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A comment on Banks scramble to fix old systems as IT 'cowboys' ride into sunset. Parent comment

Re:Banks scramble to fix old systems as IT 'cowboys' ride in... by chx on Tuesday April 11, 2017 @12:06AM (#14084770)
Yeah that was odd, already back in 2009 I was making 135K as a PHP sr developer/architect so I am not sure why six figures is such a big deal. This sort of stuff needs to be six figures where the first is at least 2 if not 3. If we are talking of an agency, it needs to bill 500 an hour and hand over half of that.
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Re:Banks scramble to fix old systems as IT 'cowboys' ride in... by braveo on Tuesday April 11, 2017 @08:43AM (#14087116)
You always have to take into account location. $100k/year in NY and Arkansas are completely different beasts.

I've been online for many many years and I STILL do not understand why people miss this simple idea.

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Re:Banks scramble to fix old systems as IT 'cowboys' ride in... by dllthomas on Thursday April 13, 2017 @12:03AM (#14104080)
I see a lot of that, too. But I also see a different error, of treating cost of living as multiplicative.

Once you are making noticably more than you are spending, earning 2x and spending 2x means you're keeping 2x.

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