4 ms·

Is it just me or does it seem like $40k has been the default for far too long. I believe (anecdotally) that it's been the average white-collar entry-level salar

Is it just me or does it seem like $40k has been the default for far too long. I believe (anecdotally) that it's been the average white-collar entry-level salary since the late 90s/early 2000's. Seems that the number isn't adjusted for inflation and should be closer to $45 or $50k in 2017+

Frondo 9y ago
Wages have been stagnant since the 1980s: http://www.epi.org/publication/charting-wage-stagnation/ http://www.epi.org/publication/charting-wage-stagnation/ Lots more to read here: https://www.google.com/#q=wages+flat+since+1980 https://www.google.com/#q=wages+flat+since+1980
- faet 9y ago
  https://fred.stlouisfed.org/series/COMPRNFB https://fred.stlouisfed.org/series/COMPRNFB Total compensation per hour has increased 44% since the 80s.
  - yummybits 9y ago
    While the COL has increased by 200%.
faet 9y ago
You also need to include other benefits as well. Benefits as a percent of total compensation have increased heavily over the past 20-30 years. Now they make up ~30% of an employees total compensation. https://fred.stlouisfed.org/series/COMPRNFB https://fred.stlouisfed.org/series/COMPRNFB
- yummybits 9y ago
  > have increased heavily for the 1%.