Reddit pe salary Former Associate/VP joining as VP or Director - high 6 figures. you will be loosing money as the PE rates of pay are still not up tp date and we dont what it will look like. The pay bump on a PE only comes into play if you are working in a part of the industry that requires one. You likely don’t even talk about your salary with your colleagues and friends. Had a new job 2 months later. The goal is to give the new PE's some perspective of what they should expect. At a state job, I was in an engineering assistant position without a PE, salary capped at 64,500 (for my current years of service anyway). We go into what each of them means and break down the compensation based on Thinking about applying to FT PE analyst roles as well as banking. Loyalty gets you nothing, but there are employers who value their employees financially and more. +$200-$300 after completing ur practicum and you’re officially trained. Longer hours, worse health insurance (double the monthly premiums), slightly longer commute, but Got my PE at 4 years, with a fairly large pay bump. I've seen spreads from 0%-20% researching online, but was hoping the community had some real world guidance or examples to help. Reply reply [deleted] • OP, I’ll add some input since your thread is getting cluttered with definitions of the term PE. I wanted to post to ask about jobs in private equity and salary expectations. I currently make $34/hr, how much should I expect for a pay raise after I get my stamp? Reddit . Is the person expected to do actual work and know revit too Lol I’m also in central Florida but at private consultant and I was making $90k before I had my PE lol now I’m over 110k with PE and almost 8 years of experience. 9% year-over-year to $218,350, second in that rarefied group behind only Harvard Business School. Posted by u/IndependenceThese271 - No votes and no comments Nice to see salaries ramping up. My boss used to QA/QC my design and then stamp, we are transitioning into stamping my down plans with my own Pay is usually pretty solid against the median of wherever you live, even in HCOL areas. (So i got a pe salary for 6 months before i got my stamp. But the pay ceiling is not all that high, though the floor is. Regards, Pay raise after getting PE I'm trying to gauge how much of a raise, if any, you all have gotten after passing the PE. Someone on Reddit searching for threads that have been asked a million times before? $300-350k+ to start. The official Python community for Reddit! Stay up to date with the latest news, packages, and meta information relating to the Python Offer 1: 144k salary, 40k sign-on Offer 2: 115k salary, 30k sign-on, up to 25% performance bonus Hope this helps. MM is ~$200-250k with ~$100-125k base. It's starting to get risky and rare. I think these are definitely higher end of corporate finance offers, but again the cities these are in are very expensive, so it can be a misleading. Structural PE Pay Raise . I also do not have my PE only my EIT I am a PA and it’s a solid job. Sick of the long hours as a PE? Typical reddit doesn't understand military spending. You just need to put yourself Exact same happened to me after I got my PE back in 2012. I am curious at what 2022 and 2023 salaries may projected to be, so I can compare my current position salary(AS-04) to PE-03 taking into account the current offer on the table for psac. I’m curious what you all think a rough salary expectation would be. Pay was good and hours were like 40 a week but I knew I wasn’t learning anything and it couldn’t last. Also, while federal employees are generally on the low end of compensation, some regions have a special salary rate that increases pay rather dramatically compared to their locality (or lack thereof). I just passed and my new job is giving me the $2k bonus and reimbursing my test fee but thats it. You salary increase percentage is higher that year when you pass your PE when compared to your annual increment after the 1st and 2nd year. company bumped me to 85k after PE, Wife made almost double what I made in a less intense career so I went hunting for money and basically told the next company I wanted about 115k and we settled on 103. Definitely wasn’t emphasized. I suppose some utilities care more about the pe than others, else times changed. Was required for principal engineer but that level was like 1 engineer in 20. EIT to PE salary bump - Arizona PE exam passed, current salary $75k, I've been a project manager running my own team of drafter and younger EIT for two years. 75 years exp, Masters, Passed PE (waiting on promotion and raise, I heard it should be 10%), work in bridges. Iirc it worked out to about a 60% raise overall. Any idea how what salary they pay? What's the avg or range for entry level analyst positions? How’s it vary I’ve heard 10% is the standard rate but it seems quite low. Mid year bonus 1 wk of pay, end of year approximately 4k after taxes, etc. ADMIN MOD What pay bump should I expect after passing. Can those of you at private equity shops or with past experience tell me what average comp is/was at your place. Salary - Tampa, FL . Florida government employee salary is also public knowledge. Like all salaries though, it's dependent on location. 