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How can you explain the drop of salaries despite inflation?

• sbuccini 4y ago
  Couple of potential ideas off the top of my head: - continued rise in remote jobs means larger percentage reports from lower cost-of-living areas, pulling down the average. - pull-back in tech markets reduces the dollar-denominated equity piece of compensation - balance of power is shifting back to employers given current market sentiments
• comte7092 4y ago
  These are aggregate metrics. As such, individuals may have seen their salaries stay the same or even go up, but if the employees at the top of the pay scale are removed (layed off, or even a simple selection bias in the dataset), the median will still drop.
  • madboston 4y ago
    Also wouldn't the dataset being from different number of people affect this? During 2021 probably much more people with higher pay self reported their pay on the website and 2022 just didn't see that much contribution?
    • comte7092 4y ago
      The number shouldn’t really matter as long as the 2022 number was of sufficient size. The primary concern is whether or not they were truly random/unbiased samples, which, is unlikely given that the data is self reported.