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When did you hit 500k/annum?

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Old 18-03-2022, 08:32 PM
xin xin is offline
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Default When did you hit 500k/annum?

What's your role and industry?

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Old 18-03-2022, 09:09 PM
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how many cringe threads are u gonna keep posting and deleting?

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Old 18-03-2022, 09:26 PM
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Selling weed at home

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Old 18-03-2022, 09:32 PM
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When i sold 100 btc last year which i bought in 2014.
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Old 20-03-2022, 05:45 AM
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Quote:
Originally Posted by xin View Post
What's your role and industry?
Quality director of global MNC, age 45
Manufacturing plant pharma industry
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Old 20-03-2022, 08:22 AM
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Quote:
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Quality director of global MNC, age 45
Manufacturing plant pharma industry
why is this deserving of 500k?
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Old 20-03-2022, 03:12 PM
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onlyfans/sugarbaby, 23 years old, 600k/annum
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Old 20-03-2022, 04:01 PM
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Quote:
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why is this deserving of 500k?
why not? it's a high responsibility role of a pharma global plant
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Old 22-03-2022, 03:23 PM
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5th year PE investments. IB guys who didn’t jump over also make the same range (400+/500k) but they have a much higher base but lower bonus.

Reason is competition in the industry driving salaries up and operating leverage in being able to pay large amounts. Same manpower needed to invest or transact $500m versus $5b but the slice of profits are now 10x and split by the same number of people.

Other industries where this kind of pay happens is in SWE. Same dynamic. High competition, and 1 good coder’s work can generate 10x the output if he gets access to the computing power and is efficient.

If productivity grows, field is fierce, pay goes up.
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Old 22-03-2022, 07:54 PM
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Quote:
Originally Posted by Unregistered View Post
5th year PE investments. IB guys who didn’t jump over also make the same range (400+/500k) but they have a much higher base but lower bonus.

Reason is competition in the industry driving salaries up and operating leverage in being able to pay large amounts. Same manpower needed to invest or transact $500m versus $5b but the slice of profits are now 10x and split by the same number of people.

Other industries where this kind of pay happens is in SWE. Same dynamic. High competition, and 1 good coder’s work can generate 10x the output if he gets access to the computing power and is efficient.

If productivity grows, field is fierce, pay goes up.
What was your path to PE? Undergrad > IB > PE?
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