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18-03-2022, 08:32 PM
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Verified Member
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Join Date: Jan 2021
Posts: 21
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When did you hit 500k/annum?
What's your role and industry?
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18-03-2022, 09:26 PM
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Selling weed at home
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20-03-2022, 05:45 AM
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Quote:
Originally Posted by xin
What's your role and industry?
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Quality director of global MNC, age 45
Manufacturing plant pharma industry
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20-03-2022, 08:22 AM
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Quote:
Originally Posted by Unregistered
Quality director of global MNC, age 45
Manufacturing plant pharma industry
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why is this deserving of 500k?
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20-03-2022, 03:12 PM
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onlyfans/sugarbaby, 23 years old, 600k/annum
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20-03-2022, 04:01 PM
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Quote:
Originally Posted by Unregistered
why is this deserving of 500k?
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why not? it's a high responsibility role of a pharma global plant
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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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22-03-2022, 07:54 PM
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Quote:
Originally Posted by Unregistered
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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What was your path to PE? Undergrad > IB > PE?
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