/biz/ - Business & Finance

10 years ago I started as an entry level sales rep for a SF tech company and was making less than the "low income" amount for that city. I was making $100k/year.
Nothing says you have to live in some progressive shithole.

>>54371578
>What went wrong?
neoliberals decoupling productivity from wages 50 years ago

>>54371578
>let me make this same thread for the 10th time and abandon it
Man I’m demoralized haha cya in the next thread

I'm an engineer and my starting salary with a masters degree and no engineering experience was almost $90k, including bonuses it was over $110k.

>>54371578
Californians ruined this fucking state I hate them so much

>>54371578
>What went wrong?
engineers get paid with real profit from real profitable companies. SWE engineers are paid by jew vc companies

>>54371578
imagine aspiring to be an engineer in a corrupt, decaying empire that doesn't build anything anymore, lol.
lmao even.

>>54371578
Engineer with 3 years exp making $103k a year in average COL area. OP keep making these threads idk what kind of point you're trying to make with them but it's nice for us engineers to give each other pointers in them. Not sure what's got you down but maybe if you didn't fail Calc 2 we wouldn't be seeing these threads daily

>>54371578
To be fair US engineers are absolutely worthless in most cases.
European engineers all have masters degrees and much harder courses and earn a fraction, so the competitive pressure is too much.

t. not even an engineer, but know a lot of them in the US and EU.

>>54371881
lmao and you're PROUD of those figures? embarrassing

>>54372577
That's more than most people on this website, reddit, and just about every European. I'd imagine his retirement matching and other benefits are better than most as well. Probably works on cooler shit than whatever you'd recommend he do instead.

>>54372563
I am US engineer. Eurocucks are absolute trash engineers. Degrees don't matter, they are gatekeepers to getting the job. The only respectable engineers are the Germans. Other than that you might as well be a nigger

>>54372577
As a single guy the difference between $60k and $110k is the differnce between barely being able to live by yourself in a one bedroom apartment and being able to buy an entry level house, a nice car and afford expensive hobbies like skiing and motorsports.

>>54372577
He did better than my 60k starting/75k after 3 years.

>>54372650
You’re just bad with money or live in a shithole, simple as

>>54372554
Not OP but
>Not sure what's got you down but maybe if you didn't fail Calc 2
Dog I aced calcs 1-3, and did an internship and a coop to boot. It sounds like you got lucky because 85k is the national average for mechanicals and I make less than that. Don't act like grades have anything to do with it.

>>54371578
>What went wrong?
Indians

lawl. English degree here making 120k year

Imagine getting a technical degree in the age of meme jobs brb hr roastie making 100k with 1 year experience

>>54371578
Cheap labour and outsourcing. Globalization unironically caused it.

>>54372577
whats youre fuckin promleb essay

>>54372793
fucking bayseed. Doing what? I'm actually jumping ship from STEM to literature via a PhD scholarship. Please do tell me what you do.

>>54371578
Congratulations Ramdeep! 0.00001 satoshis have been deposited to your account for making this demoralization thread.

>>54372563
US engineering is literally the best in the world and has been for a century, what kind of fucking cope are you on

>>54374590
Actual retard. Based. US engineers are not even the best in North America.

What gave you guys the audacity to think you could make a million dollars or close to it per year by just applying for a job?

>>54372627
Guess you're shit then. If you were good you'd have noticed Swiss and French engineers are better than the German ones, but this is beyond your shitty bachelor's degree

>>54371578
Aerospace engineer in Germany. 4 years experience. 48k yogurt money per year.

>>54371578
Damn… I’m actually feeling pretty smug right now. I’ve worked for major beverage and snack companies and made 26.50. These fucking dork faggots have to facefuck their textbooks in college while me and my animal house retards were creampieing tight college teens. Yet these fags are only making 3.50 more? LOL fuckin sucks. I could walk into any faggot warehouse and make 25+. Get fucked nerds

>>54371877
>abandon it
You don’t understand how bots work yet, do you? The you’ve seen it so many times is by design: replies are botted as well. This is to “influence” thought. This is done on every single social media site, and 4chan is no exception.

>>54371578
Im a UK doc and i make £13 an hour lmao

>>54371764
feels like you have to if you want to start off in tech. what good entry-level jobs are work from home?

>>54375406
is pooing in the loo considered surgery

>>54375367
feeling smug and only having those few subjective, ephemeral pleasures to feel it about are more than 3.50's worth of difference in character
that "only 3.50" is actually $7280 per year that could bootstrap a second small business to start earning an extra couple grand every month.

