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Analyzing this announcement critically, I work through the following: 1. Why would Zapier publicize a new policy for existing employees? Cynically, that appear

by dsacco 10y ago

Analyzing this announcement critically, I work through the following: 1. Why would Zapier publicize a new policy for existing employees? Cynically, that appears to be a PR opportunity. 2. The new policy is an "experiment" that pays existing employees $10,000 to cover relocation costs to move outside the Bay Area. 3. I assume that the employees' salaries are then adjusted for COL (this is the crux). This presents an arbitrage between the $10k and salary adjustment. 4. Zapier is facilitating a process that, in effect, acquires employees from one location for a cheaper price than competitors, as long as those employees are willing to move outside of the Bay Area. I don't have a comment on whether I agree or disagree; I guess it's good to support employees living where they want to. But I'd be interested in knowing 1) if employees do have their salaries adjusted for cost of living when they move and 2) where many employees ultimately end up moving to. There is a face value lens that I can read this announcement through, but there is another lens related to the price of talent in the Bay Area. If I don't take this at face value, it's interesting to me if this carries any signal about real estate or tech salary outlook. EDIT - Nevermind, salaries aren't adjusted for cost of living.

jkarneges 10y ago
I read it as applying to new hires, not necessarily existing employees, so it makes sense that they'd publicize it. If it only applies to new hires then that may make salary adjustment easier (if that's part of this).
r00fus 10y ago
> 3. I assume that the employees' salaries are then adjusted for COL (this is the crux). This presents an arbitrage between the $10k and salary adjustment. The bryanh has said they don't adjust salaries post-move, theough I imagine future raises/bonuses might not be as competitive as elsewhere in the bay area e.g. another you might might have taken to stay in the bay area.

by dsacco 10y ago

jkarneges 10y ago

I read it as applying to new hires, not necessarily existing employees, so it makes sense that they'd publicize it. If it only applies to new hires then that may make salary adjustment easier (if that's part of this).

r00fus 10y ago

> 3. I assume that the employees' salaries are then adjusted for COL (this is the crux). This presents an arbitrage between the $10k and salary adjustment. The bryanh has said they don't adjust salaries post-move, theough I imagine future raises/bonuses might not be as competitive as elsewhere in the bay area e.g. another you might might have taken to stay in the bay area.