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$100K "minimum wage" ?
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Submitted by harvey on April 6, 2018 - 4:09pm
I was talking to a friend who was going to start a small tech business but is reluctant because of the cost of employees.
He told me that there is an effective minimum wage for any exempt computer professional in CA of $90K. I told him he had to be full of it, but my google results are telling me he may be right:
The minimum is also tied to inflation, so raises are guaranteed every year. It won't be long before $100K salaries are "minimum wage."
Am I missing something here?
Does that mean that every new college hire in every programming job is making at least 90K?
No wonder these coding camps are so popular...
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