Is there a good list of average salary increases by occupation in the last year? My sense is low-wage jobs have had the highest percent gains, like $15 —> $25/hr = 67%, but the absolute increases for stuff like software have been huge in absolute terms (200k —> 300k is 50%)
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I would guess the above-the-api jobs have increased their share of the total wages pie chart. If 5 $15 people now make $25, but 1 $100/hr person (~200k/yr) makes $150, the total wage pie increase is 5*10+1*50, so the high wage guy makes 50% of the extra money
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So depending on distribution of workforce share vs income vs income gains, the actual spending power has likely increased most in the best compensated occupations?
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One of the hidden dangers of free agency is that when there are sharp macro shifts like an inflation spike and/or wage increases, you can't immediately respond. There's nobody you can go to and ask for a "raise" for inflation.
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You can of course, raise your hourly rate, but your demand curve isn't inelastic just because you want it to be. In 12y, I've gone from $150/hr for first client to $450/hr today, a 3x increase, but my actually income has only increase perhaps 30%. I've mainly bought myself time.
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Do you make much from the blog/ ebooks in comparison, or does that mostly drive clients for your consulting?
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