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I have been a data analyst for three years. I’ve got advanced Excel skills and R Programming skills, intermediate SQL skills and recently completed Datacamp’s intermediate Python course. My goal is to become a Data Scientist. Am I ready/experienced enough to go for the Data Science role or should I be looking at Junior Data Scientist/Senior Data Analyst roles? All my experience is in the energy industry looking at data on a national (GB) balancing level Databricks Shell Google Amazon Glassdoor
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Considering offer as a Manager in Protiviti technology consulting practice. Considering moving into consulting after over a decade in industry. Can anyone share their perspective on what what it’s like working in protiviti technology consulting as a manager now? (I.e pros and cons). Appreciate any insight!
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Make a budget, live modestly, and dump everything you can into savings and investments. I max out my 401K, never spend my bonus and RSUs, and a third of my paycheck goes straight into savings.
If you’re living modestly as if you have a lower salary with the goal to save and FIRE, ostensibly you’re going to have a different outlook on the “vacation lifestyle.”
Practically speaking I have two separate savings accounts at different banks. My “core” savings (big savings account + investments) that I never touch is where my bonus and RSUs go. My “soft” savings is where about half of what I save from my regular pay goes to. The soft savings is where I dip into for things like vacation and other large expenses (vehicle maintenance, furniture, etc.) When I travel I don’t really do much differently than I did in my early 20s; vacations are about experience not extravagance.
You can be jealous of me making 280k here
Comparison is the thief of joy. Also, you can safely assume that everyone on Reddit is either lying or seriously embellishing the facts about their life.
Diversify who you spend time with and really take note of the things you have associated with quality of life improvements. Really figure out what it is you want and makes you satisfied on a day to day and ask yourself what the extra money will do for you (outside of social clout).
250 K is chump change if you work for the right company. You are asking about coping mechanism and not grounding yourself. You are defining a very narrow criteria that makes you feel better about what you make, and that’s ok.
Why would you compare with non tech ? You know how much people make in consulting and banking ? Or pharma? Forget about non tech, your peers in tech are making more . You are convincing yourself at the expense of your friends . If you want to ground yourself , then compare yourself with your peers. There is a BIG difference between “top percentage” and 1% and a massive gulf between 1-0.5%. Improve your skills and profile to work for companies to make that much instead of getting jealous.
Or just be satisfied using the benchmark that makes you feel better.
Why people are getting jealous of 250k and being told to strive for more in this economy is beyond me. Pretty out of touch. Stuck in 2015. The reality is it is likely anyone making that money will not be soon. Surprised that isn’t on the mind, more than an insatiable appetite for more.
Unless everyone in your zip code is doing a job similar to yours it’s not a relevant comparison. The measure of your compensation is what the market is paying for others with your KSAs, not your neighbor’s salaries. If your role, experience, and similar performance is paying others $250k you should be there too. If not, there’s no justification for the jealousy.
I’ve reached a high salary milestone that would shock most of my friends outside of tech. With it came a ton more responsibility, accountability, and job insecurity. I actually would love to make 75k less right now and not have the stress that goes with my current role. A significantly higher salary comes with significantly more pressure and stress.
I guess my jealousy is the reverse of yours.
I assume leadership is where you've landed and that means bearing a lot more ambiguity and setting direction and more coordination/influence. I'm curious about the job insecurity piece.. wouldn't those whose judgment/bets have been valuable and can "handle the scope of ownership" be put in the authority position?
Rising Star
I got turned down yesterday for a role that would pay about half what I made at IBM. Up to that point half of me was grateful for the opportunity to have income again 6 months into unemployment, and the other half was dwelling in the reality that it wasn't near enough to pay our bills.
Our house is now on the market as savings is all used up, and my relationship with income has been reset in a major way.
Rising Star
I've applied to several hundred opportunities now, GTM being among them, nothing has worked out yet. All I can do is continue to apply and remain patient and hopeful.
Pro
Look up the average incomes around you. Pay attention when you walk outside. Volunteer your time at a foodbank. Trust and believe you will feel much different.