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I did a similar analysis with more relevant (for me) numbers for BA recruiters that wanted me to move. Their responses were ... well ... sad. I don't blame th
by hpcjoe 9y ago
I did a similar analysis with more relevant (for me) numbers for BA recruiters that wanted me to move.
Their responses were ... well ... sad. I don't blame them. Or the companies.
I was amused by the offered salaries, after I explained the basic economics to them. Pointing out that the net income after taxes/expenses is so low as to effectively put me and my family into poverty.
The smart ones responded positively to "keep me where I am, have me hop a plane N times per month."
The dumb ones said "but BA real estate only goes up." Which, is a large part (but not the root cause) of the problem. If this were true, then BA real estate would be little more than a barely concealed Ponzi scheme. Which, maybe, it is. I dunno.
What is interesting to me is that the rest of the country has been wising up for a while. So now you can get the benefits of BA salary/comps working locally. This is a welcome development, though rent seeking behavior seems to follow this, so it is only good for a while.
- nerfhammer 9y ago> Ponzi scheme nitpick: Ponzi scheme = fraud, giving people fake investment accounts, like Bernie Madoff's operation. It's more akin to a pyramid scheme, greater fool theory, speculative bubble, etc.
- hpcjoe 9y agoI stand ... er ... sit ... corrected ...