Re:Netflix CEO explains why he pays technologists huge salaries
by TuringNYC on Monday September 28, 2020 @02:28PM
(#24619805)
>> In my opinion a huge role in the raise of IT people salary is their tendency to brag about their salary, one way or another.
In my opinion a huge role in the raise of tech salaries is simply constrained real-estate in the bay area. Just looking at rents and homeprices, I wonder if cost-of-living adjusted salaries have actually gone up much in the bay area.
However...it does set the bar for the country overall, which is good for everyone.
Secondly, i'm not sure about brag but I think tech companies have realized that skin-in-the-game has resulted in shared success. This is also great for everyone -- companies, and workers.
In my opinion a huge role in the raise of tech salaries is simply constrained real-estate in the bay area. Just looking at rents and homeprices, I wonder if cost-of-living adjusted salaries have actually gone up much in the bay area.
However...it does set the bar for the country overall, which is good for everyone.
Secondly, i'm not sure about brag but I think tech companies have realized that skin-in-the-game has resulted in shared success. This is also great for everyone -- companies, and workers.