Can we get the title changed to something that mentions that $70k is the minimum and not an across-the-board rate?
The boss who put everyone on 70K
281–290 of 381 posts
Re: The boss who put everyone on 70K
#282> Two senior Gravity employees also resigned in protest. They weren't happy that the salaries of junior staff had jumped overnight, and argued that it would make them lazy, and the company uncompetitive. The mentality of these people...! Not people you want in your company
>and argued that it would make them lazy, I have hard time believing this.
Yeah, if you're making $70k and you could only get $40k elsewhere, you're probably going to work really really hard to not lose your job.
Re: The boss who put everyone on 70K
#283Earlier quoted context omitted.
That is a consequence of procrastination, which is the consequence of anxiety, which is the consequence of barely meeting ends. Basically in order to be productive under those circumstances you have to ignore reality, which can be problematic for the people around you. But at the same time everything is relative on your perception of reality. We spend today 50-100 times more energy per person that people 100 years ag…
> We spend today 50-100 times more energy per person that people 100 years ago, and most of those people were happy. 100 years ago was 1920. That is two years after WWI. That is destroyed countries moving from crisis to crisis, veterans struggling to become part of society ...
I wonder how happy they were 90 years ago, and the relative amount of energy expenditure per person.
Re: The boss who put everyone on 70K
#284Earlier quoted context omitted.
I'm curious where this poster got that figure. I haven't found anything like it, in fact a pretty consistent 145k average salary. I would also be wary of average vs. median, as there's some real crazy outliers out there.
Presumably from stories like this one earlier this week: https://www.geekwire.com/2020/seattle-tech-workers-earn-279k...
Amazon/Microsoft TC, probably. Base salary is a different story.
Re: The boss who put everyone on 70K
#285Earlier quoted context omitted.
>average tech worker earns $275k a year I need to move to bay area this year. thats my sole mission this year.
I'm curious where this poster got that figure. I haven't found anything like it, in fact a pretty consistent 145k average salary. I would also be wary of average vs. median, as there's some real crazy outliers out there.
I have a sister-in-law that I recently learned is making $275k in a tech job in Seattle. She has no college degree or formal training. She has just learned things on the job over the years. I was frankly astonished. That is more than double what I make as a senior software engineer 3 hours away in Portland.
Re: The boss who put everyone on 70K
#286> Two senior Gravity employees also resigned in protest. They weren't happy that the salaries of junior staff had jumped overnight, and argued that it would make them lazy, and the company uncompetitive. The mentality of these people...! Not people you want in your company
> he rented his house out on Airbnb to help stay afloat.
As senior employees, maybe they had stakes in the company. Maybe they didn't want to go through the above.
Re: The boss who put everyone on 70K
#287Earlier quoted context omitted.
Replace Berlin with Toronto and you'd be just as correct. It's a concern that spans decades. https://www.cbc.ca/archives/the-last-days-of-toronto-s-low-r... — This article dates to the 80's and its tone is the very same. (Canada's lost sweetheart PM hopeful is interviewed in one of the videos when he was a Toronto city councilor. Such a loss. He really had his finger on the pulse)
so... where are the places that are experiencing the other trend? Where are the artists going to ? Where are the places that used to be rich, but are becoming "poor but sexy"?
Calgary!
oh, you said poor AND sexy...
funny enough though, as oil and gas declines in importance (and loud, oxygen-sucking volume) some new and preexisting voices are getting an opportunity to emerge. We're young, educated and ambitious so despite poor economic fundamentals I'm bullish ...
Re: The boss who put everyone on 70K
#288Earlier quoted context omitted.
I'm curious where this poster got that figure. I haven't found anything like it, in fact a pretty consistent 145k average salary. I would also be wary of average vs. median, as there's some real crazy outliers out there.
I have a sister-in-law that I recently learned is making $275k in a tech job in Seattle. She has no college degree or formal training. She has just learned things on the job over the years. I was frankly astonished. That is more than double what I make as a senior software engineer 3 hours away in Portland.
What job / company (or industry if you can't say)?
Re: The boss who put everyone on 70K
#289Earlier quoted context omitted.
sure but don't you have to first sell it for it to be worth anything? if on a weekly basis he's making much much less, (if you had read the article), he would need to be doing other things to afford his life, which seems to be the case. he was airbnb'ing his apartment for side cash.
If you own a company, you keep whatever profit remains after expenses. Your salary can be $70k but your monthly or quarterly owner distribution can be much, much more. Of course, if you are not profitable...
> Of course, if you are not profitable...
Which it seems like it must not be due to owner renting out his house and crying at a new car. Maybe not profitable due to the salary expense?...
Re: The boss who put everyone on 70K
#290Earlier quoted context omitted.
Genuinely curious, not judgemental here. How did the usually-much-better-paid people feel about this? Did they complain that their salaries were now closer to the lesser paid people? Like, I could see somebody not feeling like that's fair so I'm wondering how the morale was impacted by that.
If you read the article it covers that.
It doesn't really. It just said a couple people resigned in protest.