4 ms·
Why Gitlab pays local rates
- tnolet 8y agohard problem to crack, but the reasoning in the "Standard pay eats away at production and personnel" paragraph is a bit simplistic. It's not explaining or supporting the "why". It is just stating the obvious.
- arpinum 8y agopayng Different wages where there is freedom of movement does not make sense to me, especially since only 1/3 of wage difference gets eaten up by rent in my location. It almost traps people to stay in London when they could be much healthier and more productive working in Portugal. I don’t see why they even need people in London for geographic diversity. Also, their salary calculator for my area is 30% below market, so something is off.
- fxfan 8y agoWhen I choose to live in, say, Shanghai- it doesn't automatically reduce my cost of living. I'm losing the security of clean drinking water so bottled water costs me- ~30$ per month. I'm giving up on social security but need to invest in a way that I have it. I'm giving up on safety regulations so have to buy and do things accordingly. In the end the cost of living equals out. I do not living in London so I need to manage my own health. Any argument about local rates is bogus
- ukoki 8y agoShanghai and London may have similar costs of living after certain factors are accounted for, but that’s a coincidence not a rule. Compare Manchester and London. London has much higher rents and higher prices in shops, bars and restaurants. Everything else is about the same. Ergo, London has a higher cost of living.
- ergocoder 8y agoThere are two weak points that I can see: I live in Bay Area as a single person. Even though the living cost is high, I still save more than $100,000 USD per year. Think about it. A $3,000 monthly apartment is only $36,000 a year If Gitlab pays a local rate, and, say, I live in Vietnam (where I'm from), it's almost impossible to reach $100,000 USD in savings. Bay Area's cost of living is high. But the salary is way way higher. If I joined Gitlab, I'd just move to Bay Area for an instant increase in my saving performance. Another one point is that Gitlab will be at a great disadvantage in hiring outliers (e.g. someone extraordinary). They're gonna demand the Bay Area's rate no matter where they live. But I suppose Gitlab will definitely make exceptions for these kinds of people.