Top reps at Caterpillar, Komatsu, and John Deere actually do make that much. I used to work in that industry.
Most people here are in tech and have no idea how heavily incentivized industrial sales is. Selling a fleet of D10 dozers to an excavation operation and selling a maintenance agreement is going to net caterpillar $1.7mm a dozer multiplied by number of dozers. They aren't paying someone 60k a year and free kombucha for managing those sorts of accounts.
These are the TOP folks though. I don't think most entry level college grads are going to making that any time size.
I believed the author of the blog was referring to tech roles specifically (not sales or similar).
I can say from personal experience that, at least in Australia, tech workers for mining companies that work in city offices are paid fairly similarly to other non-FAANG tech workers (e.g. banks etc). I also just checked levels.fyi for a few big mining companies and verified that this is the case.
Engineers (mining, geo, tech, whatever) that work out in the field do make quite a bit more. MAYBE around what FAANG would pay, but FAANG still pays more after a few years of refreshers and/if one manages to climb the ladder.
I think the author is quite off with their estimates of what people make in "heavy industries". At least as far as my experience goes for AU. FAANG/HFT still beats everything, and by a vast margin.
Most people here are in tech and have no idea how heavily incentivized industrial sales is. Selling a fleet of D10 dozers to an excavation operation and selling a maintenance agreement is going to net caterpillar $1.7mm a dozer multiplied by number of dozers. They aren't paying someone 60k a year and free kombucha for managing those sorts of accounts.
These are the TOP folks though. I don't think most entry level college grads are going to making that any time size.