Poll: Do people really need $100,000/£100,000 a year salleries?

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Sep 14, 2009
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eh idk, personally i think athletes and alot of other people get way too much fucking money, i can't remember exactly but at one point there was some that would be earning 20k a day (not fucking kidding) (i think it was alex rodriguez or something) but regardless, you do NOT NEED THAT MUCH MONEY. especially when your just a god damn athlete, there is not a single person on this planet who is worth that damn much daily.

if you build a company or whatever, then yeah, you reap your rewards.

bottomline, 100,000 dollars isn't needed, but damn that'd be nice to be that comfortable.
 

manaman

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Koeryn said:
I want my fucking flying car, damnit. Now, the 100,000,000+ a year that some sports stars get is absolute bullshit and they need to cut that shit back.
The few sports stars that pull in anywhere near that much do not earn it from playing sports. They pull in a large amount from endorsments. You know doing commercials and the like. You might as well complain actors are way overpaid at the same time.

OP: I get the feeling you don't have a good grasp on how little 100,000 per year actually is. Upper middle class at best most places you live, straight middle class in some larger urban areas.
 

crystalsnow

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Aug 25, 2009
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Uhhhh... Is 100k so much? It may be above average, yes, but honestly, I'd be taking your hate out on 7+ digits based on your post.
 
Sep 14, 2009
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Sakurazaki1023 said:
SturmDolch said:
Check out this video:


How much money you earn is up to the company. What you do with it is your problem. If a person who earned $200k per year wanted to, they could donate $100k of it to cancer research or something. Or they could keep it for themselves and improve their quality of life. Neither decision is wrong.
I wish more CEOs would try something like that. It would be nice to know that some businessmen are still sane and moral individuals...

As an aspiring engineer, my salary will most likely start around 65k (entry level) and be up around 90-100k by the time I'm in my late 20s. 100k per household is slightly high for middle class where I live, but think it's a pretty good salary for a middle class family with 1-2 kids.
hey same here! and i would agree to that. if you save (like im going to do, i'm going to live like a frickin cave troll my first 4-5 years saving money and investing it) then that money can last you a long time very comfortably.
 

Staskala

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Sep 28, 2010
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Ultra_Caboose said:
If a person has worked hard enough to earn that salary, then all the more power to them.

On the other hand, a lot of athletes get paid rediculous amounts of money for what they do. As skilled as they may be in their respective sports, when it all boils down to it, they're getting payed to play a game. People on the team who spend the entire game on the bench as a backup make more money in one game than either of my parents make in a year. That needs to stop.
This has always bothered me too.

People always complain about evil CEOs, but at least the CEO of an international corporation does something useful to society,
as opposed to someone who makes millions by kicking a ball.

Then again, athletes are only worth so much because a good team makes ridiculous amounts of money with advertisement contracts,
so I suppose the underlying mechanics make a bit more sense than what we see.
 

joshthor

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Aug 18, 2009
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100k a year is a good salary, you can support a moderately large family with a couple of cars and a nice house. once you start hitting over 1 mil + its a little ridiculous. but 100k doesnt make people snooty.
 

Gudrests

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Sober Thal said:
To live in downtown New York you need a lot more than that!!
yeah...my grandparents were making that and well....we live accross from a projects. 100,000 is to live ok and not to have soo many problems besides for a major injury or something...now my cousin makes 100,000 a month....he makes too much money lol
 

saruman31

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Sep 30, 2010
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Macrobstar said:
saruman31 said:
Where i live people with university earn on average 4000$/year. Try living with that instead of 100k and see how it feels.
thats probably in proportion to the diffuculty and skill requirement of the job they do, theres a reason doctors earn a lot of money
That is a doctor`s salary. But don`t worry, they take big bribes.
 

tom919

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Aug 7, 2009
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I want to be a doctor, I don't feel that me being paid £100,000 is unjust due to the work I'm putting in and the fact I'd be saving lives. Sport superstars and bankers don't deserve the amounts they get.
 

Altorin

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May 16, 2008
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babinro said:
If we could restrict income so that the rest could go towards government funded programs, taxes, infrastructure, health-care, etc...I would have to assume the world would be a better place for all.
Commy.

in all seriousness, I really don't think "restricting salaries" is the answer. higher taxes for the wealthy, who have the disposable income, perhaps, but to tell them "No, you can't earn more then this amount of money, that's wrong" is contrary to the whole idea of capitalism.

