Job Title: Editorial Assistant
Location: New York, NY
Submitted on: 05-Jun-04
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Job Title |
Salary
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| Editorial Assistant |
I started in May 2002 at $23,000k plus medical and dental benefits with an 401k
option after 6 months. The 401k has an up to 6% company match on the 401k. It
takes you three full years of employment to become fully vested, meaning if you
leave earlier than that, you do not take the company matched funds with you.
They
have a pension plan which you are eligible for after five years of continuous,
full time service. In terms of vacation, this included 4 personal days (paid, to
be taken for religious or personal reasons) as well as 10 days vacation (on an
accrual basis from date of hire). I was given a raise at my one-year mark of 3%
of my salary. Management claimed that they were locked to a 3% raise "this year"
and that maybe "next year they'll untie our hands a little". There was no
year-end bonus except a ridiculously expensive "tchochke" that was only good for
holding paper clips (it was handmade glass from Italy?). There are no stock
options. Benefits included perks of trying out new products or appliances that
vendors sent in unsolicited. Editorial Assistants, etc are hired at an annual
salary but they are basically hourly employees, as we were required to fill out
a
written timesheet every two weeks. However, we were eligible for overtime as
approved by our managers. There was no signing bonus and no negotiation on the
starting salary or our raises; they offered the amount and if you asked for more
or to work with them, they said that is the amount they were offering and that
was it. One benefit is a fitness allowance, in which you get up to something
like
$400 a year per a gym or fitness equipment. There was also tuition reimbursement
of $5000 a year, but you had to get the courses approved by management and you
had to pay for the course yourself, complete it and THEN you were reimbursed.
Needless to say I couldn't afford extension courses at NYU on my salary (I had
to
eat and pay rent!) so I wasn't able to use that option because I couldn't pay
for
the classes up front. I got used to eating a lot of ramen noodles. I felt like I
was back in college!
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