> Or are they literally giving college grads enough money to retire by 35?
This is it.
All the answers about Bay Area Cost of Living are just as applicable for people making $150k and would be the same answers if those were the "high salaries" being paraded around.
All thats happened is that the tech sector has multiple of the largest publicly traded companies in the world, all in one place, and its brushing up against the compensation style that the finance sector has had for decades, which has always been divorced from cost of living and closer to the value brought to the organization. Its a good deal with a lot of potential to get better, or the market slows down and it gets worse.
This is it.
All the answers about Bay Area Cost of Living are just as applicable for people making $150k and would be the same answers if those were the "high salaries" being paraded around.
All thats happened is that the tech sector has multiple of the largest publicly traded companies in the world, all in one place, and its brushing up against the compensation style that the finance sector has had for decades, which has always been divorced from cost of living and closer to the value brought to the organization. Its a good deal with a lot of potential to get better, or the market slows down and it gets worse.