25 ms·

They are willing to pay up to what the work is worth for them. The work is not worth more just because you happen to live in the bay area.

• rplnt 9y ago
  No, you actually pay as little as possible to keep the employee happy and working for you. The living expenses move with this lower bound. More here: https://news.ycombinator.com/item?id=16051409 https://news.ycombinator.com/item?id=16051409
  • pc86 9y ago
    In my experience employers often pay less than it takes to keep the employee happy and working. Most of the full-time jobs I've quit have been for pay and little else.
    • nwatson 9y ago
      Interesting ... I've usually quit when I've been reasonably OK with the pay but the work no longer is interesting, the company culture changes, or I'm disturbed by the company's direction and don't think it will last. The switch has always translated to higher compensation as well.