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It seems like for most entry level engineers ranged at $100-120k who wants to live in a one bedroom apartment in SF, a 30% off in rent could potentially be bett
by bwang29 9y ago
It seems like for most entry level engineers ranged at $100-120k who wants to live in a one bedroom apartment in SF, a 30% off in rent could potentially be better than 30% cut in salary, considering the current tax rate.
In China, there have been attempts by startup companies offering employees sleeping pods near the office, while providing water and shower so that the employee can simply stay around the office during the course of a year long employment with occasional "offsite" airbnb living. But unfortunately such attempt was shut down: https://www.techinasia.com/china-napping-pods-startup-forced-shutdown https://www.techinasia.com/china-napping-pods-startup-forced...
- gotrecruit 9y agoThere is a similar concept in South Korean cities like Seoul, they're called Officetels. These are executive hotel rooms designed for office workers to sleep overnight if they work too late - inevitably i guess, most of these have been converted in recent years to AirBnB locations.
- s0rce 9y agoCompany housing is a bad idea, it's already bad enough in the us that your health insurance and retirement savings are tied to your employer, it makes it very hard to go and start something yourself or change jobs, not to mention abruptly losing your job since you have to find a new place to live.