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> Salaries are in large part determined by local factors Salaries should be a function of value produced amortized across the convenience and reliability of a
by sleepychu 7y ago
> Salaries are in large part determined by local factors
Salaries should be a function of value produced amortized across the convenience and reliability of a predictable salary for the employee. Where I am sitting has no bearing whatsoever on the value produced and it is the primary thing that prevents me from pursing a job at gitlab.
Also this argument ignores the side benefits having an enormous salary offers you. (e.g. X% into your pension is a bigger number)
> If anything, pushing for a worldwide universal salary would likely lower earnings of the top X%
Sounds fine to me.
- AmericanChopper 7y ago> Salaries should be a function of value produced amortized across the convenience and reliability of a predictable salary for the employee Salaries should be the equilibrium price where an employers willingness to offer a salary meets an employees willingness to accept one. The only surprising thing about their scale is that they’re willing to hire people in high cost-of-living locations at all.
- sweeneyrod 7y agoIf you're refusing to pursue a job at Gitlab because it would pay less then the market rate where you live then the issue isn't that their salaries vary geographically but just that they don't pay enough in your area. If you you object even though they pay higher than your local market rate then you have a weird aversion to money that I don't see a reason for anyone else to care about.
- sleepychu 7y agoI currently live in a major city but have plans to move to a lower cost rural area. If I did that while I was working at Gitlab they would slash my salary and reap my cost saving, do you think I would be generating less value for them in exchange?
- sweeneyrod 7y agoThere are two answers to this. One is "No, but prices aren't determined by 'value'. Having air to breathe is very valuable, but it's free! You've got to consider supply as well as demand." The other is "Yes. Previously you were the most efficient source of code per dollar they could get (on the margin). Now you aren't."