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Re:Wikipedia is swimming in money–why is it begging people t... by zozbot234 on Monday May 31, 2021 @06:37AM (#27342551)
Wikipedia is not a dot-com. And their executive compensation is hardly "sky-high"; it amounts to a FAANG middle manager's salary, for a positive impact on the world that's easily as high as that of any FAANG.
Re:Wikipedia is swimming in money–why is it begging people t... by bomdo on Monday May 31, 2021 @06:52AM (#27342644)
For others interested in this, Wikimedia salaries are all public [0].

[0] https://meta.wikimedia.org/wiki/Wikimedia_Foundation_salarie...

Re:Wikipedia is swimming in money–why is it begging people t... by potamic on Monday May 31, 2021 @11:38AM (#27345123)
Chief of Community Engagement

Chief Community Officer

Chief Talent and Culture Officer

Chargée d'affaires

Chief Global Development Officer

Chief Creative Officer

Chief Communications Officer

Chief Revenue Officer

VP of Strategic Partnerships

55 million USD in annual salary expenses seems a bit high, even more so for a non-profit. I have seen startup unicorns spend less on salaries. I think there really needs to be some scrutiny into how funding is being spent.

Looking at the list of execs there I really have to question what role they play and how their compensation is justified. It's not just their individual salary either. At their level they have entire organizational hierarchies working under them and the collective salaries can add up. What precisely are they contributing to the movement?

I can't imagine the kind of things Wikipedia needs to do that needs such roles. These guys should be focusing on product and tech primarily. They have a solid product which hasn't changed in years and a strong brand. They have a singularly unique and special thing in this world and need to protect it as sacred. They need to focus on maintaining and scaling this system for eternity instead of experimenting and branching offshoots into community engagement, strategic partnerships, ambassadoring and all that crap.

Re:Wikipedia is swimming in money–why is it begging people t... by lrem on Monday May 31, 2021 @12:55PM (#27345982)
For a second I thought that someone in Wikimedia is getting a 55M salary. But no, we're talking about one person earning 375k and a bunch of ~200k. The 55M is for the total ~450 employees. It's really far from outrageous.

Sure, some of these positions sound a bit surprising. But, having checked just the last one, it existed only for a part of 2016. So, eh, what's your point again?

Re:Wikipedia is swimming in money–why is it begging people t... by zozbot234 on Monday May 31, 2021 @12:15PM (#27345560)
Much of this stuff is needed in some form. It's the kind of things that random Internet volunteers don't do well. And with the unique opportunity that Wikimedia has of establishing the broader free-knowledge and free-content movement as a leading force in global education, I think we should be happy that significant resources are being used to pursue this strategic goal.
Re:Wikipedia is swimming in money–why is it begging people t... by SirSourdough on Monday May 31, 2021 @12:10PM (#27345494)
It’s a community-edited encyclopedia with thousands of contributors and billions of users, I feel like community engagement is very central to that. Global development also seems central to scaling their core product. Communications is likewise no surprise for an organization of their scale and global importance.

Obviously there’s a debate to be had about what and how much Wikipedia should engage in other ventures but even for their core work a lot of these roles seem pretty reasonable...

Re:Wikipedia is swimming in money–why is it begging people t... by kqr on Monday May 31, 2021 @12:10PM (#27345496)
"Let's just do the one thing we've always been doing, that will surely work forever" said Kodak, manufacturers of carburetors, Blockbuster, GM, I don't know, Sears, and many others. The road to stagnation and eventual failure is littered with their corpses.

The ones that made it through were specifically the ones that embraced and prepared for change, by running parallel long-shot projects and branched out from doing whatever they were doing before.

Re:Wikipedia is swimming in money–why is it begging people t... by chasil on Monday May 31, 2021 @12:04PM (#27345405)
In my youth, my parents spent quite a bit of money on a Funk & Wagnal's encyclopedia set. I do not regret my $20 donation, as I've received far more in return.

However, this seems like excessive marketing for an organization that does not produce a physical product (unlike Funk & Wagnal's).

I have seen less online criticism of WikiPedia accuracy of late; perhaps this is the result of the marketing dollars. If true, it is good, but it could likely be done with marketing efforts a fraction of the size.

Re:Wikipedia is swimming in money–why is it begging people t... by TheAdamAndChe on Monday May 31, 2021 @07:09AM (#27342754)
As someone who worked in a sandwich shop to survive while going to college($7.5/hr, 30 hrs/week), I can't imagine the universe some people live in where an income of $375,000 doesn't seem sky high. It's like there is a section of people who live in a different world.

I understand that it isn't much for an executive, but then that stuns me even more.

Edit: median US salary is around $70k. This executive's pay is over 5x median income. Those who say it's not a lot are disconnected from the way that most people in the country and the world live.

Re:Wikipedia is swimming in money–why is it begging people t... by nlitened on Monday May 31, 2021 @07:24AM (#27342860)
On the same HN front page there has _just_ been a "senior developer drunk post", where a guy was complaining that full stack developers are being paid peanuts, and they deserve a compensation of at least 500k USD—and the comments were cheering "amen to that".

I don't understand anything about US IT salaries anymore.

Re:Wikipedia is swimming in money–why is it begging people t... by PragmaticPulp on Monday May 31, 2021 @11:38AM (#27345119)
The $500K developer trope is getting out of control. The truth is that there are a small number of companies in a small number of locations paying those high salaries to a small number of highly talented developers. Once you enter that bubble it can feel like everyone around you is earning the same amount and therefore you can’t understand why everyone else in the US isn’t doing the exact same thing.

