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

Posted on 6/19/18 at 10:46 pm to
Posted by go_tigres
Member since Sep 2013
5485 posts
Posted on 6/19/18 at 10:46 pm to
100% inside sales, 8-5. The training manager preferred green - greenish sales people bc he could train them his way. Low side base 38,500, high side 45,000. We were churn and burn though. Hired/fired 3/5 a month, then RIF 4th QTR and start fresh QTR 1.

This was 10 years ago.

The biggest competitor in the state that I have now takes on green sales people, 50/50 inside/outside sales. They start at mid 40's.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 6/19/18 at 10:46 pm to
You're so lost in your assumptions/thin air. In 1998, mortgage loan with 10% down and higher than adequate credit rating and combined salary landed us 7.125%. A BofA CD was a whopping 2.250%.

Come on, man. There is no reason to inflate your position here.
This post was edited on 6/19/18 at 10:47 pm
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 6/19/18 at 10:48 pm to
quote:

one of my reps and me just spent $10k on a weekend in SouthHampton to take 3 executives to the US Open.


You hiring?

I’m cool with a regular PGA event or two a year.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/19/18 at 10:49 pm to
quote:

You're so lost in your assumptions/thin air. In 1998, mortgage loan with 10% down and higher than adequate credit rating and combined salary landed us 7.125%. A BofA CD was a whopping 2.250%.


I was talking about the 70s and 80s pal. The late 90s were "typical" rates. What many economist would like us to get back to.
This post was edited on 6/19/18 at 10:50 pm
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 6/19/18 at 10:50 pm to

Typical

Ok.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/19/18 at 10:50 pm to
quote:

Come on, man. There is no reason to inflate your position here.


Good luck with that advice...
Posted by 777Tiger
Member since Mar 2011
92280 posts
Posted on 6/19/18 at 10:51 pm to
He’s not your pal, buddy
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/19/18 at 10:53 pm to
quote:

Typical


Maybe that's not the word I was looking for. 4% is historically low and 15% is high. The target rate for mortgages is around 7-8%. I'm not sure what you're trying to accomplish here.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 6/19/18 at 10:53 pm to

I mean, sure we didn't have a phone... who could pay for it? A Motorola bag phone back then cost 500 to buy, was 30 minutes free a month and 50 cents a minute overage
Posted by FLTech
he/won
Member since Sep 2017
28267 posts
Posted on 6/19/18 at 10:54 pm to
$12.00\hour
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
69190 posts
Posted on 6/19/18 at 10:55 pm to
quote:

$70K base salary.


That’s a frick ton of money for Baton Rouge
Posted by hottub
Member since Dec 2012
3654 posts
Posted on 6/19/18 at 10:56 pm to
quote:

Will Cover


Military has a massive pilot shortage. If you have a decent GPA, I would pursue a pilot slot in the Air Guard or Reserves.

Thank me later
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/19/18 at 10:57 pm to
quote:

A Motorola bag phone back then cost 500 to buy, was 30 minutes free a month and 50 cents a minute overage


Yep. I had a truck phone and it was expensive. Hell, my first VCR cost $600. There were no luxuries.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41099 posts
Posted on 6/19/18 at 10:57 pm to
quote:

A BofA CD was a whopping 2.250%.


Looking at historical rates puts an average CD yield at around 4.8 - 5.1% in 1998.

Regardless, that post was referring to rates in the 80s.

And yes, a 6 month CD yielded around 11 fricking percent in 1984
This post was edited on 6/19/18 at 11:00 pm
Posted by 777Tiger
Member since Mar 2011
92280 posts
Posted on 6/19/18 at 10:57 pm to
It had a wired remote too I’ll bet, the struggle was real
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/19/18 at 10:59 pm to
quote:

Looking at historical rates puts an average CD yield at around 4.8 - 5.1& in 1998.

Regardless, that post was referring to rates in the 80s.

And yes, a 6 month CD yielded around 11 fricking percent in 1984


You can look this stuff up in 2 seconds. I don't understand how they're controversial on this site.
Posted by NickyT
Patty's Pub
Member since Jan 2007
8813 posts
Posted on 6/19/18 at 11:01 pm to
quote:

Dick Leverage



Damn are yall hiring
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/19/18 at 11:04 pm to
quote:

And yes, a 6 month CD yielded around 11 fricking percent in 1984


Mortgage rates were 13-15% around that time. 17% in 1982
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 6/19/18 at 11:05 pm to



What would you do without Google? To those of us old enough to have lived before it, don't you think our Google is simply memory? I know what my crappy rates were. I was only 27 trying to figure it all out with a real live human being.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8645 posts
Posted on 6/19/18 at 11:05 pm to
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


That's not really true all the time and for every industry. My industry pays kids right out of undergrad at least 2 1/2 - 3 times that before bonus, and they know they have leverage if they have a good alternative (which they all do).

On top of all that, this is a damn tight labor market. I'd be surprised if that was able to catch talented kids right out of school right now, even in lower CoL city like BR.
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