Regret switching industries

New
reqd71

New

reqd71
Jan 25 14 Comments

I started my career in manufacturing and the pay doesn’t even compare to tech.

Tech is overhype.
When I interned at a manufacturing company my hourly was $27 and early pay day they included a 15% gain of that weekly earning.

During the winter time they gave me profit sharing which is just because they performed very well this was a lump sum I made about $20k total with my internship I made 90k since the internship lasted from summer to spring.

First position after college was with manufacturing again and base pay was $85k no sign on or anything but. They had two bonus incentive profit sharing and gain sharing. Total with the end year bonus my tc was $200k all cash . On top of that I qualified for their stock purchase plan with just which was matched at 10%. 401k was marched at 7% and fully vested right away.

I walked away with $350k just a year and half working there. But because of FOMO I wanted something else joined a “tech” company and their are no bonus as such.

Sadly can’t even find a position in manufacturing anymore.

Current tc: 110k

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TOP 14 Comments
  • So you left your 350k job for 110k? Make it make sense
    Jan 25 4
    • New
      reqd71

      New

      reqd71
      OP
      Oh trust me already reached out to old manager and teammates just need approval of the department manager
      Jan 25
    • Good luck, OP. Many other industries and jobs pay 6 figures. You don't have to be in tech. It's more hyped because of somewhat easier way to get in and potential remote, good wlb (obviously not Amazon). But yea, you can find 6 fig jobs doing other stuff.
      Jan 25
  • That’s incredibly high salary for manufacturing. What were you working on?

    Most manufacturing is $80-90k out of school and doesn’t have those kinds of bonuses
    Jan 25 1
    • New
      reqd71

      New

      reqd71
      OP
      I was building internal CAD program
      Jan 25
  • Google
    aPTC27

    Go to company page Google

    aPTC27
    So your TC was 233k a year? Very doable for most roles in tech at L4, and way more at L5.
    Jan 25 0
  • Wellbe
    DuoReaper

    Wellbe

    DuoReaper
    What company was that? Manufacturing usually pays that $27/hr or 85k a yr, wo the massive bonus and profit sharing
    Jan 25 3
    • Wellbe
      DuoReaper

      Wellbe

      DuoReaper
      I know it made the difference - I was saying that 99% of manufacturing doesn’t do profit sharing. What company does?
      Jan 25
    • New
      reqd71

      New

      reqd71
      OP
      DMd
      Jan 25
  • What’s a job in manufacturing
    Jan 25 1
    • New
      reqd71

      New

      reqd71
      OP
      Anything you at Microsoft but in manufacturing
      Jan 25