In reality, the number of developers making $500K is relatively small. Even in California, the median developer compensation is a fraction of that. FAANG companies can have admission rates that are more selective than Ivy League universities, and they don’t even hire in most cities in the US.

This causes a lot of compensation confusion and anxiety for young people who grow up reading HN comments and snarky Reddit posts when their first job offers don’t come anywhere near the $300K to $500K range that they read about online. It also causes a lot of grief for developers who think they’re overworked and underpaid because it seems like everyone on HN casually acts like $500K is the going rate for being able to spin up a React project.

Re:Wikipedia is swimming in money–why is it begging people t... by pmoriarty on Monday May 31, 2021 @12:43PM (#27345884)
"there are a small number of companies in a small number of locations paying those high salaries to a small number of highly talented developers"

Are they really that talented, or are they just good at whiteboarding algorithm questions that they almost never actually use on the job?

Re:Wikipedia is swimming in money–why is it begging people t... by lrem on Monday May 31, 2021 @01:02PM (#27346060)
A PhD and being good at whiteboarding (I've started algorithmic challenges at around 10yo) got me a L3 job. Which levels.fyi values at a total of $190k, but in my location was actually around €100k. Anything above that, you have to show something more valuable than coding on a napkin.
Re:Wikipedia is swimming in money–why is it begging people t... by PragmaticPulp on Monday May 31, 2021 @12:53PM (#27345970)
It’s a myth that whiteboarding problems are the only criteria used in FAANG interviews. Being able to complete coding challenges is necessary but not sufficient for getting one of these jobs.

These companies that spend $300K or more on their developers aren’t keen on keeping under-performers around, either.

The idea that you can bluff your way into a FAANG job by memorizing enough LeetCode problems yet by somehow remaining an under qualified programmer is a myth.

Re:Wikipedia is swimming in money–why is it begging people t... by pmoriarty on Monday May 31, 2021 @01:01PM (#27346045)
Ok, I'll bite, please tell me what makes your average FAANG hire so much better than the rest.
Re:Wikipedia is swimming in money–why is it begging people t... by dehrmann on Monday May 31, 2021 @12:33PM (#27345767)
> FAANG companies can have admission rates that are more selective than Ivy League universities

I've heard this comparison before, but I'm not sure how meaningful it is because the Ivies charge an application fee. There isn't much cost to applying to FAANG and hoping for the best.

Re:Wikipedia is swimming in money–why is it begging people t... by MonkeyClub on Monday May 31, 2021 @07:37AM (#27342963)
Oh, but US IT salaries are very easy to understand!

They're too high, though not high enough.

We've become the new priesthood. People who complain that sacrificing one calf to us each year would do well to be reminded that we're not demanding one child per year.

Re:Wikipedia is swimming in money–why is it begging people t... by PaulDavisThe1st on Monday May 31, 2021 @12:09PM (#27345472)
Re:Wikipedia is swimming in money–why is it begging people t... by MonkeyClub on Monday May 31, 2021 @07:36PM (#27349274)
Spot on!
Re:Wikipedia is swimming in money–why is it begging people t... by javagram on Monday May 31, 2021 @09:28AM (#27343858)
Probably not the same people writing comments, but also I think everyone has a bias towards being told people with their job should be paid more :-)
Re:Wikipedia is swimming in money–why is it begging people t... by jiofih on Monday May 31, 2021 @09:15AM (#27343755)
That’s a joke. $200k is a high developer salary if you ignore the TC amounts thrown around which are due to stocks popping in the past 3 years.
Re:Wikipedia is swimming in money–why is it begging people t... by pirate787 on Monday May 31, 2021 @10:45AM (#27344571)
There are 3 or 4 non-tech or semi-tech people around every dev in most operations. It is easy to make the case that the devs are worth at least 5x and great ones worth 10x
Re:Wikipedia is swimming in money–why is it begging people t... by speeder on Monday May 31, 2021 @07:45AM (#27343036)
I don't understand why people are downvoting you.

I am from Brazil, mentioned in the article. I see wages of 60k USD year as a dream job (by the way, if you need a C or Lua dev, and don't want me to relocate to an expensive place to live, I am for hire, for that price tag, I really need it. I currently make around 11k USD year)

Re:Wikipedia is swimming in money–why is it begging people t... by irae on Monday May 31, 2021 @09:22AM (#27343802)
I am from Brazil, I've been working remotely for US companies for 4+ years. Here's some advice: Open an EIRELI type of company (not a MEI), find a job that give you equity as a person and a salary as a company contractor. Ask for no benefits. Should not be that hard to find a job, since US pays so much. You will have to setup yourself health insurance and other stuff, so don't go for 60k, as there will be taxes involved too. Ask for 80k minimum because of all that.
Re:Wikipedia is swimming in money–why is it begging people t... by NoOneNew on Monday May 31, 2021 @07:52AM (#27343089)
I survived by doing landscaping and construction labor. You really know you're earning your nickels and dimes in the Florida summers when you work those jobs. Imaging a universe where people make $500k+ is pretty easy. I mean, let's be serious for just a minute. This is a tech focused community. Programming, IT, computer science, you didnt really get into this line of work because of the glamour, the guaranteed spot in line to heaven, or because a Thumbs Up equals a bag of rice to someone in need. Beginning at late Genx to early millennial, you're in this for the money. Gates, Dell, Jobs, and the other early titans are why you're in this. You wanted that and you know it. Now, the tech community is riddled with anxiety, depression and disillusionment all due to the golden handcuffs dilemma. Or just not quite cut out for the industry and not accepting that fact. Other industries at least are self aware enough to see the handcuffs and shortcomings. You're just better at lying to yourself than a stockbroker lying to the SEC. Being surprised that someone in tech wants a high 6 figure paycheck is like being surprised a bottle of Snake Oil doesn't cure cancer. Just stop and grow up.
Re:Wikipedia is swimming in money–why is it begging people t... by exdsq on Monday May 31, 2021 @08:30AM (#27343387)
I'm in tech because I enjoy it. There's something fun about programming - it's similar to the logic puzzles I play in my own time. If we're on HN, probably on a bank holiday for most of us, then I assume if you read this you enjoy it too. I don't know anyone who got into tech for the money - much easier to earn more in IB/Quant Trading.
Re:Wikipedia is swimming in money–why is it begging people t... by mehdix on Monday May 31, 2021 @10:44AM (#27344563)
I can only second this. I entered software because I enjoyed making things with little computing devices. It was unlocking many new possibilities compared to a non-IT job that I could never do otherwise, since we had not much resources in our disposal.
Re:Wikipedia is swimming in money–why is it begging people t... by TomVDB on Monday May 31, 2021 @08:25AM (#27343343)
Have you considered the possibility that there are those who were drawn to that screen, and making it do what they want, at very young age, and never lost that sense of wonder and accomplishment when it did?

