The Inaugural Slick Deals Career Thoughts and Compensation Thread

Gender: Female
Age: 24
Location: MN
Occupation: Project manager
Education: M.A in Socilogy
Future Salary Projection: +2-4k per year depending on performance.
Benefits: 10 paid holidays . up to 5% bonus paid half on company performance. Paid mileage upto 100km outside of normal travel.
Whats the job like: Small firm . Nothing too special.
Recommendation: At my age and experience it is more than what I deserve and to make what I make. Most who work here have given their life to the company because the company treats its workers pretty good. If you like working with a small group of caring people then it is perfect.

Gender: Female
Age: 24
Location: MN
Occupation: Project manager
Education: M.A in Socilogy
Future Salary Projection: +2-4k per year depending on performance.
Benefits: 10 paid holidays . up to 5% bonus paid half on company performance. Paid mileage upto 100km outside of normal travel.
Whats the job like: Small firm . Nothing too special.
Recommendation: At my age and experience it is more than what I deserve and to make what I make. Most who work here have given their life to the company because the company treats its workers pretty good. If you like working with a small group of caring people then it is perfect.

do you have a pmp?

Jen, any more detail? Pay range, what sort of work is it, what sort of projects, are you running them or are you a part of the team running them, etc.

My salary now is 1k but its only for few months.

Our projects are universal and versatile, we deal in social dealings, we keep on changing our projects from time to time depending on the requirement of the people. We also help people who are in a fix.

I am still part of the team as am still very young to it

Seems everyone with a BA or BS in their early or mid twenties makes about 40-50k, this is also true of many of my friends, at least the ones with "real" jobs. I also know of a few college grads who could not find "real" jobs and are working in low paying jobs like retail clerk, teller, etc.

Hmm, I don't think people here are lying about their jobs or compensation, why bother? Maybe it's biased toward the high side because people who are dirt poor probably don't venture into the finance area on SD.

Hmmm...I think that I can help you out with your question, kat.

Just to preface, long time member here at SD (since 2004), but figured that it'd be best to set-up a new profile for the finance board.

My hubby is a physician, trained in family medicine, did a fellowship in Hospitalist medicine and now is working locum tenens (fancy word for physician contractor).

He came out of medical school around 2006 with about $150k in loans (tuition was at a very expensive private college). We were lucky in that:

1) we had family assist with paying off at least 1/3 of the loans when he graduated med school
2) I worked throughout most of his medical school to cover day-to-day expenses. Otherwise the loans would be much higher.
3) We were lucky in that we were able to consolidate ~$80k at less than 2% interest.

As a result, we are down to the last $30k, with loan payments of under $300. We used the regular repayment schedule and the loan is through Sallie Mae. I believe that there are options to request a change to a lower monthly payment on their website after you receive your loan. We always paid way more than the minimum, but did not make a big effort to pay off the loan completely as we have been saving for a house. (And while historically low, the interest on a mortgage is still twice the consolidated loan). Otherwise, the repayment term would be over 30 years.

The med school loans sound daunting, but if your son chooses correctly, he will not lack for a job. (Congrats to him for getting in!) Family medicine (while relatively not paying much compared to other specialties) seems to be in huge demand. Also hospitalist medicine seems to be growing right now, plus they typically have a nifty schedule of working long hours in alternating week long shifts, so it would give him time during the weeks between to pursue other opportunities. (But in any case, he doesn't have to figure out where he wants to specialize until later, so the rotations in med school will be very important.)

Best wishes to your son!

can I ask you how your husband went about consolidating his loans at 2%. I'm still in school but am looking at graduating with about $130k in government loans at about 8%. (thank god I didn't have to pay for undergrad, some of my friends will have over $300k when they graduate)

Gender: Male
Age: 27
Location: NYC
Occupation: Finance - Compliance Officer
Education: BA in Finance & Information System from top 10 undergrad business school.
2012 Salary: 95K + variable bonus
Future Salary Projection: +3%/year
Benefits: 4 weeks vacation, 10 paid holidays, 2 personal days, unlimited sick days, 10% 401k match, health and dental free + $500 debit card to pay co-pays and prescriptions.

Whats the job like: Lots of learning about federal legislation and how it effects the banking industry. 3 major audits a year that must be coordinated and passed successfully. A small firm where I am expected to learn quickly and be proactive to keep the bank safe from fines. Regular work day is 9:00 AM - 5:30 PM.

Any thoughts or reactions? How am I doing?

Thanks.

Gender: Male
Age: 24
Location: Atlanta GA
Occupation: Big 4 - Management Consultant
Education: Finance and MIS majors, Econ minor
2011 Compensation: upper 50's
Future Salary Projection: lows 70's.

What's the job like?

Travel. Travel travel travel travel travel. Watch House of Lies TV-show to get a basic idea. While over dramatic, the concepts are much the same. And I'm not even MBB.