5k for females (depends on ur honours class) during NIE post grad with minimal increment (~$100). Changed jobs shortly after for a 20% raise. 3k. For context, higher tier EITs at my company range from $80 to $89K. 2023 - Aug. Being able to bring in your own work with make you 50-60% more. I am a fairly new Structural Engineer (SE and PE) with about 4. Was curious what a typical raise percentage is when getting a PE. Before PE I made 72k. A non pe leading 3 people is around 125k. 18K subscribers in the PE_Exam community. Base is typically $120k to $140k Salary scales directly with the size of the fund you're at (most megas are >$10B funds). Tired of PE salary, thinking of quitting to become POTUS. Reply reply ComfortableKitchen11 25 votes, 38 comments. slightly higher if you’re a male. I started at 86 salary, not including bonuses, 401k etc, and have long since surpassed that. Whereas link 2, states the Should I expect a higher salary (higher than after raise for PE) if I get a job in other states other than CA? Related Topics Engineering Structural engineering Applied science Civil engineering Science Engineering comments sorted by Best Reddit . Just take a look at Blackstone / KKR's website and LinkedIn to check the career progression of people working there. Reddit . So i started at 23, 2 moves and PE later Im at 39, with unknown bonus. They REALLY love him a lot there, but the company is a bit of a mess. Starting salary for a licensed transportation engineer (TE3) with the state of Ohio is $70,000/year. 5 years out of school. Hi guys, I hope salary related post is okay to ask here. You cap out around $150k average on the technical side after 10 years-ish adjusted up or down for cost-of-living - maybe you command a little more if you're a subject matter expert in an in 10 votes, 44 comments. Reasonably compensated (starting pay around high $2K to mid $3K) with typical civil servant bonuses; promotion increment can typically vary around $200-$500 (depending on your performance and promotion rate); if you add in the perks View community ranking In the Top 1% of largest communities on Reddit. I recently found out about this community and am extremely grateful it exists! (Approaching 4 years) with no FE or PE license. so went from 72 to 103 in about 9 months. I switched to a new job right before getting my PE and got a $5/hr raise over my old job, got my PE for another $5/hr raise, then got another $5/hr raise at the end of my probationary period. I got two raises, major on cycle review raise at max available (3. View community ranking In the Top 10% of largest communities on Reddit. 5 years experience, have a masters (also got it while working), have a PE, and made $80k last year, MCOL area. I’m preparing for my PE Civil:Structural exam. It’s certainly not boring most of the time and you get to help people which does feel nice. So I’ve been talking to my friend who was POTUS last term and he said they pay $450,000 a year for salary then just receive a couple hundred thousand yearly after their term as pension. I know there are PE’s rocking that salary at my company but they have +10-12 years experience. This sub will be private for at least a week from June 12th. Members Online • MaleficentAd3120. 2021 Thread - https://redd. PE Exam Question Difficulty . Our firm negotiates salaries every August, so I have to wait a bit. I crossed the 6 figure mark in the Dallas market at year 7 of my career. Get the Reddit app Scan this QR code to download the app now. Maybe you will be happy if you push back on the hours and still accept the pay. 3. Civil engineering: Building and maintaining infrastructure. I Pune Salary thread 2023 - why we will never make enough money. No PE license, Electrical engineer. Salary MEP . 6k to $93. My license is approved in August, I get a $2k bonus, and my job title changes but no pay rise. Right now I'm an FPE for a small firm making $92000 + benefits. Yaar, main reddit pe $109k +3% in my 401(k) - 15 years, PE and I manage a department of six near Pittsburgh, PA. Average salary among mega funds is $300k to $350k as an Associate. For Transportation Engineers typically make less than most other disciplines. But I had already passed the tests. 5 years experience switched again, negotiated as if I had my pe. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. reddit's new API changes kill third party apps that offer accessibility features, mod tools In my organization, it means an automatic 5-15% (depending on your years of experience and current salary as an EIT relative to average PE salary) raise and promotion to the next level of engineer. Imo MF PE Ops is actually the sweet spot between hours worked and comp, think MBB hours but for much higher comp (vs. I started out 7 years ago making $65k plus overtime in the Midwest. Designation: None Education: Bachelors degree Experience: 5 years Med. Sorted for PE, 4-5 years experience and got 83k as the median salary. Petitioned for a bonus/salary bump afterward (large enviro firm, lots of bureaucracy), got a $500 bonus with a raise still under consideration. So please state your PE discipline and the raise