3 ms·
Is that scaled to cost of living?
by DarkKomunalec 9y ago
Is that scaled to cost of living?
- cirgue 9y agoNo, not by a long shot.
- ews 9y agoThis. I moved from SF to Berlin accepting a 40% paycut. My standard of living in Germany was probably 2.5x compared to California. However, I decided to go back to San Francisco. There is definitely much more interesting work in Silicon Valley, at least in my field. This may change over time but I am not holding my breath.
- tzakrajs 9y agoMakes you reconsider what quality of living really means.
- friendlyfireman 9y agoDifferent people have different priorities. EU may be a better fit for some, while SV is for others.
- cmdkeen 9y agoHere's the thing with pay scaled to cost of living, it means things like pension contributions, ability to save, any property you purchase, are also scaled. There's a reason so many people flock to expensive cities early in their careers. Very early stage startups might be able to move around Europe for a short period for cheap rents, you're going to be much less able to recruit staff (i.e. non-founders) to move from the West to Slovakia (as mentioned) to work for Slovakian wages.
- aries1980 9y agoStaff should be compensate based on the value of they provide rather than their living standard needs.
- aries1980 9y agoSo, based on having -1 points on my comment, I can summarise your thoughts: employee compensation should be based on the living standard they needs, rather than the value they create. In sarcastic way: to max out your next a payrise, move to the most expensive city and buy a Pagani. That's an odd thought.