• lasagna@programming.dev
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    1 year ago

    That’s the problem with averages vs medians. It completely overlooks wealth gap.

    Here is an example. Moderna CEO made something like $500 million last year. If Moderna had 1000 employees, that would mean the company’s average employee pay is $500,000. And that’s before even adding their pay to this average.

    • Tar_alcaran@lemmy.world
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      1 year ago

      Exactly. The median wealth of me, my partner and Bill gates is basically zero. The average wealth in billions of dollars.