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Topic Name: Analyst to Consultant promotion
Message Name: His figures...
Date Posted: 02/28/2006
In Reply To: Let's do some math... Accoding to current rates, it seems that 1 GBP = 1.75034 USD So lets take that rate, and look at the exhange rates of your quoted UK salaries... Year 1 - ??28.5k = $49.9k Year 2 - ??32.5k = $56.9k Year 3 - ??42.5k = $74.4k I am from a moderately expensive US city, but not NYC or SF. Talking to some of the new analysts here, the average salary they are getting offered is 45K, I haven't heard any above 47k. So that initial number is a little high in comparison. Now, I myself have been here three years, I am a consultant, and I have had good reviews every year, but I am not making more than the second year conversion quoted above! I am a third year, and via that conversion above, I should be making about 20k more, but I certainly am not! Your first year assumption is a little high, but your third year assumption is way off.
Message: ...are reasonably accurate for the UK. You are right in that they do not tell the whole story though, as the costs of living are very different in he US and the UK. Elgon

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