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Even for relatively well-off yuppies who are gradually gentrifying some parts of the city, cheap housing is only barely compensation for other costs.
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That left him with $2.3 million -- enough to live comfortably on, but in his view, barely fair compensation for 17 years of unemployment and underemployment.
Pay and benefits figure as only one of the four key drivers of job dissatisfaction, according to a recent study by the Conference Board, and compensation barely rates a mention in the study's engagement-improvement steps.
Despite the fact that provincial, municipal, and county governments spent a large amount of fiscal funds, the standards of compensation were barely acceptable to coal mine owners.
In the last 10 years, while productivity has risen by about 20percentt worker compensation has barely increased.
The numbers are the product of complex compensation agreements described in barely comprehensible legalese in the securities firms' proxy statements.
Nor have rising profits necessarily come at the expense of wages; the share of worker compensation in GDP has barely moved since the 1980s.
As the chart below shows, it's not only real wages that have lagged far behind productivity (or barely outpaced inflation), it's average compensation (wages plus benefits) as well.
For Richard K. Templeton, the C.E.O. of Texas Instruments, total compensation of $9.9 million in 2009 barely budged from his overall pay in 2008.
The proffered compensation per acre, villagers said, has been barely enough to buy a new bed.
In addition, many workers are bitter that their pay has barely kept pace with inflation while Wall Street and executive compensation have skyrocketed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com