Software engineering is unfortunately a very middle class occupation at this point. I'd love to see it get up into the ranks of the upper class (at least for very experienced engineers!), but it has a long way to go...
Software engineering is unfortunately a very middle class occupation at this point. I'd love to see it get up into the ranks of the upper class (at least for very experienced engineers!), but it has a long way to go...
> I don't understand why tech workers in the Bay Area feel guilty about receiving 'high' salaries of $100 - $200k/year. This is not a lot of money... People on Wall street laugh at these amounts.
100-200k a year is a lot of money. That amount easily puts you in the upper quartile of income earners in the US. Comparing yourself as an economic class to the people on Wall Street, who are consistently some of the highest earners in the US, is silly and doesn't make any sense since the vast majority of people do not have income like that.
Now, I'm not saying I'm struggling to buy food or anything on my healthy engineering salary, I'm just saying that I don't feel guilty AT ALL about how much I make, nor do I feel that I am overpaid in anyway. I do tend to think my contribution to society is at least as much as my finance friends, so perhaps either I am underpaid or they are overpaid.
The sour grapes response for me is to consider that selling drugs earns more than the finance guys.
> Now, I'm not saying I'm struggling to buy food or anything on my healthy engineering salary, I'm just saying that I don't feel guilty AT ALL about how much I make, nor do I feel that I am overpaid in anyway.
That is totally fine, nobody really is asking that you or any other worker feel guilty. I do think that most people want there to be awareness and perspective about what it means to have the role you have and how that fits into capitalism and the society you live in. That kind of perspective isn't about guilt tripping.
> I do tend to think my contribution to society is at least as much as my finance friends, so perhaps either I am underpaid or they are overpaid.
It is likely that they are overpaid. When you think about it, people that perform low wage labor are just as valuable to society as programmers or those in finance. Those that do not work or cannot work are also just as valuable to society. Of course, work and capitalism don't recognize that inherent value and that is why people like BART workers have to strike and unionize to try and claw out what they desire to live.
It's more stark than that. In 2011, $100,000 would put you in the top 20%, and $186,000 would put you in the top 5%. Of household income.
In 2010, only 6.61% of American individuals had six-figure (or greater) incomes. At 100k, you're already pulling down more than 93% of Americans.
Cites:
https://en.wikipedia.org/wiki/Household_income_in_the_United...
https://en.wikipedia.org/wiki/Personal_income_in_the_United_...
http://www.census.gov/hhes/www/cpstables/032011/perinc/new01...
I feel a little guilty because I have friends who are doing things which are way better for society (teachers, for instance) and are damn good at what they do, but making only a fraction of what I make. I feel good about what my company does, but I don't think we (or especially other companies that are adding so little value to people who actually need it, rather than essentially just the tech elite in SF/NYC/etc) are adding so much more that it justifies the huge disparity in salary.
If you earn $100,000 per year that puts you in the top 20% (for a household, if it's just you it's even higher).