Below you will find pages that utilize the taxonomy term “Income-Inequality”
When Six Figures Stopped Being Impressive
I’ve been thinking a lot lately about what numbers mean to us. Not in a mathematical sense, but in that psychological way where certain figures become cultural markers. You know, like how $1 million used to be the definition of wealth, or how $100,000 was once the salary that meant you’d “made it.”
That second one particularly interests me because I’ve been watching it lose its lustre in real-time. Someone online recently pointed out that the median full-time salary in Australia is now sitting just over $104,500. Let that sink in for a moment. The median – meaning half of all full-time workers earn more than this. A hundred grand isn’t aspirational anymore; it’s literally average.
The Uncomfortable Truth About High Earners and Luck
I’ve been mulling over a discussion I stumbled across recently about people earning $300-500k+ annually. The original question was simple enough: what do these high earners actually do, and do they feel lucky or just like they’re doing $300k worth of work? What followed was one of the most honest conversations I’ve seen about success, privilege, and the role of luck in our careers.
The response that really stuck with me came from someone earning in that bracket who laid it all out: “Luck, timing and working hard.” They went on to acknowledge their good health, supportive family, lack of major misfortunes, being in the right place at the right time with the right boss, and marrying well. Most importantly, they recognised that while they work hard, “a lot of people work hard and they don’t earn that sort of money.”