Salaries of $500,000 and up are 'a dime a dozen' in this California region, report says

More than 1 million people across the country earn paychecks of $500,000 or higher, according to a report that analyzed payroll records on millions of salaries paid over the course of a year.

The study titled "High-paying jobs? They’re a dime a dozen," which was done by ADP, a leading management company that provides payroll and other services, concluded that “a substantial number of professionals found in every major metro” earn more than half a million dollars annually. Government data, including the Census Bureau’s American Community Survey, typically obscure the prevalence of hefty paychecks by capping the level of wages reported. READ MORE