Development pay sucks. Stick it out or REPE ?
Hey all, first year development analyst. I really enjoy the business and love the varying nature of the work. However, my pay is significantly lower than that of my peers with comparable experience, while working similar hours. I guess I'm not really seeing the reward of pursuing this career path. I understand the reward comes later down the line, but at the end of the day, I'm still making less money than others in RE, even though I have the ability to level up my. I've interviewed at other development shops as well and comp hasn't been attractive to no surprise. I guess I'm confused in general and just need some advice. I pursued development very hard because I love how it encompasses construction, finance, design, land use, etc. and was lucky to get in with a major developer after undergrad. I do enjoy the work, but the pay just isn't there. Obviously, I want to pursue my own venture down the line and somewhat have an inclination right now to say "fuck it" and quit and figure out the process myself. A lot of development seems to be problem solving and I believe in myself enough to figure it out as I go. If I fall on my face, I am fortunate enough to have the option to go live at home for the time being. Comp currently is 80k plus 20% bonus with around 60 hours per week (give or take). I think another consideration would be is that I enjoy development a lot, but it doesn't feel as personable or enjoyable when its my companies money and interest on the line, as opposed to mine. I think I would enjoy most if I was fully invested in the project and business and thus am inclined to "just figure it out". With that being said, I know this post started out about comp. However, I'm not sure even a 120-130k salary would make me happy. I think what would make me happy is doing my own thing and seeing how that goes. Obviously very confused and thus would appreciate advice. Thanks.