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The company wouldn't move if it still had to pay 500K. 500K in SF gets you a smaller place and plenty of discretionary income. Companies in other places can of
by majormajor 7y ago
The company wouldn't move if it still had to pay 500K.
500K in SF gets you a smaller place and plenty of discretionary income. Companies in other places can often give you a house, but not match the discretionary income.
- newfangle 7y agoWhy not? Pay your engineers 500k in a medium cost of living city and you will have the best employee retention of any company once they get used to their quality of life.
- peripitea 7y agoYou probably won't be able to hire nearly the same quality of engineers. At least not at the same scale.