Now, here’s the current conundrum. I still don’t make six figures. I have made some really smart money moves, but even now, I’m not slated to pull in six figures for another decade. I have two choices. The first option lets me sit back and let time work its magic. Each year of service nets me a small raise. It also gives our money in the market more time to do its thing. Conversely, the second choice involves monetizing our talents and skills. Otherwise known as prioritizing the side hustle or the passion project.
\naverage salary is a pretty generic term and does not tell you how the number is computed. Usually, but not always, it would be the sum of the salaries divided by the number of salaries. This is known as the mean.\n. \nThe median salary is the "middle" value. That is to say, if you listed all the salaries from lowest to highest, the median would be right in the middle. \n. \nA more precise statistical definition might say it is the value that separates the higher half of a sample or a probability distribution from the lower half.\n. \nWhen you say average, the might indicate the mean salary, but we don't know for sure. The mean is what I described in the first paragraph.
Salary.com's entry level jobs cover recent college grad jobs, first entry level jobs, some associate degree level jobs, high school graduate level jobs. Entry level positions may require no experience. An entry level cover letter, and entry level resume are usually required to obtain entry level positions. Entry level job searches can sometimes even surpass the recent college graduate job level.
While I was doing WordPress speed optimization I noticed lots of people needed it, but very few people supplied it (there were a lack of services and tutorials when I researched Google). I also knew hosting was the #1 factor of website speed factor and these companies paid up to $200/sale. Hosting is a competitive space but the commissions and lack of supply enticed me.
Its all relative to what you need, I was in Sales (Corp 401k and Pension) right out of college and made a 200k a in the early 90’s with consistency then had years where I made 1m in my early 30’s. However I hated it. I was smart and banked it in the lucrative Boston Real Estate market and in my late 30’s left sales and took a more boring desk job with less travel and more time for my kids. I made about 100k +/- a year for but put together a nice traditional pension. In my early 50’s, after my kids graduated college (Yes I did pay) I finally took my graduate degree (Masters in Urban Planning) and put it to work as a planner in a suburban town, where my staring comp dropped to 65k, now in my late 50’s I am the Dir of Planning for a small city making about 160k and happy in my work for the 1st time ever! Also the benefits working in government are 10x what they ever were in Corp America. Do what you love
I am a highschool student with some questions. First of all I wanted to know the importance of volunteer work for getting into a high end school (I currently have straight A’s as well.) Second are AP classes beneficial even if a college I would like to go to doesn’t accept them. And lastly I am interested in being a Petroleum Engineer so any info you have on that field of work would be cool. Great article by the way!
Re: Booz Allen – the nature of Federal consulting is shifting away from true strategy management consulting and more operational consulting and IT consulting. So to categorize Booz Allen in your Strategy list isn’t accurate, not when you have better Strategy firms to include, see above list, also consider Accenture Strategy (the strategy shop of Accenture, similar to Deloitte S&O).
Without doubt that was by far the best summary of “Greatest Tips” I have read to date. It is so confusing out there…I want to help my son who struggles with cranky bossy managers to empowering him and havening him live life on his terms. I know affiliate marketing is the way out but where to start?? Do we set up on Shopify and offer other people’s products? Do we set up a blog with a few good links? Do you go to clickbank and peddle the China trinkets etc? Its a tough one to sort but this tutorial was an easy to understand read and you have my word that any of the hosting or other services offered I will use your affiliate link to thank you for sharing your knowledge and your mistakes. Sincerest thanks Tom!
Second, I 100% agree you want to go to a state school! Not only did I graduate undergrad with a 6 figure offer in Electrical Engineering, I graduated with a 6 figure net worth from working those internships and investing (woot woot), and obviously debt free too (got to love full ride academic scholarships)! Though I used my 4th year of scholarships to do my first year of my MBA cause who doesn’t love free money while working 30 hours a week as an engineer. While I did this I lived in my parents studio apartment and saved over 95% of every penny I earned (that’s what’s so great about engineering during school – when you work and do school you make a ton and are too busy too spend it).
