On Fri, Nov 13, 2009 at 1:52 PM, Louis Proyect <[email protected]> wrote:
>> --------------------------------------snip
>> In this awful, miserable, depressed year, at a time when at least one
>> in 10 Americans are jobless, the average pay for Goldman's 30,000
>> employees is expected to clock in at $700,000.
>>
>
> This number makes it sound like the company is brimming with millionaires. I
> doubt that a meat-and-potatoes programmer makes more than $100,000 per year
> (as opposed to those developing derivatives logarithms.) Throw in a 20
> percent bonus and you still are nowhere near that figure. A more accurate
> figure would be based on the *mean*. I imagine that the mean salary might be
> closer to $75,000 a year given all the clerks, messengers, etc.



You mean the median, not the mean?
-raghu.


-- 
"Really ?? What a coincidence, I'm shallow too!!"
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