Has anyone started with 40k here? Seems insanely low, it’s a fairly new firm, I am straight out of undergrad. Located in NYC with fixed of 1800/month (rent) + daily expenses. Not good at negotiating, but doesnt seem like they would be open for raising the salary either way

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If you can cover your fixed expenses + bar tabs while working at a place that allows you to rapidly grow your skill set and make big moves after a short period of time you’re all good.

I started at 42. It’s all about the future value of the skill set and knowledge you are building. Money comes later.

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Almost 4 years. Made a move after 12 months and then another after about 10 months. Been where I am now for two years.

Also started out around 40k 15 years ago but sounds like you'll still have about 500+ in savings per month which is good

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Haha great to see this you guys, congrats!! And yeah I guess, I will still have some savings but still feels painfully low…

So $40k base + they’re paying you ~$20k for rent (is this taxed?) + daily expenses? So probably more like $70k - $80k. Which isn’t as terrible as the headline $40k number feels

I wish, its 40k base pre-tax. Tried negotiating, but the guy straight up said ‘someone with more experience out of the bank agreed to 45k, so 40k is what I comfortable with for you out of undergrad’

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Started on 40k but with 2-4x bonus expectation

How long ago?

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