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> If a few companies weren't bringing in stupid high revenues, the entire HCOL compensation for the industry would collapse. It'd return to something closer to
by jjav 6y ago
> If a few companies weren't bringing in stupid high revenues, the entire HCOL compensation for the industry would collapse. It'd return to something closer to what we saw in 2005 before the rise of the megagiants with more money than God.
The companies I worked for in the 90s, well before goog or fb existed, had location-based salary tables.
There's nothing post-2005 about this.
- UncleMeat 6y agoLocation-based salary tables aren't new. But salaries that are 5x above the US median for software engineers are. We didn't have such a huge stratification in the past.