Computer engineering, works at a FAANG. |
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My oldest is 25, graduated in 2022. He started at $85k. He’s received two promotions and he makes $105k. He’s a government contractor with a large “Beltway bandit” firm doing PM.
My middle one, 22 years old, just graduated and will be teaching HS math at a private school. He will be making $55k. |
I hope your 22 years old enjoy teaching math more than I did. I quit teaching teaching 20 years ago after only 5 years to become an actuary. Tell your son to keep his options open..Actuarial science is very easy to break into for math majors and the pay is very good. It's exam based and the exams are difficult and you may have to spend up to 10 years taking exams before you become a fellow. However, it's worth the effort. Good luck to him. |
Another teacher. Congrats to both of your sons! Teaching is TOUGH. The PP brings up a good point— teachers often leave the profession. I’ve been at it for over 20 years, and I think I hit my stride around year 8; thought about quitting a lot before that time. It’s good to have a back-up plan in case the classroom just isn’t for him. Hopefully he becomes one who loves the challenge and sticks with it! We are in such desperate need of teachers right now. And (to the point of this thread): new teachers at our private also make about $55K, but they can also get 100% tuition reimbursement for continuing education and extra pay for duties around the school |
The problem is she has to work in private equity. I would be so ashamed. |
They are running private businesses backed by their own money, nothing to be ashamed of. Private companies don't owe you anything. |
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The reason you are not covering big tech/ mF500 like bezos is because PE is the easier target? |
yeah the problem with big tech comps is they have the 4 year cliff and many companies (especially in the current market) are not giving good stock refreshers so your pay will take a big hit in your 5th year unless you really stand out and they reward you. The game for a while has been to jump ship once your cliff approaches but now with the slowdown in the job market this is becoming less feasible. I'm taking about a 25% pay cut in 2026 assuming I don't get laid off first. |
| My 25-year-old assistant makes $88k per year plus bonus and stock. 2x/week in the office. |
| My 25-year-old assistant makes $88k per year plus bonus and stock. 2x/week in the office. |
| A no-name University LA&S grad is really an unskilled worker until they get experience. Thus, they will earn similarly to an unskilled worker, or about $55k. |
| DD making 65k at PR firm as college hire. She’s 23 and very thankful to have a job! |
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Our company (Fortune 500 hospitality so Marriott/Hilton) pays about $55-70k for an entry level program specialist or low level manager position at corporate. Most of the openings in this economy are flexible staffing, meaning you start w a 1 year contract hourly role and hope to move or get a full time employee role. They still have benefits if 30 hours/week or more, but it’s an hourly rate, not an annual salary, until you are full time.
Entry level property roles for college grads are available too. (Sales, food and beverage manager, director of finance, property IT, etc) Hospitality is generally steady and sometimes fun, but does not pay well. |
Decent perks though…yes? |