this post was submitted on 07 Oct 2024
359 points (97.9% liked)

Work Reform

9894 readers
199 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] ColeSloth@discuss.tchncs.de 3 points 4 days ago (1 children)

They're getting like a $5 an hour raise every year for 6 years and after six yours they hit their salary cap. Their cap is $131,000. Even 6 years from now that's still really good money.

[–] MutilationWave@lemmy.world 2 points 4 days ago (1 children)

Depending on location, that's really good money. Where I live i would be ecstatic to make that kind of money. Unfortunately the big docks are in big cities where money doesn't go nearly as far.

[–] ColeSloth@discuss.tchncs.de 2 points 4 days ago (1 children)

There's almost no place in the US where $130k isn't good money.

[–] Coreidan@lemmy.world 1 points 3 days ago* (last edited 3 days ago) (1 children)

NYC and LA are probably the two areas in the US where 130k is borderline possible to live alone in a OK apartment considering the cost of living there. Below that and your quality of living takes a dive as you either need roommates or you live in a shoebox. For anywhere else 130k is fantastic.

[–] ColeSloth@discuss.tchncs.de 1 points 3 days ago

The average rent in LA for a THREE bedroom apartment is $51,000 a year total. That leaves, after taxes, about $40,000 of money for everything else. Even in L.A that's still very easy to live on.

A 1 bedroom apartment in LA is about $26,000 a year, fyi.

A $131,000/year salary is not borderline anything in L.A.