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If you live in a first world country, try to find out what your mid-tier technology consultancies (Accenture, Deloitte, CGI, etc) are charging customers. It is
by fergie 9y ago
If you live in a first world country, try to find out what your mid-tier technology consultancies (Accenture, Deloitte, CGI, etc) are charging customers. It is almost certainly around 250-350k per year, even if they are working for an unglamorous, boring, traditional customer. The real issue is that outside of leading tech environments, too much rent is being extracted from the wages of software engineers.
- f00biebletch 9y agoGreat point, although said rent is being driven largely by FB and GOOG. I remember the first time I was outbid for a flat in 2016 when a small group of googlers paid cash for the entire first year of rent. I should have moved to Seattle that afternoon :)
- fergie 9y agoOk, but I meant rent extraction in the economic sense https://en.m.wikipedia.org/wiki/Rent-seeking https://en.m.wikipedia.org/wiki/Rent-seeking