I do think that the sky high salaries are ridiculous compared to societal contributions of, say, a nurse or a teacher. But I also like very much that I get them for doing a job that I still do with a small on my face.

Re:Wikipedia is swimming in money–why is it begging people t... by IQunder130 on Monday May 31, 2021 @09:41AM (#27343950)
As someone who has been through school I would like to dispute the average teacher having any "societal contribution".
Re:Wikipedia is swimming in money–why is it begging people t... by strken on Monday May 31, 2021 @11:36AM (#27345089)
I used to write computer programs on the toilet when I was in primary school, using an old thinkpad my dad got for cheap when his work upgraded to newer models, and a $5 copy of vba5 from a garage sale. My pride and joy was a reader I built for my downloaded webcomics collection, which I coloured lime green in a rebellion against all known UX principles. At some point someone gave me $10 for making a bootable cdrom that opened a webpage, back when computers executed arbitrary code when you inserted external media, but until university that was the full extent of my income.

I got into this line of work because it's fun. It's still fun. If I didn't get paid I'd do it for free, although "it" would be lime green hobby projects rather than the productive and tasteful work people employ me to do.

Re:Wikipedia is swimming in money–why is it begging people t... by ascar on Monday May 31, 2021 @11:24AM (#27344964)
There definitely are a lot of people moving into computer science for the money, but there are also many people doing it because they enjoy solving the problems. I would argue the people who deserve the high salaries, the "10x" engineers, are more often the latter than the former and the rest just gets dragged along.

Personally I recently quit my high paying industry job and moved to an engineering heavy PhD position (HPC), because I enjoy solving complex problems.

Re:Wikipedia is swimming in money–why is it begging people t... by _game_of_life on Monday May 31, 2021 @05:36PM (#27348215)
>Beginning at late Genx to early millennial, you're in this for the money.

Huh, this is interesting, maybe in some areas of America? But broadly speaking... Outside of America, no. Take a look at even senior dev salaries in Canada.

They're equivalent to master's of social work positions, oftentimes less. Having had education and work experience in both social work and computer science, I can tell you that if you want a stable, low-stress job that requires an "easy" degree, that MSW degree will serve you far better.

Not to mention that remote work is still rare. So that 90k senior AI research job, requiring a Phd at the Autodesk office in Toronto is... not great. Most computer scientists I know are happy with being middle class and just really enjoy the subject matter. Maybe this is rare in your area of the world?

Re:Wikipedia is swimming in money–why is it begging people t... by CrazyStat on Monday May 31, 2021 @12:49PM (#27345932)
Just to be clear, ~$70k is the median household income. The median individual income is about $50k for full-time employees [1].

Of course, this only makes your point even stronger.

[1] https://www.bls.gov/news.release/pdf/wkyeng.pdf

Re:Wikipedia is swimming in money–why is it begging people t... by thrwy_sv_v_eurp on Monday May 31, 2021 @02:22PM (#27346818)
I see you got downvoted, but I created this throwaway because I wanted to respond, because salary is not the same depending on where you live. Mine is an extreme case, but it is a real case:

I am a software engineer who used to live in the Bay Area but now live in Europe. In my country, my family is living off of a salary of 30000 (Euros, or about 36k USD). (This is my wife's salary, I'm not currently working). Our income officially puts us below the poverty line, so we pay 0% in income taxes.

With this 30k, about 50% goes to housing, about 1/6 goes to special needs schooling for one of my two children (they both need it, but the younger one's school is currently free), and the remaining 1/3 is for food and bills and misc. expenses.

We own a small, fuel efficient car that my wife drives while I bike or take public transportation. Our entire apartment runs on an average of 250W (servers, laptops, cell phones, electric stove) because everything is energy efficient. (LED lighting, double-pane windows, good applicances) We pay 10 euros a month for gigabit internet, 200+ channels, and unlimited calling to 150+ countries.

We live comfortably in a large (100 m^2) four bedroom apartment in a safe neighborhood (working class, but nice). We eat well, we can afford to go to restaurants occasionally, and even take the occasional vacation.

While we're not currently saving any money, because we have money saved up, we're not living hand to mouth, even though "technically" we are.

If we wanted to return to San Francisco, the budget would look something like this:

    * 60k Schooling for both kids
    * 60k Four bedroom apartment or split home
    * 30k Food, car, bills
Once you convert that to pre-tax in SF, you're looking at about 300,000 USD gross, just to maintain the same standard of living. That's a greater than 8x disparity in cost of living, mainly because of the social net here.
Re:Wikipedia is swimming in money–why is it begging people t... by a4isms on Monday May 31, 2021 @12:18PM (#27345604)
> Those who say it's not a lot are disconnected from the way that most people in the country and the world live.

