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Re:Ask HN: How to increase SWE salaries in Europe? by arcticbull on Wednesday January 13, 2021 @10:08PM (#25771359)
Sure, but reducing inequality is as much about pulling the bottom up as it is pulling the top down. If you bring people closer together you solve both (1) and (2).
Re:Ask HN: How to increase SWE salaries in Europe? by sidlls on Wednesday January 13, 2021 @10:11PM (#25771378)
But you're all over the place arguing that pulling some in the bottom (SWEs) up will increase inequality.

Unless you believe--quite wrongly--that SWEs aren't in the bottom....

Re:Ask HN: How to increase SWE salaries in Europe? by oblio on Thursday January 14, 2021 @03:58AM (#25773897)
I'd be shocked if software engineers aren't in the top 10% in the US.
Re:Ask HN: How to increase SWE salaries in Europe? by sidlls on Thursday January 14, 2021 @09:28AM (#25776633)
The top 10% requires an income of about $160k/year. Quite a few software engineers in high and very-high cost of living areas make that--but the vast majority don't.

See: https://www.investopedia.com/personal-finance/how-much-incom...

Look at the wage growth for the 90th - 95th (top 10% to top 5%): it's in the bottom.

The distribution of salary for Senior SWE is found, e.g., at https://www.salary.com/research/salary/alternate/senior-soft.... The median is $115k, the 90% is $130k--still not the top 10%. Even when you bonuses the salary curve shifts right by less than 10% (e.g. median goes to about $116k, 90% outlier to $138k).

Some 4 million people in the US work as software engineers (https://en.wikipedia.org/wiki/Software_engineering_demograph...). FAANG accounts for, what, 1% - 2% of that? Maybe a bit more, but not much. The vast majority don't have high TC, most of them are paid a flat salary with a modest bonus and either have ESPPs or no equity at all.

Software engineers are laborers, in effectively the same social class as manual laborers. Our economic circumstances are better, but not that much better.

Your comment is a great example of how the huge inequality gaps and the infotainment media have distorted perceptions among workers.