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Being a Lieutenant is the Best Job I've Ever Had

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  • Being a Lieutenant is the Best Job I've Ever Had

    At BNY Mellon, as a mutual fund accountant, I made $35K gross with reasonably cheap medical and dental that had reasonable coverage. I got a week's vacation and a few personal days. I worked a 9 hour day and had an hour and a half commute each way. The job was very easy and the environment relaxed but it was boring.

    On active duty, I make $55K total pay (BAH/BAS is an untaxed and significant portion of pay, so this significantly understates pay vs. a comparable gross in the private sector; my estimate is comparable gross is around $61K). Being in a schoolhouse environment, I get free officer housing (comes with free cable, internet, utilities, and weekday room service!) and an additional $501/month for food and 'incidentals' on top of BAS. Yes I'm making $4500/month after taxes with literally no expenses.

    I get free medical and dental with virtually unlimited coverage. I get 30 days vacation. All federal holidays off and they're really long holidays. For example, for Christmas, I was off at noon on Dec. 24th and didn't return til Dec. 30th. MLK Jr Day and President's Day will be 96+ hr holidays as well. If I were AD, I would get retirement and education benefits (post-9/11 GI Bill).

    Does it get any better? Between good pay (nearly half untaxed) plus additional pay for dependents, healthcare/dental/eye, retirement, education benefits, vacation, federal holidays, etc. etc., you have to be talking equivalent to 6-figure in the private sector and I'm just a second lieutenant with under 2 years of service!

    And that's just the tangible monetized benefits.


    I might just be salivating at the mouth to go on AD the first chance I get. The private sector cannot compete in pay and benefits with being a lieutenant.



    God it's going to suck to go back to BNY in April.
    Last edited by Al B. Sure!; January 7, 2014, 20:48.
    "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
    "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

  • #2
    I know where I'd save $$$ if I was in charge of the Federal budget

    Comment


    • #3
      oh yeah, congratulations on the promotion

      Comment


      • #4
        Originally posted by Berzerker View Post
        oh yeah, congratulations on the promotion
        I haven't been promoted. I'm a Second Lieutenant.


        Originally posted by Berzerker View Post
        I know where I'd save $$$ if I was in charge of the Federal budget
        Probably better to cut the civilian DoD workforce. A lot of them are redundant but are only around because they're former military. Do we really need one civilian for every one and a half active servicemembers?
        Last edited by Al B. Sure!; January 7, 2014, 20:56.
        "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
        "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

        Comment


        • #5
          Go watch 'Aliens'.

          Now with that being said, I'm still proud to have gotten to know at least a little bit of you.
          Founder of The Glory of War, CHAMPIONS OF APOLYTON!!!
          '92 & '96 Perot, '00 & '04 Bush, '08 & '12 Obama, '16 Clinton, '20 Biden, '24 Harris

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          • #6
            congratulations.

            also, no one likes a braggart.
            I wasn't born with enough middle fingers.
            [Brandon Roderick? You mean Brock's Toadie?][Hanged from Yggdrasil]

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            • #7
              Originally posted by self biased View Post
              congratulations.

              also, no one likes a braggart.
              Braggart? I'm explaining why this is better than the private sector.

              I don't understand the logic in what everyone here was telling me to do. In April, I'll be miserable and making no money again doing what KH and others said I should do.
              "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
              "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

              Comment


              • #8
                The sad thing is, he is making a factual statement. But here I am a high school dropout making more!
                "I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
                'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburger

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                • #9
                  Porn will do that.
                  Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
                  "Remember the night we broke the windows in this old house? This is what I wished for..."
                  2015 APOLYTON FANTASY FOOTBALL CHAMPION!

                  Comment


                  • #10
                    Originally posted by MRT144 View Post
                    The sad thing is, he is making a factual statement. But here I am a high school dropout making more!
                    Society lied to us. You graduate magna *** laude, work work work, do your coworkers work, get exemplary quarterly reviews, and get nowhere fast. At least I got basically a free ride through college so I'm not like the people with $100K in loan debt.

