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What was your starting salary and did you get more money later in your job? ?
I just want to now how much I am making to sustain a lifestyle
4 answers
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Greta’s Answer
As a fresh face in the professional world, it's not just about the paycheck. It's also about the knowledge and experiences you can gain from the job itself. However, it's still important to ensure that the salary offered lets you stand on your own two feet financially.
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Paul’s Answer
Back in 1996, when I started my first real job out of college with a firm called T. Rowe Price, my starting salary was $20,000. I almost turned it down because this was the same amount of money I was making working at Footlocker. I felt disrespected because I had graduated from college with a B.A. in Economics and this financial company was going to pay me the same amount of money I was already making helping customers pick out shoes.
However, after I gave it some more thought I accepted the position because I realized that this was only an entry level position and I needed to get my foot in the door to start building up my resume. I wasn't going to be stuck at that salary forever and I probably wouldn't be at T. Rowe Price for my entire career. FYI, I've been at a total of 8 different firms since leaving T. Rowe Price and I've increased my salary by 10x.
So the point is not to focus too much on your starting salary. Yes, you will make more money as your career advances, but you need to start somewhere first and get your foot in the door even if the starting salary seems low.
However, after I gave it some more thought I accepted the position because I realized that this was only an entry level position and I needed to get my foot in the door to start building up my resume. I wasn't going to be stuck at that salary forever and I probably wouldn't be at T. Rowe Price for my entire career. FYI, I've been at a total of 8 different firms since leaving T. Rowe Price and I've increased my salary by 10x.
So the point is not to focus too much on your starting salary. Yes, you will make more money as your career advances, but you need to start somewhere first and get your foot in the door even if the starting salary seems low.
Updated
Cheryl’s Answer
Bachelor degree, 4yr college degree in Social Work in ND pays from what I've read starting sixty thousand a yr to hundred thousand depending on experience. I am a retired BSW Social Worker, when I retired I was making about $30.00 an hour, which was 15 years ago. I do believe you can make a decent living today with a bachelor's social work degree, but I recommend a Masters eventually for increased pay & job opportunities or even having your own practice.
Updated
david’s Answer
Focus on increasing your worth to an employer, and your income will increase. That is, if you focus on the salary, you will lose sight of the fact that the employer hired you to do a job. Focusing on the job is where you want to be. Most employers are prepared to increase salary after seeing demonstrated performance of a new employee. I wish you well.
Thanks for the help.
Jefferson
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