nothing wrong with 55K/year. i laugh at the 80-100K/year. where exactly would you be living and what is the CPI for that area? for the sake of argument let's assume they receive the amount of 100K/year, what makes you think you will not be replaced by another student for this amount in the not too distant future? what skills do you possess that make you irreplaceable? you could make that much but you will be working for it with long hours and a steady output or you will be replaced.
^ I would be living in the bay area. My previous co-op employer subsidies all living expenses, all the while making ~90k/year(co-op, fulltime get more). Labour laws make it illegal to replace someone without reason, and you make it seem like working at 100k/year requires unattainable skills. It's not a pipe dream if you're working in the right industry.
"Labour laws make it illegal to replace someone without reason" False. In most places you can be fired for any reason or no reason. (Except for your membership in protected classes or if you have a contract.)
Why the money talk honestly? I was in the business/math double degree, dropped it, and went into the trades. Working as an apprentice electrician in the local area with good prospects for the next 5-10 years. The journeymen I work with are earning $41.56/hr and are pretty much their own businesses because they get to write everything off: tools, trucks, food, etc. Because this pays hourly we get overtime which is always available for us. Job prospects are even greater out in Western Canada. I still am taking some courses from uni for personal reasons in that I would like to finish a degree as well.
Compare this to the $80K/year salary which may or may not include paid overtime... if you can find it after four years. Why do it if you don't like what you're doing?
Nothing wrong with a 55K starting salary. This is to start your career. You may have a few co-op terms under your belt which helps but does not make you viable in a market against other applicants with more real life experience. If you put forth the effort then that 55K will increase with your skills and experience. Stop being so entitled because most employers are getting sick of such applicants. Human Resources is changing.
I am making 45k on my 8 month coop term at a Big 4 branch.
You think you should be making 55k starting salary when you know absolutely nothing? C'mon, be realistic. This is why the culture at SAF is lackluster, all the students want more and more and fail to appreciate what they have.
Most UW students are unrealistic about their starting salaries it seems. You people do understand that a company gets a number of handouts from the government every time they hire a student on? It's a great way to get cheap, hard-working glorified paper pushers.
I know a couple UW engineers making $35,000 starting salaries straight out of University. They made more on co-op. Try getting someone to hire you on full-time unless you truly were the top of your league in academic studies.
$55K is actually quite good for someone with no real work experience. There are an abundance of college & university graduates right now who will probably work for cheaper than you who possess similar skills (not many skills) who will work for cheaper. Therefore, they will pay cheaper.
As a fellow AFM, I really hope that you guys stop bragging about your salaries in a public forum. This is why people think we're assholes. Seriously, it doesn't matter - just go on with your life and stop worrying about what about what other people make.
I can't believe I have to see you people in class tomorrow.
Besides, everyone knows that the Big 4 is only a means to an end.
OMGUW has no real affiliation with the University of Waterloo. This site and all affiliates are for entertainment purposes only. Disclaimer Bearzilla -- it could happen to you.