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> In my mind, this means it can only ever get worse: the price of living keeps increasing which means salaries will keep having to rise to match There is the o
by ukoki 11y ago
> In my mind, this means it can only ever get worse: the price of living keeps increasing which means salaries will keep having to rise to match
There is the opposite effect too: As salaries rise in an area to match living costs, other areas become comparatively cheaper. So as salaries go up in London, companies have more and more incentive to set up offices or relocate to places with lower staffing costs.
- Gustomaximus 11y agoThis is especially viable in a smaller region like UK. Even if your at the other end of UK its realistic to do day trips to London for meetings, and would likely be cost effective for business if these are not overly regular.