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Their employers are making $300k+ net profit per employee. The salaries seem reasonable to me on that basis.


Some of them are. Google and Apple make stupendous profits. Uber loses money every quarter. But they pay similarly.


They have to, or they couldn’t recruit talent. The bar has been set - companies can pay eng high salaries and still be incredibly profitable.


In 2021, Saudi Aramco had a net income of $200 Bn., on a $622 Bn. revenue.

With 66800 employees, that comes to almost $3M / employee in net income. A quick google search seems to yield that avg. salary at Saudi Aramco is around $130k.

In fact, if this list https://www.visualcapitalist.com/the-20-most-and-least-profi... - which seems to compare domestic companies - tech companies aren't really that represented in the top.

But I'd be surprised if the average worker of most companies on that list are making more than your average FAANG tech worker.


Salaries aren't based on profit per employee, that's just an upper limit. They're based on the market (ie. what it would cost to replace you).




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