It's wild that there are as many jobs in the category "Top Executives" as in the category "Retail Sales Worker".
This makes sense given both automation and the US's role in the global economy, but it runs somewhat contrary to standard ideas of class and inequality.
That category has a median pay of $105,350, and includes "general and operations managers" as well as "chief executives". I assume it includes executives of very small enterprises.
Good point. To take it one step further, if they are including 'general managers' and 'operations managers' in this bucket, then that should include the GM and Ops Manager at places like retail stores as well (for example, every Best Buy location has both positions, I'm sure it's similar for Walmart and other big box retailers too).
Remember that exec tech salaries are extreme outliers. I worked for an exec in manufacturing. He had full p&l responsibility for a business segment with ~150 employees, $27 million in revenue at 40% gross margins, and a production plant. His total comp was ~$300k.
Now just think of the comp levels in sectors like government, education, etc.
> Remember that exec tech salaries are extreme outliers.
It's the combination of tech and big or fast growing companies.
People who operate in FAANG or Silicon Valley bubbles (or who spend too much time on Blind) can lose track of what salaries look like in the rest of the world.
I often share Buffer's open salary page because their compensation is actually pretty normal from all of the data I've seen and hiring I've done: https://buffer.com/salaries
Every time it gets posted there are comments from people aghast that the software engineers "only" make $200K and in disbelief that the CEO's salary is "only" $300K.
These categories are extremely broad. Top Executive includes general managers, legislators, school superintendents, mayors, city administrators, and a lot of other government jobs. The name is misleading, it's basically non-frontline management.
Chief Executives is actually a specific sub-category of it and is, obviously, much smaller.
When people think "top executives" they think of a very, very small group of people making tens of millions of dollars a year or much more. The reality is that that's not the case.
This makes sense given both automation and the US's role in the global economy, but it runs somewhat contrary to standard ideas of class and inequality.