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Career Change

November 2nd, 2015 at 09:23 am

So my DH is making a career change and I hope to get back to work and do one as well. So my DH is getting nervous not because he's worried about the job prospects, actually he picked the HOTTEST field in the US to switch into. What field? Data Science. But he's curious as to what will he be paid. Three different websites say Data Scientist are the highest paid career track now [url=http://www.kdnuggets.com/2014/04/elusive-data-scientists-driving-high-salaries.html][/article 1], [url=http://www.wired.com/insights/2015/03/data-scientists-earning-salaries/][/ or 2].

But realistically he's very curious what is he going to make. One articles says it's averaging $118k which is less than what he made, we're actually budgeting $100k. But the other articles says north of $200k for master's level, foreign born male. Well he's foreign born with a science phd and mba and male in the west coast. So it'll be interesting to see.

What makes us the most nervous? We're wondering what's the possibility of getting a job outside of silicon valley? More expensive than NYC now SF has surpassed the cost of living of Manhattan. And even with two income we doubt we'd have a good quality of life. So we're hoping for something more.

As for me I'm torn. The field I'm looking to jump back into is project management. Another hot and growing field though not as well paid and more "Consulting" positions. The only thing I wrestle with is that it's full time and it's rare to find a part-time project management position. There is a 1 year certificate program near where we are for $5k that would tailor perfect with my background and give me an in for an entry level position. The starting salary would likely be around $50-60k if I had to guess with quick upside into the $100k-$120k price point. I do like the idea of going back to my old field but under different circumstances. I'm not sure I want to work full time however since my DH's job we're unsure what the work/life balance would be like.

Or my other option I look at is working at Costco or a Bank part-time. It'll be hopefully more flexible, at least less hours, and there is potential to move up and go full time when the kids are older. But I'd be starting in something completely different if they'll hire me.

Restarting our careers in our 30s is a tough prospect. Perhaps we should have more carefully planned our 20s better. Sigh. I never thought this would happen when I was picking a major in college or graduate school. I was a fool.

As for my kids I'm going to tell them to become a data scientist if they have any aptitude for it. I suspect both will have some aptitude for the math and science but we'll see. As long as they are happy. After all they have parents who are doing what makes us happy rather than money. If I had what made money I'd have been a dentist.

Have you guided your kids to certain careers? Or explained the career tracks?

3 Responses to “Career Change”

  1. pjmama Says:

    I had to giggle when I read your comment about planning your 20s better - I feel that way almost daily. haha. But who is a good planner in their 20s, really? Smile

  2. Joe Says:

    You might want to look into jobs in the local school system. My wife started part time when our kids were young and is now full time. She works one on one with a blind student. The pay is not great but she has summers off!

  3. livingalmostlarge Says:

    Joe I am not a kid person weirdly enough. I love my kids but I'm not a kid person.

    PJmama I think there are people who know what they want out of the gate and are perfect. Mr Money Mustache. But I think most people are like us and sort of fall into it.

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