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Probably wouldn't provide reliable data. One of the major factors that would have driven up tech salaries was if some of the biggest and most profitable tech co
by InclinedPlane 13y ago
Probably wouldn't provide reliable data. One of the major factors that would have driven up tech salaries was if some of the biggest and most profitable tech companies (indeed, some of the most profitable companies in history) such as Apple, Google, etc. were openly competing to try to lure talent to their companies through financial incentives.
Likely, compared to other industries tech workers were nevertheless handsomely paid, but I think this is still an example of abuse of power.
It's all the more worrisome because the changes in the nature of the stock market and so forth have made it that much more difficult for top tier tech workers to become rich. That used to be the pattern in the '80s and '90s, there are thousands of millionaires who worked at apple, microsoft, etc. for only a decade but were around during those companies' crucial early growth phases. Today I think that phenomenon is much less common except with extremely early stage employees. A lot of startups are the brain children of the sort of top tier techies who made it rich working at various vast growing companies. That variety of wealth is, I believe, very important to the vitality of the industry. But for various reasons it seems to have been significantly curtailed in the last decade or so, but if there is a more competitive marketplace for salaries in the tech field then that would go a long way toward bringing it back.