in % you received. And im now at 39/hr. It’s a fact and that’s all was my question! Clearly people have got a $1k, $2k, $2. You may job hop among MNCs and move to a field that's not 'congested'. I quit a water/WW engineer job in the NYC metro last year and I was at $101k. $175K median salary. What would be a fair salary for a PE traffic engineer with 8 years of experience in consulting? I live in a HCOL area. deal team where you are expected to work 70-90 hours, but also make more) Intro: Welcome to the third annual r/Environmental_Careers salary survey! (link to previous threads 2022 2021) This post is intended to provide an ongoing resource for job hunters to get an idea of the salary they should ask for based on location, experience, and job title. They also tend to only work 55-65 hours as well. Please mention whether your raise was with your current company or from a new job. So make sure you gain the skills and experience to prepare you for that role. no OT. Government salaries are capped by years of experience. 5% is laughable. My salary is currently at $51,000 at a small company with under 20 employees. When I ask my manager why not he says they don't normally give a pay rise just for getting a license. If you consider the new pay rates for the AS-03. I’d say my position is one step down from PM. Schedule in about a month. Survey responses are NOT vetted or verified, and should not be considered data of sufficient quality They realized he was way above his pay grade and promoted him to PE at 68k after just 4 months of work. Am I wrong to Hello everyone, I will be taking the PE Civil- Transportation exam after April 2024 and I was wondering if someone can share PDF for the AASHTO GDPS-4-M (Guide for Design of Pavement structure), AASHTO GPF-2 (Guide for design, planning, and operation of Ped. 9k-4k now. Further fueled by a $10K boost in At my old company my peers who passed the PE got a $2k bonus, reimbursement for the test fee, and a promotion to project engineer with a roughly 10% salary increase. Your salary will depend on years of experience, salary negotiation, and location. I work public in CA, so this may differ from your experience. It’s probably closer to 80-85. Annual salary: 77k. 11 votes, 18 comments. View community ranking In the Top 5% of largest communities on Reddit. Right now, AS-03 is almost equivalent to a PE-02. I recently accepted a job at a PE shop as an analyst but think I lowballed myself when it came to salary. Where it makes a big difference is later in your career. View community ranking In the Top 1% of largest communities on Reddit. water resources. Without a PE, you have a much lower ceiling, with a PE there's much more room for growth. PA-PHL Prof. Private Equity Analyst Salaries and Bonuses ($85-100K Salary + $50-75K Bonus) Most private equity firms do not recruit analysts out of undergrad, but there are some that do. reReddit: Top posts of January 21, 2023. Wanted to see what others experience with this situation has been and how much pay raise people have seen after getting their PE. $78k salary, paid OT, no bonuses, Midwest city w/ COL Index 95. Hello future charter holders. 5%, which was probably what I would have gotten anyway since it coincided with the normal raise schedule. 49% of the class going to A raise is nice, however I still feel like even with the salary increase it’s lower than what a Environmental Engineer with 5 years experience and a PE should have. I am looking for a bit of clarification on the new PE rates of pay. The average for >$5B funds is $315k Hello Community! I've recently obtained my PE license in the state of CT and am trying to figure out what an appropriate raise would be. I was unable to find clear rules in the FAA under section 11 as mentioned in the rates of pay for "unrepresented and senior excluded employees". I can tell you as an engineering manager with a MS in EE, I make over $200k Widely known today that after the increase in IB wages over the last year PE comp is largely now lower than IB — this is for juniors mostly but even at the VP level carry won’t show for years so Folks on the desk confirmed I should expect closer to $350k. Sized firm. He's now looking elsewhere and just got an offer for 75K at a larger firm. Pre-PE Salary Raise Negotiation Career Advice Hello, I am an Mechanical and Plumbing Engineer with a large company. You probably won’t see 100k anytime soon at a local government. I'm salary, so I don't get overtime, but will theoretically get a year-end bonus based off company profit. If I pass, I'm going to ask to be around $95k-$100k by the end of the year (PE bonus + annual raise). So may be you should wait a bit longer to see when the PE pay will be updated. I understand some companies give a one time bonus, but I've heard of others give raises. But for context I received 8% this year pre-PE. . Obviously if required in construction/civil it would be a bigger pay raise than aerospace or computer engineering. I am a structural engineer for a very small firm in the Midwest and I just passed my PE exam. Work on avg 45 hrs/week Location. Some Interviewing with a middle market PE firm for investor relations associate in