6 ms·
~$90k is now peanuts. Interesting.
by vermilingua 8y ago
~$90k is now peanuts. Interesting.
- monocasa 8y agoThat's less than 30k in 1980 dollars. Yeah, that's next to nothing.
- checkyoursudo 8y agoFor example: http://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ http://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-...
- losvedir 8y agoEr, what? Are you thinking of "$30k" in today's terms. $30,000 in 1980 was a lot of money! That's more than $90k in today's dollars...
- zanny 8y agoIf you took the doubling of productivity since 1975 and inflation adjusted the median income from then ($7750) you would get about $68,000. In practice wages haven't risen against productivity and GDP so the real figure is $45,000. To make it look even worse, the GDP tripled but population only rose 50%, so if you adjusted wages against total economic growth instead of productivity median should be around $110,000. Median. So yes, $90k is pretty much peanuts for how much money an embedded engineer would be on average making for their employer.