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| ▲ | ehe78qhe 4 hours ago | parent | next [-] |
| When they're paying $125k instead of the market rate of $200k + equity, absolutely. Six figures isn't what it used to be. I know families making low six figures who are struggling financially because the cost of living is so high now, especially food, gasoline, healthcare, and housing. |
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| ▲ | well_ackshually 3 hours ago | parent [-] | | Golly gee if only that was a sign that the market is being highly distorted by the high six figure salaries, therefore demonstrating that there's no wage suppression... > I know families making low six figures who are struggling financially because the cost of living is so high now, especially food, gasoline, healthcare, and housing. Let's be very honest here: the only two in there that have massively increased are housing (due to the aforementioned non existent wage suppression) and healthcare (because america can't into healthcare). Families making 50k do more than fine when it comes to food and gasoline, merely because they don't have 4k of rent to pay. | | |
| ▲ | ehe78qhe 2 hours ago | parent [-] | | You must be living under a rock if you think the price of gas or food hasn't changed recently, or that $50k is easy for a family to live on in the US. Or that the price of gas is currently caused by high wages. And no, I don't live in a major city where rent is $4k. | | |
| ▲ | hardbass 2 hours ago | parent [-] | | I agree. We should kick out whichever government caused the gas and food prices to rise so high. |
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| ▲ | saturn8601 3 hours ago | parent | prev | next [-] |
| If the "shitty ass Go service" is delivering the value that software typically does then yes. The whole reason the wages were so high to begin with compared to something like a gas station clerk is that the clerk is delivering value for at most one customer at one time. Software allows a task that could only be done manually once at a time by one person to be infinitely replicated and scalable at speeds that no single human could do, and that value only requires one person to invest resources to develop it once. Afterwards you got that multiplier of value generated. This should be obvious but im merely describing the miracle of computing. So if that software is generating the multiplier of value it is entirely plausible that the company is not providing appropriate compensation to the person tasked with developing that multiplier. |
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| ▲ | kentm 3 hours ago | parent | prev | next [-] |
| Just because they are high doesn't mean they are high as they should be. Big tech companies were pulled into lawsuits several times over wage suppression tactics and ended up settling. |
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| ▲ | Kevin_Flynn 3 hours ago | parent | prev [-] |
| > fully abused to suppress wages We should all bear in mind, every government program is a market price distortion, and the workers are going to keep working. Who they work for is all that has changed. |
