Surprising salaries.

Author
Discussion

Boshly

2,776 posts

238 months

Tuesday 16th April 2013
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z4chris99 said:
I suspect the guy who runs my site for mace is on alot more than 60k
A 'site' can be a £250k refurb or a £100m commercial build. I would suggest the variance will be £25k to £120k.

Lazygraduate

1,789 posts

163 months

Tuesday 16th April 2013
quotequote all
STW2010 said:
Lazygraduate said:
Trust me...the brightest graduates do not go and work for Aldi!
Username suggests that you may not be one of those graduates...
Damn, knew I should have set it to brightestgraduate...

dictys

913 posts

260 months

Tuesday 16th April 2013
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z4chris99 said:
1/2 years training (paid if you have a training contract)
2 years over 4 seats in the form
6 weeks qualification leave
NQ!
However, I think there is around 16 to 17k law students every year and how many get to work for the city law firms? I would say maybe a thousand tops? for example we only take on up to 30 trainees worldwide a year, then after 2 years retain maybe half that.

Most of these students end up leaving law or working for a small firm for £15 to £16k where a Partner may only be on 40-50k.

RSoovy4

35,829 posts

273 months

Tuesday 16th April 2013
quotequote all
dictys said:
z4chris99 said:
1/2 years training (paid if you have a training contract)
2 years over 4 seats in the form
6 weeks qualification leave
NQ!
However, I think there is around 16 to 17k law students every year and how many get to work for the city law firms? I would say maybe a thousand tops? for example we only take on up to 30 trainees worldwide a year, then after 2 years retain maybe half that.

Most of these students end up leaving law or working for a small firm for £15 to £16k where a Partner may only be on 40-50k.
Hell yeah, the Ivy Legaue Firms and CC/A&O/Freshies are abel to pick the best of the best.


RSoovy4

35,829 posts

273 months

Tuesday 16th April 2013
quotequote all
Lazygraduate said:
RSoovy4 said:
They can recruit the VERY brightest people by paying that. And they BEAST them.
Trust me...the brightest graduates do not go and work for Aldi!
I think you'll find that the Aldi Grad Programme is massively sought after, because

(a) you make a lot of money
(b) you get a brand new Audi and
(c) if you survive it the world is your lobster with other companies.



Gatsby

1,311 posts

238 months

Tuesday 16th April 2013
quotequote all
dictys said:
However, I think there is around 16 to 17k law students every year and how many get to work for the city law firms? I would say maybe a thousand tops? for example we only take on up to 30 trainees worldwide a year, then after 2 years retain maybe half that.

Most of these students end up leaving law or working for a small firm for £15 to £16k where a Partner may only be on 40-50k.
I don't think there are many firms that pay that low (either to the NQ or the Partners!)but for every Training Contract out there (City, Mid-Size, Regional or High Street) there are FAR too many applicants that's for sure.

dictys

913 posts

260 months

Tuesday 16th April 2013
quotequote all
Gatsby said:
.... there are FAR too many applicants that's for sure.
Yes, too true, last time I checked (a while ago) we had 3,000 applicants for 30 spots

NerveAgent

3,393 posts

222 months

Tuesday 16th April 2013
quotequote all
Gatsby said:
I don't think there are many firms that pay that low (either to the NQ or the Partners!)but for every Training Contract out there (City, Mid-Size, Regional or High Street) there are FAR too many applicants that's for sure.
There are absolutely loads that pay that low. Graduates working as Paralegals on the promise of a training contract. Only looking at low 20s when they get a contract...

Jonathan27

704 posts

166 months

Tuesday 16th April 2013
quotequote all
RSoovy4 said:
Lazygraduate said:
RSoovy4 said:
They can recruit the VERY brightest people by paying that. And they BEAST them.
Trust me...the brightest graduates do not go and work for Aldi!
I think you'll find that the Aldi Grad Programme is massively sought after, because

(a) you make a lot of money
(b) you get a brand new Audi and
(c) if you survive it the world is your lobster with other companies.
who could turn down an chance to have the world as your lobster!

z4chris99

11,377 posts

181 months

Tuesday 16th April 2013
quotequote all
RSoovy4 said:
Hell yeah, the Ivy Legaue Firms and CC/A&O/Freshies are abel to pick the best of the best.
Mates at Ashurst/mcfarlans/Slaughter/Jones Day don't do to badly for NQs

but yes, horribly competitive.

mph1977

12,467 posts

170 months

Tuesday 16th April 2013
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saleen836 said:
Spotted an advert for a paper boy/girl in a Salisbury newsagent at the weekend...£80 per 4 week month!
Had me :O as I can remember being paid £3 a week years ago when i had a paper round.
20 pounds a week