Taxes are really the answer. The rich like to claim how they already pay way too many taxes, which is a fair argument to make - the top 20% pay almost 80% of the taxes. But if you try and go farther then that base "I don't want to pay as much in taxes", you find that honestly, there is NO OTHER WAY for it to work. Tax more of the poor? The poor are poor. They have no money. They're often struggling just to survive on what they can make, and you want to eke out billions of dollars in taxes out of them?

I know I'm going off on a bit of a tangent. Higher taxes allow an enterprising millionaire to continue making millions, as long as their willing to cut throats. It lets them still play their money game. In fact, it ENCOURAGES them to play that money game as hard as they can to get the most. And if one Rich guy's like "I don't want to pay so many taxes so I'm done with this game" there are a million other people begging to take his spot.

Higher taxes on the rich. Not hardset limits on income.

tom919 said:
I want to be a doctor, I don't feel that me being paid £100,000 is unjust due to the work I'm putting in and the fact I'd be saving lives. Sport superstars and bankers don't deserve the amounts they get.
Bankers make sure rich people get the most money they can. Rich people pay them to make them stay rich. That's the service they're providing. It might seem spurious, but that's how it is.

Sports Stars only make a lot of money because sports are big business. If you factor in all the players salaries, and the salaries that the owners and managers must be raking in, you can see it's a RIDICULOUSLY huge industry, and an industry that has millions of people BEGGING to pay them 50-150 dollars for a ticket to see the game. The organizers are completely in their rights to charge as much as the market is able to bear. So where would the money go if not to the players? All of those billions of dollars going to the owners while the players live in relative poverty, everyday putting their life and body on the line for the entertainment of the masses? That sounds like a pretty shitty deal.
 

Kenjitsuka

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Sep 10, 2009
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"Only if the amount of work they do is proportionate to the sallery"
This goes for any amount of money.
But especially for people who get MILLIONS or BILLIONS (in secret stock option deals etc.).
What the F does the boss of a major multinational *do* that entitles him to get dozens of millions each year whilst he fires thousands of people (then gets a few mill more as a bonus!)...
 

emeraldrafael

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Jul 17, 2010
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If they earn it. Usually you dont just start out earning 100k unless you do something exceedingly difficult. However, CFO (Chief Financial Officers) can earn up to 300k, and they run an entire business like Microsoft for Google's finances. They also are usually older, and have been in the busines for many many years. Those salaries are also given to people to people who have been in a company long enough and have gone up the Ladder. As an accountant, I know you can expect to earn in the upwards of 78k if you are with a (big) business for a while, and distinguish yourself. Add a CPA license (which roughly gives you about 15% more on your salary), and thats almost 90k, and if your employer likes you or you're one of the "leaders" you can clear that 100k mark easy.

now, consider this. The average middle income most people think they want to make is between 40-60k. Thats not bad, and thats usually the people who live in decent houses they spend all their lives in and raise their kids (most likely the OP's background). The 100k earners are usually the people you see a house with a garage, two cars, and are working off their loans. So roughly, those loans would include the 100-200k college debt, a 20K car loan, and probably a 375K house (I dont know if thats still true, just what I saw the last house like I described go for). Thats 490-590K debt over their life, plus the cost of raising kids and such. So that 100K doesnt add up ot much if you're the sole owner, and not if you're married and your spouse earns a higher salary (70-100K) cause they bring thier debt too.

Just cause you have that 100K doesnt make you priviledged and pompous or mean you cant raise a child in a decent matter without spoiling tjhem. In fact, of the 4 or so households I know that earn a 100K (of which I am not one), their kids all know the value of a dollar, arent spoiled by any means, and have to work as well. This is because the Parents are setting them off with small savings accounts, as well as putting money into a retirement plan for themselves. So that 100k goes fast in those houses, but are still more decent then people I know who live in 50K or even 30K households.

Now, I would agree, as you get steadily richer you seem to lose touch on whats its like to live with people of a lower paying bracket (unles you live among them or keep yourself on their level). But I've seen that more in the people who earn 250k+, not the 100k. And even then, thats not true. Look at Bill Gates and his wife. They're so rich that it would be more of w aste to him to stop and pick up a ten dollar bill on the street then it would be to walk on by. But they do a lot of charity work and are decent people so far as I can tell. Now, I dont know anything about his kids (if he has any) but he seems like the kinda guy that would raise them right.

