Is 24k a decent starting salary?

Not everybody wants to do IB or consulting.

lol at people saying 24k is ok. deluded site.

24K outside of London is ok for a starting salary, key word being starting. You're hopelessly deluded if you think a corporation values a newbie, young kid just out of university with little experience at anything more than 30K unless they're bonkers mad. Once you're in the workplace and becoming skilled and earning new positions, then the pay should increase. The number of students who turn down jobs with those starting salaries because they're expecting to be high earning, high flying managers upon graduation astounds me.

Listen up kids. IT'S A STARTING SALARY. You should never expect the earth for a starting salary(unless you're one of those rare few IB types but then again they suffer with the time commitment of up to 100 hours a week so its not that great really). If you're in the 20-30K for the starting position, you're already better than 70% of the country. The main thing you should be looking to get out of that first job is a, the experience and b, references. If you do a good job and prove yourself to be an asset, you'll be rewarded dually for it.

are you calling me deluded or generally most people? i have summer offers, most people dont. and im expecting at minimum 32ish k.

when i said ok, i meant deluded site in that 24k is excellent for most peoples expectations, not bad.

24k is a great starting wage especially if you live in the midlands or up north. I wouldn't live down South on 24k though unless I was confident it would increase substantially in a short amount of time.

It's all relative. £24k is good, especially if you're living at home. People shouldn't be so quick to label those who expect more than that as deluded though.

I personally would expect in the region of 40-45k, based on the profession that I'm entering.

It's all relative. £24k is good, especially if you're living at home. People shouldn't be so quick to label those who expect more than that as deluded though.

I personally would expect in the region of 40-45k, based on the profession that I'm entering.

Jesus, what profession is that, gold hunting?

It's all relative. £24k is good, especially if you're living at home. People shouldn't be so quick to label those who expect more than that as deluded though.

I personally would expect in the region of 40-45k, based on the profession that I'm entering.

I think a big part of the problem is that those who get a great starting salary; boast about it. Those who don't; don't boast about it.

So the only people who end up talking about their starting salaries are those who get good ones and it gives a very distorted view of what people can expect.

apart formm finance, law pays that easily.

dont really think so, havent heard one person discuss their ib salary to me tbh.

Jesus, what profession is that, gold hunting?

What profession would that be and what is the employment market for it like. My advice is to temper your expectations with the starting salary. If a company offered you 30K instead of 45K but nobody else was responding to your applications, take the offer. The employment market is an all around mess. If an opportunity arises, snap at it because you may not get another. If you take the lower offer, it doesn't matter because you're on the ladder and you can start to make connections and get experience, allowing you to break from the graduate catch 22 thing with employers demanding "X" number of years of experience.

It's crazy just how out in front Investment Banking is in terms of salary, it really is.

Its really not given how few get into it and how many people get left on the scrap heap. Add the extreme hours, boring work and high suicide rates in the financial world as well as worsening job security in the financial sector