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My friends in the last 4 years got 2x/3x salary increments without COVIDs help. Tech inflation has been happening for a while now for the small minority. I th
by spyckie2 5y ago
My friends in the last 4 years got 2x/3x salary increments without COVIDs help.
Tech inflation has been happening for a while now for the small minority.
I think COVID just caused more people to tap into it because of some of the reasons you listed. So inflation isn’t COVID caused, but the excess market movement is.
- dsizzle 5y agoCan you clarify what "2x/3x salary increments" means? Are you saying people are tripling their salary? Or do you mean, like, 3x a normal (~3%) raise, or whatever?
- sillysaurusx 5y agoTripling your salary isn't unheard of. It's pretty common to start at $50k, then $100k the next job, and end up somewhere for $200k.
- dsizzle 5y agoThat trajectory seems believable over several years, but I thought people were talking over the last several months. (Also, I'd say even that trajectory is somewhat unusual, without something significant changing like a getting a degree or location change from a third tier city to SV, or something.)