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I know two things in life: i am my mother's son, and that i should never get into an internet debate with sakky, but here it is:
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<p>Ha! And then you proceed to do just that. </p>
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My two sentences do not contradict, and I don't really know where you got that idea from. My only explanation for why you would think they contradict is that you think a job's salary is the only factor in making career decisions. People's priorities change all the time. What they think is important in their 20s may be less important in their 30s. Is 40 hours a week MORE in IB worth the extra salary potential? to me it is.</p>
<p>But, it's not hard to see why someone in their 30s with an established home life and young children, would want the less hours and less stress of most engineering jobs.--> Which pays for, with all things considered, a comfortable upper middle class lifestyle. I'm sure you would agree with me that MONEY IS NOT THE SINGLE MOST IMPORTANT THING IN LIFE.
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<p>I have never said that money was the single most important thing in life. </p>
<p>But I would simply state 2 points. #1, many (probably most) jobs, including engineering jobs, aren't really that fulfilling. I know a bunch of software developers who work for online advertising firms, and hence are basically trying to figure out new, annoying ways to spam you. How fulfilling is that? But they do get paid well. </p>
<p>I agree with electrifice here - most people just view a job as a way to get paid so they can feed their family. The guy who just came to wash the bathrooms in my office - do you think he really gains "fulfillment" doing that? It's just a job that pays the bills. </p>
<p>Nor is it really so easy for him, or most people, to simply change jobs to something that they do find fulfilling, as I would argue that most people don't really have the luxury of finding a job that they actually truly find fulfilling. Let's be honest - most jobs are mundane. Walmart is by far the largest employer in the country, but do we really believe that most of its employees find that job fulfilling? Or take engineering jobs. There's a reason that comic strips like Dilbert are popular - because people understand that it largely speaks the truth about how it is to work at many (probably most) engineering jobs. {Heck, I've had several jobs that were exactly described by certain Dilbert episodes.} </p>
<p>Secondly, speaking about people in their 30's and 40's, I agree that most of them don't want the low quality of life of an Ibanking job, and certainly not an entry-level one. That's why Ibanking jobs get more enjoyable as you move up. As you move up to the VP and then director ranks, you tend to work less and you certainly have more control of your working hours, because you will have the power to farm out the grunt work to your underlings. Ibankers who don't get promoted to VP and above will look forward to a nice cushy job in corporate finance where they will get paid less (but still far more than engineers), and enjoy a far higher quality of life. </p>
<p>In other words, yes, the Ibankers have a high stress job that requires very long hours, but only in the beginning. Few of them will still be feeling that pain in their 30's or 40's. After a few years of doing that, most of them will move on to a far more comfortable job. Those admittedly harsh Ibanking entry-level jobs are gateways to better things. </p>
<p>Besides, I can think of engineering jobs that are also extremely harsh. I've known engineers at General Electric who were tagged on the 'fast track', which offered them fast opportunities for promotion, but also required working 80+ hours a week. I've heard Microsoft engineers joking that the company offered "flextime", meaning that you could work any 14 hours of the day that you wanted. Electronic Arts actually was infamously sued for having its developers work 70-90 hours a week without overtime. These guys were simply getting screwed over, for not only were they working Ibanking hours, they weren't even getting Ibanking pay, and that's just sad. If you're going to be working those kinds of hours, you better be getting paid very well.</p>