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So yea....my Boss's Wife spoke to me today
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alkemyst
No Lifer
I'd just like to say to those that were hired even two years ago and are speculating on this guy's potential earning....it's a dismal venture in some areas of the country.
Many are commuting farther and farther for just a couple bucks more per hour and taking pay cuts to keep the jobs they have.
I know of 3 attorneys from decent schools having to take $28-30k positions to start, and are looking at having to put in at least 3 years or more to get a substantial bump.
There are programmers here working at $10/hr with degrees and what's really killing the market is all these cert holding teenagers and young 20 somethings willing to work at just $10/hr.
The first thing I am asked almost always is what certs do you have? Nothing about my degree, my experience, nothing.
I usually reply 'Which would you like me to have? I have a degree and a ton of experience....you pick out the certs and I will arrange getting them'. At this point I usually don't want the job anyway since it's going to be me competing with HS graduates that more than likely live at home and have no bills/responsibilities.
Now if I moved 3 hours north or south there is a lot more potential (Orlando or Miami)....but I am still planning my future. One option is Japan.
Many are commuting farther and farther for just a couple bucks more per hour and taking pay cuts to keep the jobs they have.
I know of 3 attorneys from decent schools having to take $28-30k positions to start, and are looking at having to put in at least 3 years or more to get a substantial bump.
There are programmers here working at $10/hr with degrees and what's really killing the market is all these cert holding teenagers and young 20 somethings willing to work at just $10/hr.
The first thing I am asked almost always is what certs do you have? Nothing about my degree, my experience, nothing.
I usually reply 'Which would you like me to have? I have a degree and a ton of experience....you pick out the certs and I will arrange getting them'. At this point I usually don't want the job anyway since it's going to be me competing with HS graduates that more than likely live at home and have no bills/responsibilities.
Now if I moved 3 hours north or south there is a lot more potential (Orlando or Miami)....but I am still planning my future. One option is Japan.
I know someone who graudated from Tulane law school this year and she told me that almost half the class didn't have a job lined up. Luckily she did but got the job from summer interships at the company. Last time I talked to her, last month, she said that about a third of her class still didn't have jobs. Imagine coming out of law school with $250K worth of debt. 🙁
Like Alkemyst said, the market today is not what the market was 3 or 4 years ago. Just because you've got a bachelors degree and some decent time at a company doesn't automatically gaurantee you a primo salary. It's still very possible to get top dollar for what you're doing, but nowadays it's not really a certainty as it is more of a possibility.
The economoy hasn't rebounded yet and with so many people out of a job whatever company you are attempting to work for will most likely go for the cheapest candidate. This might not necessarily apply to Cal166's dilemma, but it's definately true for a great deal of companies.
Take me for example. For the last couple years I've been doing migration projects and the job I just finished paid me $17/hour. Now I obviously wasn't making a ton of money, but it suited me just fine. For the last couple of days I have seen another migration project coming up and the most they're willing to pay is $10-$11/hour. Compared to making no money even $10/hour sounds great, but with the experience I've gained I should be able to maintain or come close to the $17/hour that I was making.
What's also disturbing is that companies now seem to require degrees and certs out the wazoo for what used to be grunt positions. There's one local company that's looking to fill a help desk position (just help desk and not tier 2, 3, or supervisor position) and they require a Bachelor's Degree and 3-5 years experience. The pay? $10 - $12/hour. If you've got a bachelor's degree and 3-5 years experience you really should be making at least 50% more than that but sadly that isn't the case.
Anyway, I'm done rambling for now. Good luck with your job Cal166...never take it for granted 'cause you just don't know what tomorrow will bring.
The economoy hasn't rebounded yet and with so many people out of a job whatever company you are attempting to work for will most likely go for the cheapest candidate. This might not necessarily apply to Cal166's dilemma, but it's definately true for a great deal of companies.
Take me for example. For the last couple years I've been doing migration projects and the job I just finished paid me $17/hour. Now I obviously wasn't making a ton of money, but it suited me just fine. For the last couple of days I have seen another migration project coming up and the most they're willing to pay is $10-$11/hour. Compared to making no money even $10/hour sounds great, but with the experience I've gained I should be able to maintain or come close to the $17/hour that I was making.
