Recent Salary Article!
Recent Salary Article!
(OP)
Wow!
http://www .nytimes.c om/2007/09 /01/busine ss/01banke rs.html?hp
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Pay at Investment Banks Eclipses All Private Jobs
Investment banking paid an average weekly wage of $8,367, compared with $841 for all private sector jobs, the Bureau of Labor Statistics said in a routine report issued Thursday.
The report also showed how far ahead hedge fund managers are of other investment bankers in making money.
In Fairfield County, Conn., home to many hedge funds, the average pay was $23,846 a week. In Manhattan, with a much broader mix of investment banking firms and seven times the number of employees, pay was much less, averaging $16,849 a week in the first quarter of 2006.
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Gee Whiz, how many engineers are smarter than investment bankers???!!!
http://www
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Pay at Investment Banks Eclipses All Private Jobs
Investment banking paid an average weekly wage of $8,367, compared with $841 for all private sector jobs, the Bureau of Labor Statistics said in a routine report issued Thursday.
The report also showed how far ahead hedge fund managers are of other investment bankers in making money.
In Fairfield County, Conn., home to many hedge funds, the average pay was $23,846 a week. In Manhattan, with a much broader mix of investment banking firms and seven times the number of employees, pay was much less, averaging $16,849 a week in the first quarter of 2006.
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Gee Whiz, how many engineers are smarter than investment bankers???!!!





RE: Recent Salary Article!
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Sometimes I wake up Grumpy.
Other times I just let her sleep!
RE: Recent Salary Article!
RE: Recent Salary Article!
Tobalcane
"If you avoid failure, you also avoid success."
RE: Recent Salary Article!
If engineers don't design a system correctly, we can cost our clients thousands of dollars (or more) per hour in lost productivity .
Some days we may think we're the smartest engineer we know, other days (hopefully fewer!) we might wonder how we missed that calculation or made that mistake.
When a system isn't running as specified, we get calls and emails at all hours of the day or night.
Its a tough life.
--
Erik
MO P.E.
RE: Recent Salary Article!
It is other peoples money anyway!
csd
RE: Recent Salary Article!
Hg
Eng-Tips policies: FAQ731-376: Eng-Tips.com Forum Policies
RE: Recent Salary Article!
Just because we know we could do it doesnt mean that someone would give us the job.
Unfortunately you need a relevant degree to convince them you are capable of doing it. And I dont want to go back to Uni.
csd
RE: Recent Salary Article!
He was still referred to as a merchant banker because of what it rhymed with!
KENAT, probably the least qualified checker you'll ever meet...