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 Make your big career move early and reap the rewards

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RR Phantom

RR Phantom

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Make your big career move early and reap the rewards Vide
PostSubject: Make your big career move early and reap the rewards   Make your big career move early and reap the rewards Icon_minitimeTue Feb 24, 2015 1:22 am
Bad news for cash-strapped workers hoping to eventually break into the One Per Cent: How much you make over your lifetime has less to do with grit and more to do with what you earn during your first decade in the labour market, a new report shows.

Make your big career move early and reap the rewards 1424745204566

Economists at the Federal Reserve Bank of New York said in a report that people who end up wealthy see a much steeper curve in their earnings than the rest of us.

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People projected to earn the median amount will see their earnings grow 38 per cent from the time they're 25 to when they turn 55; those in the 95th percentile will see their earnings grow 230 per cent over the same period; and those in the 99th percentile will see their earnings grow 1450 per cent.

http://www.smh.com.au/executive-style/management/make-your-big-career-move-early-and-reap-the-rewards-20150224-13n1vb.html
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