age you left at

23 when I started - 25 when I left. Graduate with my MBA at 27....things are looking up!

[Popper1977]

Originally Posted by Unregistered

23 when I started - 25 when I left. Graduate with my MBA at 27....things are looking up!

I bet your REAL MBA pays far better dividends than your "Virtual MBA" from Enterprise.

Originally Posted by formergm

I retired at age 51 after 20 years. I no longer have to work and can enjoy the millions that I made while I was there.

You were a 31 yeard MT? Get real.

Originally Posted by formergm

I retired at age 51 after 20 years. I no longer have to work and can enjoy the millions that I made while I was there.

You were a 31 year old MT? Get real.

[InternToMTToSomewhereElse]

Originally Posted by formergm

I retired at age 51 after 20 years. I no longer have to work and can enjoy the millions that I made while I was there.

Ed Forbush?

Originally Posted by Unregistered

yeah that virtual MBA thing has to go - seriously. The second thing that needs to go is the idea the "accountants" in admin's accounting are actually accountants. I think the business manager may have had a masters in accounting and had his CPA. But the rest of them had more trouble reading balance sheets than my MT's.

And I can't tell you how many mistakes were made.

You have trouble telling us because they don't teach accounting and finance when you get a marketing or sociology degree.

Originally Posted by Spouse of Ex Level 3

What's funny is most people don't realize that you did make millions. Were you a GM that opened a group at the full 15%? But I do know that the quality of life at ERAC, even for GMs, isn't what it should be for ALL ERAC employees.

My admin level 3 was forced out after 17 years but there was never help in looking or suggestion to look for a different job or acknowledgement of the 60 to 80 hour weeks put in to get the job done.

Marketing Pyramid Scheme hmm lets see.

GM on top 1 to 3M
a few RVPs here 750K
more Area Managers 325K
More Branch Managers 65 to 100K
ABMs 45K
MTs 25K

look at that, about 6 layers and the peak makes how much more

please note, numbers are just best guesses based on specific instances of knowledge

There are also many more levels than just the six you described. This doesnt have to be your path. For instance getting promoted leterally or moving to an admin position could also make you more money.

Originally Posted by Unregistered

You have trouble telling us because they don't teach accounting and finance when you get a marketing or sociology degree.

Uhh, Marketing falls under the college of Business. At most colleges, it is required to have at least 2 accounting courses and two finance courses as well. Now, you are correct about Sociology.

This is a great thread. Its important to realise that if you leave erac early enough in your career you can start a new career which has a future. if you leave it too late you'll find it harder to get a job in a new field.

I think Jorge Cano will be realising this as he spent a long time with erac in the belief that he was there for his whole career. he may find it hard to get out of the retail industry.

i think that if you leave before you're twenty five, you can change career and put erac down to a mistake you made when you first left university as it would probobly have been you're first job.

If you leave after you're twenty five, you will be much more aware of chasing your colleagues along careers paths in your new industry trying to make up for the lost years ar erac. You will also probobly be reporting into managers the same age as you or younger who have got the experience you lack.

From a personal point of view, the thing i regret most about erac is the fact that i could be three years further down the line in my current industry if i started straight from uni.

Erac was a mistake i wish i'd never made. Fortunately i got out before it shaped the course of my entire life.

Originally Posted by Unregistered

Fortunately i got out before it shaped the course of my entire life.

Ditto