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The Federal minimum wage is a useless metric. California's minimum wage is $12 (and higher, in some counties) and is set to increase to $15/hr by 2022 (assuming COVID doesn't have some major echoing effects).

Also, they're referring to white collar tech employees. All salaried, all well above minimum wage and most definitively the highest paid (in that industry) in the world, including outside of SF/the Bay.



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