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Comment by karyon

This sounds a bit like "my income is normal, and everyone above that is rich"-thinking that a lot of people have.(if there's a word for that i'd appreciate any hints :) ) i'd definitely consider engineers at google to be rich and don't see how another 200k makes that much of a difference. you think these execs are rich and don't see how another million makes a difference. and the execs consider billionaires to be rich and don't see how another billion makes a difference. it's just different scales, but who's actually right?

i think it's important to realise that the scale of income has an extreme range and we are already on the upper end and definitely rich by global standards. my personal opinion is that a majority of people living in the western world is actually rich and any complaints on salaries by these are just first world problems.

on a more constructive note, i think i've seen a study that said that higher salary actually does motivate more, but hits the point of diminishing returns at about (i think) 80k or 100k. I don't remember which country and whether it was $ or €, but that should give a sense of the rough order of magnitude.

parent karyon 9 years ago

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