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re: Fresh out of college, no real-world experience, no specialized degree. Salary expectation?

Posted on 6/19/18 at 10:21 pm to
Posted by 777Tiger
Member since Mar 2011
92278 posts
Posted on 6/19/18 at 10:21 pm to
And OP is about really having no skills or experience, and salary expectations, these threads always turn into dick measuring contests, lots of hot air being blown around
This post was edited on 6/19/18 at 10:22 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41099 posts
Posted on 6/19/18 at 10:21 pm to
quote:

We have first rounds with at least 30


That's a bit different than 150
Posted by meansonny
ATL
Member since Sep 2012
26819 posts
Posted on 6/19/18 at 10:22 pm to
quote:

What industry?


Insurance
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/19/18 at 10:23 pm to
quote:

these threads always turn into dick measuring contests, lots of hot air being blown around



It's not really a dick measuring contest, you just got called out for saying some dumb shite and not knowing what you're talking about.
Posted by 777Tiger
Member since Mar 2011
92278 posts
Posted on 6/19/18 at 10:23 pm to
See post about OP
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 6/19/18 at 10:24 pm to
Yeah I’m not sure exactly where the dick measuring is.
Posted by meansonny
ATL
Member since Sep 2012
26819 posts
Posted on 6/19/18 at 10:26 pm to
quote:

That's a bit different than 150


My sales team has hired 2 people in the last 24 months. Management has been interviewing that entire time.

Again, sometimes our job offers go through a 3 month interview process and reject us.

This approach is cheaper than training someone for 3 to 4 months and it not working out.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8645 posts
Posted on 6/19/18 at 10:28 pm to
quote:

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.



I understand that, but I'd be curious what he/they mean by "interview" as well. I bet we have easily that number and probably much more in conversations, both formal and informal and usually in person, before we even begin bringing people in for formal case studies. I'd be curious as to what the person actually meant.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 6/19/18 at 10:28 pm to
quote:

$50k is about average for my company straight out of college. You can make as much as you want though if you’re good. Performance based income is uncapped


quote:

TH03


Dude, wine and liquor salesman don’t start out with a $50k base. GTFO
Posted by 777Tiger
Member since Mar 2011
92278 posts
Posted on 6/19/18 at 10:28 pm to
Been in the “world” probably longer than anyone in this thread has been alive, and have had a pretty good run, being “called out,” by someone that really doesn’t know what they are talking about isn’t being called out, just means you’ve all apparently quite a bit to learn
This post was edited on 6/19/18 at 10:31 pm
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 6/19/18 at 10:30 pm to
quote:



Yeah good luck. Our base is $15-20k
quote:

TH03


That’s more like it.

Disregard my previous post
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/19/18 at 10:30 pm to
quote:

Been in the “world” probably longer than anyone in this thread has been alive, and have had a pretty good run, being “called out,” by someone that really doesn’t know what they are talking about isn’t beieng called out, just means you’ve all apparently have quite a bit to learn


Go look at the post history, this s all he/she does. He's also extremely jealous of blue collar baws for some reason
This post was edited on 6/19/18 at 10:37 pm
Posted by Cotten
Tennessee
Member since Jan 2018
1826 posts
Posted on 6/19/18 at 10:33 pm to
quote:

you just need to get your foot in the door and gain some experience in the field that you want to be in.


This. Once you get a few years you can leverage that to gain more salary. For reference I graduated with a business degeee from LSU.

First job-$35k
Second job 1 year later-$54k
Current job 4 years out of school-$87k

Not OT baller money at all but $70k out of school is completely out of touch with reality. You’ll likely be competing with candidates significantly more experienced.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 6/19/18 at 10:33 pm to
$30K
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/19/18 at 10:33 pm to
quote:

Been in the “world” probably longer than anyone in this thread has been alive, and have had a pretty good run, being “called out,” by someone that really doesn’t know what they are talking about isn’t being called out, just means you’ve all apparently quite a bit to learn


"I'm old, so by default I'm smart"
Posted by 777Tiger
Member since Mar 2011
92278 posts
Posted on 6/19/18 at 10:35 pm to
In this case, absolutely
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/19/18 at 10:35 pm to
quote:

$70k out of school is completely out of touch with reality.


It's the higher end, but definitely not out of touch with reality. That's how much college grads make at my firm with variable comp.
This post was edited on 6/19/18 at 10:36 pm
Posted by Dick Leverage
In The HizHouse
Member since Nov 2013
9000 posts
Posted on 6/19/18 at 10:41 pm to
It all depends on your location and industry but the average is probably around $40-$50k with nice incentives.

I am the VP of Sales in my companies regional office and we start a new hire out at a salary of $50k and a possibility of a 20% April bonus if we reach budget. Prorated from when the month the new hire starts. They also are issued a new F150 truck through lease plan with a fuel card. They don’t pay for gas, insurance, or maintenance. They can use the truck for personal use but have to report their personal miles every month. A spouse(but only a spouse) is authorized to drive the vehicle. We have a good insurance plan portfolio for them to select from and we match 401k dollar for dollar up to 7% of their salary. They are also issued a T&E card with a limit of $2000 per month. This typically covers lunches, dinners, golf, sporting events. Any single expense over $1000 (hunting trips, fishing, etc) has to be Pre-Authorized by me.

But we have never hired a sales rep straight out of college. Our youngest reps are 24-26 age range and we usually have only one or two junior reps in that age range (out of 12.) Most of my people are in their 30s or 40s and I have one who is 62 and one who is 70. The Senior reps make $90-$120 in salary and are on the same 20% bonus plan. They just have a much bigger expense account because they have the relationships at the biggest accounts and get to do the good trips like taking customers to the British Open, hunting in Argentina, etc.. Heck, one of my reps and me just spent $10k on a weekend in SouthHampton to take 3 executives to the US Open.

Don’t get me wrong, there are much higher paying sales jobs out there. I know several guys who earn $500k or more a year. But if you are good and keep your head down and be patient, you can easily have a good career making $100+ with great incentives and maybe luck your way through networking into one of those $500k commission based jobs.
Posted by castorinho
13623 posts
Member since Nov 2010
87550 posts
Posted on 6/19/18 at 10:43 pm to
quote:

We probably interview 150 people for 1 hire.
quote:

Who the frick is your CFO and your head of HR?

Holy frick.

No shite. Where the frick do you find time to interview 150 people for one position? Screen better and limit it to 10 phone interviews max and 3-6 face to face first and possibly second rounds.
He has to be trolling or is VERY hyperbolic
This post was edited on 6/19/18 at 10:45 pm
Posted by Tiny Rick
In a vat in the garage
Member since Jan 2016
1517 posts
Posted on 6/19/18 at 10:44 pm to
Geez. I’m in sales (not car, pharm or medical) and the salary numbers y’all are throwing around are very low. When I was entry level I was making $60-$70 with incentives earned.

The only thing I will say is that “you get what you pay for”. I’ve talked to some guys looking to hire and they mention the same problem you all are discussing. One time, I pointed to their guy and said you pay him $70,000/yr and you get very minimal out of him. Imagine where your company could be if you came off another $20,000/yr and got someone truly motivated to help your business grow. I know sales guys that turned out to be so valuable to their company that they now are partial owners.
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