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I interviewed at MediTech while I was in college. During the interview I pointed out the issue of how working on proprietary technologies would have an impact o

I interviewed at MediTech while I was in college. During the interview I pointed out the issue of how working on proprietary technologies would have an impact on my career. This along with the fact that the compensation they were offering was significantly less than what I was offered as an intern at Goldman Sachs and another company no one would know. I swear it was something insane like 36k a year in 2005. compared to 55k for GS . I asked them if it came with something to offset that like a pension or housing and they looked at me like I was crazy. I asked them to explain what they had to offer me and they made some stuff up about it being a great job with advancement potential. I think the word loyalty may have come up. I didn't get an offer not that I would have said yes. The lobby was nice as I recall. Lot's of open space, granite, and flowing water. Maybe that makes it worthwhile? Oh and you have to wear dress clothes. On 36k a year.

jacquesm 10y ago
Some poor sod that did take that offer is likely still working there.
cafard 10y ago
A co-worker's son had a couple of internship options one summer: one somewhere in the health world using Mumps--actually, I think it might have been VB plus Mumps--the other at a big finance outfit. I strongly suggested the latter. Whether or not my suggestion had any effect, he took the job at the finance place.
n00b101 10y ago
FWIW, I think GS imposes a proprietary language ("Slang") in many areas as well.
- infinite8s 10y ago
  Working with slang doesn't seem to prevent people from moving around to other top-tier banks. Having financial knowledge is much more important.
caycep 10y ago
as a long-suffering user of Meditech, I would say you dodged a bullet...it still looks like you are using MS-DOS. Shoehorned into Citrix to get it to run on modern machines...
dhekir 10y ago
Is 36k that insane? That's the average starting salary of French engineers and some PhD-level researchers from relatively well-ranked universities. 1/3 of which are compulsory taxes (not including income tax), so in the end it's about 25k of net disposable income per year.
- lovich 10y ago
  Healthcare is fairly expensive in the us and rent is fairly high in the Boston area. It's not the same time period but in 2014 I was paying 1800 a month for a 1 bedroom to be within a 15 minute walk of the second to last station on the light rail system, and it wasn't overly expensive.
- digitalzombie 10y ago
  It is insane. I started at the bottom of recession 2009 at a university for 46k. I'm sure it depends on geography and living cost but 36k is very low imo for a private company. Public companies such as public university, government, and such still pay a bit above that on top of good compensations (healthcare, vacations, etc...). This is USA of course. France in general could be different in term of tax, healthcare, etc...
- wishinghand 10y ago
  For USA salaries, that is. Junior devs average $62k in San Diego, California and would lose about 26% of that to tax, assuming they're single and without children.

jacquesm 10y ago

Some poor sod that did take that offer is likely still working there.

cafard 10y ago

A co-worker's son had a couple of internship options one summer: one somewhere in the health world using Mumps--actually, I think it might have been VB plus Mumps--the other at a big finance outfit. I strongly suggested the latter. Whether or not my suggestion had any effect, he took the job at the finance place.

n00b101 10y ago

FWIW, I think GS imposes a proprietary language ("Slang") in many areas as well.

infinite8s 10y ago
Working with slang doesn't seem to prevent people from moving around to other top-tier banks. Having financial knowledge is much more important.

caycep 10y ago

as a long-suffering user of Meditech, I would say you dodged a bullet...it still looks like you are using MS-DOS. Shoehorned into Citrix to get it to run on modern machines...

dhekir 10y ago

Is 36k that insane? That's the average starting salary of French engineers and some PhD-level researchers from relatively well-ranked universities. 1/3 of which are compulsory taxes (not including income tax), so in the end it's about 25k of net disposable income per year.

lovich 10y ago
Healthcare is fairly expensive in the us and rent is fairly high in the Boston area. It's not the same time period but in 2014 I was paying 1800 a month for a 1 bedroom to be within a 15 minute walk of the second to last station on the light rail system, and it wasn't overly expensive.
digitalzombie 10y ago
It is insane. I started at the bottom of recession 2009 at a university for 46k. I'm sure it depends on geography and living cost but 36k is very low imo for a private company. Public companies such as public university, government, and such still pay a bit above that on top of good compensations (healthcare, vacations, etc...). This is USA of course. France in general could be different in term of tax, healthcare, etc...
wishinghand 10y ago
For USA salaries, that is. Junior devs average $62k in San Diego, California and would lose about 26% of that to tax, assuming they're single and without children.