I live in Canada. I earn much less than USD $375K/yr. But can we agree that I am very connected with how people live in other parts of the world?

Good. Now let me tell you that were my employer to ask me to move my family to the US, ANYWHERE in the US, I would want way more than $375,000/yr to duplicate the lifestyle we have now.

That’s just how it works when you move from a place with a safety net to one where losing your job could mean certain death.

And in my family’s case, I am not exaggerating: My partner is a cancer survivor. What would we have done if we were living in the US? Hire lawyers to fight with insurance companies for her treatment? What if I was laid off and lost my benefits right when she was diagnosed?

SHUDDER.

Were I to live in the US, I would want to be stinking, immorally rich. It’s the only way to insure yourself against disaster.

Re:Wikipedia is swimming in money–why is it begging people t... by mynameishere on Monday May 31, 2021 @01:08PM (#27346124)
What if I was laid off and lost my benefits right when she was diagnosed

She'd go on Medicaid. Anyway, quit watching so much TV. It's just propaganda.

Re:Wikipedia is swimming in money–why is it begging people t... by a4isms on Monday May 31, 2021 @01:50PM (#27346535)
The consensus in civilized countries is that US healthcare is a disaster. If you want to brush all that off as “propaganda,” fine, that’s your business.

But I don’t watch TV. I do things like read HN. Where I recall an essay on the front page a few years back where a wealthy tech founder cashed out and then tried to buy health insurance for their family.

Despite being wealthy, they reported that basically, it was impossible to get insurance that met their needs. They did not say “no problem, the whole family got medicaid.”

Now tell me: How many people in the US had medical bankruptcies last year? How about the year before? Or the year before that?

I’ll let you tell me, since you believe that I only watch propaganda on television, and you believe you have all the answers. What are these medical bankruptcies, if medicaid solves all problems?

Is all this propaganda spread by smug Canadians to boost immigration? I think not, but if you’re prepared to cite some numbers showing that nobody ever loses their home because of cancer or some other major health problem, I’ll gladly read what you share.

Re:Wikipedia is swimming in money–why is it begging people t... by colordrops on Monday May 31, 2021 @11:10AM (#27344803)
It's not high for a software engineer in California.
Re:Wikipedia is swimming in money–why is it begging people t... by malka on Monday May 31, 2021 @11:24AM (#27344962)
And I do not see a good reason to give money to a fundation so it can pay such high wages, because California.
Re:Wikipedia is swimming in money–why is it begging people t... by colordrops on Monday May 31, 2021 @01:25PM (#27346309)
That's your choice, and it's fine.
Re:Wikipedia is swimming in money–why is it begging people t... by pmoriarty on Monday May 31, 2021 @12:34PM (#27345787)
Executives usually do things that millions of much lower paid people could do just as easily... such as attend meetings, give powerpoint presentations, hobnob with other execs over expensive meals, hire and fire people, and give orders and pep talks to their underlings.

Even if they were paid ten times less (or a hundred times less, for execs making millions per year), there'd be lines of people a mile long willing to take their place, and probably do their job just as well if not even better.

Corporate boards and investors are deluding themselves that they need to pay astronomical rates to get people who can do these jobs.

Re:Wikipedia is swimming in money–why is it begging people t... by dehrmann on Monday May 31, 2021 @12:35PM (#27345816)
> I can't imagine the universe some people live in where an income of $375,000 doesn't seem sky high

It won't seem so sky-high once your universe also has $4k per month one-bedroom apartments and $2M single-family homes.

Re:Wikipedia is swimming in money–why is it begging people t... by OhNoMyqueen on Monday May 31, 2021 @08:11AM (#27343227)
I think it was bad wording. Those salaries are sky-high, but they're about average for those kinds of positions.
Re:Wikipedia is swimming in money–why is it begging people t... by justinclift on Monday May 31, 2021 @08:57AM (#27343601)
Any idea if the Wikipedia people getting those salaries are based in the US?
Re:Wikipedia is swimming in money–why is it begging people t... by SirSourdough on Monday May 31, 2021 @12:15PM (#27345565)
Wikimedia Foundation is headquartered in SF, so probably safe to assume a lot of executives getting those salaries are based there.
Re:Wikipedia is swimming in money–why is it begging people t... by CRConrad on Monday May 31, 2021 @06:19PM (#27348676)
So how about moving it somewhere else? What's so particularly encyclopaedic about San Francisco that it has to be based there?
Re:Wikipedia is swimming in money–why is it begging people t... by SyzygistSix on Monday May 31, 2021 @08:57AM (#27343596)
In a large city, with two kids, this is not an extravagant income. It's certainly a very good income, but a position like that deserves good compensation.
Re:Wikipedia is swimming in money–why is it begging people t... by pmoriarty on Monday May 31, 2021 @12:48PM (#27345921)
"a position like that deserves good compensation"

Why do they deserve that much compensation exactly?

The people who to my mind deserve high compensation are people who are risking their lives to help people, such as firefighters (who are often sadly volunteers and don't get paid anything), front line nurses and doctors, teachers in inner city schools or third world countries, Peace Corps volunteers, etc.

People whose job it is to hobnob with other high-paid execs over expensive lunches and give orders should be at the bottom of the pay ladder, not at the top.

