> Erik Rueter wrote: > > >5 figures a month would mean a minimum of $120K a > year, right? I thought > >that was not all that unusual at McKinsey. Now that > I know that, I guess > >I should have more sympathy for McKinsey employees > :-) > > Ye gods, but that is an obscene amount of money. > > Brings up a point of curiousity for me: what sort of > money, exactly, do > people make? I know in a vague way what my parents > gross, but since > they're running their own business that doesn't mean > much. Last I heard, > once business expenses were subtracted, we were > somewhere under 20k a > year but that still doesn't mean much... and, now > that I think of it, > isn't necessarily right either. Gah. Myself, I > thought I was doing great > when I was making £240 a week (about $350) for 60 > hours a week or so of > work... when I start working this January, > realistically, I'm going to be > paid whatever my parents can afford to pay me, but > practically I think > the going wage for a trained herdsman is 15-20k. > > Er, is that not a lot? > > Kat "Money? What's that?" Feete
Without commenting on my own salary, I would point out that between the various taxes and government-mandated deductions in my salary, I end up paying 42% to the government. That's _before_ I deduct for my 401K and things like that. I also live in Manhattan. Despite the fact that I have _4_ roommates, my rent+utilities exceeds $1300 per month. There are plenty of people at McKinsey - or any other financial/consulting firm - who make more than $120K/year (I assume - salary figures are confidential, but that isn't that much by financial world standards), but I understand quite well why they say that it doesn't go nearly as far as you might think. If you're interested in distributions, you could take a look at the CIA World Factbook, which has some info. on things that, as do the BLS, the World Bank, and things like that. Gautam __________________________________________________ Do you Yahoo!? Yahoo! Web Hosting - Let the expert host your site http://webhosting.yahoo.com _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l