What's your job & salary

I remember a mod who posted above telling me I was wrong about the intel salaries even though I work there and was on that amount along with many others. I see now he's an engineer in the pharmaceutical industry.

Anyway I'll update the intel salaries for technicians.

Start 60k all in

8 years of decent pay rises based on performance 90-110 all in

Base pay

Shift pay 30% of base pay

Built in overtime. Contract says normal week is 37hours. 1 week you do 3x12hours 20 minutes shifts which is 37 hours the other you do 4x 12hours 20 minutes shifts which is 49hours 20 minutes. It's a standard shift pattern which gives built in overtime.

4x quarterly profit bonus

1x yearly bonus

Potential 4 x factory excellence bonus

Healthcare

Restricted stock units.

SPP (stock purchase plan)

Recognition reward card

Using that line of argument no amount is enough 😏. My point still stands - how does a fund of €1m translate to only 20k per year when you could do nothing with it and draw down 30k pa for 33 years?

Engineer

Best description be client side construction

90k ish

But that does include car allowances etc.

That's a strong salary for construction. Without giving anything personal away, care to elaborate on your role / responsibilities / experience?

Interesting! I've never encountered a lawyer without a degree before. The FE1s are very difficult exams though, I could barely pass them and I have 3 degrees.

Absolutely! It's great that they've gotten rid of the minimum 3-pass rule for people beginning the exams. I think the plan is for FE1s to be abolished altogether down the line for law graduates, not sure how that would work for people without a degree but like everything there will be exceptions to the general rule.

They're an unnecessary barrier to the profession in my opinion but I do feel like they were a nice refresher in terms of content we wouldn't have revised since 1st year in college. In terms of whether it was all worth it, ask me in 10 years lol.

As someone only starting their career now, I will be working under the assumption that there will be no state pension when I retire. Seeing every pension calculator factor the 8k state pension in is concerning. A lot can change in the next 45 years and I for one will not be dependent on the Government or under any assumptions, with skewing demographics and a massive funding gap it seems a stupid risk to assume anyone will look after you but yourself.

In my eyes that's worth giving up the €222,000, as you put it. Starting early is half the battle. I might also add that the average pension here is around 100k, frighteningly low. I think more people need to look out for their own best interest and that involves a solid pension.

After all of that, if the state pension is there it's a cherry on top.

What would you think of an average LC student who does the preliminary exams and then one of the FE1s per sitting while working in a basic part-time job? Plausible? I have no idea so that is why I'm asking you.

They'd miss out on the college experience but their costs would be much less. And they'd be passing their final exam (hopefully) when their LC classmate with the 4-year LLB is doing their first sitting.

In theory it could be possible but that person would essentially be betting their future on their ability to pass the preliminary exams and the FE1s. Also, it would probably take longer than 4 years as an average LC student would unlikely be able to pass an FE1 exam off the bat imo. You could probably add on at least two more sittings. NUIG, NUIM and UCC each have 3 year law degrees which would likely be the more optimal choice for someone hoping to pursue a career in law.

The big firms require applicants to have a minimum of a 2.1 degree but I'm sure there would be boutique solicitor practices that wouldn't be too fussed.