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Hi all, recently in touch by Spotify recruiter for a Sec Engineer position for remote EU and was told that range was 60-80 out of base salary and equity. Had 2 years of security experience out of my 4 years. Was also told that there is no bonus scheme or no sign in bonus 😕 Not sure how I feel about this tbh.
What do you think?
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Recalibrate your definition of a lot and you'll find something great (ie, try for top 1 pct globally vs in the US). Evil and bullshit jobs pay the most, it's the way the world works
SM1, brilliant! Posts like yours are rare.
Here are some ideas:
1. Go to med school and specialize in neurosurgery. This is the highest paid specialty with the upper end being close to a million.
2. Create a business that addresses a need in society but also makes money. “Useful” can mean many things. What is a pain point that ordinary people have -can you provide a solution?
3. Create a business that addresses a need in sustainability/green living and one that can scale.
4. Become a “personality” of some sort, but one that helps people in some way. Write books/do podcasts/do speaking tours. Become popular enough and it can get you to the 1M goal.
5. Consider a life partner -if they are bringing in a good salary themselves then this closes the gap somewhat on that 1M.
6. 1M annually is usually attained from starting a successful business. Outside of company executives, there really aren’t many jobs that pay this annual base. To get to these numbers you usually have to create a business or be a celebrity of some sort. Best of luck!
1. Not happening, my grades in college weren’t good enough
2/3. These could be good options
4. I don’t consider this as being useful to society
5. I would hope that my partner can do all 3 of these things as well, but combining incomes would help
6. Looks like the C-Suite is the place to be
mood, call me when you have an answer kk
The only logical answer is starting a business.
Came to post this. It’s this or being an early employee with equity at a company with a “good” mission or impact on society.
YMMV on how closely your definition of good tracks with that of founders, though.
You can develop a profit sharing scheme with a pharma to turbo charge the sales of painkillers (which could help the society alleviate the pain of life), and get paid 1M+
Alleviate the pain of life for life.
Have you considered Deloitte?
Lol deloitte 2 perfect timing ...
HR at a VC can make $500-600K (yes I was shocked). $1M is tough for any field, let alone something more traditionally “impact driven”.
The current driver is the need to quickly reduce the covid deficit, similar to what we saw post 2008/2009. They will want to rapidly pay down debt to avoid interest. As such many are looking at unique monetization opportunities in existing real estate or services portfolios. Service delivery can be effectively moved to more citizen-centric small businesses *if* the technology backbone is there.
The challenges are pretty typical to any principal-agent situation. The decentralized entity wants to maximize their utility and the principal (government) wants to get as much as they can. So the answer is being very smart on what you reward in the contract, and how you minimize monitoring costs to do so.
Traditionally governments have rushed these decisions so the early contracts or scopes are poorly done to benefit the citizenry.
I've heard anecdotally that working at a large philanthropic foundation (e.g. gates foundation, rockefeller foundation, etc.) can pay in the 150K-250K range. Not a bad option imo.
M1, whats your educational background and what was the role?
Coach
I think you can only pick 2 of those
Seems like the classic social life, grades, & sleep triangle from high school
Impact investing, starting or working at an ESG fund where you influence the boards and executive teams of companies you have invested in. Work for a VC firm and guide startups fix problems in society. Be a senior executive at a company that has a mission you believe in. There are quite a few options.
Agree. Make your millions doing capitalism and invest it all in $VOTE
Perhaps partner in Mck’s public sector practice?
The ones the Saudi government hires?
Quit mckinsey for starts.
Open your own (3) consultancy focusing on implementing (2) solutions for large NGOs solving critical world problems (1)
Become a pro athlete
I wish
Maybe get a job with these guys? Won’t pay >$1M, but still decent and checks the other two boxes. https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/home
Coach
The executive leadership for global non profit. Look at the back end of Washingtonian magazine. They always have listings of real estate that’s been bought and sold, and there are always a few ‘presidents/CFO’s’ of non profits buying $2-4M homes in and around DC.
Check or effective altruism!
Out*
Coach
Run for Congress.
I recently exited Big 4 to med device and software sales for healthcare and life sciences. I feel to be more of a strategic advisor now as a solutions architect structuring the deal from discovery to close. It’s been liberating and fun so far! And still get to use my PMO consulting, analysis and technical skills to prepare my prospecting strategies, market segmentation and pitch delivery. Definitely find “consultative sales” more meaningful as an individual contributor, am only accountable to my quota, and get to create and influence high level discussions that ultimately help hospital providers improve workflows and reduce capital costs, to benefit patients. While on a path with no glass ceiling to making PPMD-level money as I build my book over the next years. Top Sr AE’s in my company have consistently made $500k to $1M+ earnings.
yes