Re:Wikipedia is swimming in money–why is it begging people t... by spoiler on Monday May 31, 2021 @09:38AM (#27343930)
Maybe it's not that much for a single in parent of two wanting a life that's beyond "just comfortable"?
Re:Wikipedia is swimming in money–why is it begging people t... by ksec on Monday May 31, 2021 @08:34PM (#27349596)
Since they dont have any Sub Coordinate, it seems those C title are basically doing everything themselves.

Edit: I think that Salaries are for Top Executive only. There are 450 [1] in Wikimedia. In the case 55M isn't that much.

[1] https://wikimediafoundation.org/role/staff-contractors/

Re:Wikipedia is swimming in money–why is it begging people t... by gogopuppygogo on Monday May 31, 2021 @08:46AM (#27343503)
None of those salaries are high compared to running a private company in a big American city.
Re:Wikipedia is swimming in money–why is it begging people t... by jiofih on Monday May 31, 2021 @09:13AM (#27343735)
Wikipedia is a non-profit foundation. $374k is a pretty damn good salary for a foundation.
Re:Wikipedia is swimming in money–why is it begging people t... by mratsim on Monday May 31, 2021 @10:04AM (#27344193)
If you want to attract the best talents you also need sufficient benefits.

A sense of purpose alone won't let you lodge in cities with high cost of living.

If anything, I dare say running a non-profit usually requires a lot more skills, especially people skills and passion than a tech job.

I'm not sure how it is in the US but in Europe there is this sense of entitlement when you talk to people that because you work at a non-profit you should work for free. If I give my valuable time to contribute to the world at large, I expect to be able to have decent living conditions.

Re:Wikipedia is swimming in money–why is it begging people t... by plutonorm on Monday May 31, 2021 @11:24AM (#27344959)
What do they have to do? Their only job is to keep the servers running. Everything else is a task they invented for themselves to earn more money.
Re:Wikipedia is swimming in money–why is it begging people t... by malka on Monday May 31, 2021 @11:38AM (#27345126)
beg to us every year.
Re:Wikipedia is swimming in money–why is it begging people t... by pmoriarty on Monday May 31, 2021 @12:52PM (#27345961)
"If you want to attract the best talents you also need sufficient benefits."

Oh come on! What talent do they need that a million much lower paid people don't have?

Re:Wikipedia is swimming in money–why is it begging people t... by jiofih on Tuesday June 01, 2021 @06:18AM (#27352520)
How did we go from $400k to “decent living conditions” here?
Re:Wikipedia is swimming in money–why is it begging people t... by PaulDavisThe1st on Monday May 31, 2021 @12:11PM (#27345507)
> If you want to attract the best talents you also need sufficient benefits.

Same line used in defense of corporate board hiring practices, and as in that case, stated without evidence to support the claim.

Re:Wikipedia is swimming in money–why is it begging people t... by Cthulhu_ on Monday May 31, 2021 @08:02AM (#27343153)
Anything above 100K is sky-high, and you need to have drunk a lot of the SF kool-aid to think anything else. That the cost of living in SF is so high that a wage like that doesn't cover basic living costs is not because the wages aren't high enough.
Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Monday May 31, 2021 @08:10AM (#27343213)
Hold on there, cowboy.

100k was maybe "sky high" 20 years ago. 100k in most large cities is not. When your modest house costs $800k USD, a car costs 30k, auto insurance is $1600 a year, groceries are 10k a year (looking at you, Toronto), just how in the hell is 100k "sky high"?

$80k was a decent salary in a mid-size city 15 years ago.

Just because six figures seems like a lot of money to you doesn't mean it's a lot of money.

Re:Wikipedia is swimming in money–why is it begging people t... by cedilla on Monday May 31, 2021 @09:29AM (#27343862)
It's more than twice the median salary. It is quite high.

Upper class income only seem lackluster compared to the perverse 0.1% incomes and the housing bubble.

Re:Wikipedia is swimming in money–why is it begging people t... by throwaway438 on Monday May 31, 2021 @10:01AM (#27344173)
There isn't a housing bubble when the government does everything possible to prevent the bubble from bursting. The median salary in the USA is a joke for people that are without any relatives supporting them financially for a mortgage, that will never afford a decent home that's actually located somewhere desirable and until in they reach their 40s.
Re:Wikipedia is swimming in money–why is it begging people t... by cedilla on Monday May 31, 2021 @02:55PM (#27347099)
Half of people live with less than that joke by definition, and most don't have the privilege to be supported by wealthy relatives, either.
Re:Wikipedia is swimming in money–why is it begging people t... by throwaway438 on Monday May 31, 2021 @11:22PM (#27350434)
Exactly it's a giant joke and when homes were affordable 30 years ago. So it's ridiculous when people act like wages are too high while ignoring inflation without the ability to afford a home unless the wages match what's needed.
Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Thursday June 03, 2021 @09:31AM (#27381021)
It's bullshit. Call it what it is. When people say that wages are fine they are being disingenuous or they are willfully ignorant.
Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Thursday June 03, 2021 @09:30AM (#27381007)
You are so right. If you live in rural Iowa that's a lot of money. Guess what? Hundreds of millions of people live in cities where housing, transportation and food costs are prohibitively expensive.

You know how many people live in Iowa?

Re:Wikipedia is swimming in money–why is it begging people t... by colordrops on Monday May 31, 2021 @11:13AM (#27344838)
That salary is enough to sustain a comfortable middle class life and is not sky high. The problem is the ever-increasing wealth gap that has decimated the middle class since the 70s and that everyone else's salaries are gutter-low.
Re:Wikipedia is swimming in money–why is it begging people t... by jhaygood86 on Tuesday June 01, 2021 @11:01AM (#27355395)
I live in a "large city" (suburbs in a top 10 metro in the US) and $800k gets you a mansion here still. My 3400 sq ft house is worth ~$350k for a "almost new build" (I had it built in 2015) 6 bed / 4 bath, gigabit fiber, swimming pool / soccer field in the community, great schools, shopping, etc..

