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The median *household* income in the US is around 80K. That's well below the *starting* income for a FAANG engineer.
by jghn 4y ago
The median *household* income in the US is around 80K. That's well below the *starting* income for a FAANG engineer.
- triceratops 4y agoThat's the point GP is making. FAANG salaries aren't too high, median salaries are too low.
- fzeroracer 4y agoYes, thank you. That's the exact point I've been getting at. Median salaries for workers in the US is far too low and should be brought up, rather than fighting to bring FAANG engineers lower which is exactly what businesses want.
- ChuckNorris89 4y ago>Median salaries for workers in the US is far too low and should be brought up But how do we do this?
- jghn 4y agoI agree with this, but that's a separate argument. I suppose if one viewed "middle class" as a state of being and not as in middle/median, then sure.
- deleted 4y ago[deleted]
- satvikpendem 4y agoI think the point they're making is that salaries should be higher, given the discrepancy between productivity and pay that started appearing in the 70s [0]. [0] https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/