Re:Where our economy is, for the young
by read_if_gay_ on Friday October 02, 2020 @02:09PM
(#24665304)
In terms of what it'll do for you, an extra $1000 at $20,000 p.a. is definitely a bigger increase than $2500 when you're making six figures.
Measuring these things in percentages hides the fact that the underlying numbers are immensely different. Perhaps if we reported numbers differently, we would say that the pay increase for the high-paid worker was 2.5x the pay increase for the low-paid worker.