4 ms·

Because that's not how labor economics works. Also, why do you focus on Apple and Facebook (#33 and #42)? If you think employees should be compensated per reve

Because that's not how labor economics works. Also, why do you focus on Apple and Facebook (#33 and #42)? If you think employees should be compensated per revenue, then oil drillers are the ones that should be complaining; they should be paid far more than software developers.

jjeaff 8y ago
>they should be paid far more than software developers. They most likely are being paid more, when adjusting for cost of living. You can work on a rig making $100k a year in areas where $250k buys you a very nice 3500 SQ ft home with a big backyard. Something that would cost millions in SF, NYC, Seattle, etc.
- davrosthedalek 8y ago
  True in general, but the cost of buying a house is a bad example. Most of that is the cost of the ground, and that doesn't depreciate. So when the developer walks away from the job and moves, they can settle down with millions. I is ttrue though for rent, food etc.
  - jjeaff 8y ago
    >they can settle down with millions Yes, assuming an ever upward trend that never crashes. Which everyone should know by now will not likely be the case.
UK-Al05 8y ago
Oil rig workers generally are paid well and in low cost areas.
- ojbyrne 8y ago
  At the peak of the fracking boom, Williston, North Dakota had the highest rents in the country: https://www.minneapolisfed.org/publications/community-dividend/north-dakota-oil-boomtown-has-nations-highest-rent https://www.minneapolisfed.org/publications/community-divide...
adventured 8y ago
Overall the energy sector is still the best paying. Median compensation for energy sector employees: $123k (tech is at $96k). https://www.bloomberg.com/news/articles/2018-07-05/shale-country-upstages-silicon-valley-in-fat-paycheck-lure https://www.bloomberg.com/news/articles/2018-07-05/shale-cou...
sidlls 8y ago
Because of the demographics at HN and my tenure in the tech industry and lack of it in others on that list.

jjeaff 8y ago

>they should be paid far more than software developers. They most likely are being paid more, when adjusting for cost of living. You can work on a rig making $100k a year in areas where $250k buys you a very nice 3500 SQ ft home with a big backyard. Something that would cost millions in SF, NYC, Seattle, etc.

davrosthedalek 8y ago
True in general, but the cost of buying a house is a bad example. Most of that is the cost of the ground, and that doesn't depreciate. So when the developer walks away from the job and moves, they can settle down with millions. I is ttrue though for rent, food etc.
- jjeaff 8y ago
  >they can settle down with millions Yes, assuming an ever upward trend that never crashes. Which everyone should know by now will not likely be the case.

UK-Al05 8y ago

Oil rig workers generally are paid well and in low cost areas.

ojbyrne 8y ago
At the peak of the fracking boom, Williston, North Dakota had the highest rents in the country: https://www.minneapolisfed.org/publications/community-dividend/north-dakota-oil-boomtown-has-nations-highest-rent https://www.minneapolisfed.org/publications/community-divide...

adventured 8y ago

Overall the energy sector is still the best paying. Median compensation for energy sector employees: $123k (tech is at $96k). https://www.bloomberg.com/news/articles/2018-07-05/shale-country-upstages-silicon-valley-in-fat-paycheck-lure https://www.bloomberg.com/news/articles/2018-07-05/shale-cou...

sidlls 8y ago

Because of the demographics at HN and my tenure in the tech industry and lack of it in others on that list.