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by heavyset_go 1921 days ago
> and in most of the data I've seen, rent:wage is high in any geo. "SWEs are paid more" is true, but it doesn't change the cost of a house.

In other words, worker compensation has not kept up with increases in the cost of living, and even engineers are not exempt from this trend.

2 comments

Yeah, and one of the big questions I have is, how can you convince companies to share their profits with their employees? Its seems that nowadays, it's just not in our values as a people to do that. Nothing in the law demands it.

I'm not sure raising corporate taxes is the right solution — that would just seem to share with the government. I am in favor of raising the minimum wage; in particular, the graph of minimum wage adjusted for inflation is what convinces me: we're near a low point, for minimum wage, presently[1]. I am in favor of better collective bargaining. (E.g., unions, but this seems to be highly contentious; and I would ban forced arbitration & non-competes, but IME most people are either completely ignorant on these issues, or misunderstand what is meant by "forced" to mean "all arbitration"…)

[1]: https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_Sta...

Easiest way to benefit from decreased value of the dollar is to switch companies and demand a more fair salary. This at least worked for me. Companies will start hiring engineers at a higher rate are less willing to increase compensation for existing engineers if they don't have to. Most people do not ask for what they want.