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Started By
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re: Jobs that you can realistically expect to earn $300k+ a year
Posted on 12/4/23 at 10:03 am to KillTheGophers
Posted on 12/4/23 at 10:03 am to KillTheGophers
MSY airport director made $325k in 2022.
0
Posted on 12/4/23 at 10:05 am to lynxcat
quote:
There is nothing inherently 'dangerous' about earning $300K. The liquid, disposable cash can be tempting for poor financial behaviors to take root...
That is exactly what I am implicating. Most folks will spend it with lifestyle creep and save little. Bigger house, better cars, better schools, better vacations, and poof your not retiring any faster than you did with lower income.
$200k and maybe your more disciplined because it isn't a giant amount after taxes. $500k and you can spend and still save. $300k is a middle ground where poor financial discipline can come into play.
I am speaking from experience, I am an investment advisor and see better savers sub $200k in income than I do with those earning in the $300k range. For the most part, those with upper incomes tend to be a good bit less disciplined than those with lower. Exceptions to each side, but many of the Drs and Lawyers I work with want to spend almost everything they make for large portions of their careers.
Posted on 12/4/23 at 10:30 am to frankthetank
My cousin was making over $300k a year selling hot tubs.
Posted on 12/4/23 at 10:30 am to tigerbacon
Might want to take a look at MGMA data. The average mean across all physician types is about $400k.
Posted on 12/4/23 at 10:33 am to tigerbacon
quote:
And most doctors make around 100k which include pediatricians, er doctors, GP. Mostly you need a specialty as a doctor to clear 300k.
what? absolute horseshite
Posted on 12/4/23 at 10:58 am to jchamil
Screw that
I was a CFO of a 2B organization years ago. It was my dream years ago to get a job like that.
The pay for CFOs NEVER aligns with the stress, headaches and heartburn that come with the job. All of the engineers, sales teams and support groups push every single problem to accounting.
Heck - the top quartile of sales guys and gals were making 35% more than me and living a much less stressed life.
Now, if a sales member missed quota in a quarter they were on probation - if they missed it the next quarter, no bonus, miss it a third quarter, you are fired.
So, job stability was a bit better.
I would see sales guys and gals hit huge bonus then be gone by fall the next year. It is ruthless
I was a CFO of a 2B organization years ago. It was my dream years ago to get a job like that.
The pay for CFOs NEVER aligns with the stress, headaches and heartburn that come with the job. All of the engineers, sales teams and support groups push every single problem to accounting.
Heck - the top quartile of sales guys and gals were making 35% more than me and living a much less stressed life.
Now, if a sales member missed quota in a quarter they were on probation - if they missed it the next quarter, no bonus, miss it a third quarter, you are fired.
So, job stability was a bit better.
I would see sales guys and gals hit huge bonus then be gone by fall the next year. It is ruthless
Posted on 12/4/23 at 11:07 am to AsTheBarnBurns
quote:
Why are you asking specifically about $300k. Is that the new $100k?
Seems to be that way.
Posted on 12/4/23 at 11:26 am to KillTheGophers
quote:
The good insurance people travel well, have time every week to hunt, golf, whatever they want to do
Yeah I’m catching downvotes for it but you can absolutely, realistically, expect to make $300k+ in insurance and/or as a financial advisor.
It’s not starting pay, obviously and there is a ton of turnover early, but if you’ve been in either field for 15+ years, that income is well within reach.
Posted on 12/4/23 at 11:27 am to lynxcat
quote:
There is nothing inherently 'dangerous' about earning $300K
$300K in W2 income will feel very taxed.
Posted on 12/4/23 at 11:50 am to frankthetank
Director level in pharma total comp is around 300.
Posted on 12/4/23 at 11:53 am to mach316
Seriously? Figured they were closer to the $200k end.
Posted on 12/4/23 at 12:51 pm to slackster
quote:
Yeah I’m catching downvotes for it but you can absolutely, realistically, expect to make $300k+ in insurance and/or as a financial advisor.
You are definitely right but there's not that many jobs for that, it would be a kinda ridiculous job to expect to make that say to go to college for. Unless you know someone, are a famous athlete (college QB), etc. I look at my town and there are probably a handful of Insurance and Finance people making that (under 10) and way more business owners and doctors.
Given that, no BS, IMO the easiest way right now if you aren't Wallstreet/ doctor/ top tech smart as in least education is to own a trades company. If you learned a trade around 18 and could get to the point of having 4-5+ field hands working for you and 2-3 office ladies by mid 30s you are on cruise control.
Posted on 12/4/23 at 2:40 pm to KillTheGophers
quote:
The pay for CFOs NEVER aligns with the stress, headaches and heartburn that come with the job.
Ha, yeah this is probably true
Posted on 12/4/23 at 3:12 pm to frankthetank
Pharma industry directors, senior medical liaisons, and sales.
Posted on 12/4/23 at 3:46 pm to frankthetank
Upper level cyber jobs
Posted on 12/4/23 at 4:23 pm to TheNolaClap
quote:
Director level in pharma total comp is around 300.
Reps in rare disease routinely make over $300K. This doesn't include annual stock options, car allowance, etc.
Posted on 12/4/23 at 4:45 pm to ICitall
quote:
This doesn't include annual stock options
Why would you exclude options, RSUs, etc.? That becomes a primary driver of compensation for folks at senior level positions (I would argue Dir+ but especially VP+).
Posted on 12/4/23 at 4:59 pm to lynxcat
quote:
Why would you exclude options, RSUs, etc.? That becomes a primary driver of compensation for folks at senior level positions (I would argue Dir+ but especially VP+).
My point was that options/RSU's, etc were not inclusive of the $300K. They are in addition. .....although not nearly as much so as that of senior level staff.
Posted on 12/4/23 at 5:34 pm to slackster
quote:
Insurance agents, particularly the Farm Bureau or State Farm types.
Any concern with everything moving online?
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