                    At least the Marine Corps put me in contact with other lieutenants who worked at the big banks in Manhattan, contacts I would not have otherwise. I'll see if they pan out but it is telling that so many of them would rather be officers than traders and analysts for MS, JPM, etc.


                    But I do know for certain that doing KH and others' advice would have left me in a dead-end rut.
                    "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
                    "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

                    Comment


                    • #11
                      But I do know for certain that doing KH and others' advice would have left me in a dead-end rut.
                      Say what you will KH has been very successful. If it were me, I'd be arguing that you derive greater job satisfaction out of your present job, and there's nothing wrong with that. There's always tradeoffs. It's not so much, "I'm successful, KH is wrong", but rather, there's more than one road.
                      Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
                      "Remember the night we broke the windows in this old house? This is what I wished for..."
                      2015 APOLYTON FANTASY FOOTBALL CHAMPION!

                      Comment


                      • #12
                        You haven't deployed yet, get back to me if you think the deal is still that good then. Also you might get 30 days of vacation but good luck using it, ESPECIALLY in the USMC. I have 58 days on the books right now and lose at least ten every year to use or lose. The holidays make up for some of that, then again when in a sea billet I am underway half the year over most of those BEFORE deployments.

                        In short stop being a douche boot, your butter bar is showing.
                        "The DPRK is still in a state of war with the U.S. It's called a black out." - Che explaining why orbital nightime pictures of NK show few lights. Seriously.

                        Comment


                        • #13
                          Originally posted by Al B. Sure! View Post
                          At BNY Mellon, as a mutual fund accountant, I made $35K gross with reasonably cheap medical and dental that had reasonable coverage. I got a week's vacation and a few personal days. I worked a 9 hour day and had an hour and a half commute each way. The job was very easy and the environment relaxed but it was boring.

                          On active duty, I make $55K total pay (BAH/BAS is an untaxed and significant portion of pay, so this significantly understates pay vs. a comparable gross in the private sector; my estimate is comparable gross is around $61K). Being in a schoolhouse environment, I get free officer housing (comes with free cable, internet, utilities, and weekday room service!) and an additional $501/month for food and 'incidentals' on top of BAS. Yes I'm making $4500/month after taxes with literally no expenses.

                          I get free medical and dental with virtually unlimited coverage. I get 30 days vacation. All federal holidays off and they're really long holidays. For example, for Christmas, I was off at noon on Dec. 24th and didn't return til Dec. 30th. MLK Jr Day and President's Day will be 96+ hr holidays as well. If I were AD, I would get retirement and education benefits (post-9/11 GI Bill).

                          Does it get any better? Between good pay (nearly half untaxed) plus additional pay for dependents, healthcare/dental/eye, retirement, education benefits, vacation, federal holidays, etc. etc., you have to be talking equivalent to 6-figure in the private sector and I'm just a second lieutenant with under 2 years of service!

                          And that's just the tangible monetized benefits.


                          I might just be salivating at the mouth to go on AD the first chance I get. The private sector cannot compete in pay and benefits with being a lieutenant.



                          God it's going to suck to go back to BNY in April.
                          Alby, this would make a great Vocaroo Poast so Please recKord it.


                          I'll wait.
                          The Wizard of AAHZ

                          Comment


                          • #14
                            In Vietnam, there's a good chance you would have been shot by your own men. Given that it's you, a really good chance.
                            Life is not measured by the number of breaths you take, but by the moments that take your breath away.
                            "Hating America is something best left to Mobius. He is an expert Yank hater.
                            He also hates Texans and Australians, he does diversify." ~ Braindead

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                            • #15
                              Long story short: alby makes way less money than any of the 22 year olds who work for me.
                              12-17-10 Mohamed Bouazizi NEVER FORGET
                              Stadtluft Macht Frei
                              Killing it is the new killing it
                              Ultima Ratio Regum

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