this post was submitted on 07 Oct 2024
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Work Reform

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[–] [email protected] 8 points 2 months ago (1 children)

62% right now and no increase for the six following years is actually more generous than what they got.

[–] [email protected] 3 points 2 months 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 2 points 2 months 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.

[–] [email protected] 2 points 2 months ago (1 children)

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

[–] Coreidan 1 points 2 months ago* (last edited 2 months 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.

[–] [email protected] 1 points 2 months 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.