FlyerTalk Forums - View Single Post - Sapphire Reserve 60k, $4,000 spend in 3 months, $550 fee.
Old Jan 31, 2020 | 4:10 pm
  #740  
RedSun
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Originally Posted by VegasGambler
Are you kidding? The tech industry is full of young people who make 6 figure incomes (the first digit is not 1). Look at the most valuable companies in the US. Who do you think works at Apple, Google, Microsoft, and Amazon? A bunch of 60 year olds? I'm in my early 40s and I'm usually the oldest person in the room, often by over a decade.

Also food delivery is extremely popular in the suburbs where both parents work (dual 6 figure incomes which require a lot of hours).
Originally Posted by VegasGambler
You don't need to work for a big company to get a big paycheck. The big companies employ tens or hundreds of thousands of people each so they drive the salaries, but the small companies have to keep up. They are competing for the same talent pool. The salaries are purely driven by the fact that there is a huge demand for employees, and there is not the supply to fill it. It's basically a bidding war. It's not a question of whether you get a job offer, it's a question of how many you get. It's a bidding war. If your company is not paying you well enough, you can find another job within a few weeks that will pay you more.
You chose not to answer my question. How many of the 4.5 MM college graduates each year actually work for the big tech companies and get 6 figure salaries the first year? So this is Chase CSR's target demographic?

Not, this is not. Those young people are few. Clearly with Chase Sapphire banking, it wants to bring the full banking services in house. It targets all the affluent professionals and families. It is going to foolish for Chase to target the young professionals only with its CSR. Absolutely not.

It is totally not right if the working parents just order food delivery to their kids and parents stay at office to work late. Most families do not do that.
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