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Comment by tayo42 | Hacker News Reader

I've noticed people have no concept of what real wealth is. 250k is a mid tier software developer that doesn't even work that hard.

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Is it? That suggests that I'm being rather severely underpaid. But I doubt this, in the US at least the average seems to be much closer to half of this figure when researching positions.

For a mid tier developer at a public company. yeah it is. Until your like senior staff +, your still just another replaceable ic stuck listening to hr rules. Your not making demands or negotiating your employment contract.

The idea of having the cut off so low is detached from the realities of hiring at large companies and how much actual leaders in these companies are making.

The median for NYC is a lot higher than for the US as a whole. The highest paid geographic tiers for jobs tend to list NYC and SF Bay first, even above NY/CA state.

For NYC that 250k number is absolutely mid-level for tech and finance.

Ah, I'm out remote in Tennessee, that might explain the discrepancy. Man, is the cost of living in NYC that crazy? I knew the bay area was up there

Manhattan is probably more expensive than SF. I frequently hear of $4k-$5k/mth small 1 bedrooms, where in SF it’s possible to get those for $3k. That’s the comparison to make for your office likely being 10 minutes away.

250k is the 92nd percentile of incomes in the US. You’re right that people have no concept of what real wealth is, but I don’t think it’s in the way you meant it.

Americans make so little money they still think breaking 100k is "making it", so people see a number like 200k or 300,cant imagine what that is.

250k only sounds like a lot becasue the bar is so low in the US. Even our politicians are under paid. This governor makes 250k. I make more then her and deffintly responsible for a lot less. And I'm not negotiating anything in my employment contract

> This governor makes 250k

Plus whatever additional her husband gets from providing concessions at the new Buffalo Bills stadium that NY taxpayers are paying for.

I've wondered what would happen if we paid our politicians like the private sector. Governor is more or less a ceo job. But the pay is drastically less. What kind of people are we getting to lead the?

Hard to tell, would it reduce corruption or just let them pocket more?

I remember reading that Singapore does this, but I don’t remember if it supposedly actually works.

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