Good Salary?

donaleire

Is 34k for someone with a history degree, law degree and masters in law a terrible salary. aged 27 and two years experience in regulatory analyst role?

wally1990

donaleire wrote: »

Is 34k for someone with a history degree, law degree and masters in law a terrible salary. aged 27 and two years experience in regulatory analyst role?

I cannot answer your question however my advice would be if you can’t get solid info is to ring different recruitment agencies out there and get their professional opinion

Recruiters can advise the going rates depending on experience etc and will be the best people to give you the answer you are looking for

You can use google and find the median salary in Ireland based on info from different sources or get an opinion from someone on boards maybe in the same position in comparison to their salary

I’d personay pick up the phone and see what else the market offers and get a good slash range Incase you are thinking of leaving or asking for a raise

TallGlass

donaleire wrote: »

Is 34k for someone with a history degree, law degree and masters in law a terrible salary. aged 27 and two years experience in regulatory analyst role?

You can buy a can of coke for 1€ in some shops and 5€ in another shop, you are worth what you sell yourself for. If you think your worth more then look for more.

MattressRick

TallGlass wrote: »

You can buy a can of coke for 1€ in some shops and 5€ in another shop, you are worth what you sell yourself for. If you think your worth more then look for more.

What nonsense. No job has unlimited salary based on how you "sell" yourself. There's a salary range for every job due to budgets in departments, and based on experience and suitability you'd get the max or min or whatever. If the OPs new job has a max expected salary of 34k how can he "sell" himself to them for say 50k?

Geuze

donaleire wrote: »

Is 34k for someone with a history degree, law degree and masters in law a terrible salary. aged 27 and two years experience in regulatory analyst role?

No, it's not a terrible salary.

It's reasonable.

shenron

It is a reasonable salary but depends on your lifestyle.

mitresize5

34K is good money for any job that the candidate has only 2 years experience in.

GarIT

Also depends on location, if it's outside of Dublin that would leave you with twice as much disposable income as within Dublin.

I considered taking €32K overlooking the sea on the west coast over €40k in Dublin1 and I'm from Dublin.

Yearly rent from a similar sized house in the two places was €15k in Dublin compared to €6k out in the west, and it would mean commuting an hour in traffic each way in Dublin instead of 10 mins each way on a 80km/h no traffic road if I move out west.

jimmycrackcorm

donaleire wrote:

Is 34k for someone with a history degree, law degree and masters in law a terrible salary. aged 27 and two years experience in regulatory analyst role?

So the history degree is useless then. Sounds reasonable.

s7ryf3925pivug

34k in Dublin sounds like a commitment to living in small flats and having no kids, or commuting unreasonable distances.

Maglight

Salary for a Compliance Officer with a Financial Institution ranges from about €32k to €55k pa. €34k for two years experience seems about right.

TallGlass

MattressRick wrote: »

What nonsense. No job has unlimited salary based on how you "sell" yourself. There's a salary range for every job due to budgets in departments, and based on experience and suitability you'd get the max or min or whatever. If the OPs new job has a max expected salary of 34k how can he "sell" himself to them for say 50k?

Sorry, but where once did I say the salary was unlimited???

You sell yourself, if you think your worth more than 34k then go for it.

Max expected doesn't mean a company won't pay more than the max.

Hardly non sense, the role I am in the salary ranges from 19k to 75k depending on where you look for a role.

As for how he can sell himself to get 50k, that's for him to look into isn't it.

Have a little faith in your abilities and try for more than your worth is all I am saying.

No need to call my post 'nonsense'.

ThumbTaxed

Degrees are nothing anymore. May get you a job but not more pay

lau1247

not sure how relevant, might be useful as a starting point though the BOI reference is for senior position

https://www.glassdoor.co.uk/Salaries/dublin-regulatory-analyst-salary-SRCH_IL.0,6_IM1052_KO7,25.htm

no.8

ThumbTaxed wrote:

Degrees are nothing anymore. May get you a job but not more pay

Yes. Wonderful advice and factual...really accurate... But actually B****x

pauliebdub

ThumbTaxed wrote: »

Degrees are nothing anymore. May get you a job but not more pay

It really depends on the degree, a technical discipline is obviously very valuable but an arts degree less so. I couldn't see what use a history degree would be to anyone who didn't want to get into teaching.

Paul_Mc1988

pauliebdub wrote:

It really depends on the degree, a technical discipline is obviously very valuable but an arts degree less so. I couldn't see what use a history degree would be to anyone who didn't want to get into teaching.

Nail on the head. Arts degrees are useless unless you persue teaching or a masters. Even then the masters has to be in something in demand. Out of the 25 people i completed an ordinary eng degree with 3 years ago, 18 of us didnt persue the extra year for the honours degree. All 18 are on 50k+ and a small few 70k+. Degrees are only worth persuing if there is a good demand for the graduates that will offer a good and fair wage.

MattressRick

MattressRick wrote: »

What nonsense. No job has unlimited salary based on how you "sell" yourself. There's a salary range for every job due to budgets in departments, and based on experience and suitability you'd get the max or min or whatever. If the OPs new job has a max expected salary of 34k how can he "sell" himself to them for say 50k?

