How old are you? How much do you make?

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akubi

Diamond Member
Apr 19, 2005
4,392
1
0
Originally posted by: serialkiller
correct me if Im wrong but, dont Ibanking folks make alot but also work alot? Like 80+ hours a week? So even if they made $100,000 there basically making the same as somebody that makes 50,000 a year working 40 hours per week? Some things I realized is that some companys really work you for what they are paying you. My colleague at MS is constantly working.... during work hours... after work... he's always loaded with stuff to do.. me on the other hand, I just come in at 8am leave whenever I want to (depending on my work load) then just relax at home and stare at the wall for hours.... is it really worth working your self to death to make that much more pay?

80+ is pushing it. the trick is to finish everything early but stay late to give the impression that you still have a lot of work. rest of the time is spent slacking off.
 

Ausm

Lifer
Oct 9, 1999
25,213
14
81
Originally posted by: mugs
Originally posted by: Ausm
Originally posted by: DaShen
Originally posted by: tyim
20, 35/hr

Dang, what do you do?


lol if this thread was hooked up to a bullshat meter the mofo would explode ;)

Ausm

$35/hour at 20 would be rare, but not that far-fetched. He could be a contractor working off experience rather than a college degree.


There is no way in hell you would be worth 35/hr only 2 years into an apprenticeship unless his oldman ran the place and the other workers didn't know about it :)

Oh, I meant this WHOLE thread would blow up a B.S meter ;)

Ausm

 

DaShen

Lifer
Dec 1, 2000
10,710
1
0
Originally posted by: Ausm
Originally posted by: mugs
Originally posted by: Ausm
Originally posted by: DaShen
Originally posted by: tyim
20, 35/hr

Dang, what do you do?


lol if this thread was hooked up to a bullshat meter the mofo would explode ;)

Ausm

$35/hour at 20 would be rare, but not that far-fetched. He could be a contractor working off experience rather than a college degree.


There is no way in hell you would be worth 35/hr only 2 years into an apprenticeship unless his oldman ran the place and the other workers didn't know about it :)

Oh, I meant this WHOLE thread would blow up a B.S meter ;)

Ausm

Ausm, $35/hr. isn't unreasonable. Unlinkely, but not unreasonable. day traders make much more. My friend make more in a month than I make in a year, and he is younger than I am. He is a Day Trader BTW.
 

Originally posted by: AnMig
38 years old, around 172k/year

Benefits are good 20 days paid vacation, 10 days paid continuing education
80 hours a week, most of the time I am surfing the internet due to the inefficiency of the system I work in.
This is pretty good considering I live in Rural MN

Important factors are safe environment and good schools for our kids.


I work for the government
Ah govt. spending, gotta love it. Imagine if the govt actually ever balanced its budget.

I'm 25, I work on a per job fee basis so it's hard to tell how much I make.
Typically 50 or so a year, depending on how hot the market is.
 

Markbnj

Elite Member <br>Moderator Emeritus
Moderator
Sep 16, 2005
15,682
14
81
www.markbetz.net
[You are correct, most high-paying jobs expect a lot out of you. They don't pay you $150k a year to post on ATOT at work.]

Damn, I'm in trouble.
 

DigDug

Guest
Mar 21, 2002
3,143
0
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All your friends happened to choose investment banking and you happened to choose an equally lucrative ($$$) career? What are the chances? Not doubting you at all, but that's pretty interesting. I guess you guys are all "driven." My friends and I are as varied as you can get and our industries range from defense to non-profits.

No, you misunderstood (or maybe I wasn't clear enough). What I meant was that your "peers" become who you share the same path with. Unfortunately, I'm not friends with many of the kids I knew in highschool - only a few I keep in touch with, and only one of those is still in my hometown.

The reality is that for those who pursue professional careers, their "school years" are far longer than the average "high/some college" kid. Because of that, the peer group often becomes those they've last schooled with - in my case, law students (and now lawyers). Alot of the banker friends I have, or friends I've met through my lawyer friends along with some college buddies I knew (and I went to a competitive school with many kids following the banker/lawyer path).

Like 80+ hours a week? So even if they made $100,000 there basically making the same as somebody that makes 50,000 a year working 40 hours per week?

80 hours a week is NOT pushing it, though someone here said as such. Here in Manhattan, many guys are working 85 - 100 hour weeks regularly in the banking field. In law its *slightly* lower, and fluctuates depending on the practice you are in. I am very lucky as I am in real estate, which typically, the best hours in the profession. I make a Manhattan lawyer salary like everyone else in my firm, but the hours are better: often, 10-7 and very few, if any weekends.

