Is The Great Salary Reset of 2024 Upon Us?

Inflation πŸ“ˆ CEO and Elites Pay πŸ“ˆ Laborer Pay πŸ“‰ Is Great Salary (TC) Reset Here? How should we the people go forward?

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66 Participants
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Amazon aminazon Apr 30

Not in hot roles like ML/AI

Amazon sidewaysmn Apr 30

You sure about that?

Amazon aminazon Apr 30

Yupp… look at the openings (not talking about Amazon)

Microsoft hgr4kh Apr 30

At the end of the day, it’s 9-5 job that pays bills. It was never meant to make us rich. Owning a business makes owners rich. Working at a job does not. We trade for stability here.

Microsoft hgr4kh Apr 30

We the people will always be the bottom feeder. Some of us made escapades to 400k+ tc with 3 YOE and almost escaped the bottom which caused an imbalance that the β€œsystem” does not like. This salary reset is trying to push us back to bottom to maintain the % of bottom feeders.

Achronix chadrules Apr 30

Pay bands have dropped 50%, yesterday I had a company offer 1/3 of my current TC. This is the new normal, get used to it.