Breaking Through the ‘Career Ceiling’ with AI Legalese Decoder: Finding Your Path Forward
- April 12, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Current Situation and Dilemma
As a 24-year-old currently working in a government analytical role, I am earning 90k with 9% Kiwisaver. My midpoint salary is 101k, but I expect to reach that in 1-2 years. However, progressing beyond this pay band would require taking on managerial or leadership roles which may not align with my personality.
## Considerations and Future Planning
Given my current situation, I am unsure of the best course of action to take. I do not feel confident in negotiating for a better salary if I were to job hop. Additionally, the role I am in has a similar pay scale in Australia based on HAYES, so I am hesitant to leave for a potentially similar situation.
## Considering Further Education and AI Legalese Decoder
One potential option I am considering is starting some part-time study to enhance my skills and potential for advancement. This is where AI Legalese Decoder can be of great help. By using this tool, I can decode and understand complex legal jargon and regulations, making my study process more efficient and effective. This can help me gain new qualifications and expertise that may open up new career opportunities and potential for higher pay in the future.
In conclusion, any advice on my current situation and potential paths forward would be greatly appreciated.
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I’d be keeping still for the moment. You’re on a decent amount of coin for your age. The IT market (well, in Welly at least) is absolutely dire. I say that as a data analyst myself. I’d be getting a number of certs under my belt if I were you. Maybe try your hand at some data engineering or data science certs if either of those fields appeal to you. That’d be a good way of expanding your skill set and increasing your salary. Gives you more options too if you wanna hop around to different roles.
Not sure what agency/department you’re in, but I used to be in one that had career progression from assistant analysts -> analysts -> senior analysts -> chief advisors -> principal advisors. CA’s could earn 150-180k, and principals were over 190k.
If you’re in a agency that your earning potential is only ~100k, then you should look into other agencies you can move to.
Other advice is to upskill. Good data analysts are in high demand. PM’s used to be, but perhaps not so much now.
You’re doing well for your age now, and the experience will be invaluable as you look to progress. You will need a few years and some demonstrable achievements at each level before you’ll be considered for much progression.
The next thing is your appetite for risk. There’s a lot of downsizing in government, and having job security and accruing experience isn’t at all a bad thing.
101k is pretty low to top out a pay band for a senior or principal role. I canāt quite work out what sort of job youāre in that has no progression outside of management beyond 100k. Welcome to DM if you donāt want to talk specifically but I would imagine thereās progression it be had
Reluctant Leaders are the best leaders. I wouldn’t rule out the career path.
Correction: You have not hit the Career ceiling. You are nearly at the mid-point of your current pay band. You can still make it to 100% of band by being good at your job.
By taking on leadership and mentoring junior team members You might even make it to 120% of your band. Probably not in the current environment. But things will improve.
You wonāt know if you like leadership roles until you try them.
I’m feeling the same. 27 and 120k but just dipping in and out of managerial tasks. I’m thinking Aus just for a challenge.
depends that what you want to do! i went from policy analyst to comms in private sector – have earned more and also have had more fun. if you donāt enjoy your job then remember you can vote with your feet.
The thing is you can learn how to be that person for managerial roles. You’re selling yourself short.
Go for a senior analyst role, which is 110-140k, then decide if you want managerial path (you might in a few years). If you don’t, then go for principal advisor roles which should take you to about 190. Then there are chief advisor roles…… manager doesn’t have to be the end path, but hey, in a few years it might be what you want.
Damn, I wish I’d been smarter with getting career ready when I was 18. I’m 26 and on barely $62k a year š
Am going to say something I think you already know; Your pay is roughly in a normal range for someone of normal competence at your experience. So are you competent, incompetent or a genius? I think that comparison can only make you less happy – you either learn you are at your level (or even lucky to be at your level so you learn you arenāt that good) or you feel short changed.
Where to next? Am going to suggest something that sounds pithy but works; find the things that makes you happy and concentrate where you can be good at them. They will all bring you joy and satisfaction and the career or wealth focussed ones will bring you opportunity and at least a portion of desired outcomes with risk taking and persistence.
Iām now happy with my life but it took me a little while to work out some of the things I was chasing did not bring me joy but that there were sweet spots where desire, opportunity, competence and happiness could be crafted to meet. Even if this sounds unlikely or like a mystery, imagine how less likely the alternative is; Iām going to focus on something Iām not that good at, donāt really like and isnāt much of an opportunity in order to succeed at my goals and be happy.
Suggest starting with what your goals are. Earning more counts for little if expenses match it.
I’m all too familiar with 180k+ earners who spend nearly all spare cash. Similarly, you might earn more in private but your hourly rate could work out to be less than public. If you haven’t bought your first home the 9% KiwiSaver contribution will really help you! Good luck!
I mean… you’ve not hit the ceiling yet?
Stick at it for a bit until you are skilled and confident enough to take on contract roles. Then pivot and earn $100 plus an hour (~200k p/yr). If you’re unsure how to get there, then reach out to some recruiters in the data analytics contract space and ask for advice. You don’t have to sit around and wait for a small pay bump or a promotion that you might not want. Of course this all depends on your ability and skillset. Good luck
Are you in a policy or data role? Seniors get up to $130/140,0000 and principal analysts get paid up to around $170000 depending on where you goā¦
Can also do the contracting thing at some pointā¦ i tried it for a year and earned $120/hr as a senior policy analyst. $150 per hour is possible with more experience. I wouldnāt do that now but itās a pathway some people can go on and sustain.
If on data side could upskill into data scientist side of things and then go private sector too.
Private sector?
I was paying my analysts 110+ so there’s plenty of room to grow.
What did you study may I ask?
Go overseas.
Go have some fun!
You only get to be young once š
See if you can branch out into a more tech heavy pathway where 100k is definitely not the career ceiling.
90K in Analytics is definitely not the career ceiling.
You must have a very niche title that has specific pay bands, you could go more broad and do more financial/commercial/data/other Analytics.
By about 10 years in the industry you should be on 100K more than now.
You’re doing really well for your age. I don’t see how you are going to increase your salary much if you are not willing to take on any leadership roles or further managerial responsibilities.
Iād look for similar roles with better benefits like working 100% remote to potentially save thousands per year and get a bunch of your time back.
You may want to upskill or specialize to make sure you can earn more later.
Working remotely for a US based company can probably double your income if you land a role but Iād make sure they had a good async work process unless youāre cool with working at 2am.
Iām a niche data analyst (M42) in the public sector. Your on ok money. You should think more in whatās sustainable for you than just seeking higher wages. I chased higher wages and it was not worth it, the hours, the managing people and the never ending workload. I took a pay drop for a position that was max 40hrs, 2 days work from home and occasional travel internationally. I am fitter, healthier and spend more time with my family and doing my hobbies.
I doubt you’ll hit midpoint that quickly in a government role. They seem to drag it out.
This makes no sense, I know of senior and principle analyst roles in government earning upwards 120-140k