Silicon Valley Technology Pay Drops 14% Since 2000

Business Week reports:

Technology wages in Silicon Valley, home to Google Inc. and Intel Corp., have declined almost 14 percent since 2000, a sign that the region has yet to recover fully from the dot-com bust.

The average compensation for technology workers was $103,850 in 2008, down from $120,064 in 2000, with the biggest drops caused by the falling value of stock-based pay, the U.S. Bureau of Labor Statistics said today in a report.

Maybe if the federal government didn't subsidize college tuition, tuition might go down 15%.