"Entry Level" Positions Piss Me Off

Do you guys ever just find a role, and you read through what they're looking for and think, wait a second, I'd be a great fit! I've got the education, I enjoy the work, I'm great at Microsoft Office, and I have previous internship experience in Corporate Finance

And then you get to the "requirements" and then realize this "entry level" position needs 10 years of experience, a CFA accreditation, your first unborn child, a second heart and spare kidney for that sweet, sweet $45k a year salary and the privilege to work at their firm where the entire task is mostly data entry and administrative. 
 

After seeing a dozen of these "entry level analyst" posts on LinkedIn, I think we need to create a new name for something that helps better define it. How about "Slave Wage Analyst" or "Not-Willing-to-Pay-for-Experience Analyst"?

Comments (3)

 
  • Prospect in Consulting
Feb 22, 2021 - 10:25am

Hey man, I feel you. Unfortunately, as you know, the situation in Canada is total shitshow. I'm from a semi-target for Toronto and a lot of June 2020 and December 2020 grads are unemployed. A large portion of those who found something had to settle for an "internship" (post-graduation, w/out a guarantee of a FT offer) or one of those "slave wage analyst" roles you described. Check out the Opinion piece published on WSJ on the weekend "Canada's COVID Vaccine Failure". With the lockdowns extended in Toronto & Montreal and vaccination lagging, the scarring on the economy will take a long time to recover. Because of this reason, as a successful international student, I have decided to turn my back on Canada. I will be looking elsewhere, Europe & Middle East mainly as I'm not a US citizen. These are indeed hard times and so much is happening out of our control, just stay strong and be positive. Let me know if you would like to chat, I can remove my anonymity and send you a PM.

 
Most Helpful
Feb 22, 2021 - 10:48am
Start Discussion

Popular Content See all

HELP: Sticky Situation with Boss
+156OFFby 2nd Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 2 in IB-M&A
Arranged Marriage
+41OFFby Intern in Real Estate - Commercial">Intern in RE - Comm
Ask a girl
+39OFFby 1st Year Analyst in Investment Banking - Generalist">Analyst 1 in IB - Gen
tipping point - mental breakdown
+35IBby 1st Year Analyst in Investment Banking - Industry/Coverage">Analyst 1 in IB - Ind
Would you date a girl without a college degree?
+31OFFby Intern in Consulting">Intern in Consulting
Caught relaxed vibing to music by my MD
+17OFFby 1st Year Analyst in Investment Banking - Corporate Banking">Analyst 1 in IB - CB

Total Avg Compensation

March 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (168) $231
  • 2nd Year Analyst (98) $151
  • Intern/Summer Associate (93) $145
  • 3rd+ Year Analyst (23) $145
  • 1st Year Analyst (371) $131
  • Intern/Summer Analyst (308) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.8
5
redever's picture
redever
97.7
6
Addinator's picture
Addinator
97.6
7
frgna's picture
frgna
97.6
8
NuckFuts's picture
NuckFuts
97.5
9
bolo up's picture
bolo up
97.5
10
Edifice's picture
Edifice
97.5