[HN Gopher] US Workers Now Expect Almost $79,000 Salary to Start...
       ___________________________________________________________________
        
       US Workers Now Expect Almost $79,000 Salary to Start a New Job
        
       Author : pg_1234
       Score  : 20 points
       Date   : 2023-08-21 20:43 UTC (2 hours ago)
        
 (HTM) web link (www.bloomberg.com)
 (TXT) w3m dump (www.bloomberg.com)
        
       | JohnFen wrote:
       | > For comparison, the median US household income was $70,784 in
       | 2021
       | 
       | That $79,000 expectation figure appears to be an average, not
       | median, but even so -- given that $79,000 is pretty close to the
       | median income, having that as the average minimum salary
       | expectation sounds completely reasonable and unsurprising.
       | 
       | What surprised me was the gender breakdown. Why do women have so
       | much lower of a salary expectation?
        
         | dragonwriter wrote:
         | > given that $79,000 is pretty close to the median income,
         | 
         | It's not.
         | 
         | Median _personal_ income (household figures reflect that
         | households can have more than one income earner) is ~38k.
        
         | n4r9 wrote:
         | Probably a combination of the fact that women earn less in the
         | first place, and are conditioned to be less ambitious.
        
           | dragonwriter wrote:
           | Women are also more likely to be the second income, and have
           | more limited geographical scope and nonfinancial criteria
           | (e.g., work schedule preference.)
        
         | datavirtue wrote:
         | Same reason any person underprices themselves...they lack
         | information.
        
         | cyanydeez wrote:
         | Averages are just bad when discussing Americans income.
        
           | JohnFen wrote:
           | This is absolutely true.
           | 
           | A pay rate that will have you living in the lap of luxury in
           | one place will have you scraping just to eat in another.
        
       | icedchai wrote:
       | Sounds about right. ~25 years ago, most people I knew were
       | getting 40 to 50K right out of school. Adjusted for inflation,
       | this is about 43K in 1998 dollars.
        
       | pg_1234 wrote:
       | https://archive.ph/g5Akd
        
       | unethical_ban wrote:
       | I started as an IT professional circa 2010 making 48k a year,
       | with 60k of college debt.
       | 
       | Estimating 3% cost of living adjustment that would be near 72k
       | today.
       | 
       | Of course, a lot of things are a lot more inflated than 3% a year
       | recently.
        
       | lapcat wrote:
       | Dupe: https://news.ycombinator.com/item?id=37210650 (144
       | comments)
        
         | unsubstantiated wrote:
         | [flagged]
        
       | janalsncm wrote:
       | Based on their numbers, seems like this is around 8% higher than
       | last year. Given that inflation over the last two years was
       | around 10% and the average tenure at a job is probably more than
       | a year, I think a 8% jump is reasonable. In other words, I think
       | people who started new jobs kept up.
        
       ___________________________________________________________________
       (page generated 2023-08-21 23:02 UTC)