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Article was unreadable on mobile due to huge white box for a small banner ad that followed scroll at the top with a second massive uncloseable ad at the bottom,
by tristor 4y ago
Article was unreadable on mobile due to huge white box for a small banner ad that followed scroll at the top with a second massive uncloseable ad at the bottom, forcing a clickthru if you tried to scroll. Site is cursed.
That said, based on what’s been shared in the thread, I’ll just say two things:
1. $100k isn’t what it used to be. When I started my career a $100k base seemed great, JUST off inflation it’d need a $155k base today to have the same purchasing power. CPI inflation doesn’t fully account for how crazy localized housing is in tech hubs either.
2. As a percentage share of the value generated by each engineering headcount, our earnings have gone down as profits have gone up. The current reality is meaningfully less equitable than in the past, including in stock equity and share dilution.
There’s a lot of hemming and hawing happening in the world because tech workers are relatively better off than other workers, but we still are objectively being harmed by inflation and widening inequality between workers and the executive/capitalist class. The fact we are scraping by does not discount the facts above.