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Posted on 6/19/18 at 10:05 pm to AbuTheMonkey
quote:
Besides all that, non-tradeable goods (healthcare, education, housing/rent) are far, far more expensive in real terms now than they were 30 years ago, and those three take an absolutely massive chunk of the average college grad's compensation every single month. That is where the majority of these kids' checks are going to, anyway. Even in real terms, 35K today doesn't get you what it did 30 years ago.
You're statistical facts are bullshite. I've been working in operations since '82 and that experience will teach you more than your sissy numbers any day.
Posted on 6/19/18 at 10:05 pm to meansonny
quote:
We probably interview 150 people for 1 hire.
Sounds like a massive waste of time.
Posted on 6/19/18 at 10:06 pm to meansonny
quote:
Our company is paying $75k while being trained (over 6k/mo). After training is complete (3 to 4 months), pay is $35k plus commission/bonus. Employer paid pension (cash account), matching 401k, health insurance paid 75%.
What industry?
Posted on 6/19/18 at 10:07 pm to meansonny
quote:
We probably interview 150 people for 1 hire.
Who the frick is your CFO and your head of HR?
Holy frick.
Posted on 6/19/18 at 10:07 pm to jimbeam
quote:can't hide that engineering $$$ potnuh
Sometimes I think I should be making a lot more and then I remember these threads
Posted on 6/19/18 at 10:11 pm to AbuTheMonkey
You an Kilroy are missing my point, which is, when you are starting out and can’t afford any of those things, you’re not in a position to negotiate a salary because you think you need those things, nor is your prospective employer obligated to factor those things into your salary offer, that’s all
Posted on 6/19/18 at 10:12 pm to Will Cover
We pay our entry level engineers around 70K, but typically want some sort of experience (internships, co-ops, etc).
A general degree with no experience really doesn’t separate anyone from a minimum wage person so I’m not sure why the expectation would be anymore than that. Prob better off getting a trade and hope to get on somewhere at a plant.
A general degree with no experience really doesn’t separate anyone from a minimum wage person so I’m not sure why the expectation would be anymore than that. Prob better off getting a trade and hope to get on somewhere at a plant.
Posted on 6/19/18 at 10:14 pm to 777Tiger
quote:
when you are starting out and can’t afford any of those things, you’re not in a position to negotiate a salary
Sure you are. Especially at a time like now when the economy is experiencing full or near full employment.
Posted on 6/19/18 at 10:14 pm to Will Cover
My old job hired little shits fresh out of college and 90% of them never made commission and ended up getting fired within a year. Their $3,333 per month was the most money they’d ever seen and enough to pay rent and booze money.
I started out at $36,000 base but would honestly make more sense at $30,000 base.
Or $40,000 base for 6 months and then drop to $30,000-$35,000 base + higher commission.
A good sales person would want the salary check to be the smaller check after 8-12 months.
If an applicant wanted anything more than $50,000 base then that tells me they aren’t too confident in their selling ability.
I started out at $36,000 base but would honestly make more sense at $30,000 base.
Or $40,000 base for 6 months and then drop to $30,000-$35,000 base + higher commission.
A good sales person would want the salary check to be the smaller check after 8-12 months.
If an applicant wanted anything more than $50,000 base then that tells me they aren’t too confident in their selling ability.
Posted on 6/19/18 at 10:15 pm to Mingo Was His NameO
quote:
quote:
We probably interview 150 people for 1 hire
Sounds incredibly inefficient and time consuming.
I know little of inside sales, but in my industry and firm, I bet we touch base with at least double that number for every hire we make. We have first rounds with at least 30 and second rounds with at least 5 - 10 for every position being filled. We spend many tens of thousands just for a single hire. Professions that are almost entirely based on human capital tend to be like that.
Posted on 6/19/18 at 10:18 pm to AbuTheMonkey
quote:
I know little of inside sales, but in my industry and firm, I bet we touch base with at least double that number for every hire we make. We have first rounds with at least 30 and second rounds with at least 5 - 10 for every position being filled. We spend many tens of thousands just for a single hire. Professions that are almost entirely based on human capital tend to be like that.
We have full time recruiters and do similar, but we don't interview 150 for one position. Reach out througg LinkedIn or email, maybe, but 150 people aren't coming in the office.
Posted on 6/19/18 at 10:18 pm to Mingo Was His NameO
See above post regarding current economic “boom”
Posted on 6/19/18 at 10:19 pm to 777Tiger
quote:
You an Kilroy are missing my point, which is, when you are starting out and can’t afford any of those things, you’re not in a position to negotiate a salary because you think you need those things, nor is your prospective employer obligated to factor those things into your salary offer, that’s all
Well if an employer expects to have access to his employees when the aren't on site, he should expect to pay them enough to afford that access.
I'm not arguing you need cable television and fiber internet.
I never had this problem as I worked for decent companies for acceptable salary and benefits for my first job out of school.
Posted on 6/19/18 at 10:19 pm to 777Tiger
quote:
See above post regarding current economic “boom”
Which is totally irrelevant to what we're talking about.
Posted on 6/19/18 at 10:20 pm to AbuTheMonkey
quote:
We have first rounds with at least 30 and second rounds with at least 5 - 10 for every position being filled.
That’s much less than the 150 interviews he said.
Posted on 6/19/18 at 10:20 pm to Mingo Was His NameO
quote:
Sounds incredibly inefficient and time consuming.
It isn't my job to interview so... I don't care.
It is a commission position with demanding quotas.
In reality, the training pay helps. But 1st few years commission suck. Every year gets better.
But it takes a lot of interviews to find the right salesperson with the communication skills, long term career view, and tolerance for a relatively low starting pay.
Overqualified or even highly qualified don't like the first few months pay when they are off the training pay and on commissions.
It isn't easy to find that middle fit for a dead ringer in sales who doesn't need 6 figures the first couple of years.
Most kids fresh out of college don't know how to work towards goals (i.e. you work and work and work until the job is done. Then you find more work).
Posted on 6/19/18 at 10:21 pm to 777Tiger
quote:
nor is your prospective employer obligated to factor those things into your salary offer, that’s all
My company pays me $50 a month for my cell phone bill.
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