On Saturday, August 20, 2016 at 4:26:37 PM UTC-4, ed wrote:
> On Saturday, August 20, 2016 at 11:26:51 AM UTC-7, Thomas E. wrote:
> > ed wrote:
> > > Thomas E. wrote:
> > > > ed wrote:
> > > > > Thomas E. wrote:
> > > > > > -hh wrote:
> > > > > > > Thomas E. wrote:
> > > > > > > > -hh wrote:
> > > > > > > > > Thomas E. wrote:
> > > > > > > > > > ed wrote:
> > > > > > > > > > > Tom wrote:
> > > > > > > > > > > >
> > > > > > > > > > > > Management wanted to cut costs at that point in time. The
> > > > > > > > > > > > entire department was abolished. They replaced us with
> > > > > > > > > > > > new hires at half the cost/head.
> > > > > > > > > > >
> > > > > > > > > > > "The entire department was abolished" and you being "replaced"
> > > > > > > > > > > with new hires does not appear to be congruent.
> > > > > > > > > >
> > > > > > > > > > It was abolished for about 2 months, then reconstituted with new hires.
> > > > > > > > >
> > > > > > > > > Translation: you & the other employees were nevertheless found
> > > > > > > > > to have been inadequate by _their_ standards.
> > > > > > > >
> > > > > > > > And....
> > > > > > > > Am I bitter? A little, ... and there was that very nice parachute.
> > > > > > >
> > > > > > > Somehow, if it was as blatant as you're suggesting it was, it is quite odd
> > > > > > > that you allowed yourself to be bought off so cheaply: your previously
> > > > > > > mentioned "very nice" golden parachute's severance was only $130K.
> > > > > > >
> > > > > > > > In my case, I was in the top 10% salary bracket of all U.S. based
> > > > > > > > mid-manager-level employees in the company, not just my division.
> > > > > > >
> > > > > > > And once again, its all about Tommy to try to find ways to brag about himself.
> > > > > > >
> > > > > > > Now since Tommy didn't provide a cite to his claim, a quick Google on
> > > > > > > on 'average salary mid level manager' (no quotes) has its first hit as:
> > > > > > >
> > > > > > > <
https://www.glassdoor.com/Salaries/mid-level-manager-salary-SRCH_KO0,17.htm>
> > > > > > >
> > > > > > > which indicates a National average salary of $65K per year, with a 10th
> > > > > > > percentile at $34K and a 90th percentile at $95K.
> > > > > > > ...
> > > > > >
> > > > > > Average since retirement $204k, and no corporate meetings and BS. :)
> > > > >
> > > > > How can it be $204k be your average if hh's numbers were about right?
> > > > >
> > > > >
https://groups.google.com/forum/#!original/comp.sys.mac.advocacy/h48mmyD0_-I/hfUdxXQR56QJ
> > > >
> > > > First of all, those average numbers are not corrected for education. A PhD
> > > > in a business field is worth more than the average in the private sector.
> > > >
> > > > Using averages reveals just how little you know.
> > >
> > > What the heck are you talking about? None of that is discussed in the post above.
> > >
> > > > The numbers are for total family income, including the wife.
> > >
> > > Ha.
Tommy had already bragged about being in the top 10% (presumably due to his
PhD), where the cite above accounted for that: "...and a 90th percentile at $95K.",
so he's trying to double-dip on that too.
> > > > I was also in a big pharma company known for it's generous pay and
> > > > bonus programs. Post retirement, my little consulting company has
> > > > netted well over $1 million in 12 years, close to $100k per year before taxes.
> > >
> > > Yeah, you sure tried to make it aound like $204k above though.
And also a slight of hand: "...close to $100K..." means just shy of, else it would
have been written "...more than $100K...", which puts an upper limit on the post
retirement consultations at $1.2M over said 12 year period.
> > > > Paying both sides of FICA and Medicare has been a bummer though
> > > > on the net income.
IIRC, combined they're ~14% of Net...and similarly, State income taxes are
deductible on the Fed, so they offset.
> > > > It helps too that between us we now get 4 retirement checks
> > > > a month - 2 private and 2 SS.
Household again.
> > > > Then there are also the RMDs that kicked in this year for me on a 401K and 2 IRAs.
Which figuratively at your "starters" age are all of $3K each ;-) In any event, if
Social Security had just started that this year too, that'll be much more significant
for the median Joe Retiree ;-)
> > > > Looking back at the spreadsheet the number came from I found that I had not
> > > > updated the divisor in the average or my current 2016 estimate. It's actually 197k.
> > > >
> > > > Finally, the 204k average includes the 2003 retirement year. I left in February,
> > > > collecting only 2 months of salary. If you exclude 2003 and the bonus the
> > > > average is 178k. Then again, my autos are lasting 5-8 years now, not 3-4! I
> > > > was driving 25-35k miles a year with the commuting back and forth.
> > > >
> > > > No brag, just facts as best I know them.
> > >
> > > IP
> >
> > Huh? I was referring to the citation of averages for mid-level managers.
>
> Why would you do that rather than refer to the hh post I linked to? ;)
>
> > Want to see redacted W2s for a couple of years?
>
> No need you've clarified already.
Indeed...which is that it is always about bringing attention back to Tommy, lest
anyone else ever get any credit where credit is due. ;-)
-hh