[dingnuts]

over the last ten years the tech industry has 10x'd the value it has created, which is obvious if you look at the accrued wealth of the leaders in the industry.

you know what has NOT gone up 10x in the decade I've been working in this industry? MY SALARY

we all deserve a significant pay raise you scab

[Akarnani]

Are employees at google not being paid for what they're risking?

An investor risks their post tax capital, and then when it works like google gets the upside and when it fails they get...shares in blackberry or IBM.

An employee risks their time, which they are guaranteed by law at least for the time they risk, to be compensated in cash and benefits.

An employee also risks their reputation and career opportunity cost for which they get...checks notes...options that go up/down the same as an investor.

An employee is participating in both value buckets, and one might argue at Google specifically, in the most compensatory bucket proportion in the history of all people ever.

[CrimsonRain]

Why don't you start your own company, make a lot of money and hire people with 10x salary? Who's stoping you? Show us how you pay 1M to each of your SWE.

[l0t0b0r0s]

It doesnt have to be 10x. Working in "Mid Tech" should at least guarantee you a raise that beats inflation. Sadly, it seems the only way to guarantee a raise that is proportional to the companies increased productivity is to shop offers around.

[CrimsonRain]

Either you're too bad (at best average; same thing I guess?) or the company management is shit. Either way you should not be in that company. So what's the problem?

[l0t0b0r0s]

Productivity going up and wages stagnating is a skill issue. got it.

[westmeal]

He cant start one because he doesn't have enough money lol