Re:Job switchers are earning a lot more than those who stay
by FactualActuals on Tuesday July 26, 2022 @01:26PM
(#32241165)
If I don't go into management, and assuming there are absolutely no more cost of living adjustments or changes to how much my pay scale pays, my salary will cap out around 150k a year.
If I go into management, whether it's technical leadership or as a normal manager, then I could cap out around 176k a year.
I don't recall off the top of my head how much that translates to per month with pension.
You could estimate the pension as a risk free asset, paying approximately 4% a year. That would give you a comparison between what you need to save in industry vs. the government. For example of the pension is 200k a year, you would need to have saved 5 million in industry for the equivalent.