Re:The Grapes of Wrath was banned in the USSR because showed...
by kfajdsl on Thursday January 19, 2023 @10:16PM
(#34448766)
The median income in tech is $200,000?
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Re:The Grapes of Wrath was banned in the USSR because showed...
by jacurtis on Thursday January 19, 2023 @10:47PM
(#34448984)
I was thinking $40k x 4 which is $160k.
I just did a quick search and found several reputable sites saying the average FAANG salary is $230 (which is 5.75x).
According to the Bureau of Labor Statistics (BLS), the mean software engineering salary was $136,230 in 2022. So you're right thats only 3.5x.
Notice thats the mean. I suspect the median is actually slightly higher than the mean. So i'm guesstimating here. But I stand by my rough estimate.
Re:The Grapes of Wrath was banned in the USSR because showed...
by lotsofpulp on Thursday January 19, 2023 @11:19PM
(#34449214)
Why would you suspect the median is higher than the mean?
Almost all statistics related to wealth and income I have seen indicate power law distributions, which would mean median is lower than mean.