Re:Poll: Why are people leaving their jobs?
by ivalm on Friday January 14, 2022 @03:40PM
(#29940119)
Marginal value of money decreases the more money you have as consumption doesn't really scale up. Easily one should take a nice 500k/year job vs a stressful 600k/year job.
Re:Poll: Why are people leaving their jobs?
by bluefirebrand on Friday January 14, 2022 @06:47PM
(#29942051)
Most people aren't in a position where their choice is a nice 500k/year job versus a stressful 600k/year job thought.
Re:Poll: Why are people leaving their jobs?
by ivalm on Friday January 14, 2022 @07:40PM
(#29942420)
The OP was explicitly talking about people making >>100k. At any rate, 5-600k is a staff/principle swe at a lot of tech companies, or even just a senior in some. Given this forum I am guessing that’s not an insignificant percentage of readers.
Re:Poll: Why are people leaving their jobs?
by lordnacho on Friday January 14, 2022 @03:10PM
(#29939680)
Surely in the higher income brackets the tax on it brings down the net considerably?
Except that it isn't.
Assume you are a superstar of some persuasion and you earn $100M/yr. Is a 20% raise a lot of money? It's not! Sure, it's an extra twenty million dollars, but what could you possibly want to buy with that money that you can't already purchase?
At some point $100k --> $100M the math changes. That point will be different for different people.
Re:Poll: Why are people leaving their jobs?
by citizenpaul on Wednesday January 19, 2022 @09:44PM
(#30003777)
You and other people are discussing amounts of money that you could simply walk away from the world buy a yacht and travel the world for your entire life. This adds nothing to the discussion.
Re:Poll: Why are people leaving their jobs?
by hackerfromthefu on Friday January 14, 2022 @06:05PM
(#29941739)
A nice yacht, a sports team, your name on a building .. there's always something.
A 20% raise is huge at any income level.