7 ms·
Overinflated relative to the wet dreams of the ownership class.
by schmidtleonard 6mo ago
Overinflated relative to the wet dreams of the ownership class.
- gruez 6mo agoIt's not exactly stuff of "wet dreams of the ownership class" to say that of the possible white collar careers, software engineering is pretty hard to beat in terms of salary vs work you need to put in.
- schmidtleonard 6mo agoThis is a story of other careers having salaries pushed down relative to inflating essentials and the resulting economic surplus being squeezed into asset portfolios. It's a story of rich people getting paid for being rich in proportion to how rich they are and soaking up more than 100% of economic growth for the last 50 years. Not a story of software engineers working for a living and getting what would have been a blue-collar salary for it.
- financltravsty 6mo agoCompensation is usually more tightly coupled with leverage, rather than "work."
- mono442 6mo agoAverage salaries for software engineering seem higher compared to other professions because the jobs are mostly in the most expensive to live cities. There's no swe jobs in smaller towns but they're jobs for e.g. accountants.