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To: cgbg

One of the things about CA is that a lot of higher earners don’t really make a “wage.” Stock grants and options have made middle managers millionaires several times over. Their net worth is high, but their “wages” are moderate.

25 years ago when I worked at a bank, my salary is about “mid point” of my peers. I doubled that with options and stock grants—most of which I went yers without cashing out.

Statistics are fun to play with. But without significant context they are often intentionally misleading.


33 posted on 08/25/2024 11:20:15 AM PDT by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Vermont Lt

Unfortunately I had no stock options—just wages.

The numbers in CA just did not work for me.


42 posted on 08/25/2024 11:40:24 AM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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