a job in computing
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If you are looking to earn a lot of money while you are young then have you thought about retail management? Yes... honestly, retail!
The big supermarket chains take people straight out of uni as section managers for 22k, which isn't bad to begin with. The beauty is how quickly you can, and will progress... Well as long as you are relatively acute and prepared to put some effort in.
You can expect senior team level within 1 year which would put you up to 30k+. Then onto store management level which is where the fun begins. The store managers of the smallest Tesco superstores earn 65k basic, with company car, profit sharing and huge bonuses. As you move on to larger and more complex stores your pay goes up accordingly.
I know of a number of store managers who went this route, got their first store at around 25 and were taking home six figure salaries by the time they were 26/27, which is pretty good going to be honest. These young store managers will at some point move onto regional work, providing they are good. They can expect to bring in around 200k basic and then of course ridiculous bonuses on top of that.
My mother is a Tesco store manager and last year including her bonuses and profit sharing, she took home a little shy of £160k
It's certainly not for everyone, but just something to bear in mind. There is a lot of money to be made very quickly in retail these days. The times are long gone when it used to be a job that people did because they couldn't do anything else. Tesco has shot in to power by employing good people and to attract good people you have to pay well.
If you love the ins and outs of business and working with people, give it a thought.
The big supermarket chains take people straight out of uni as section managers for 22k, which isn't bad to begin with. The beauty is how quickly you can, and will progress... Well as long as you are relatively acute and prepared to put some effort in.
You can expect senior team level within 1 year which would put you up to 30k+. Then onto store management level which is where the fun begins. The store managers of the smallest Tesco superstores earn 65k basic, with company car, profit sharing and huge bonuses. As you move on to larger and more complex stores your pay goes up accordingly.
I know of a number of store managers who went this route, got their first store at around 25 and were taking home six figure salaries by the time they were 26/27, which is pretty good going to be honest. These young store managers will at some point move onto regional work, providing they are good. They can expect to bring in around 200k basic and then of course ridiculous bonuses on top of that.
My mother is a Tesco store manager and last year including her bonuses and profit sharing, she took home a little shy of £160k
It's certainly not for everyone, but just something to bear in mind. There is a lot of money to be made very quickly in retail these days. The times are long gone when it used to be a job that people did because they couldn't do anything else. Tesco has shot in to power by employing good people and to attract good people you have to pay well.
If you love the ins and outs of business and working with people, give it a thought.
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Soldato
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how do apply to be a section manager
Help! I was about to apply for a course in applied computing. Should I change my mind? I'm starting to worry after reading this. I thought it would be an interesting course but is it in fact not?, or are you talking about hardware side?
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As gordyR says supermarket managers is very lucrative. My mate started this summer. Very well paid. But extremely hard work and long hours. However if all goes well she will be a store manager within a few years. They sure put a lot of effort and money training you u, so they want you to stay and rise through the ranks.
Wow, i had no idea salaries in retail scaled like that. Almost makes me wonder how this has gone so unnoticed by so many people. Certainly makes slaving away at an IT desk for £35k look rather pathetic
Wow, i had no idea salaries in retail scaled like that. Almost makes me wonder how this has gone so unnoticed by so many people. Certainly makes slaving away at an IT desk for £35k look rather pathetic
Indeed mate, it's incredible how few people realise what can be earned in retail these days. I suppose it's the stigma attached to the industry. Most peoples experience of retail is being a part timer while studying at uni. Therefore when they think of retail they think of shelf stackers on little more than minimum wage.
Store managers really do run their own businesses these days. Managing budgets, shrink, waste, productivity and of course people. The pressure is intense and the work is never easy, but nowadays they certainly get paid for it.
Stay away from computing (I'm doing a degree in it so I have some idea of what I'm talking about), I've also done a lot of research on the job prospects and it's not good. Only at the very top consultant level is the pay good and you need to work many years to get there on crappy wage jobs where you will be doing overtime on badly managed projects.
Definitely go for the mechanics route, it's higher pay and it's much more in demand. The labour market for IT is saturated because of outsourcing to India.
Definitely go for the mechanics route, it's higher pay and it's much more in demand. The labour market for IT is saturated because of outsourcing to India.
What course are you doing, computer science?
Associate
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Supermarket graduate schemes are awsome, all well paid and a crap load of benefits
Rubbish.
If you do, either you aren't trying hard enough, or you didn't do enough work at uni. Get a good degree, and there are good IT positions for grads.
I think it depends on your definition of good. I wouldnt consider the salaries ive seen at anything below top level to be very good for the amount of work involved. Most of the positions ive seen are ~£30k tops, and i live in the thames valley. When salaried out and taxed that doesnt leave you with much, and while scope to progress is there, the scope for a huge salary isnt unless you really shine.
My housemate left Uni last year and is a Technical Consultant for Oracle.
Now I have read the comments on the consultant definition and I would say he was a consultant as he works at client sites. The IT industry moves so fast that people tend to become specialised very quickly anyway
Pay and benefit seem ok with a big ladder of promotions to climb.
Now I have read the comments on the consultant definition and I would say he was a consultant as he works at client sites. The IT industry moves so fast that people tend to become specialised very quickly anyway
Pay and benefit seem ok with a big ladder of promotions to climb.
If Oracle sent me some spotty youth less than a year in and asked me for ~£900 a day for his services i'd be having a very serious conversation with my account manager.
I was five years in before anyone called me a consultant.
no one?
You're right- getting a massive salary straight out is not easy at all, (Finding work with an investment bank, or top consultancy firm is your best bet straight out if you did IT) but the poster I quoted seemed to be implying that he would be earning peanuts (he said crappy wage jobs). That says to me <20K with peasent- like benefits.... certainly possible to acheive a hell of a lot better than that if you apply yourself.
He isn't spotty and he's 28.
The have 6 months of intensive training before being billable and they certainly aren't stupid people.
Why do you need experience in a technical role in IT anyway? As long as your technically excellent and can use/programe with the product.
In 5 years time everything will have changed anyway and you will have had to learn new skills/programs/coding anyway.
He isn't spotty and he's 28.
The have 6 months of intensive training before being billable and they certainly aren't stupid people.
Why do you need experience in a technical role in IT anyway? As long as your technically excellent and can use/programe with the product.
In 5 years time everything will have changed anyway and you will have had to learn new skills/programs/coding anyway.
Because without experience you may make the fatal mistake of thinking the deployment examples in the training course bear some relation to how people actually deploy the product in real life. The mistake you certainly seem to be making here.
In addition to that, experience gains you the soft skills that you need to be effective in the role, something that can't be trained but can be learnt.
You can sniff out a bootcamp "consultant" in no time. No problem with one shadowing someone more senior, but none of my customers would be happy paying for someone with 6 months experience working on their Oracle system.