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re: The Dark Downside Of The Work-From-Home Trend
Posted on 9/17/20 at 7:34 am to fallguy_1978
Posted on 9/17/20 at 7:34 am to fallguy_1978
quote:
I suppose that's only fair
Those salaries are based on the local market and COL.
A software developer needs a much higher salary to live comfortably in Seattle than Hattiesburg.
I may have been out of the corporate world to long. If you are paid to do a job and you do that job to satisfaction, why in the hell would it matter where you live as far as compensation. Seems like socialism to me.
"You do the job as good or better than employee X but you dont need as much to live so you get less" Sounds fricked up to me
Posted on 9/17/20 at 7:53 am to LanierSpots
quote:
I may have been out of the corporate world to long. If you are paid to do a job and you do that job to satisfaction, why in the hell would it matter where you live as far as compensation.
You are paid to do a job in a certain location. If you decide to do that job in a different location, your company can negotiate a salary that’s consistent with the labor market in that area. If they lowball you, you can quit.
quote:
Seems like socialism to me.
It’s not.
quote:
"You do the job as good or better than employee X but you dont need as much to live so you get less" Sounds fricked up to me
Do you think it’s fricked up that people in America get paid more to do the same job as their counterparts in India? Because it’s the same thing.
I think some of you are severely underestimating the premium these tech companies are paying just so that employees can live in Silicon Valley. A $200k employee who moves from that area to a lower-COL part of the country can easily take a $50k+ pay cut, increase their standard of living, and double their disposable income. It’s a win-win. Or they can stay in the area where they were hired to work and keep their current salary out of principle.
This is literally how companies have been determining regional salary brackets for decades. It’s only different now because people are moving without changing roles. The idea that each employee has some sort of intrinsic value to the company is a myth. Your value is based on the labor market, plain and simple.
This post was edited on 9/17/20 at 7:58 am
Posted on 9/17/20 at 7:55 am to LanierSpots
quote:
You do the job as good or better than employee X but you dont need as much to live so you get less" Sounds fricked up to me
It’s not that, you are over thinking it. It’s very simple supply and demand. Many people live somewhere because that’s where their industry or job is located. If you can live anywhere, many people would take less pay. For instance, there’s very few computer programming jobs in Montana but if you can WFH you could live in Montana. So would you work in San Fran or take less money to live in Montana?
Think about it this way, remove COL and how is the job market? Not everyone in tech wants to live in Silocon Valley but enough money can persuade anyone.
This is similar to pro ball players. Some Pro’s choose less money to win or live where they want. Or simply due to salary cap. Pay is not 100% tied to ability.
Posted on 9/17/20 at 8:00 am to LanierSpots
quote:
"You do the job as good or better than employee X but you dont need as much to live so you get less" Sounds fricked up to me
some 12 year old in China is emphatically agreeing with you right now
also you have no idea what socialism is
This post was edited on 9/17/20 at 8:02 am
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