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I'm not sure about higher wages following my admittedly limited experience. I applied to some remote-only companies based in France, but I was quickly out of t
by quicksilver03 7y ago
I'm not sure about higher wages following my admittedly limited experience.
I applied to some remote-only companies based in France, but I was quickly out of the competition because the companies could hire other people at much lower wages than what I (living in the most expensive city in the country) was looking for.
I think that hiring remotely will lead to lower compensation on average, because all else being equal companies will prefer those with lower salary expectations.
- blaser-waffle 7y agoThat's explicitly the point -- target qualified or mostly qualified individuals in lower COL areas. You may not be the best qualified remote worker but we can shave your salary by 80K if you live in rural Kentucky and still get a good enough IT worker in ~6 months. Companies also make office overhead costs into an externalized problem, in that the employee is responsible for desks/tables/chairs/heating/cooling, plus bandwidth and even computers. I see big advantages and downsides to this, but it is useful from a cost cutting perspective. The tradeoff is the difficulty of hiring, managing, and communicating remotely. Plus I don't think everyone is cut out for remote work -- after 5 years remote I'm starting to think I'm not...