>>54371578
Engineers fucked themselves. They demanded extremely high salaries for work that isn't even close to proportional to their output, but companies gave in anyway cause the returns on paying some monkeys above market price to build their product was exponential. Seeing these inflated salaries everybody and their mother went into STEM, and now the STEM field is beyond oversaturated with no signs of slowdown in supply for the next decade atleast.

No matter what "experienced" monkeys tell you, it's easy to find a decently skilled engineer on a competitive wage relative to what morons with an inflated sense of their worth demand. So wages become stagnant, because there's barely any change in the quality of work done when you hire a person that demand 150k compared to a person that demands 80k, the only difference is that the former is a conman while the latter is more grounded in their ability to contribute.

The tech industry is going through wild fluctuations and there is absolutely no way to sustain 6 figures straight out of college income when the output simply doesn't match. Most of these tech companies run on pipe dreams promising their investors that they will "disrupt" XYZ function in the market and secure massive investments, but the deliverables are almost never met and investors are starting to notice that there's been virtually no real disruptions in the market since FAANG, 5 of which are almost two decades old. Expect codemonkey salaries to start stagnating and going way down by 2030, IT is basically going to turn into a blue collar gig given the enormous supply of workers and low barrier to entry in the industry.

>>54372563
Degrees don't mean anything.

>>54372627
German engineering is the absolute worst. Adding more parts to make something more complicated than necessary is bad engineering practice, not good.

>>54375781
>Engineers fucked themselves. They demanded extremely high salaries for work that isn't even close to proportional to their output, but companies gave in anyway cause the returns on paying some monkeys above market price to build their product was exponential. Seeing these inflated salaries everybody and their mother went into STEM, and now the STEM field is beyond oversaturated with no signs of slowdown in supply for the next decade atleast.

What fairy universe do you live in? None of this happened. Engineers have gotten steadily shitter and shitter salaries. And engineering graduates are few and far between.

Engineers of all shades in my area (Columbus OH) start around $70k now. You picked a terrifically bad job posting. Nice try.

>>54377672
>>54375781
Oh wait, nevermind, you are just talking about software "engineers". That's not what this thread is about.

>>54372577
This board has ruined you. Let me guess, $1 million isn't a lot of money either, right?

Colorado bro here. Keep my state out of your fucking news we don't need anymore of you faggots

>>54377777
>>54372577
checked

>>54377816
It's not longer cool to move here bro. Now we just wait for the extra 10 million californians to fuck off to texas or some shit.

>>54377777
1 million in two more weeks confirmed

>>54377816
Hi, I'm Caleb, a tech worker from Boston. I was thinking of moving to your town. How many brick oven pizza restaurants are there? Any barcades? What's the Airbnb situation like. I make $400k as a SWE and like to invest in real estate.

>>54375317
>>54375342
>Muh bachelors
I have a PhD in aerospace engineering from one of the top ten programs in the world (in a US school of course) and I'm here to tell you that you are shit and every foreigner I've ever worked with, including Germans and Danish, had to had basic ass shit like Fanno flow explained to them. Not because of the terminology being different, but because they never actually fucking learned the concept. Our top ten aerospace schools absolutely mog Europe's, get fucked
So get fucked

>>54377875
What the fuck is a barcade?

>>54377842
Man we are too far gone anyways. Once Polis signs that AWB it's over for us.

>>54377982

>>54378060
.. so it's a regular bar?

>>54371578
>Subsidized housing

>>54377777
It's not

Question for engineer here,
I don't work but recently learned 3D CAD modeling, built a cnc plasma cutter from scratch, is this considered engineering level ?
do i need anything else to be mechanical engineer than knowing solidworks ?

>>54372007
>2007 is the digit sequence in anon's prophetic doompost
>2007 was the last good year
>last good year

I'm making 87k after 4 years experience 1 yr internship. Live in low CoL area though rent is 675 a month

>>54377777
If you live in Bangladesh it's a lot

>>54378060
The west… has fallen. It’s over.

>>54378649
Some positions might be possible if you start as a machinist, but you need to know at least mass and energy transfer, fluid statics, heat exchange, and circuits to be a process engineer, which means knowing differential equation level math. I'm a ChE though. Other portions of ME will require other engineering knowledge such as thermo, fluid dynamics, controls/transforms, and finite element analysis.

