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I'd say tech salaries have been waaaay ahead of inflation in the last 10 years. When I was a junior, even a third of my current salary would be life-changing.
by muzani 5y ago
I'd say tech salaries have been waaaay ahead of inflation in the last 10 years.
When I was a junior, even a third of my current salary would be life-changing. Now the life changing bar is probably around half my current salary. Except back then you could only make the current salary as a manager, now it's just a mid range IC. Some other fields like accounting jobs hasn't caught up, so we're in a really good spot.
Corona and remote working also torpedoed real estate prices, so now the primary cost of living (homes) have become much more affordable. So inflation is not the only thing to look at.
- flerovium 5y agoWhat about during the last couple years of the pandemic?
- muzani 5y agoThere was a surge in salaries in my area (Malaysia), but I don't think it applies globally. Part of the reason was that the tech shortage + forced remote work meant employees from Australia etc were looking into other countries.