should be starting in the 50s and 60s.

I'm not so sure about 20% making >100k though 😉

 

[BrownTown]

Originally posted by: Quintox

Originally posted by: BigToque
Every time I look at these threads I'm a little shocked to see so many people making such high salaries and then I realize that most people here don't really reflect the general population. You guys all have engineering degrees, CS degrees, going to med school, etc.

Yeah, don't feel alone, when I graduate in a few years I don't think I'll be anywhere near that lol

neither did I until I got a job offer and saw the number on the sheet.

 

[HyTekJosh]

Originally posted by: Tweak155

Originally posted by: HyTekJosh
Many that I know are graduating May 2008 with an undergrad degree are going to be making $70,000-ish in NYC. Add to that some have their own side businesses and its an easy 100k+ total income.

My company gives 12k market allowance for New York just because of how expensive it is to live there. 70k must be a necessity.

I'd say you would need six figures to live comfortably in NYC.

 

[HyTekJosh]

Originally posted by: her209

Originally posted by: HyTekJosh
Many that I know are graduating May 2008 with an undergrad degree are going to be making $70,000-ish in NYC. Add to that some have their own side businesses and its an easy 100k+ total income.

Yeah, but aren't apartments like $5000 a month?

Depends on the location, size, etc. Most I know are paying approx $2,000 per month including utilities, etc around midtown (Murray Hill, Chelsea areas). Sometimes having connections and making deals helps. For example, I was recently offered a room in a luxury condo on the East River. The condo would normally rent for $10,000+ per month. I was offered one of the two bedrooms for $1,500 per month all fees/utilities included. Thats a steal. Right now I am commuting from Connecticut into NYC so I am considering that offering to rid myself of a 3.5 hour daily commute.

 

[RichieZ]

Originally posted by: DLeRium

Originally posted by: RichieZ

Originally posted by: waggy

Originally posted by: joshsquall

Originally posted by: waggy
not goign to matter what you put in the poll. these threads are always full of crap. to many lie and inflate the amount.

I'm assuming that most votes > $100,000 are lies. They can be discarded.

i am willing to bet the majority over $70k are.

at 25 the odds on makeing that much unless you own a business (even then its damn hard), are a doctor , lawyer or such (wich is not many people) are slim.

>70K <25y/o isn't unbelievable, I make more than 70K.

There is a lot of wage inflation, when I started 55K-60K was base for a new consultant (analyst) level, now new analysts come in at 65K.

Then of course there are all the ibankers...

Uhh. Salary.com suggests a Computer Programmer I makes 70k where I live. Level 3 engineer which is senior engineer should be making over 100k. My coworker was a senior engineer and he graduated when I entered college, making him 4 years older than me, meaning at 25 he should be up there.

I think it's entirely possible to make 70k at the age of 23, but then again I'm from CA in the Silicon Valley where the cost of living is high. I can't imagine a starting salary in the 50s when 50k was what we were getting as interns already.

Uhhh I did work in silicon valley, annualized I made $48K/yr when I interned at IBM (silicon valley labs). 70K is possible to start, but its somewhat on the high side. Its more like $63-$65K with no signing bonus.

 

[Pepsi90919]

Originally posted by: JLee

Originally posted by: her209
LOL... everyone on ATOT makes $100K+ by age 16.

Not me. 🙁

you'll be receiving your money soon enough, all ATOT members are automatically rich and famous

 

[Imdmn04]

Originally posted by: waggy

Originally posted by: joshsquall

Originally posted by: waggy
not goign to matter what you put in the poll. these threads are always full of crap. to many lie and inflate the amount.

I'm assuming that most votes > $100,000 are lies. They can be discarded.

i am willing to bet the majority over $70k are.

at 25 the odds on makeing that much unless you own a business (even then its damn hard), are a doctor , lawyer or such (wich is not many people) are slim.

Not really all that difficult.

You have to realize the 100k of now is the old 50k.

Back in the late 80s/early 90s, 100k/year can afford you a nice house, a Porsche, and maybe a small boat.

These days, 100k (especially in metro areas) will let you buy things with out clipping coupons, own a 2000 sq ft cookie cutter house, dine out couple times during the week, nothing spectacular.

