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Companies factor in local cost of living into their salary packages and the author is pointing out the business problems (i.e. high turnover of entry level emp
by scottkduncan 11y ago
Companies factor in local cost of living into their salary packages and the author is pointing out the business problems (i.e. high turnover of entry level employees) caused caused when Yelp failed to do this.
Salaries in New York are higher than those in Des Moines, and if companies want the benefits associated with locating in the Bay Area they are going to have to pay employees more. Even entry-level and lower-skilled ones.
- helen842000 11y agoCompanies like Yelp will only take notice when they aren't able to hire in the Bay Area for entry level roles. They can already see that it's heading that way, that's why they're moving support to AZ. It's cheaper to move their entire support operation to a different state than it is to provide a Bay Area wage.