California. Feel free to discuss how you are preparing, and what resources you are using to help you prepare for the exam. Salary inquiry with no FE/PE . The standard path is usually: Ivy League/top undergrad -> BB/EB IB -> MF/MM PE -> HSW/M7 MBA -> MF/MM PE which is how 90% of people end up in PE. Please check Switched companies to 32/hr (500 bonus) and then at 3. Also I just like teaching PE. ) I think I'm about right right now. it/qaij5y. 54 votes, 128 comments. Site civil Just spit balling, remote work has kinda leveled off salaries geographically, so I won't ask which city. Depending on fund, MF PE Ops gets around 70-80% of deals team salary (and a lot of times get carry as well). I am happy to report that I passed the Exam (Structural, Maryland)! I'm expecting a $10k salary bump ($75k to $85k yearly) for passing. Starting salary pre-PE is $70-75k. Put the time in, get your PE and salary will increase quickly I got 2. My old firm is currently Get the Reddit app Scan this QR code to download the app now You can earn an average of 10-30% of your salary a year from a bonus. Locked post. 5 years of experience making around 90K at moderate COL area. I am currently at $61,000 per year but this is in Indiana where cost of living is significantly cheaper. The engineering director thought a good salary for a PE with a masters and 4 years of experience was 61k and when I tried to talk about it with backup info he said it was non-negotiable. Salary: 103k Years Experience: 8. The salary bands haven't been published yet, but this link states they are effective August 3, 2023 and will be updated on pay stubs August 30, 2023. Hi all, I’ve been working for my company for just over a year now fresh out of college. I work for a district that receives the SSR and my salary increased from the low 80s to the low 100s several months ago. And you ask for pe, so assuming the person is signing. Wow that's awesome 😅 I'm at a mid size consulting firm doing water/wastewater design (~400-500 employees), 4. Based on my salary, experience and location, my pay is average maybe? The salary increase of $3500 per year seems low for going to PE, but I guess that depends on what you are making before. Now currently 9 years experience, barely breaking 6 figures last year in HCOL. so I just want to know! 3 years ago with a degree starting was ~3. 2022 Thread - https://redd. Your company has to pay your benefits and make profits off of you. I am confident with what I do but at the same time I want some senior engineers to validate my work, specially for the materials I haven’t done in the past. The difference between PE and no PE after, say, 15-20 years can be $40-50k or more. ), AASHTO MEPDG-3 (Mechanics-empirical pavement design guide), and FHWA HIF-12-026. I think if you’re in investment banking and wanna be a “winner”, people expect you to hustle to make director in 10 years or jump to PE, where the carry can make you rich. Apparently Posted by u/Bulldog_Fan_4 - 1 vote and 3 comments I've been working for the same company for 5+ years now and was wondering what kind of pay I could get elsewhere. Every offer I got was within a few grand of ASCE’s salary averages. I'm paid a $77,000 salary, with a $4,000 bonus (this year), and the retirement package is a ESOP which is generally paid 10-13% of salary in stock every year (6-year vesting, I'm at 3). The company you work for - likely doesn’t allow you to share your salary information with anyone. Does anyone know how much PE Teachers get paid in NYC? I tried Glassdoor but I just wanted some real life answers, as well. Anecdotally, one firm I used to work at effectively cut pay once you got your PE; they would give you like a 7 percent raise, but put you to salary instead of hourly, so for anyone averaging more than a couple hours of overtime a week, they made more before the "raise". PE Teacher Salary . It’s a private school, but I would like to hear numbers from any type of school (public, charter, etc. Might be a bit low (based on your other comment of 7 years of experience)? For reference, I'm fully remote for a company in Michigan with ~4 years of experience, EIT, Master's, and I'm at $84,000. My starting salary was 60,000 and I got a 4% raise at the end of the year, putting me at 62,400. In general, it will do a lot to “build your brand” as an engineer. The difference between PE and no PE at about 5 years of experience isn't all that great - maybe 10-20%, tops. Other public agencies start even higher with higher brackets. You come out of school making 6 figures and then slowly creep up through salary bumps. New comments cannot be posted. With PE, you are able to shift into the full engineer position with no increase in work, just stamping ability. Honestly, I think 66k is extremely low. As for salary, if that's what you are asking about, I'm in my 15th year and make over 6 figures. Additionally you should have long term carried interest in the funds, that could range widely but they should at least give you It's insane. it/v89zgf. Expect pay to The following provides insight into private equity pay via base salary figures from the Blackstone Group, the Carlyle Group and KKR, the world’s biggest private equity firms, Got a $2k bump to $78k after my PE at 4. PE, ~7 years of experience. Although the pay is lower, the “company culture” is far less stressful than what I hear at competitors. 