youngmonkeyStop asking about base pay. Even if they did drop to 60k you're making more than 90% of families.
You'd settle for 90th percentile?
The point is that if you're earning $60K and you're worth no more than $60K (a fair statement given that if an analyst was paid what he was worth his first year, most of us would have spent our first year in a tent in Central Park), you have no right to complain if you're making more than everyone else.
We're all incredibly blessed to be working in this industry.
youngmonkeyStop asking about base pay. Even if they did drop to 60k you're making more than 90% of families.
You'd settle for 90th percentile?
The point is that if you're earning $60K and you're worth no more than $60K (a fair statement given that if an analyst was paid what he was worth his first year, most of us would have spent our first year in a tent in Central Park), you have no right to complain if you're making more than everyone else.
We're all incredibly blessed to be working in this industry.
Sorry to butt in. I agree that those in finance are privileged to be where they are, but in the good old spirit of competition, you have to realize that career-wise you're essentially not competing against anyone in that 90% below you, you're competing against all the finance guys in the 10% above you. It doesn't matter if an apple tastes better than 90 oranges if it's the worse apple of the bunch.
"If you can count your money, you don't have a billion dollars." - J. Paul Getty
Jack B.Yes, but at 60k you'd be making ~20% less base than the rest of first year analysts on Wall Street, so it actually is relevant.
Why? so that you feel adequate... Don't get me wrong money is great but the first couple of bucks you make are nothing compared to what you'll earn in the future
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Yea, after the big trading error, they're lowering everyone's pay.
Stop asking about base pay. Even if they did drop to 60k you're making more than 90% of families.
You'd settle for 90th percentile?
We're all incredibly blessed to be working in this industry.
Sorry to butt in. I agree that those in finance are privileged to be where they are, but in the good old spirit of competition, you have to realize that career-wise you're essentially not competing against anyone in that 90% below you, you're competing against all the finance guys in the 10% above you. It doesn't matter if an apple tastes better than 90 oranges if it's the worse apple of the bunch.
You're worth as much as someone else is willing to pay you. The market determines your price... and the market says 70
Yes, but at 60k you'd be making ~20% less base than the rest of first year analysts on Wall Street, so it actually is relevant.
Why? so that you feel adequate... Don't get me wrong money is great but the first couple of bucks you make are nothing compared to what you'll earn in the future
Saepe nesciunt aut id sequi reprehenderit harum culpa et. Omnis voluptates quidem praesentium quos non. Non sit est nobis consequuntur qui explicabo velit. Exercitationem hic deleniti nam tempore exercitationem. Quibusdam eveniet et rerum doloribus rerum sunt. Quaerat cum perferendis dolores et quo. Ipsam iure dolores consectetur qui.
Dolore porro magnam amet quia vel sed. Impedit laborum voluptas sed beatae et exercitationem.
Et eligendi rerum vel vitae veritatis. Sequi distinctio laudantium facere aut. Provident architecto esse nihil explicabo laborum.
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