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200 vs 220 is likely noise. The recruiter shouldn’t care about tha2, and neither should you. But £200k vs £400k is real! That’s the real span for e.g. hedge f
by tomp 2y ago
200 vs 220 is likely noise. The recruiter shouldn’t care about tha2, and neither should you.
But £200k vs £400k is real!
That’s the real span for e.g. hedge funds in London. Actually, it was a few years ago. Probably more now!
- scarface_74 2y agoYou shouldn’t care about $20K??? In 10 years invested at $20K a year that’s 370k at 10% returns (about average for the S&P 500). Thinking like that is how car manufacturers get people to pay for useless add ons. On top of that, raises are usually a percentage of current base. Would you tell someone making $20K not to worry about $40K
- killingtime74 2y agoyou've not heard of tax?
- scarface_74 2y agoIt’s called a 401K or HSA… One is free from federal and state tax up to $23K (well $30.5K for me this year - check my username) and one is free from Federal, State and FICA up to $4250 if you’re single or $8500 if married. That means I can shelter $39K from taxes. That $20K is over half the allowable amount.
- willseth 2y ago20k isn’t noise to most people in a 200k salary range.
- scarface_74 2y agoAnd with most raises being 3%-4% a year, if you don’t negotiate that in the beginning, it’s going to take 3 years to reach that amount after you start