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> see the “location factor” between San Francisco and NYC is 0.85. I would be laughing my way right off of that negotiation video call... Dallas is a 0.800.
by vonmoltke 7y ago
> see the “location factor” between San Francisco and NYC is 0.85. I would be laughing my way right off of that negotiation video call...
Dallas is a 0.800. I'd be all over Gitlab if I still lived there.
Meanwhile, New Jersey and Virginia have the same factor as Alabama and Mississippi (0.633).
I don't oppose the idea, but I want to know whose ass they pulled this table of adjustment factors out of.
- mpeg 7y agoLondon, UK is a 0.628 which is laughable.
- fernandotakai 7y agoabsolutely bonkers. london was one of the most expensive cities i've ever visited -- can easily compare to NYC.
- perl4ever 7y agoIsn't this a product of the different exchange rates people use? From what I've seen, if you want to buy something large like a car in the UK, you can approximate the cost by taking the American price and converting it using the official exchange rate, which is...1.23 at the moment but often higher. But the salaries I see advertised are generally as if the exchange rate were 1:1. So I think wherever this factor comes from, it's not new or obscure, and at about 20%, it pretty much explains the discrepancy here.
- john_cogs 7y agoThis explains how GitLab calculates the location factor: https://about.gitlab.com/handbook/people-operations/global-compensation/#calculating https://about.gitlab.com/handbook/people-operations/global-c...