I again kindly request data on which jobs in San Diego are going up 50% in the next 3 years.
It’s not that certain JOBS will go up 50%, but certain PEOPLE may experience 50% increases in pay. Let’s look at my profession – software development. When I had 2 years of experience I was earning $53K. When I had 5 years of experience I was earning over $80K (I don’t remember the exact figure). Sure, I did well for myself, but I was NOT an exception by any means.
Go to salary.com and do a comparison of entry level programmer vs a programmer with 3 years of experience, or some equivalent search. You’ll find large increases in salary based on the increased experience.
Later in your career, salaries will tend to level out somewhat, or keep on increasing if you go into management, or whatever.
I decided to get some data for you, from salary.com.
The intermediate position is defined as 2-4 years of experience (so let’s say 3 years) and the salaries are median salaries. 25% increase in salary in 3 years.
Level III position is 5 years of experience, which is another 17% is the following 2 years.
So, an average software engineer will increase their salary by an average of 46% in the first 5 years of their career. OK, so it’s not 3 years, but still. It’s not wage stagnation by any means for these particular people.
I imagine there are other professions that are similar.
