3 ms·
To be clear, I'm not implying that the current market rate wage is a fair one. It's entirely possible that, had real median wage kept its pace with economic an
by pcurve 12y ago
To be clear, I'm not implying that the current market rate wage is a fair one. It's entirely possible that, had real median wage kept its pace with economic and productivity growth, the market rate would be much higher.
But the $75k equals happiness is largely predicated on it being significantly higher than median wage.
If all other companies followed suit and pay the same amount, we'd have to move the yardstick much higher than $75k.