So, yes, while the hours/$ ratio does ratchet down many professionals' seemingly exhorbitant payscale, some of us do still make a good deal of money for what we do. ;)
 

AdamSnow

Diamond Member
Nov 21, 2002
5,736
0
76
22 years old - More than most my age... or even 5, 10 years old for that matter...

37.5 hours a week, with 24-7 on-call.
 

DaShen

Lifer
Dec 1, 2000
10,710
1
0
Originally posted by: SparkyJJO
18
over summer got $8.75/hr, now my current job is $6.50/hr work study jobs don't pay much

Go to a temp agency. Better pay, flexible hours like work study too.
 

akubi

Diamond Member
Apr 19, 2005
4,392
1
0
Originally posted by: DigDug
80 hours a week is NOT pushing it, though someone here said as such. Here in Manhattan, many guys are working 85 - 100 hour weeks regularly in the banking field. In law its *slightly* lower, and fluctuates depending on the practice you are in. I am very lucky as I am in real estate, which typically, the best hours in the profession. I make a Manhattan lawyer salary like everyone else in my firm, but the hours are better: often, 10-7 and very few, if any weekends.

So, yes, while the hours/$ ratio does ratchet down many professionals' seemingly exhorbitant payscale, some of us do still make a good deal of money for what we do. ;)

unless you have firsthand experience in ibanking, i suggest that you keep your unsubstantiated estimates restricted to the confines of the law profession.
 

Koing

Elite Member <br> Super Moderator<br> Health and F
Oct 11, 2000
16,843
2
0
Originally posted by: serialkiller
correct me if Im wrong but, dont Ibanking folks make alot but also work alot? Like 80+ hours a week? So even if they made $100,000 there basically making the same as somebody that makes 50,000 a year working 40 hours per week? Some things I realized is that some companys really work you for what they are paying you. My colleague at MS is constantly working.... during work hours... after work... he's always loaded with stuff to do.. me on the other hand, I just come in at 8am leave whenever I want to (depending on my work load) then just relax at home and stare at the wall for hours.... is it really worth working your self to death to make that much more pay?

Indeed.

I'm 21, 22nd at the end of the year. Pay is low as I'm on a year in industry but I have finished my BSc in CS. I'm getting good experience and the work is getting more interesting and I'll be asking for some more challenging work after this project I am on is completed. I'll earn more later but people in England earn less, get taxed more but different country different costs of living. We have free albeit slow health care :p.

I'd rather work more 'relaxed' hrs and have more time to train for myself. My Dream is to make it to the 2012 Olympics or hit a 300Kg total :). I won't be able to get that if I am working too many hrs a week.

I'm going to make the most of my 21-33 and have as much fun and train properly. I am currently saving a lot of money for me, £1k ~ $1.8k a month. I have no debt due to not crazy spending!

For me Training > Monetary gains :thumbsup:

Good thread and nice insights.

Koing
 

maziwanka

Lifer
Jul 4, 2000
10,415
1
0
im 24 yrs old but in law school now, so im making nothing (actually awesomely in debt).

when i did graduate from ugrad i was making 55k at 22yrs old in manhattan.
 

kravmaga

Senior member
Aug 10, 2005
264
0
0
24, suffered from some health issues over the last few years so I'm not in school or even working full time. I make a little over 20k a year working from home just part time, maybe 10-15 hours a week at most. My life is rather ****** at the moment but getting better. I guess it would be around 10-24 an hour but it varies, I don't really have to pay much tax since my work office is my home and these things can be construed as tax deductions for work from my understanding.
 

Tarrant64

Diamond Member
Sep 20, 2004
3,203
0
76
20, in and out of different jobs. High $8 right now(part-time work full time schoo....wish it was other way around). Really good part-time school job so I am able to earn some living expenses during the school year. Summer internships can land me anywhere inbetween $11-$27 though. So 3-4 months of the year I do really good. Make enough to get through my next year of college though with just barely any spending money to go out and eat every once in awhile. Shoot, I haven't been able to upgrade any PC parts really in about a year now. Tuition going up again!!!
 

Ready

Golden Member
Jan 16, 2003
1,830
0
0
I thought the average ATOTer would make 150+k/year, at least a 8" penis, and a A64x2 Athlon with a Geforce SLI computer on a dual 24" flat panel.
 

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
Depends on your part of the country really. $10/hr isn't bad in the midwest, but on the west coast that would be a poverty level job.