5k etc. ) Generally, lead and managerial roles are most likely to attain 6 digit salaries. LMM is ~$150-225k with ~$90-100k base. Glassdoor is a View community ranking In the Top 1% of largest communities on Reddit. I like being outside, I get to dress comfortably, and don't have the same pressure as Math or ELA to perform on state tests. . Aug. MF/UMM is ~$250-350k+ with ~$125-175k base (H&F and Apollo paying the most at closer to $400k+). So when I said 75k was the average or slightly above, I was probably wrong. If your bosses or management are 30-40 years older, they probably think you are already overpaid. More importantly however, the behavior of reddit leadership in implementing these changes has been reprehensible. I was reading the SFPE median salary for FPE is $136000. If you're a newbie, don't go for Cognizant muna, this is my opinion BUT I won't hinder you from pursuing it. After five years of experience with PE, I'm at 100k and slated for Senior Engineer promotion late this year or next year, which would bring additional 10% increase to my base salary. As the title states, I am looking for a good starting salary to negotiate with as I'm looking to move to Boston soon. Or check it out in the app stores TOPICS (PE). PE will give you 10-15% in current role. Posted by u/Program-Connect - 9 votes and 13 comments The Real Housewives of Atlanta; The Bachelor; Sister Wives; 90 Day Fiance; Wife Swap; The Amazing Race Australia; Married at First Sight; The Real Housewives of Dallas In July I get a mid year, out of cycle pay adjustment from $86. true. I’m now 15 years in, and close to double that pay. Reviews and resources to help prepare for the Professional Engineering Exam (PE) PE Pay Bump . Pretty good salary for MEP, first year PE, though your hours suck. Reply reply The median numbers are only slightly less astounding: Stanford MBAs' median starting salary increased to $175,000 — equaling fellow M7 schools Harvard, Wharton, and Columbia — powering total median pay growth 8. My target utilization rate is 70% (billable time/total hours worked), I'm at 143% for this year so far with a billing rate between $160-170/hr. but they recently revised teacher’s salaries so it’s around 3. I have a MS in civil/structural, been out of school for 3 years and am getting ready to take my PE. I had one pre-MBA PE associate buddy turning down $500k VP roles early in the cycle because they were below expectations. Private would probably pay around 10%-30% more. 137K subscribers in the civilengineering community. Maybe even three trades HVAC, fp and plumbing. 2024 Civil Engineering Salary Survey. 2 percent), then off cycle raise at 7 percent. For 5+ years experience your cash comp (base salary and bonus) should at least be $250k-350k on good years. I generally agree with what you said about level of responsibilities, but in this specific situation, say if you take on responsibilities before you get PE the companies will use the ‘you are not PE’ excuse to not increase your pay. Not too many PAs are making more than 150 on a 40 hour work week. I have no desire to take the FE . I also get paid OT for anything billed over 40 hours and receive a year end bonus (~4% salary). Construction and management generally make more, although they generally pay for it with QoL. In my experience I do not agree with the comments saying fresh PE’s typically make 6 figures. I also just took the PE last week. If you look at the results of the recent survey in this subreddit, OP actually sounds like they're making an appropriate salary, and $100k for a newly licensed PE with the minimum experience would be higher than average. How much of a pay raise is expected after PE if you are already on higher end of pay scale ? What should be the expectations (in terms of %increase) when going in for a discussion about pay raise after getting PE in Texas if you are earning around 95k in Texas with 4YOE ? like you are asking about civil engineering salaries. You can trust the pay and the salary increase (just not the salary disputes), but at least have more than 18 months of BPO experience, so that you can get the SPE position, it offers a higher salary. Post-PE and getting a promotion to the appropriate work title is starting around $95-120k. Chemical engineer, major engineering firm. 1 year experience with them and currently making $88,000 1. Just curious on This data is supported by our own experience working at PE firms in NY / SF over the past few years. What SHOULD BE the range salary of someone with 10 years of experience. 25,000 would be an outlier if that was purely from the PE license. Here is a summary of what you can expect to make at a PE firm at various levels. I heard CEs make decent salary over in the renewable energy industry. When I was in power, the pe pay was only 5% more and, perhaps unsurprisingly, only 1/3 of the engineers had it. Are there jobs out there that pay this much? Am I being underpaid. wnnwehisczpiipinnxmruaryvlphdajueuvelcczzmgcewunjuubyrsqdjkvvzcjfewsx