Kids coming out of engineering schools these days are starting at 60k, most can reach the 70k mark in 3 years time. Since ATOT is a tech oriented website, I wouldn't doubt most of the young college grads are in some sort of a technical/engineering field. So yes the odds of making over 70k under 25 is very good, at least in terms of ATOT demographics.

 

[Alphathree33]

g

 

[PrinceofWands]

Originally posted by: rgwalt

Originally posted by: PrinceofWands
Never made much over 30k in my life, and that only a few years. I usually hover around the 20k mark, though often have years around 10k. That's with two degrees, and even when I get my Masters next year I'll still be in the 30's...and that's only if I can manage to find a full time position teaching, which isn't anything close to a given.

I actually made more under 25 than I have in the ten years after 25.

What do you do?

R

Whatever. 😎

About 30 different jobs/fields in my life, so more or less you name it and I've done it.

Income has very little to do with your degree's, training, abilities, intelligence, etc. Income is pretty much about where you're willing to work and what you're willing to do in order to obtain it...with a little luck tossed in for good measure. I don't care about money, I'm not willing to do very much for it, so I don't earn much. I'm also unwilling to live 99% of places so that severely limits me as well. The result is you make whatever you can doing whatever you do.

 

[Eeezee]

Most of my friends fresh out of college are making less than $30k/year right now. One is a microbiologist, another is a media arts major, and they are currently making the same yearly income 😵 I have an engineering friend that got a job for about $40k/year.

It's just a bad time for college graduates... the good jobs are few and far between at the moment.

I don't know how I feel about "100k being the new 50k..." considering most jobs don't pay anywhere near 100k or even 80k straight out of college, whereas an engineer/scientist could make 50k/year out of college pretty easily in the 80s. You can go to http://www.measuringworth.com/ and calculate the value of 50k from the 80s in today's dollars.

Current data is only available till 2006. In 2006, $50,000.00 from 1980 is worth:
$122,359.80 using the Consumer Price Index
$107,848.10 using the GDP deflator
using the value of consumer bundle *
$120,137.18 using the unskilled wage
$179,628.96 using the nominal GDP per capita
$236,506.54 using the relative share of GDP

Sure enough, $50,000 in 1980 is greater than $100k in 2006 dollars no matter what you use to calculate the relative value. The more I think about it, the more pissed off I'm becoming. I feel seriously screwed over right now.

 

[JD50]

Originally posted by: waggy

Originally posted by: joshsquall

Originally posted by: waggy
not goign to matter what you put in the poll. these threads are always full of crap. to many lie and inflate the amount.

I'm assuming that most votes > $100,000 are lies. They can be discarded.

i am willing to bet the majority over $70k are.

at 25 the odds on makeing that much unless you own a business (even then its damn hard), are a doctor , lawyer or such (wich is not many people) are slim.

I got a job making exactly 75k a couple of months after I turned 25, and I don't even have my degree!! I just turned 26 by the way.

 

[Wonderful Pork]

I made 75k last year as an engineer last year (2007) when I was 24/25. I have a friend who makes >90k salary as an engineer for ExxonMobile at 24/25 as well. Both of us graduated college in 2004.

 

[ed21x]

graduated college at end of 2005, engineer, around 55k, but alot more with overtime. however, new hires don't start out that much anymore...

 

[nageov3t]

Originally posted by: Eeezee
Most of my friends fresh out of college are making less than $30k/year right now. One is a microbiologist, another is a media arts major, and they are currently making the same yearly income 😵 I have an engineering friend that got a job for about $40k/year.

that's about where I was when my friends and I all graduated college.

excluding the people who went straight to grad school, I think the average salary amongst us was probably 30-35K. there's probably a bigger disparity between us now, but that's bound to happen with 2 friends are CPA's, 1 is a cook, and another is a freelance writer.

my first real job out of college at a NOC was 30K (I'm selectively annoying that year and a half I spent working in marketing). starting salary's definitely on the low side, but it was enough to afford a decent apartment with a roommate, not live paycheck to paycheck, and solid benefits (medical, stock options, and I've received significant raises every year I've been with this company... they reward loyalty).

when I was 25 (which is to say, last year), I was making about 40K.