I'm also a Principal SWE and my salary is well below $200k, though there are years with bonuses, etc.. that I reach $200k

Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Thursday June 03, 2021 @09:33AM (#27381044)
So you live in in an area that have massive urban sprawl and no bounding area driving up the costs (like say San Francisco or Toronto or London). Good for you and your urban sprawl McMansion existence (nothing wrong with it). But just because you can buy a mansion where you live for 800k doesn't mean that for millions of us 1 million dollars will get us a shitty house in a shitty area.
Re:Wikipedia is swimming in money–why is it begging people t... by pmoriarty on Monday May 31, 2021 @12:56PM (#27345990)
These people could work from anywhere.. especially today that working remote has become the norm, but even if working remote wasn't an option there's no reason they have to live in an expensive city. They could commute, just like most of the rest of us who can't afford to live in rich cities.

Wikimedia is a global foundation, so they don't have to live in the US even.

They could have easily hired someone from a country with a much lower cost of living.

Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Tuesday June 08, 2021 @08:49AM (#27434442)
I have ~17 years experience (maybe more) with outsourcing to cheaper countries to "save money". It's never been effective on anything valuable I have worked on. No money was ever saved. Just took more time from those near near the client.
Re:Wikipedia is swimming in money–why is it begging people t... by lrem on Monday May 31, 2021 @01:14PM (#27346177)
Brilliant idea: cut those costs 10x by moving the staff to Belarus. What can possibly go wrong?
Re:Wikipedia is swimming in money–why is it begging people t... by bluescrn on Monday May 31, 2021 @08:24AM (#27343340)
It's still sky-high to most of the world outside the US
Re:Wikipedia is swimming in money–why is it begging people t... by Joker_vD on Monday May 31, 2021 @08:36AM (#27343423)
It seems that the wealthiest countries also have higher cost of living (for the same level of life). I guess it kinda makes sense in a way.
Re:Wikipedia is swimming in money–why is it begging people t... by yanderekko on Monday May 31, 2021 @09:36AM (#27343903)
Yep. This is why I don't leave tips at US restaurants, because the servers' base $3/hour salary is still "sky high" compared to a comparable job in Sri Lanka.

/s

Re:Wikipedia is swimming in money–why is it begging people t... by detaro on Monday May 31, 2021 @09:40AM (#27343940)
At a US restaurant it's sort-of relevant that the server is in the US. In contrast, when using a website you get 0 benefit from the people building it being in San Francisco.
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @08:59AM (#27343615)
Not true at all, most Western Europe 100k$ (80k EUR) is barely above average, you'd still be firmly middle class even on two such incomes, sky high would be at least twice that much.
Re:Wikipedia is swimming in money–why is it begging people t... by iSnow on Monday May 31, 2021 @09:23AM (#27343813)
80k annually works out to 6700 EUR/m

If Wikipedia(1) is semi-accurate, no (ZERO) major European county surpasses this. Not even Switzerland which clocks in at 70k EUR. And that's average, the mean is even lower due to skew by those making top money.

(1) https://en.wikipedia.org/wiki/List_of_European_countries_by_...

Re:Wikipedia is swimming in money–why is it begging people t... by IQunder130 on Monday May 31, 2021 @09:42AM (#27343965)
Mean and average are the same thing. You might be referring to the median instead.
Re:Wikipedia is swimming in money–why is it begging people t... by iSnow on Monday May 31, 2021 @10:40AM (#27344523)
Yes, thanks.
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @09:52AM (#27344075)
In Europe that nets you about 50-60% after mandatory pension, health insurance and income tax. You listed net incomes. 6.7 gross will be >4k net

And slap 20-25% VAT on top.

That money is really not that much, a generalist MD would make that for eg.

Re:Wikipedia is swimming in money–why is it begging people t... by iSnow on Monday May 31, 2021 @10:40AM (#27344516)
I specifically linked to gross income, it's 5882 EUR/m in Switzerland according to Wikipedia, or 70.5K EUR annually. Germany is 48k EUR gross, around 30k net.
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @11:26AM (#27344987)
Sorry it scrolled up for me.

To be considered sky high in my book you need to be actually rich - able to afford luxuries such as own a luxury home, driving a premium car, be able to rent a yacht for a vacation - you need to be making >150k for your income to be noteworthy, otherwise you're just doing well off - higher middle class.

Sorry but there's nothing sky high about earning 80k EUR per year and living in London, Zurich, Oslo, Amsterdam, Munich, etc. you barely stand out, especially if you socialise with other college educated workers, you're probably the norm or below it for career people.

Re:Wikipedia is swimming in money–why is it begging people t... by x3ro on Monday May 31, 2021 @11:36AM (#27345097)
This is absolute bogus. Here's [1] data from 2019. With about 3500 Euros net income (works out to about 75k before tax if you're single) You're in the top 10% _of all households_. With two times that (so two e.g. a household of two people earning 80k) you'd be in the top 1%.

[1]: https://www.iwkoeln.de/fileadmin/user_upload/HTML/2019/einko...

PS: Data is for Germany.

Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @11:40AM (#27345149)
I'm sure 100k is a lot in rural Alabama as well. How about giving numbers for say Munich[1] ?

> Also from the diagram, 75% of the population are earning less than 10,400 EUR while 25% are earning more than 10,400 EUR.