>>54371578
Unless you’re a top grad and have a job lined up at Lockheed or some shit you still gotta grind when starting your career.
I made $40k in the Bay Area my first job outta school. 8 years later I’m now making 200k. 55k is fine, get a roommate and enjoy the struggle for a few years

>>54378649
It’s hard to get to an engineer level without a degree. Almost impostor get hired straight on as one. You’ll have to start as a tech and work your way up. Ive seen it done that way though. The company’s to know you before they trust you as an engineer with no degree.
At the same time though, doesn’t hurt to try

>>54378105
i've seen them, they have alot more cabinents

>>54371578
It has been for some time, that's why I switched careers 5 years ago.
t.ex-automotive engineer

>>54371578
Engineers are retards-they deservecas much abuse as they can possibly get

>>54377918
Our top ten engineering schools which 90% are attended by Chinese and other foreigners >>54377875
Ktwx8

>>54377918
>We wuz spacekings n shiet
>We wuz tourists (but the rest of the world is gay America #1 n shiet)
Your entire field is pointless

accounting also pays the same. Except the degree is a lot easier and any persistent brainlet can get into the field.

I'm not mad about it

>>54381132
Detroit Three? I ask why you'd leave, since the salary to cost of living ratio there is 100% in favor of those jobs. It's basically the only industry outside of healthcare provider/payor since it's all just dying boomers. Plus, the UAW has so much power that people will pass out from hard drugs halfway into their shift and get the day off
t. area expat with lots of UAW stories

honestly this is probably unironically true because the inflation and house prices and cost of living in "liberal utopia"

if you work that 60k salary for 3 years and live in your car you could retire in half the country though

remember this cityfags before it's too late

>>54371578
>What went wrong?

idk. what is the better option?

I started my own business and live like a neet. made like 80k the past few years. If my business fails i'm going to make a living with white collar crime. fuck the system.

>>54381294
when it comes to repurposing post-AI world, i'd hire an engineer than some midwit bean counter.

>>54381739
Ok but can you tell me what I should order at the Chinese food restaurant im going to in an hour

>>54375404
>The ___ you’ve
^?
also do you have some specific examples

>>54382059
Do some combinatronics and get the roast pork, crispy pork and roast duck on rice, with bok choi

>>54381132
what do you do now

>>54372563
>>54372627
>>54374590
>>54375317
The Chinks are the best engineers

>>54372577
When you’re living in states like Louisiana, it’s a very comfy income. My company also doled out raises to the tune of 4% this year to compensate for average wage increase. The coasts have kind of decoupled from cost of living. Anyways, a mid level chemical engineer can expect to make 120-150k easily. Given how many women and minorities they’ve pushed into the fields, there will be a severe shortage here in 3-5 years.

>>54375367
>hourly rate is 60
>don’t have to sweat like a pig
>work a soft 42 hour week
>get off and in your wife while you work a double to afford her Amazon addiction
>understand basic geometry of the pussy and hit her g spot like a Cro-Magnon pounds coors lite.

>>54375781
This is hilarious, and incorrect. White women and minorities got forced into stem. Women are abandoning the industry at a 50% clip, and that’s only those who didn’t go to grad school or elsewhere. Minorities at 80%.
What’s happening in reality is that companies are having to implement insanely rigorous training programs to fill the gaping holes in their diversity hires knowledge.
Wages are going through the roof now because boomers retired and Stacy doesn’t like being sweaty as she stands next to a tank filled with poison. Over half of the people who got those stem degrees will be out of the industry within 10 years.

>>54372793
Hey me too. English major in 2012. Worked at one place for 65k... got let go and now make 120k at old company's biggest competitor. I'm a Copywriter writing those get rich quick newsletters. Fucking SUCKS but the money is amazing. 3% of all sales. So if you write a million dollar promotion you get 30k in royalties. Anyone with a half a brain can do this job but again... its fucking gay. Happy to help anons out

>>54375317
You're unironically a delusional freshman at best. >>54377918
is correct and >>54381226 is coping.

The only thing Europe is good for is making EUV lithography machines. If you want the best in materials science, its all American (with some token Japanese). If you want to work in advanced propulsion, airframe design, semiconductor design, biomedical research, or critical mineral recovery/recycling, the United States is still leagues above everyone else. We unironically spent the last 75 years pouring more resources into aero R&D than the rest of the world combined, vacuuming a planet's worth of talent in the process. What did you think would happen?

>>54386427
>>54386543
Based and correct refining chad. I considered plant work in undergrad but I'm still too scared of dying of random cancer in my 60s. I ended up getting a PhD in ChemE and working for a startup in a cheapish city. 65k is well, well under median, but its also a small company that's really flexible since its got a lot of young fathers in the R&D department. Too many people get hung up on starting salaries, not realizing that the "average" salary for their degree is being earned by some guy with 20 years experience and 8 vertical moves between companies.

>>54377777
Anon, it's not a lot anymore. Where have you been for the past 2 years?

>>54377918
wew someones salty about making the same salary as guys who spent 4 fewer years in school