Really it all depends on the person. your argument is based on anyone with high excess income (as you seem to think these 100k salary people have) should give it away or do something to benefit those with less money. But what is really excess income. If you had money left over after paying all the necessities did you spend it on yourself and not give it to someone less fortunate? That shiny new PS3 or 360 or wii or gaming computer is excess income you are selfishly keeping for yourself. You dont need that tv, or really that car, or that bike. You could walk to work if pressed I'm sure. By American standards, you only NEED these few things: Shelter, Food, Clothing. Everything else is excess and WANTS.

but then again, I live in America and thats a capitalist nation where we believe you should be rewarded with a pay equal to the job you do.
 

emeraldrafael

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Staskala said:
Ultra_Caboose said:
If a person has worked hard enough to earn that salary, then all the more power to them.

On the other hand, a lot of athletes get paid rediculous amounts of money for what they do. As skilled as they may be in their respective sports, when it all boils down to it, they're getting payed to play a game. People on the team who spend the entire game on the bench as a backup make more money in one game than either of my parents make in a year. That needs to stop.
This has always bothered me too.

People always complain about evil CEOs, but at least the CEO of an international corporation does something useful to society,
as opposed to someone who makes millions by kicking a ball.

Then again, athletes are only worth so much because a good team makes ridiculous amounts of money with advertisement contracts,
so I suppose the underlying mechanics make a bit more sense than what we see.
No, its just that people value entertainment more then necessary operations of society. Otherwise athletes would be making a fireperson or Police officer's salary (which isnt alot, and considering most firepersons are volunteer). And those people put their lives down so that you can either live safely in society, or have your house if it say, catches on fire.
 

iLikeHippos

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Jan 19, 2010
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Other, please? For poll option?

OT; That would be an interesting question if you asked it as "Do people need an abundance of wealth?"
Because 100k a year certainly is NOT. In Sweden, every penny counts that is not sucked up by anything that moves around here.

That's my answer.
 

twaddle

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Nov 17, 2009
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most people make around £30,000/$25,000 a year if they are lucky. I'm currently surviving barely on less than 6,000. Sadly alot of people don't have that. i'm in college, but i'm grateful for what i have. I could really use a job though, which is why i'm trying to learn skill outside of school by myself.
 

maddawg IAJI

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Feb 12, 2009
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The only way they're earning that money is if they're qualified and if to become qualified, you'd need to pay for post-secondary education. No employer in their right mind would give such an annual salary unless they earned it and could do the job.
 

Altorin

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May 16, 2008
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emeraldrafael said:
Staskala said:
Ultra_Caboose said:
If a person has worked hard enough to earn that salary, then all the more power to them.

On the other hand, a lot of athletes get paid rediculous amounts of money for what they do. As skilled as they may be in their respective sports, when it all boils down to it, they're getting payed to play a game. People on the team who spend the entire game on the bench as a backup make more money in one game than either of my parents make in a year. That needs to stop.
This has always bothered me too.

People always complain about evil CEOs, but at least the CEO of an international corporation does something useful to society,
as opposed to someone who makes millions by kicking a ball.

Then again, athletes are only worth so much because a good team makes ridiculous amounts of money with advertisement contracts,
so I suppose the underlying mechanics make a bit more sense than what we see.
No, its just that people value entertainment more then necessary operations of society. Otherwise athletes would be making a fireperson or Police officer's salary (which isnt alot, and considering most firepersons are volunteer). And those people put their lives down so that you can either live safely in society, or have your house if it say, catches on fire.
I said it two posts above, but really, there's no way a sports star COULDN'T be making ridiculous sums of money. The amount of money raked in by the sports industry is so monumental that if the stars themselves weren't earning a ridiculous sum of money, the system would break down entirely.
 

Citizen Snips

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May 13, 2009
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Wolfram01 said:
100k british pounds is a LOT more than $100k USD... It's nearly $160k. Now I know some things are much more expensive overseas but that makes a big difference. So if we're talking $100k/yr I think that's a very nice sallary, but if we're talking $160k/yr then it's getting a bit bloated and I'm not sure many jobs deserve that kind of money - although if you pay yourself a portion of the profits (like you own a company or something) then so be it.
why do people not bother checking facts? Or understand how inflation and deflation affects currency. 100,000.00 USD = 62,052.06 GBP. When you adjust cost of living, they are actually pretty similar.
 

psivamp

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Jan 7, 2010
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I voted Yes. Largely because if there's not a big paycheck at the end of getting a PhD, then people won't bother. Seriously, I'm getting a degree in chemical engineering. It's a big field and a lot of responsibility can be placed on engineers. When you figure out how to save a company money, turn waste headed for a landfill into a marketable product and cut down on pollution simultaneously, you DESERVE to get paid.