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Question of the Day: How do you normally pay for purchases in stores?
so you're a top notch developer, yippeekayay. Are you earning as much as your peers?
- Thread starter jxharding
- Start date
Ono'rach
Executive Member
Sorry, what?
ok, maybe put another way, are you stacking up well against peers who decided to take another route ,e.g. accountants / start own business (not necessarily ending in success obviously) / whatever the other options were which they took
Mike Hoxbig
Honorary Master
Don't compare yourself to others, it won't help you sleep easier at night. The only thing you should be comparing your salary to is the market-related value in your field of work. Other than that, just focus on doing the best you can and being happy 
true what you say mike,
i think C.A. is the right choice to become stinking rich.
not saying its for me, just thinking if you were fresh out of school, and have a choice between CA or software developer, with the goal of earning top notch money one day, that software developer has a lesser chance of driving a SUV than a C.A. (dependent on the person of course, but im talking now 90% of the cases)
i have yet to come across a company where the highest ranking developer earns as much as the C.A.
i think C.A. is the right choice to become stinking rich.
not saying its for me, just thinking if you were fresh out of school, and have a choice between CA or software developer, with the goal of earning top notch money one day, that software developer has a lesser chance of driving a SUV than a C.A. (dependent on the person of course, but im talking now 90% of the cases)
i have yet to come across a company where the highest ranking developer earns as much as the C.A.
I measure my d*ck against my peers regularly and its bigger. After we talk about the good old days of high school and who went to the best high school.
Seriously, who cares?
Quote from xkcd:
I never trust anyone who is more excited about success than doing the thing they want to be successful at.
Mike Hoxbig
Honorary Master
It's more than just the money. I would personally become supremely bored of crunching numbers all day.
There are of course other fields related to development where you can score big. Something that I'm eyeing in the not too distant future is quant IT, which is one of the reasons I've decided to supplement my existing qualifications with a degree in applied maths.
JerryMungo
Honorary Master
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How many people who go down that road actually become CA's though? I heard of a BCom grad who drove trucks for CocaCola because he couldn't find work. Every tom dick and harry wants to become a CA... and an IT fundi.
Other Pineapple Smurf
Honorary Master
I cannot compete against most parents as I did a career change at the age of 30 from retail furniture sales to IT, I still earn less today than I did 7 years ago.
I'm doing what I love and my dream career - so I don't care
i think i possibly moved into the area with the most C.As per street in the country
just in my kids school class, 6 of the parents are C.As, living in large houses(relatively to other houses in the area), driving SUVs , doing the overseas holiday every year
look im not saying that CA > IT in all cases, actually 2 of the C.A.s I know were software developers at one stage who then thought/realized that a better/higher earning/less volatile/whatever direction would be to become a CA and are now literally earning more than a mill per year
was it really that bad a decision for these 2 guys to make? it took 7 or 8 years of part time study for example and blood sweat and tears, not an easy decision to say the least, but if they did not take it , they would effectively be earning 40% of what they were earning now.
just in my kids school class, 6 of the parents are C.As, living in large houses(relatively to other houses in the area), driving SUVs , doing the overseas holiday every year
look im not saying that CA > IT in all cases, actually 2 of the C.A.s I know were software developers at one stage who then thought/realized that a better/higher earning/less volatile/whatever direction would be to become a CA and are now literally earning more than a mill per year
was it really that bad a decision for these 2 guys to make? it took 7 or 8 years of part time study for example and blood sweat and tears, not an easy decision to say the least, but if they did not take it , they would effectively be earning 40% of what they were earning now.
ok at least one person i can relate with, i also cannot even start to compete against most parents, even though i am earning above market related salary.
respect for your decision though. seems like youre becoming an authority on the local IT/Unisa forums
HavocXphere
Honorary Master
Roughly 1 in 3 of those entering into a CA program at a top uni.
Also, for those after just money actuary is a better bet than CA.
As in HFT? Are there actually any HFT shops in SA?
Look if money is what you want then go the CA route. It works for some.
I couldnt do it though. I get bored easily, and numbers bore me more than most things. Being a CA is about the most boring thing I can think of.
What I am doing in my spare time is writing my own game, because what I really want to do (and make money from) is be an independent game developer. I might not make millions from it (I'm hoping I will of course) but I think its the path I need to take.
If you do the CA route purely for money, you will probably come to regret it.
Work for someone and you'll pretty much always earn less than you think you deserve. My aspirations are to have my own business. Make your own future.
I dont see the point of becoming a CA just to make money. That would kill me with boredom. Rather make what you love doing work for you. Or at least try
I dont see the point of becoming a CA just to make money. That would kill me with boredom. Rather make what you love doing work for you. Or at least try
Mike Hoxbig
Honorary Master
Really, if they're earning R1 million and you're earning R600k, does it really mean that you're living any less comfortably? Sure you may not drive the latest SUV, but who cares?
Lol no, more along the lines of algorithmic trading and quantitative development.
http://en.wikipedia.org/wiki/Quantitative_analyst
i agree. in some cases though, you sacrifice 7 years of doing actual accounting/auditing, and then you become the CEO of Beverage Company XYZ earning easily upwards of 4million per year. that was one policeman i know who did a career change for the better.
whilst he wanted to become a cop and save the world, he's pretty happy with his choice and the sacrifice is paying off.
Whats his quality of life like though? Does he get satisfaction from his job? Is he actually happy?
Money isnt everything. I agree, its important in this modern age. I would love more of it and I earn a decent living for my age. But there are some things that are just not worth it in the end. I would say becoming a CA is one of them.
Maybe look into becoming a CFA instead - more internationally recognized.
Money isnt everything. I agree, its important in this modern age. I would love more of it and I earn a decent living for my age. But there are some things that are just not worth it in the end. I would say becoming a CA is one of them.
Maybe look into becoming a CFA instead - more internationally recognized.
i can honestly say that i am not earning nearly as much, I did see one or two such opportunites for R50k/month this year, so these opportunities do exist, but they are less frequent than the jobs offering between R25k-R32k per month.
Snr Dev with 3-4 years exp (Of being a Snr Dev) should be earning around 50k pm
Snr Dev will start at 30k and go up from their with your experience