Uni grads offered $200,000 salaries at Aussie trading company
Is this possible $200,000 straight from Uni or a con?
Are These Jobs for Real?
CurlCurl on 10/02/2023 - 12:39
Last edited 10/02/2023 - 13:15 by 1 other user
Last edited 10/02/2023 - 13:15 by 1 other user
Comments
These articles always highlights the pretty facade of these positions. They don't talk about the midnight crunch, crushing workloads and sacrificing personal committments to adjust to last minute revisions in scheduling or client requirements. They're highly paid positions for a reason.
its like those FIFO jobs at the mines.. friend did it for a about 18 months and made quite a bit of money, but it absolutely wrecked his marriage and family.
Yeah FIFO is a young man's game imho, not a good idea when you have a family.
The time away? Or cheating
The time away.
He’s still trying to make it up to her. She even wanted to move back to her home country (Sri Lanka) and he went.
@87percent: Working away on the mines, 12 hour days in the heat and dust, no comforts of home, no family.
Come home wrecked and exhausted… to a resentful wife who acts like you've been off on a big holiday… no thanks.
I want to do this so bad I have no commitments but I feel like the job would be too intellectual or physical for me.. Would be perfect though for a single bachelor with no attachments.. The only thing I worry about is what I'm going to eat and game that night
The heat and dust would be miserable though.. Can't stand too much heat
Why not make it 150k and you get a personal assistant
yes, they are real. Before the tech meltdown, you can get similar pays at big tech companies like FB or Google. However, they only hires the best of the best.
Have no doubt that the successful applicants will be working dogs!
You will be working 100 hour weeks with high stress and very little sleep. It is not for the faint hearted. They are buying your health and well being upfront.
"fully-stocked kitchen for breakfast, lunch and dinner" - because you will be there from before breakfast until well after dinner…
Most people here making $200k working a 38 hour week. Why bother with this rubbish.
That's how I can afford all my Teslas and Alienware monitors.
And yet here I am sneaking a cooking session or two at the local park for me snags!
oh my GOD I'd forgotten about that
Write a book,make money. Chronicle your journey.
It's the risotto that kills me.
I thought Muzeeb hooked you up with 95% off retail alienware monitors
One is never enough.
sucks I have to work 40
That's 2 hours overtime. Enjoy!
LOL chumps, I'm $250k base on a 35 hour week
If I had to be honest, I only do about 2 hours of actual work each day. (The rest is just thinking but…. it's not easy to switch off!).
Most people..lol I don't know anyone that barely earns half that. Why would anyone be on Oz bargain on a wage that high trying to save $2 at KFC. Most people earn under 90k. The minimal amount earn way in excess to balance the equation.
Yes, they're real, but with obvious caveats as mentioned above. They're at least more real than the "Earn $200k working from home, pick your hours!" MLM pamphlets I see.
Is this possible $200,000 straight from Uni or a con?
possible, but more likely a con.
A few things for what its worth (these are personal opinions so could be wrong):
- This is likely a paid ad hidden as an article. I'm guessing for IMC Trading. As a paid ad it advertises their company, makes them sound like they have lots of money to pay. etc
- There are jobs though, I don't think these are the norms. I know a few friends looked at them, but many were ones who got prizes in certain areas (like maths prodigy, physics, computing) things they can use to make models for their trading program or similar. Basically the one guy out of the whole year.
- A lot of them I think are typically contract roles, high wage of course but low safety especially during problematic times.
- A lot of them comes with a lot of personal accountability and responsibility. Which is why they can't just go with multiple people. Like its all on you to make a decision. A wrong one could hurt you. Basically you go all in
- Sorta based on 4 but a lot of the time the stress from this comes with health issues. I know a friend who worked in a similar job (but wasn't getting paid the big bucks and was talking to their mate who was). And the mate basically said sure, but at his age he has heart issues, this issue, that issue, problems at home, hasn't socially met anyone and is always on. That they're basically burnt out and running on fumes.
Should be Optiver not IMC.
I’ve been in a job with very similar pay and like others have said make NO mistake if you think the job is making a cushy $200K doing 38 hours per week you will be very mistaken. I would manage large projects worth millions of $, at time simultaneously, any stuff ups fell back on me, clients call all hours day and night, forget your weekends, can’t deliver something, get ready to feel sick at the thought of the shit you will have to do to fix it…
I'm a uni student. Yes they're very real. They're also well known to be soul crushing so they're avoided by anyone that values a work-life balance and isn't desperate for that type of money.
Take the job, sub contract it out to someone for 120k on Fiver\air tasker\reddit, pocket the difference, and work a 100k job 38 hour cushy job on the side.
It's just shameless advertising. Pretty sure it is not what it seems.
I have done work for IMC in a different capacity and the work environment is great. The young guns are very well looked after and are moved in positions between Australia, Chicago and Amsterdam.
I have been flown business to all of those places.
Possible. But your first task when you get hired is how to help the company make money, to pay you…
There are certainly jobs like this in finance, known a few that did so in the UK.
It absolutely destroys you mentally and physically. The stress, workload, pressures and requirements are absolutely insane.
Most people don't last very long at all. It's high paid for a reason, the company expects to make many many multiples of your salary profit from your work, definitely not a cushy office job.