I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…
Nintendo has raised its employees base salary by 10%
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Re: Nintendo has raised its employees base salary by 10%
#92Earlier quoted context omitted.
US tech wages are insanely inflated compared to, well, everywhere.
I hate this crab in a bucket framing. It's so anti-working person. Why isn't it that wages are insanely deflated compared to the US?
The cost of living in the US is much higher compared to most other first world/rich countries for one. Count up someone's basic living expenses in the US and those in another country (so taxes, rent and fixed costs) and the US often ends up much higher in terms of absolute values. In other countries, taxes usually soak up more of those fixed costs, reducing them more across the board for most people. The US also has very little protection against surprise fees at checkout (to the annoyance of non-Americans when ordering stuff online from the US), so a lot of stores sell on higher markups relatively speaking, making the same goods more expensive in the US. There's also healthcare, which needs little elaboration because the US is to my knowledge the single most expensive country to live in when it comes to that.
That applies to the US as a whole; it's why someone can say they're making 300k USD a year, say they're apparently barely able to stay afloat and then the rest of the world pretty much regards the US economy as being fundamentally wrong in some form. In most places, 300k USD a year is living in the upper class (as in, "work this job for a decade and you can retire early" money), not scraping the bottom of the barrel. By modern conversion standards, that's about 263k euros, or about 21k euros each month.
Then there's the tech sector specific problems. San Francisco is expensive to live in, and most US tech companies are in SF. Take the US cost of living problem, amplify it specifically for the tech sector (which is usually not talked about, since it's hard to vocalize). Second is that the US tech sector has more creative ideas and money than business sense - throwing money at a problem like the purse doesn't exist is a very US tech thing that doesn't apply anywhere else. It means that it's possible to hire people at far more inflated prices than the job is realistically worth.
Whether a wage is good or bad is pretty much entirely dependent on the local economy. Someone making 2000 EUR a month in Europe makes just above/right below the poverty line. Someone making 2000 EUR a month in Brazil is living an upper class lifestyle. That's an extreme comparison, but is a good indicator.
Re: Nintendo has raised its employees base salary by 10%
#93Earlier quoted context omitted.
> In Japan, there's a big issue when a snack raises its price 2 cents That can't be true. So inflation just doesn't exist in Japan?
Population is flat or declining so that's one of the main drivers of inflation. Japan could be a pioneer in steady-state economics.
Re: Nintendo has raised its employees base salary by 10%
#94I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…
Re: Nintendo has raised its employees base salary by 10%
#95Nintendo gets a lot of flak for how they treat consumers and how litigious they are. However I get the impression they treat their employees very well in Japan. Like when the Wii U flopped, execs took a pay cut to avoid layoffs. No company is perfect, but Nintendo seems like an example some C-suites should follow.
Its not even like they indiscriminately shut down fan projects either. Just the ones that try to make money. You still have sites like Pokemon Showdown and Advance Wars By Web that have been running for several decades without incident.
Re: Nintendo has raised its employees base salary by 10%
#96Earlier quoted context omitted.
I can't say I've ever been to Popeye's, but $68 for 3 people seems unlikely based on their online prices: I picked a random one in Orlando, Florida and the "family meal" (which appears to be a very large amount of chicken) is $20. The closest thing would be the "16Pc Classic Signature Chicken Family Meal," which is $55.69 at that location and is described as feeding between 6 and 8 people. So you'd need to tip a bit…
My general assumption for any food I'm getting eating out in the US (across a range of regions) is $20/person for fast food/casual, and $30 if it's a basic restaurant. The food will be listed at $7-12 etc, but the receipt will show twice that due to fees, add-ons etc. IMO what matters is what you pay; the numbers they post on the menus and other media aren't useful.
Re: Nintendo has raised its employees base salary by 10%
#97Re: Nintendo has raised its employees base salary by 10%
#98Earlier quoted context omitted.
Off topic: what are you enjoying lately? Most of the games I have bought work on switch 1 but the screen and controls on the switch 2 are better. I regret buying caravan sandwitch because it's so hard to see with my aging eyes but it is nice to play it anywhere. Always curious to hear what others enjoy about it to help me have less regret in my $600 investment in Mario kart
Pokemon Pokopia has been a surprise hit in our house, I have two kids, but I got into it and spent a ton of time making a perfect little Pokemon village. My kids really enjoy Tomodachi Life: Living the Dream. It's really silly but they make all their friends and have them get married and read the news and it's just peak Nintendo goofiness. My kids have also gotten a little older so the mainline Pokemon games have bec…
Re: Nintendo has raised its employees base salary by 10%
#99I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…
I guess the salaries are lower, but it’s hard to imagine such cheap rent in the equivalent American city.
Re: Nintendo has raised its employees base salary by 10%
#10010% from what to what? Japanese companies are not famous for pay.