If 25% of the city is making more money than you you are not rich by any definition.

I have friends living in Munich, friend is a SW engineer, makes 75k, his wife has her own business so I'm not sure how much she makes, they are very much middle class lifestyle and can't afford to live in the wealthy areas.

Sorry to burst your bubble but you're not rich if you make 80k/year, you're just (maybe upper) middle class, even in EU.

[1] http://www.salaryexplorer.com/salary-survey.php?loc=982&loct....

Re:Wikipedia is swimming in money–why is it begging people t... by x3ro on Monday May 31, 2021 @11:43AM (#27345199)
I personally live in Hamburg, one of the most expensive cities in Germany, and I've yet to see a developer salary above 90k. Juniors enter around 40k, seniors get around 60-90k depending on experience. That's not to say that salaries beyond 100k don't exist, but they're extremely rare.

Edit: Also it's completely unclear to me how this point relates to your initial gross misrepresentation of compensation in western Europe.

Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @11:48AM (#27345250)
What's my gross misrepresentation ? I said making 80k is not noteworthy at all (we are discussing CEO/exec compensation here not casheer salaries), you just agreed with me.

OP suggested that 100k$/year not being noteworthy is a uniquely SV/US thing - it is not. Any place worth living in Europe will take that much to live comfortably (note. 100k USD = 80k EUR)

Re:Wikipedia is swimming in money–why is it begging people t... by drdavid on Monday May 31, 2021 @11:38AM (#27345125)
I like how y'all are arguing over what a vague term actually means. "Sky high" isn't actually anything specific and it's rather relative. Reading through the thread, almost everyone has their own definition for 'sky high'.
Re:Wikipedia is swimming in money–why is it begging people t... by MaKey on Monday May 31, 2021 @09:13AM (#27343740)
What? In Germany an income of 80k EUR will put you into the top 10% of all earners, so you will be upper class. Especially on two such incomes.
Re:Wikipedia is swimming in money–why is it begging people t... by heavyset_go on Monday May 31, 2021 @11:40AM (#27345146)
> In Germany an income of 80k EUR will put you into the top 10% of all earners, so you will be upper class.

Upper middle class maybe. People in the upper class don't need to work.

Re:Wikipedia is swimming in money–why is it begging people t... by MaKey on Monday May 31, 2021 @04:21PM (#27347724)
No, upper class if you go by the definition of the German Economic Institute [0].

[0] https://www.iwkoeln.de/en.html

Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @09:53AM (#27344093)
You just prove my point - top 10% is not sky high ? It's what you would expect for a professional in demand. And unless you have savings that income puts you in upper middle class, you can afford a nice lifestyle, but you won't be buying any luxury cars or high end homes.

Sky high is at least top 1%. Maybe top 5% in high income areas.

In Eastern Europe you begin to approach this at 80k.

Re:Wikipedia is swimming in money–why is it begging people t... by max_hammer on Monday May 31, 2021 @12:35PM (#27345812)
At 11 years of engineering experience I am getting `66K` annual salary in Berlin.

But rent is getting crazy here, a 60 sqm apartment will cost you 1300+ utility.

Re:Wikipedia is swimming in money–why is it begging people t... by jiofih on Monday May 31, 2021 @09:17AM (#27343772)
You have no idea what you’re talking about. Average salaries in WE are 25-40k.
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @09:55AM (#27344105)
For what casheers and janitors ? I'm talking about highly skilled professionals. If your making 80k you're making an average in that group, it's certainly not sky high
Re:Wikipedia is swimming in money–why is it begging people t... by benhurmarcel on Monday May 31, 2021 @10:45AM (#27344570)
A junior engineer (with a Masters) in most of western Europe makes 30-40k€/year before taxes. After 10 years, he'll make 50-70k€/year.
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @11:23AM (#27344935)
If you have a masters, >3 years of experience and aren't making 50-70k in Wester Europe, you either don't put emphasis on your career, or you need to switch jobs and work on your negotiation skills.
Re:Wikipedia is swimming in money–why is it begging people t... by benhurmarcel on Monday May 31, 2021 @11:37AM (#27345115)
In Germany and Scandinavia maybe. In France, Spain, Italy, etc, this is normal.

For example here [1] you can see some reliable statistics for France, see page 2 (it's in French but the plots are easy to understand). The median salary (annual before taxes) when starting is 35k€, and roughly increases by 1800€/year. So it only reaches 40k€ after 3 years. It reaches 50k€ after 8 years only.

Also all engineers have Masters in continental Europe. You can't be an engineer without one. It's nothing special.

[1] https://www.iesf.fr/offres/doc_inline_src/752/IESF_Synthese_...

Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @11:59AM (#27345366)
Sorry I assumed we're talking about Software Engineering here, I accept your point.

But Italy and Spain aren't really what I would consider Western Europe, they are the less developed parts and I admit I have no experience with France and know nobody who works there.

Re:Wikipedia is swimming in money–why is it begging people t... by Naracion on Monday May 31, 2021 @09:49PM (#27349986)
So... The UK is not part of EU, and you're not counting Italy and Spain, and don't know anybody in France so can't speak for that country... Yet you're arguing for western EU salaries...? I can only sense you having some knowledge of Germany from your comments.
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Tuesday June 01, 2021 @03:37AM (#27351622)
I would consider UK part of the developed Western Europe for sure and salaries in London are low for standard of living in that city. Zurich is even more insanely expensive.
Re:Wikipedia is swimming in money–why is it begging people t... by CRConrad on Monday May 31, 2021 @06:26PM (#27348741)
> But Italy and Spain aren't really what I would consider Western Europe

Yeah, well, you're American, right?