What's also disturbing is that companies now seem to require degrees and certs out the wazoo for what used to be grunt positions. There's one local company that's looking to fill a help desk position (just help desk and not tier 2, 3, or supervisor position) and they require a Bachelor's Degree and 3-5 years experience. The pay? $10 - $12/hour. If you've got a bachelor's degree and 3-5 years experience you really should be making at least 50% more than that but sadly that isn't the case.
Anyway, I'm done rambling for now. Good luck with your job Cal166...never take it for granted 'cause you just don't know what tomorrow will bring.
I think you should do lots of research on what positions pay for your area of NYC. Sure, you can get lots of input from the members here - but, they are speaking from different parts of the country where the economy might be in different shape.
You are entitled to what the market will bear. Company "X" across the street might pay you $65K, but the current company knows that you are a good worker and they don't have to put you through a probationary period. Since you'll be going into the area of Project management, ensure that you heavily check the salary reports for those positions and determine the number of years of experience reported for the salary listed.
Best of luck ! 🙂
You are entitled to what the market will bear. Company "X" across the street might pay you $65K, but the current company knows that you are a good worker and they don't have to put you through a probationary period. Since you'll be going into the area of Project management, ensure that you heavily check the salary reports for those positions and determine the number of years of experience reported for the salary listed.
Best of luck ! 🙂
AgaBoogaBoo
Lifer
LOL
DT4K
Diamond Member
Definitely depends on the area.
But the fact that you've been with them so long and they seem very eager to keep you can be very helpful.
They should be willing to pay decently if they value your work. And it is obviously better for them to not have to go out and hire somebody they don't know.
But if you haven't had a raise in 2 years and have been content, they may figure you won't demand too much and try to offer you something low.
Yeah, the market is tough now. I graduated in 2001 with a CS degree, and I make 52k doing software dev in an area with a pretty low cost of living and not a lot of jobs. (southern OR). So there are still decent paying jobs out there. They are just harder to find and get than they were in the late 90's.
But the fact that you've been with them so long and they seem very eager to keep you can be very helpful.
They should be willing to pay decently if they value your work. And it is obviously better for them to not have to go out and hire somebody they don't know.
But if you haven't had a raise in 2 years and have been content, they may figure you won't demand too much and try to offer you something low.
Yeah, the market is tough now. I graduated in 2001 with a CS degree, and I make 52k doing software dev in an area with a pretty low cost of living and not a lot of jobs. (southern OR). So there are still decent paying jobs out there. They are just harder to find and get than they were in the late 90's.
alkemyst
No Lifer
Another thing you may be up against to is the 'but you were working for $x, you will be doing only the next step up....how can you even ask for that much more?'
This has happened to my friends and each time they ended up jumping ship....only one got called back in agreement to his offer. These were all guys (and a girl) working for a company since HS and while in college....they got their degrees and the company was only willing to give them $3-6 raises (one guy went to $18 that decided to accept the call back offer, he wanted $20 though).
They push you to get that degree, but then they act like it's not important once you have it 😉
This has happened to my friends and each time they ended up jumping ship....only one got called back in agreement to his offer. These were all guys (and a girl) working for a company since HS and while in college....they got their degrees and the company was only willing to give them $3-6 raises (one guy went to $18 that decided to accept the call back offer, he wanted $20 though).
They push you to get that degree, but then they act like it's not important once you have it 😉
I think you should also look for another offer at another company. The best reality check is to see what you are worth to someone else, based on your experience and education. Then, you can come back and counter offer your company with confidence. If they want you, you should have at least 5-10K leway on your offer.
Since you have 1.5 more years to go, I'd look into what courses or certificate programs you can accomplish (in addition to your already crazy schedule) - I think the more that you can offer your current company when they decide to make you an offer, the better the offer will be. Look into the PMI - Project Mgmt. Institute and see what's required for the certification. In your spare time, take a class or two through the PMI to put you closer to a certification.
Best of luck !! 🙂
Dude, don't undersell yourself. You have 8 years of experience. You should be aiming for something in the 60s or 70s, epecially knowing what you're worth to this company. I mean those numbers with a standard healthcare package and standard benefits. With your experience you should easily get 55 to 60 elsewhere and that' conservative. Market yourself well, market youself as an experienced professional not a recent school grad.
DainBramaged
Lifer
Yeah me too! You could at least give us :camera:'s!
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