Starting Salary

[billt460]

At the end of a job interview, the HR manager asks a young engineering graduate fresh out of Harvard the following: "And what starting salary are you looking for"?

To which the young engineer replies, "In the range of $175K a year, depending on the benefits package". The manager then inquires, "Well, what would you say to the following package?"

"10 weeks total time off, full medical and dental, and a company matching retirement fund to 25% of salary... And a company car leased every 2 years... Say a red BMW?

The young man says, "Wow, are you kidding?" The manager says, "Yeah, but you started it!"

 

[TomYoung]

At the end of a job interview, the HR manager asks a young engineering graduate fresh out of Harvard the following: "And what starting salary are you looking for"?

To which the young engineer replies, "In the range of $175K a year, depending on the benefits package". The manager then inquires, "Well, what would you say to the following package?"

"10 weeks total time off, full medical and dental, and a company matching retirement fund to 25% of salary... And a company car leased every 2 years... Say a red BMW?

The young man says, "Wow, are you kidding?" The manager says, "Yeah, but you started it!"

Right, then the Harvard engineering graduate ends the interview and pans the company to Harvard career services. I would not be at all suprised that Harvard engineering grads are commanding big money.

 

[SC Maintenance]

The smartest engineers go to the school up the street from Harvard - MIT.

 

[wings&wheels]

The smartest engineers go to the school up the street from Harvard - MIT.

Yes, but they work for the Harvad B School grads.....may not be a good thing. I wasn't smart enough for either BTW

 

[slo town]

Yes, but they work for the Harvad B School grads.....may not be a good thing. I wasn't smart enough for either BTW

I wasn't smart enough for either as well. One of my life long career colleagues and friends is an MIT graduate, a gentleman named Charles. He was the most intelligent, level headed person I've ever known. Always willing to help others. A super nice guy as well.

Scott

 

[SC Maintenance]

Yes, but they work for the Harvad B School grads.....may not be a good thing. I wasn't smart enough for either BTW

Nah, the Harvard and MIT grads all work for the Stanford business school grads.

I didn't get into any of them either.

 

[slo town]

Nah, the Harvard and MIT grads all work for the Stanford business school grads.

I didn't get into any of them either.

I'm not making this up. My MIT friend married a Stanford PhD. Room lights dim when both of them are in thought.

Scott

 

[wsar10]

Depending on what the project is and where it is located, this is pretty much a reality for salary in any completive Tech market. I have been in the Tech industry for over 25 years and I interview Technical professionals pretty regularly right now. I am currently a Director for a Medical Device manufacturing facility on the East Coast and we are gearing up to resume manufacturing within a 13485 environment, its hard to find Talent in this area right now. I am pulling from the Harrisburg PA area and we try to start guys at $120k but will go up to $150k for the right talent. Even in this area which is not a comparable economy to many cities in the US where Tech people are pulled from, I can see us having to start people at $150 by next year or so, that puts the same type of scenario at close to or over $200k on the West Coast.

Most people without having been in technical positions fail to understand what an engineers work day really looks like and how heavy that work load really is in a regulated environment.

 

[dadto2]

I understand that my company is offering some Software Engineers $150k right out of school, and we get turned down with regularity.

 

[PWMDMD]

You can watch many of the MIT lectures on YouTube for free. Having sat through quantum mechanics is physical chemistry in undergrad I can assure you the person teaching it to me wasn't anywhere near the level of Prof Zwiebach who was trained by Murray Gell-Mann who was trained by Victor Weisskopf who was trained by Max Born who was trained by Carl Runge who also trained JJ Thompson and Karl Schwardzchild - all HUGE names in physics.

 

[nickaluch]

I'm a custodial engineer great benefits terrible pay

 

[factorytuned2012]

I'm a custodial engineer great benefits terrible pay

I had a pretty decent package with pay as a school custodian back in NY I wish I had it back lol

 

[Leo99]

The 25% 401k match is kind of high, but the rest of the salary and perks are not outrageous.

 

[nickaluch]

I had a pretty decent package with pay as a school custodian back in NY I wish I had it back lol

NY school head custodian here great benefits free health insurance with some overtime hit $100k NYS pension at the end. Five min drive to work. Been doing it for about 8 years after I sold my business

 

[factorytuned2012]

NY school head custodian here great benefits free health insurance with some overtime hit $100k NYS pension at the end. Five min drive to work. Been doing it for about 8 years after I sold my business

That’s what I’m talking about I’ll run a 60 down the hallway all day long

 

[billt460]

NY school head custodian here great benefits free health insurance with some overtime hit $100k NYS pension at the end.

$100 grand a year for a janitor. Plus a full pension. And they wonder why NYC, along with that whole state, is broke and billions in debt.

 

[factorytuned2012]

$100 grand a year for a janitor. Plus a full pension. And they wonder why NYC, along with that whole state, is broke and billions in debt.

You ever done the work? There’s a difference between a janitor and head custodian. You’re responsible for the entirety of the buildings operation.

 

[billt460]

......... free health insurance........

There is no such thing.

 

[billt460]

You ever done the work? There’s a difference between a janitor and head custodian. You’re responsible for the entirety of the buildings operation.

It doesn't matter. Overpaid is overpaid, period. That's almost double the national average.

https://www.google.com/search?q=ave...512i650l4.22108j0j15&sourceid=chrome&ie=UTF-8

 

[Langanobob]

To put salary inflation in some sort of perspective, my father in law, RIP, graduated from Cal Berkeley with a degree in electrical engineering and went to work for IBM. It was the only job he ever had and as he approached retirement they were hiring new grads for more than he was making after close to 30 years.