You "sell" yourself to someone else then. If you're not happy with your salary then moving jobs is probably the easiest way to improve it. Complaining on the internet won't get you anywhere, and telling him the notion of improving his lot is "nonsense" is spectacularly unhelpful.

Icepick

Maleah Ambitious Wile wrote: »

34k in Dublin sounds like a commitment to living in small flats and having no kids, or commuting unreasonable distances.

which at 27 is perfect

KaneToad

Paul_Mc1988 wrote: »

Nail on the head. Arts degrees are useless unless you persue teaching or a masters...

....I completed an ordinary eng degree with 3 years ago...

I wouldn't agree with your first point at all.

Stab in the dark, do you think an Engineering Degree is "more difficult" than an Arts degree?

srsly78

KaneToad wrote: »

I wouldn't agree with your first point at all.

Stab in the dark, do you think an Engineering Degree is "more difficult" than an Arts degree?

And to muddy the waters further, how about a BA in engineering?

Paul_Mc1988

KaneToad wrote:

Stab in the dark, do you think an Engineering Degree is "more difficult" than an Arts degree?

srsly78 wrote:

And to muddy the waters further, how about a BA in engineering?

Engineering degrees come in two forms in ireland those that are recognised and those that are not. For a degree to be recognised it has to be assessed by engineers Ireland and accredited. Once this happens it get the status of B.eng. others that are not get the status of BA or B.sc. In order to be become a chartered engineer C.eng your degree must be recognised. So that answers the muddy waters part.

On the other point i could not say as iv done one and not the other and therfore my opinion would be completely biased.

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Maleah Ambitious Wile

Maleah Ambitious Wile wrote: »

34k in Dublin sounds like a commitment to living in small flats and having no kids, or commuting unreasonable distances.

I just don’t understand these regular responses on boards.ie

In my experience everything you have stated is complete BS

markjack98

Trinity gives a BA in Engineering. AFAIK it's a historical thing with Cambridge and Oxford. Could be wrong though.

Nermal

KaneToad wrote: »

Stab in the dark, do you think an Engineering Degree is "more difficult" than an Arts degree?

A degree can be as difficult as you make it. But you can bull**** your way through the humanities, not so with calculus.

The average engineering student would have a higher IQ than the average arts student.

Paul_Mc1988

It tallaght had an honours degree in energy and environmental engineering and for the past 6 years it has been a B.sc until this year when it got its accreditation from engineers Ireland at which time the degree was allowed to be re-classified as a B.eng honours. While some collages dont keep up with there accreditation if you track back you'll find that at some time it was accredited.

Trinity and UCD are probably outliers due to a historical reason. In UCD when you recieve a PhD for engineering its recieved as a doctorate of philosophy in engineering which is also a historical thing.

srsly78

markjack98 wrote: »

Trinity gives a BA in Engineering. AFAIK it's a historical thing with Cambridge and Oxford. Could be wrong though.

You are right. Also they offer BA in Comp Sci and Physics etc. Good luck explaining this to NUI grads tho - those guys are too busy doing 'collages'.

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Martina1991

donaleire wrote:

Is 34k for someone with a history degree, law degree and masters in law a terrible salary. aged 27 and two years experience in regulatory analyst role?

Like some here have said it depends where you live to determine if it's good for you.

34k with 2 years experience is pretty decent as a salery I think.

Eire Go Brach

Degrees will get you the desired job. Experience will get you more money.
It’s a good wage for your experience. Well done. Keep doing what your doing.

Pelvis

Two degrees and a masters @ 27 means you likely don't have much work experience outside part time work while in college. So in that sense 34k is decent.

OP, the question you need to concern yourself with is what is your boss earning? What's his/her boss earning?

fungie

Paul_Mc1988 wrote: »

Out of the 25 people i completed an ordinary eng degree with 3 years ago, 18 of us didnt persue the extra year for the honours degree.

A level 7 degree in Eng means you aren't a 'real' engineer though, very short sighted move not to stay on and get degree and masters etc. You've essentially short changed yourself as you would earn a lot more in the long term.

Paul_Mc1988 wrote: »

Degrees are only worth persuing if there is a good demand for the graduates that will offer a good and fair wage.

Not really true, you should study what you enjoy. The best people from each subject/field will usually rise and do well in that field.

Zascar

I'd say no - for someone with your qualifications your potential is massive and you have a long way to go - but as others have said you are only starting out so don't worry - but maybe start making moves now to make more, now that you have some experience. I don't know much about your industry but have you checked around at what other jobs are paying? Looks on Linkedin and the other job sites for similar roles or a step up. What type of analyst are you? You say you have a masters in law, but why are you an analyist - is it in the legal area or other? What industry and for what type of company? I know Analysts in my company make 60k but its totally different. Look at the Brightwater salary survey for some guidance: https://www.brightwater.ie/surveys/salary-survey

You could get your cv going and send it to a few agencies etc and see what they market is offering. Don't tell them your current salary as they'll low ball you. Get the feelers out - you never know you could get a huge increase if you are right for the job.

donaleire

Thanks for the advice,

I'm aware it's not a terrible salary. However, I wish id ignored the advice of parents and teachers and became a plumber or electrician instead!! Although the salary is not terrible the cost of living is out of control without doubt, which is sadly driving many young people like myself abroad!