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Why do people inflate their salaries in idle discussion?
12-07-2020, 11:12 AM
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#31
12-07-2020, 11:13 AM
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#32
- GainzMcgee
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- GainzMcgee
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Originally Posted By lsiberian⏩
This is also true, Donald Trump technically makes $0.00 a year in salary.wage isn't as important as net worth IMO.
I don't like being a wagecel.
I don't like being a wagecel.
Originally Posted By notbadnotbrad⏩
I agree with you but as far as median household income data for the U.S. when you get a "salary thread" and 9/10 people make over 120k a year it just doesnt coincide with known statistical data. If a sales manager on bls data said they make a median of $80k and someone here says they make $120k then its not out of the realm of possibilites Im more talking about overall just so many people when ask what they make will of course say they make 10, 20 30k or more higher than they do online but also irl.Miscers are less likely to post their earnings if they don’t make a lot.
Also government data posts average earnings based on occupation. So someone working as a sales rep could mean SAAS sales or janitorial product sales. See how there could be significant variability in government reported compensation.
Also government data posts average earnings based on occupation. So someone working as a sales rep could mean SAAS sales or janitorial product sales. See how there could be significant variability in government reported compensation.
12-07-2020, 11:15 AM
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#33
- AltarOfPlagues
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- AltarOfPlagues
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i work for THE largest corporation in america
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
12-07-2020, 11:15 AM
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#34
- propreffered7
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- propreffered7
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Originally Posted By lsiberian⏩
hmmm idk brahwage isn't as important as net worth IMO.
I don't like being a wagecel.
I don't like being a wagecel.
- inherits 2 million dollar house
- works at mcdonalds
2 million dollar networth
12-07-2020, 11:17 AM
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#35
- notbadnotbrad
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Originally Posted By GainzMcgee⏩
Miscers posting in a salary thread isn’t a sample that represents the population. First off it’s too small of a sample size and there is massive bias.This is also true, Donald Trump technically makes $0.00 a year in salary.
Miscers are less likely to post their earnings if they don’t make a lot.
Also government data posts average earnings based on occupation. So someone working as a sales rep could mean SAAS sales or janitorial product sales. See how there could be significant variability in government reported compensation.
I agree with you but as far as median household income data for the U.S. when you get a "salary thread" and 9/10 people make over 120k a year it just doesnt coincide with known statistical data.
Miscers are less likely to post their earnings if they don’t make a lot.
Also government data posts average earnings based on occupation. So someone working as a sales rep could mean SAAS sales or janitorial product sales. See how there could be significant variability in government reported compensation.
I agree with you but as far as median household income data for the U.S. when you get a "salary thread" and 9/10 people make over 120k a year it just doesnt coincide with known statistical data.
12-07-2020, 11:18 AM
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#36
- Frank Drebin
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- Frank Drebin
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Originally Posted By propreffered7⏩
Yeah, compared to $150k salary and working 20-25 years to accumulate a 2m net worth?hmmm idk brah
- inherits 2 million dollar house
- works at mcdonalds
2 million dollar networth
- inherits 2 million dollar house
- works at mcdonalds
2 million dollar networth
Sell the house
Buy 500k house
Invest 1.5 mil @ 8%
Work at mcdonalds for fun
12-07-2020, 11:25 AM
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#37
- Holyfenix
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- Holyfenix
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Originally Posted By AltarOfPlagues⏩
Congratulation on your Walmart or Amazon stock job!i work for THE largest corporation in america
*Updated* If you can't hit a 320 yard drive, are you even a man?
12-07-2020, 11:30 AM
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#38
- joocyness
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A subtle observation I've noted when I've gone through the ranks is that once you start making >300k people stop talking about how much they make as it makes everyone uncomfortable.
It's the ones that make 150-175k are loud about it and usually inflate to 200k.
That's my world at least
It's the ones that make 150-175k are loud about it and usually inflate to 200k.
That's my world at least
12-07-2020, 12:39 PM
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#39
- donblaximus
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- donblaximus
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Originally Posted By GainzMcgee⏩
But it goes back to what others have said. Do you think people making average salaries on a bodybuilding forum would even be posting in the thread?I agree with you but as far as median household income data for the U.S. when you get a "salary thread" and 9/10 people make over 120k a year it just doesnt coincide with known statistical data. If a sales manager on bls data said they make a median of $80k and someone here says they make $120k then its not out of the realm of possibilites Im more talking about overall just so many people when ask what they make will of course say they make 10, 20 30k or more higher than they do online but also irl.
The other week there was a thread about "how fast does it take you to run 5k" as an example. I saw the title, but I didnt come in to contribute as I dont really care to share my experiences about running 5ks and how long it takes me because iv only ever done it maybe twice in my life and I am not particularly fast.
Outside of the "trolling" threads, people tend to post where they have better experience on things and like to share their perspective because of it.
Of course there are going to always be people that E-stat but over time you can start to infer who is legit and who is not.
As example I believe RealLifeALpha or whatever the poster's exact name is, really does work in sales for a SaaS company and has years where he can and does make $300k. I know this because of the things he says, the little details and because I used to be in SaaS sales too.
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