@tonyshowoff said in Nine Out of Every 10 Silicon Valley Jobs Pays Less Than In 1997, Report Finds:
Well, I remember when a good engineer could make $125K a year, now they're lucky if they make $60K. In IT it's roughly a similar drop, but even lower, most IT guys I know make around $40K, some as low as $20K. That's just nationally. Obviously certain markets like Silicon Valley, New York, etc will be shift upward, but the difference is seemingly the same
A Good "Engineer" can still make 125K.
As far as software developers the BLS reports a median pay of 103K per year for 2016.
Network and Systems Administrator median pay for 2017 is $81,100.
The BLS tracks trending and historical data, and they show that these professions have outperformed the market, and have a forward projection to keep doing so.
I'm not saying the data points you have are anecdotes, but I"m curious why your sample size doesn't correlate with what the federal department whose job it is to track these things?
I will note that pay for SMB IT has gone to crap, but it was never that good to begin with. The majority of IT jobs are in enterprises (because large companies have small armies of people).
And I'm totally disregarding all those people on SW, especially those who threatened to kick my ass for pointing out ITT Tech was a scam, who claim they make $80K+ working at a local doctor's office or credit union
Doctor office IT is disappearing as private practices go away. Many are being absorbed into larger hospital systems (who have large central VDI teams etc), those that don't tend to 100% outsource their EMR, and people like Cerner become their MSP. Now Credit Unions and Regional Banks can still pay reasonable IT wages FWIW. There's a lot of trust and compliance in these sectors and while the smaller ones outsource the core financial platforms, there's still a lot of nitty-gritty stuff that needs to be done right or risk money/fines. 80K there isn't unreasonable.