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People in tech don't realize just how lucky they are. I'm 20 with no wife or kids, and I'm making more per year than certainly almost all of my friends will be

People in tech don't realize just how lucky they are. I'm 20 with no wife or kids, and I'm making more per year than certainly almost all of my friends will be making after they choose to actually finish college and get a salaried job. However, I'm told by people that myself and my colleagues are getting underpaid (we work at a startup). Ridiculous.

nthj 14y ago
> However, I'm told by people that myself and my colleagues are getting underpaid (we work at a startup). That's how “market rate“ works. A profession's salary has nothing to do with what you deserve and everything to do with how your specific combination of skills are valued by the free market.
- vhiremath4 14y ago
  I agree. I didn't phrase my comment correctly. I suppose what I'm really amazed by is the fact that those people don't seem to understand why I'm not angry about my situation. I don't know. Maybe it's because I've been lucky enough to have parents who have exposed me to extreme poverty at a young age (several trips to India). There are just too many wrongs in the world for someone like me to be complaining about not being able to save up for shiny new product X, Y days earlier because my employer isn't paying me 10s of thousands of dollars more on top of the 10s of thousands of dollars I'm already making.
  - revelation 14y ago
    Yes, humility is important, but it doesn't mean you should be exploited by someone who has no such qualms at all.
  - nthj 14y ago
    > There are just too many wrongs in the world for someone like me to be complaining about not being able to save up for shiny new product X, Y days earlier I don't complain when a startup can't afford me, it's just business. But I also don't work for them.
  - bearmf 14y ago
    It is ridiculous that people judge whether you should or should not be angry/happy/sad etc. with your situation. It is impossible to judge correctly, all people need different things to be happy. Assuming that money is the universal measure of happiness is usually wrong. That is probably why you sound happier than the guy in the OP.
khuey 14y ago
You can be simultaneously underpaid and making significantly more than your friends ...
nilkn 14y ago
Two different definitions of "underpaid" are in operation here. The one you're using has to do with how much you deserve as a person. You see yourself as no different from your friends. You pursued something that interested you and it led you to a job. They are probably doing the same thing. Yet here you are making more than all of them. What have you done to deserve that? Most likely, nothing at all. You were lucky to enjoy something which led you to this end. You never sought out money; you just ended up getting what seems like more than your fair share of it. The other definition, the one that almost everybody here on HN will use, is one devoid of human connections. It's just about what the market rate is in comparison to how much value, dollar-wise, you produce for the corporation you work for.

nthj 14y ago

> However, I'm told by people that myself and my colleagues are getting underpaid (we work at a startup). That's how “market rate“ works. A profession's salary has nothing to do with what you deserve and everything to do with how your specific combination of skills are valued by the free market.

vhiremath4 14y ago
I agree. I didn't phrase my comment correctly. I suppose what I'm really amazed by is the fact that those people don't seem to understand why I'm not angry about my situation. I don't know. Maybe it's because I've been lucky enough to have parents who have exposed me to extreme poverty at a young age (several trips to India). There are just too many wrongs in the world for someone like me to be complaining about not being able to save up for shiny new product X, Y days earlier because my employer isn't paying me 10s of thousands of dollars more on top of the 10s of thousands of dollars I'm already making.
- revelation 14y ago
  Yes, humility is important, but it doesn't mean you should be exploited by someone who has no such qualms at all.
- nthj 14y ago
  > There are just too many wrongs in the world for someone like me to be complaining about not being able to save up for shiny new product X, Y days earlier I don't complain when a startup can't afford me, it's just business. But I also don't work for them.
- bearmf 14y ago
  It is ridiculous that people judge whether you should or should not be angry/happy/sad etc. with your situation. It is impossible to judge correctly, all people need different things to be happy. Assuming that money is the universal measure of happiness is usually wrong. That is probably why you sound happier than the guy in the OP.

khuey 14y ago

You can be simultaneously underpaid and making significantly more than your friends ...

nilkn 14y ago

Two different definitions of "underpaid" are in operation here. The one you're using has to do with how much you deserve as a person. You see yourself as no different from your friends. You pursued something that interested you and it led you to a job. They are probably doing the same thing. Yet here you are making more than all of them. What have you done to deserve that? Most likely, nothing at all. You were lucky to enjoy something which led you to this end. You never sought out money; you just ended up getting what seems like more than your fair share of it. The other definition, the one that almost everybody here on HN will use, is one devoid of human connections. It's just about what the market rate is in comparison to how much value, dollar-wise, you produce for the corporation you work for.