2 ms·
I've found wages to be increasing, but not necessarily against inflation. General trends I've gathered (opinionated loose observations): - Wages in smaller
by skhameneh 4y ago
I've found wages to be increasing, but not necessarily against inflation.
General trends I've gathered (opinionated loose observations):
- Wages in smaller cities have increased the most.
- Costs of living in smaller cities have greatly increased relating to remote work and current events.
- Wages have greatly increased at the very top and upper bottom.
- Median wages have increased the least and often not kept up with inflation.
- Wages at the very bottom haven't changed much.
Personally, I don't believe my wages have kept up with inflation and cost of living. ~10 years ago I was on salary without stock and my current base pay is ~16% lower, my target TC is only 35% higher, but reality is looking more like 20% more. If I were to target 5% growth in pay per year, the increase should be closer to 62%. And keep in mind housing costs have more than doubled...
All of this completely ignores career growth, my title is higher than it was 10 years ago.