FundRobot » Investment Banking » Am I lucky to have a white collar salaried job in this economy?

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Old   #1 (permalink)
 
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Default am i lucky to have a white collar salaried job in this economy

Hey everyone



I am currently working at a Fortune 500 company in Corporate Finance. For those of you familiar with finance it's a pretty cut throat industry and a lot of you may know that on the "finance hierarchy" that corporate finance is on the lower side of the totem pole with investment banking and consulting on the top and a lot of times I give myself a hard time because I never broke into those glorified industries particularly.

Recently I have got the chance to talk to some people that have been having tough times finding jobs since the market is still pretty bad for jobs and it got me thinking am I taking the position I am in for granted in the economy today, especially since I have been giving myself a tough time about not getting into the ultra-challenging/high paying roles like Invesment bankers or consultants?
Addition: Just curious is the job market still as bad as some of the people that have told me?
Sarah69 is offline   Reply With Quote
Old   #2 (permalink)
 
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Default am i lucky to have a white collar salaried job in this economy

There are people who struggle to makes ends meet even in a robust economy. There are people with so much money that they get on lists. There are those that own multiple estates, and those that have trouble paying rent on a shared apartment in the slums.

The current economy is still recovering. If you went to college, interviewed well, and obtained a respectable career, congratulations. Note that you should be building up some kind of savings in case times get tough.
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Old   #3 (permalink)
 
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Default am i lucky to have a white collar salaried job in this economy

I think it is a clear divide between those who are doing great and those who can't get a entry level job. I sailed through the recession with the same old job, profitable company, got raises and bonuses, retired now. I met a guy who may never land a good job he has been out of work for a very long time, he is homeless. He seems decent with good skills but probably doesn't interview well. He does mechanical things so he offered to work for me at my house. He has redone my entire yard, repaired some equipment and will now pressure wash and paint my house then my mom's house. He is a good worker but lacks something to land work. He stays in homeless shelters and has no car and some wacky ideas he may talk about too much. He is overweight and dresses poorly but I think a company could use him if he talked them into it. Too bad he blames all his issues on the 1% like they caused them so he is helpless.

From view of the easily employed it is hard to remember sometimes how lucky we are to be born smart and hard working and with a little good luck, like you need two out of three.
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Old   #4 (permalink)
 
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Default am i lucky to have a white collar salaried job in this economy

Broadcasting how rough your life is I am sure is winning you a lot of votes right now.

How well off you are in my opinion, is pretty relative. Am I better off financially than pretty much all of my friends? Yes, by quite a bit. However, I am 100% certain that doesn't correlate to who has a better life. My wife and I are boring people. She is has her doctorate and I am an engineer, we don't have children, and don't have debt. So basically we roll in cash, but really have nothing to spend it on, and spend our time watching the TV. It is sad really.

Where there are plenty of other people who are struggling financially who live life to its fullest and go out enjoying themselves all the time.

Long story short? Be happy for what you have, and don't let money be the determination if you should be happy or not. While money can buy you nice things, it can't always buy you happiness.
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Old   #5 (permalink)
 
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Default am i lucky to have a white collar salaried job in this economy

the job market is brutal, the lower end of the totem pole gets re-evauluated regularly and the heirarchy is replaced by cheaper newer talent.
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Old   #6 (permalink)
 
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Default am i lucky to have a white collar salaried job in this economy

I mean, if you don't appreciate it as much, you could always quit and give the position to someone who is in need of a job.
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