Comment by bluGill 4 days ago
50k is just a step above McDonalds these days in a lot of areas. Sure minimum wage might be $15k, but realistically nobody pays that little except in very rural areas (if you need a small number of low skilled employees a small rural town is a perfect spot to build - but if you need more than a small number they can't provide more at any price - you will pay more in the city but there are a lot more people around if you need more)
Perhaps - in California.
Median US Salary is $59,384. Half of workers make less.
You need to factor in that only ~30% of workers work full-time.
Men with a bachelor's degree who work full-time have a median income is ~$89k - (basically the entire demographic of these TSMC workers).
The statistic I gave was for solely full-time workers in the US.
AZ minimum wage is 14.70. If it was 996 and you somehow only got straight time for working 72h a week, it would pay 55000. Assuming there's no overtime exemption it would be $67000. I'm pretty sure it's not a 996 in AZ.
Very easily if they need to pay overtime here. I'd be very surprised to find an argument of $37k being exempt in any state.
They will indeed burn themselves out, but that's their choice of work/life balance vs. pay.
McDonalds in Sunnyvale CA starts at 20/h, so 41k/year for the lowest role