There are inexpensive options to attend technical and community colleges to obtain a 2 year degree in a technical field that O&G recruits. The industry is getting more complex so if you’re able to get an associates degree in Instrumentation and Controls and graduate at/or near the top of your class where major oil companies recruit you have a good chance of landing a job where you can make 100k+ less than 2 years out of college.
I don’t know of your friend’s particular situation but I’m curious as to what his resume look likes or what kind of grades he made. Is he willing to relocate or is he looking for a specific type of job? There are so many reasons why someone with a Chemical Engineering degree will say they haven’t found a job but I’ve found that top of that list is people who decided they hated the major a little too late, made poor grades or those who are not open to relocation or field work. Four years is a long long time for a ChemE to not find a job, he’s doing something wrong.
I would love to make 100k, but so far, nobody has come up with that kind of cash for me to blog and take care of my kids. However, when I was working in IT, I did ok. However, layoffs were rampant as the push to use ‘off shore’ resources was huge from corporate. So in many cases, I am not sure IT is the fantastic career it once was. I am sure it is different if you work at Google and such, but for people starting their careers in programming, the competition is stiff not only between American workers, but with those abroad also.
1. I’m no longer a solopreneur. If I was a solopreneur who netted $5K from a website I ran on my own, that would be pretty darn good. But I don’t do everything myself. Instead, I run a company that has a lot of expenses. My team manages a number of blogs, and I pay six team members each month, as well as dozens of writers who contribute to our blogs, plus a tech-support team. That $5K goes into company revenue, not directly into my pocket.
I’m 23 y/o and have been going to community college on and off since h/s. Didn’t really care about grades the first 2 years so that really screwed up my gpa in the beginning. Long story short, I’m sitting at a 3.0 gpa currently and want to change my situation. I’m going to take school and grades more seriously. I have to stay one more year at community college to complete the required transfer classes to be able to attend a university. I can probably raise my gpa to a 3.1 before i transfer, but I don’t think i can transfer to a good business school with that gpa. So I plan to transfer to a Cal State and try to keep a 4.0 for 2 years until I graduate so my average gpa from community college and University would be about 3.5-3.6. Then, my next step would be to apply to a top 15 business school
Great article, thanks. My question is slightly off the affiliate topic. I am curious about how Authorship will effect people running blogs on different topics.I run a marketing creative firm and want to start moving into information product sales, but I want to be able to write about our firm expertise (membership marketing) as well as try out products and blogging for people who want to start creative firms. How will people who want to write on unrelated areas manage things like G+ profiles as Aurthorship and authority become bigger deals? Do you think it will be a problem in Google to have the same author writing about different topics?
If you see a job listing with a salary of 12k, that means you willbe receiving 12,000 in your country's currency for a year. Assuming you are in the United States, making minimum wage ($7.25an hour) at 40 hours a week will give you around $15,000 per yearbefore taxes. Making $12,000 for full-time work is below the UnitedStates' federal minimum wage, but would be a typical salary for apart-time job.
Don't go it alone. Ask successful affiliates how they've grown their incomes - most are happy to share the details. Read their books, take their courses and get on their subscriber lists. There's no point in trying to reinvent the wheel. Simply follow the path that other successful affiliates have taken before you and you can achieve success too. It really is that simple.
And don't forget, in order to truly make personal recommendations, you'll need to be a CUSTOMER as well. I see far too many affiliates making personal recommendations without even making the investment in the product or service they are promoting. Not only will you lose credibility when you do this, you'll be limiting your marketing potential by not knowing the product like you should.
Electrical engineers can crush it out of the park. Think startups and stock options. There’s not too many startups in oil industry, and I’m guessing only high level employees get stock. In electrical engineering, low level employees get stock. For me personally, despite earning a very high salary, it’s nowhere near what I made from stock… salary is almost negligible.
Is becoming a $100k+ earner in orchestras like SF symphony just as competitive as joining a major sports league? Maybe. It’s just that $100k+ symphony job openings are so rare that no one can really count on it. Orchestra is a very unique job and often general public don’t know how people got there. Of course not everyone value and want to support arts. But when those few $100k orchestra job salary disappear, the live symphony music we hear today will die.