<3 pounds a round assuming morning round ( slightly more than 3 gpb / hour is there's still evening rounds ) - in my youth I did various of the rounds for my local newsagent ( you used to start as 'bank ' doing holiday etc cover - the shortest 'full' round was 20 minutes and the longest rounds were closer to an hours - there was one really short round close to the shop but that was also tied to 1 1/2 hours in the shop each morning actually making the rounds up ( and a start time technically in breach of the rules for employing 13-16s)

Gatsby

1,311 posts

238 months

Tuesday 16th April 2013
quotequote all
NerveAgent said:
There are absolutely loads that pay that low. Graduates working as Paralegals on the promise of a training contract. Only looking at low 20s when they get a contract...
Very few, if any, NQs would be on £15/16k which was the figure I was referring to because, until August 2014, the minimum salary for trainees is still in place and that's £16,650 outside of London.



Edited by Gatsby on Tuesday 16th April 18:31

Lazygraduate

1,789 posts

163 months

Tuesday 16th April 2013
quotequote all
RSoovy4 said:
Lazygraduate said:
RSoovy4 said:
They can recruit the VERY brightest people by paying that. And they BEAST them.
Trust me...the brightest graduates do not go and work for Aldi!
I think you'll find that the Aldi Grad Programme is massively sought after, because

(a) you make a lot of money
(b) you get a brand new Audi and
(c) if you survive it the world is your lobster with other companies.
Being massively sought after and having tons of applications to the Aldi graduate programme doesn't mean that the applications are good quality. With an offer of £40k, Audi, etc, every grad from Lands End to John O'Groats with a 2.1 will apply. Of course some excellent candidates will get hired, but the really good ones will already have converted their summer internships and vacation schemes and will have their pick of the banks, law firms, and consultancies because they will value long term earnings and career progression over the "40k and a car" offered by Aldi.

Of course, for graduates who want to go into retail, all of the above that you said is absolutely true and the experience will set them up for a great career. I've heard through the grape vine that the first year at Aldi as a graduate is pretty damn tough, hence the high 'burnout' rate on their programme.

I'd also argue that the first year at Slaughters, or Goldman's is most likely just as hard (if not harder) and the attrition rate is an awful lot lower there.

deeps

5,400 posts

243 months

Wednesday 17th April 2013
quotequote all
I suppose my job is "surprising" in that it's very rare, I've been doing it full time for around 4 years, the pay is very good at the end of the year but the weekly variance would put 99% of triers off.

The hours are what I choose, but I do quite a few late nights hence my late posts lol.

No qualifications are necessary, and the only tools are a computer and a good internet connection.

Wages are potentially unlimited, but to be realistic I aim to make around the same as the PM, I'm not greedy. smile


phumy

5,687 posts

239 months

Wednesday 17th April 2013
quotequote all
deeps said:
I suppose my job is "surprising" in that it's very rare, I've been doing it full time for around 4 years, the pay is very good at the end of the year but the weekly variance would put 99% of triers off.

The hours are what I choose, but I do quite a few late nights hence my late posts lol.

No qualifications are necessary, and the only tools are a computer and a good internet connection.

Wages are potentially unlimited, but to be realistic I aim to make around the same as the PM, I'm not greedy. smile
That, vaguely, is about as vague as a vague person could be, try to be a little more specific, it really doesnt hurt.

shirt

22,775 posts

203 months

Wednesday 17th April 2013
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i'd wager he's a sports gambler wink

Boshly

2,776 posts

238 months

Wednesday 17th April 2013
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shirt said:
i'd wager he's a sports gambler wink
And a full time one biggrin

dfen5

2,398 posts

214 months

Wednesday 17th April 2013
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Boshly said:
shirt said:
i'd wager he's a sports gambler wink
And a full time one biggrin
Sat next to a young chap, full time sports gambler it turned out, on a train recently. All the racing papers, pencil ticking a few 'winners'. Judging by the gold pukka Roley I'd say he was pretty good at it too. Hard not to ask for a few safe bets..

richwig83

14,359 posts

140 months

Wednesday 17th April 2013
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Musician in the west end, London. £50-£65k

GT03ROB

13,488 posts

223 months

Wednesday 17th April 2013
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torqueofthedevil said:
Construction managers are underpaid! Serious amounts of stress, conflict, aggression, generally battling with people from all directions. Often managing an uneducated, unmotivated workforce where you are responsible for the actions of others - and that responsibility can land you in prison if somebody ends up hurt.

A lot of personal risk, long hours and weekends that you are not paid for. Degree doesn't really accelerate a starting point in the career you need to build up experience and knowledge over a long time.

Very common for most of the tradesmen around you to be earning considerably more.
If you think CM's are underpaid want to try being a PM! Exactly the same issues but you are dealing with CM's, design managers, procurement managers & numerous other individuals.