5 ms·
This is maybe a bad example because it is exactly how people talk about compensation. I’ve never heard anybody say “oh I made $70k last year after taxes and ren
by intuitionist 7y ago
This is maybe a bad example because it is exactly how people talk about compensation. I’ve never heard anybody say “oh I made $70k last year after taxes and rent.”
- vbtemp 7y agoThey would if people were cash-flow producing assets to be bought and sold.
- sdinsn 7y ago> I’ve never heard anybody say “oh I made $70k last year after taxes and rent.” Really? That's pretty much how I and everyone I know talks about compensation.
- function_seven 7y agoThey subtract their rent? Really? Taxes I understand. Or even 401(k), or benefits, or whatever else is between Gross and Net. But I've never heard someone deducting certain categories they spent their income on. Maybe this is a regional thing?
- inerte 7y agoI think nappy-doo's point is what happens when taxes, mortgage, health insurance, food, shopping, etc is NOT taken into account. If you make $100k but spend $150k you're in the red, doesn't matter how effusively you celebrate making $100k.
- hangonhn 7y agoDamn. That actually would be a better way of talking about compensation. It would seriously deflate some of the SV compensations and make other locations look more attractive.
- richardknop 7y agoI think nobody would say I made $70k after rent last year. But net salary is what people often mention or look at when considering offers. So, my net salary / take home pay is $X is what is normally talked about between people etc.