You really are living up to it in many ways.

Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Tuesday June 01, 2021 @03:31AM (#27351598)
No I'm Croatian, lived across EU, back home remoting now. Italy and Spain are not considered developed western Europe (neither is Portugal for that matter) it's not geographic, for example you often include Scandinavian countries in that bunch even if it's not geographically correct, so is Switzerland, their standard of living (Italy/Spain) is a tier below. Eastern Europe is a tier below that. Maybe it's a Croatian colloquialism since they are all west of us but I heard it used many times in other countries as well.
Re:Wikipedia is swimming in money–why is it begging people t... by jiofih on Tuesday June 01, 2021 @06:24AM (#27352559)
I’m in the area you consider “Western Europe” and can reaffirm that a €40k salary is the norm. The only people making €80k+ are working for startups or big tech and that’s a tiny slice of the job market. The average director at a successful company here earns €100-120k.
Re:Wikipedia is swimming in money–why is it begging people t... by bluescrn on Monday May 31, 2021 @09:05AM (#27343671)
Median income in the UK is just over £30k (about 35k EUR)
Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Monday May 31, 2021 @10:05AM (#27344206)
We're on hacker news. What is the median for people in UK that that do what we do?
Re:Wikipedia is swimming in money–why is it begging people t... by crimsoneer on Monday May 31, 2021 @10:45AM (#27344569)
Honestly, not that much higher...i think? I'm a data science person so not dev, but feel like salaries above 65k or so not hugely common?
Re:Wikipedia is swimming in money–why is it begging people t... by M2Ys4U on Monday May 31, 2021 @12:16PM (#27345575)
£44k according to the April 2020 release of the Annual Survey for Hours and Earnings by the Office for National Statistics.

That is the figure for "programmers and software development professionals", anyway.

Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Monday May 31, 2021 @09:55AM (#27344113)
And London ?
Re:Wikipedia is swimming in money–why is it begging people t... by CRConrad on Monday May 31, 2021 @06:28PM (#27348762)
WTF does that have to do with anything? Isn't this whole discussion about how the WMF shouldn't be based in the fricking most overpriced city they can find?
Re:Wikipedia is swimming in money–why is it begging people t... by reader_mode on Tuesday June 01, 2021 @03:27AM (#27351579)
Yeah you're going to get amazing executive candidates in Wales for eg., background in sheep herding and farm management will translate to running Wikipedia quite nicely I think.
Re:Wikipedia is swimming in money–why is it begging people t... by h_anna_h on Monday May 31, 2021 @10:17AM (#27344312)
> When your modest house costs $800k USD, a car costs 30k, auto insurance is $1600 a year, groceries are 10k a year (looking at you, Toronto)

How did you get these costs? You can get a French Chateau with that much money. https://www.prestigeproperty.co.uk/french-chateau-for-sale-2...

Re:Wikipedia is swimming in money–why is it begging people t... by arilotter on Monday May 31, 2021 @11:22AM (#27344923)
In Toronto (and I mean Toronto proper, not an hour's commute away), a modest house is easily over 1,000,000, and prices are only climbing.
Re:Wikipedia is swimming in money–why is it begging people t... by apercu on Thursday June 03, 2021 @09:35AM (#27381081)
An hour from Toronto houses are close to a million dollars. I am 30 km from the financial district. I live in a modest house in a modest neighbourhood. My house would list for around 900k and there would be a bidding war.

I paid $340k for this house 13 years ago. I thought that was far too expensive but I didn't have a choice.

Re:Wikipedia is swimming in money–why is it begging people t... by 20after4 on Monday May 31, 2021 @09:12AM (#27343729)
Which came first, the high cost of living or the sky high tech salaries.

I would guess that they co-evolved in a vicious cycle of inflation. But I know very little of economics.

Re:Wikipedia is swimming in money–why is it begging people t... by zozbot234 on Monday May 31, 2021 @09:22AM (#27343805)
The high cost of living is the outcome of sky-high productivity in the relevant industry, plus congestion (e.g. lack of new housing) that makes it impossible for the industry to grow in place. That's how local people become a scarce factor and their compensation gets inflated.
Re:Wikipedia is swimming in money–why is it begging people t... by h_anna_h on Monday May 31, 2021 @09:13AM (#27343734)
Maybe a foundation that begs for donations from everyone in the world (even these who make $3/h) and pretends that they are going to go bankrupt without your donation should not be giving its management FAANG wages.
Re:Wikipedia is swimming in money–why is it begging people t... by fridek on Monday May 31, 2021 @11:24AM (#27344954)
FWIW Wikimedia salaries linked by bomdo in reply are all topped by entry level from https://www.levels.fyi/?compare=Facebook,Amazon,Google&track...

At entry level you typically manage a two-pizzas sized team in one fairly limited domain. "Have this desk and a bunch of people, figure out how to run a worldwide wiki" would be a typical senior manager/director assignment (a.k.a. middle management).

If we set aside an argument about IT salaries fairness, I think people at Wikimedia deserve some thanks for taking a salary cut to undeniably make a difference on the world.

Re:Wikipedia is swimming in money–why is it begging people t... by ekianjo on Monday May 31, 2021 @08:06AM (#27343185)
Who decides of the compensation?
Re:Wikipedia is swimming in money–why is it begging people t... by jmkb on Monday May 31, 2021 @11:25AM (#27344974)
The last person to edit the page, of course! ;)
Re:Wikipedia is swimming in money–why is it begging people t... by haliskerbas on Monday May 31, 2021 @11:30AM (#27345028)
The list linked by a sibling seems to top out at mid 300s, many FAANG ~2 YoE SWE make around that much.