Is Pay Better in Silicon Valley?
Remember that famous Harvard research that revealed that we don't so much care how much we earn in absolute terms, so long as our wealth is positive relative to our peers. In other words, you don't need to be a millionaire, as long as you're richer than your friends.
So it's interesting to see some data into salaries in Silicon Valley recently published by Focus in the form of an infographic. This infographic gives some insight into the harsh realities of how that Silicon Valley salary matches up to other areas of the country. If for nothing else, take a look at the rent and home price comparison to make you kiss the ground you are working on (at least for today).
Click the image below to load up the infographic
What may also be of interest is some new research coming out of China. It reveals that when it comes to our income, we prefer people to under-estimate what we earn rather than over-estimate. Food for thought perhaps.
Anyway, how do you compare?