241–250 of 609 posts
Earlier quoted context omitted.
Be aware that if you include the taxes and mandatory insurances you have to pay (and your employer has to pay), you'd usually pass the six figures easily. It's easy to be a millionaire if the state takes fuck all from the paycheck.
47k net on 90k salary in Denmark. You guys have it insanely good and you dont even know it.
A little strange article… it seems like they assume people who read these articles do not know math.
It also makes us Europeans feel underpaid :) I have 20 years of experience and don't even make six figures. $350000 base pay sounds like a different world.
Our CEO makes 120.000 € a year. Revenue about 2.000.000 € There are employees that make more than him, but no one is close to 200.000 €. Personal is our biggest expense. I earn a decent living and can afford a house and two kids and a stay at home wife in Central Europe with 74.000 € (Project Manager / DevOp / Admin). Cost of living must be insanely high in the U.S. For me, these numbers are so high - I can't imagen…
It's really not, especially if you have good health insurance through work. You can splurge and live life on a grand scale, or sock away generational wealth on American tech salaries.
What a title. Americans are so, so lucky, and don't even recognise their privilege.
Earlier quoted context omitted.
"Is there any reason why these two values should be the same?" Are you producing the same value for the company as you did last year? If inflation is higher, then you are receiving less value via your pay from producing the same or more value for the company.
Is your work in tech supposed to hold a sacred scalar linear multiple of the average labor cost ( read: salary of people who produce food and goods) of life’s necessities? So many entitled people arguing for an economic caste system… Arguing that your wage should always match or beat inflation is arguing for defacto permanent income inequality. You’re literally saying your work is always the same amount more valuable…
I don't see that anywhere in my argument.
"Arguing that your wage should always match or beat inflation is arguing for defacto permanent income inequality."
Do you have an alternative approach? I have not heard any mainstream argument for setting all salaries/wages to be equal.
You have to define income inequality and then determine what level of inequality is acceptable. Should a CEO make more than a worker? In my opinion, probably. Should they make 100x more? I don't think so. If I could make the same money flipping burgers as I can working as a dev (let's say around the median salary of $40k), I'd quit today and most other devs would too. Why should I go to college? Why should I endure the longer hours/on-call? Why deal with the frustration and office BS?
Different jobs make different money because the work carries different value. We should protect those at the bottom and try to make it fair. But fair doesn't mean literal income equality with everyone making $20/hr regardless of job, performance, etc (ie equal and equitable are different).
The fact that workers are seeing real wages decline since the 70s is the problem. If you adjusted them for inflation, then income inequality is not as much of an issue. (You'd still have to adjust capital gains taxes and the real increase in things like executive pay, but at least indexing wages to inflation would have benefited things on the worker side.)
"You’re literally saying your work is always the same amount more valuable than the average labor cost increase incorporated into inflation numbers"
Not if everyone gets the inflation adjustment as they do in that other country - Denmark maybe? The discrepancy can be adjusted by increasing the floor, as that impact will raise the lower end more than the rest of the market (eg the people that need the raise most get the biggest impact while those not at the bottom see minimal effect upto a certain level).
You're literally arguing against yourself. You're saying that workers should not get inflation adjustments. Where do you think that money goes? It goes into the pockets of the executives and the investors (capital instead of labor).
On top of all this, you wrongly assume I'm some high earning person. I make less than $100k and live in a moderately high cost of living area.
>the average tech worker’s salary [will] reach $104,566 in the U.S. — a 6.9% increase since 2020, the report found. But inflation is over 11% since 2020. This isn't an increase. The average tech worker is making less than they were 2 years ago according to the Dice salary report. Why do tech workers feel underpaid? Many companies posted record growth and profits over the pandemic, but still give out paltry 3-5% raise…
The overall economy inflation numbers are completely meaningless when cost of education, housing and healthcare has been skyrocketing for more than a decade, maybe even longer. The average worker, especially those with families, have seen their costs inflate much, much higher than 11% per year for quite some time.
Earlier quoted context omitted.
If only America's productive cities did not ban building more housing..
If only Americans reignited their imagination and didn't just settle on having a few big cities in opposite corners of the country. America is huge. There's land everywhere. Start dreaming. China has 160 cities with 1+ million people. We have 10. Granted, there is a massive population difference, but we should most definitely have more than 10. There are major issues when you only have a few cities with the bulk of t…
complains about six-figure pay while sitting at home at computer eating a snack while waiting for someone to review their pull request
and then has to fill up on gas but decides to just walk
Earlier quoted context omitted.
If only America's productive cities did not ban building more housing..
If only Americans reignited their imagination and didn't just settle on having a few big cities in opposite corners of the country. America is huge. There's land everywhere. Start dreaming. China has 160 cities with 1+ million people. We have 10. Granted, there is a massive population difference, but we should most definitely have more than 10. There are major issues when you only have a few cities with the bulk of t…
>the average tech worker’s salary [will] reach $104,566 in the U.S. — a 6.9% increase since 2020, the report found. But inflation is over 11% since 2020. This isn't an increase. The average tech worker is making less than they were 2 years ago according to the Dice salary report. Why do tech workers feel underpaid? Many companies posted record growth and profits over the pandemic, but still give out paltry 3-5% raise…
What baffles me though is that its not like this crazy interview gauntlet is being maintained purely by HR. Engineers in those big tech companies are very protective towards those processes as well, and loudly protest if one would try to change them (complaining about lowering the bar, not hiring top tier talent anymore, etc.). And tbh, I would be afraid of what they would replace those LC interviews with. At least,…
Another favorite of mine, for a web development position, was "what happens at the network level when you load a webpage" where I got marked as getting it wrong for skipping explicit description of SYN/ACK step of the TCP connection. Again, fair, but probably not relevant.