What age should you expect to earn over 200K ?
The same age you turn when you get laid off.
14 replies (most recent on top)
It's not always about pay. Some perks in the company cannot be measured in dollars. Employees don't realize that until they leave and then realize that the grass on the other side is not always greener. Those making a lot of money will spend it frivolously to make up for the unhappiness in their current "high paying" jobs.
At the end of the day, just work for a good company that have long term employees. If you don't make the big bucks - no worries - just make sure to save and invest. My fondest memories and deepest friendships were at a company that did not pay much but provided a comfortable environment.
My highest paying job demanded my soul. Glad to have gotten out when I did. I still get chills thinking about it.
d-mbest question ever. It depends on your COL. In NYC and San Fran office that’s easy to do. If you’re not doing that by 35 you’re getting way too little.
I was an STSM for 5 years before breaking $200K. However, I ended up retiring from IBM earlier this year for many reasons (RAs, salary, direction, etc). I started a new job the next day making $240K. I'm almost 60 and had no problem finding a great job with better pay at a more stable and innovative company. Don't be afraid to leave IBM. There are so many great opportunities available.
I was 35 and popping $200k annually - in sales. Aside from one year at IBM when i dropped below $200k, I was able to consistently exceed the $200k bracket. So it is possible in IBM. I put it down to having the right accounts, as much as having decent product to sell. I considered myself fortunate since many of my peers were not. I was also aware that there was more money to be made and more fun outside of IBM
I got there at 40. A lot of sales people got there in one off years where they blew the numbers up. To sustain this you have to get your salary up and need to be in HQ for visibility. Staying in the field did not do it for me. The raises in HQ were much bigger than being in the field. Take a WW position if you can.
And to think some GTS schnooks are still doing the 40k shuffle.
Boy did your FLM fist you hard lol
How are those checkpoint goals looking? I could think of a goal for you.
Another HR poll fishing for information, why else would this question be posted on a layoff discussion board?
@IBM 40
@Google 26
One shouldn't aim to have a higher compensation at ibm either, if they want to stay longer because ibm axes based on salary during layoffs.
So one day you might be riding high thinking you're making more than your colleagues and then suddenly you won't have a job next day. Ibm sometimes deliberately does these tricks and hire back at lower salary.
IBM Comp is less than the industry average unless you are in the consulting business. Even at that level, the other top five comp plans are more lucrative.
I agree that at IBM this is unlikely to be ever. Unless you are in upper management or sales or similar where you might get variable commissions based on deals. When I left I was nowhere near 200K in total comp and I had been there 20 years. A lot of folks I worked with were below 100K total and they had been there well over a decade.
No one comes or stays at IBM to get rich. That is for sure.
At ibm, probably never.
At other tech companies in usa: at faang one can start at 200k, otherwise anytime from 3-5yoe depending on cost of living.
30
I’m assuming 8% of place in here