TL;DR: Electrical Eng Masters graduate recently graduated, no work experience. Been offered a job at a local SME. I like the sound of what kind of work I would be doing but the pay is much less than I have come to expect as an Electrical Engineering Masters graduate (£14,000). He was non-specific when I asked him about how my salary could increase after the first year or two. Does this sound like they are trying to take advantage of me?
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Hi there. I have a Masters degree from Leeds Uni with 1st Class hons.
So I just had a job interview in response to a speculative application I made at a local power engineering SME in the Midlands (about 20-30 employees). During the interview I was shown a few technical schematics of various high-voltage protection relay circuits and other switchgear. I was very unfamiliar with the conventions with which they drew them, with many symbols having never come up during my Masters degree at Leeds Uni - so I was unable to make much sense of them. And although I know what relays are for, I am completely unfamiliar with their inner workings. Though I graduate with high marks, I also didn't manage to get any work experience while at uni (graduate schemes are very competitive)
Besides the "what can you bring to the company", I received absolutely no generic interview type questions I expected, like: "where do you see yourself in 5 years", "describe a challenging project" or "describe how you overcame a problem or work difficult situation". It was just technical discussions of the schematics
So he seemed to have a point when he said he couldn't offer me anywhere near the "early twenties" I was hoping for. I was expecting, due to my lack of work experience and this being a small firm, for him to bring me down to 18-19,000. But instead, right off the bat he said he could only offer around 13-14 grand initially, during the first year or two with training and familiarisation with the industry - mentioning ex-employees that entered as fresh graduates then left, despite the company investing in them, after a couple of years of training for "better opportunities". After I asked what kind of salary could I expect after that, he just said it would depend on what I could bring to the company. So a lack of a clear answer concerned me.
We discussed a bit about what kind of work I would be doing, which to be honest I really liked the sound of. This is the first (possible) job offer I've ever had, so I know next to nothing about what I should be expecting. This company does the kind of electrical engineering work that I really like. And I have done some brief calculations and it seems doable for me to support myself and live fairly comfortably if I got the cheapest accommodation possible in Loughborough and commuted in from there.
But I am thinking to myself, £14000 a year is like, less than minimum wage if I work full time hours. Shouldn't I be expecting better for spending 4 years in higher education and racking up £50,000+ in student debt? His reason for paying me less made sense, but i don't know for sure. Does this sound like they are taking advantage of me? Where else can I go for advice on this, as I know TSR isn't known for its many combined years of knowledge and experience in the electrical engineering industry.