Friday, August 21, 2009

I just graduated college with an accounting degree. I got a salary offer of 28K per year


I just graduated college with an accounting degree. I got a salary offer of 28K per year?
How many years will it take me to make as much as a 16 year old kid working at a fast food restaurant in Luxembourg?
Investing - 6 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Worry less about dollars and more about how it compares to cost of living in your area. If this is a standard entry level pay for your area (it would be for most of the midwest) then you should be fine with it. I suspect it would be lower than average for a job in San Fran or New York though, so keep looking if that is the case. As for the kid in Luxembourg working at McD's, let him worry about his own cost of living and his dead end job with no opportunities.
2 :
Go back to college, join a union or start your own business. The later is what I did after many years as a mechanic, which by the way started at 37k per yr and when I quit I was at 93k per yr. Something is wrong when a college grad can't make at least starting trade wages. Anyway I started my own business about 5 years ago I make a little more than I did 124k approx a lot more headache and time involved but it is mine and nobody tells me what to do. So go for it do something you like.
3 :
Starting pay for a freshly graduated accountant with the federal government is $35,752 minimum going to $52,912 in two years. You will beat the Luxemburger a lot faster if you look for a better offer.
4 :
In accounting the entry level jobs pay squat. Always have, always will. Does this job offer you training/experience in the areas you want to specialize in? To be a CPA/CMA you have to be in public, work 80 hours a week and put in your time. No way around it. Just consider the next couple years a continuing part of your college. But instead of your paying out of pocket, you get a check.Then after 2-3 years you can start getting better gigs and better money. Well, if the economy isn't so shot that none of us can get better jobs. $28k for no experience isn't bad. Trust me. If you smartly follow a plan, you will do great with an accounting degree eventually. And consider yourself lucky, many of your fellow grads probably haven't found anything yet.
5 :
How much could YOU make at a fast food restaurant in Luxembourg? Why not try? Didn't you check around about salary levels when you were in college?
6 :
28K and u are complaining? that's better than most newbie college grads