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> Losing access to the free food is effectively the same as taking a pay cut Except now you have the choice of living anywhere you think the cost of living mak
by tomnipotent 6y ago
> Losing access to the free food is effectively the same as taking a pay cut
Except now you have the choice of living anywhere you think the cost of living makes sense for you, which more than makes up for this.
> a reasonable way for the business to save money right now
And so is not having to worry about office space, leases, parking, security, and the cost of logistics of running an office. WFH has the ability both save companies money and put more money in workers pockets.
- jgon 6y agoDo you have any examples of major companies that are remote that aren't scaling their remote pay with the COL where the employee is located? Every single instance I've seen of companies announcing "we support remote" has had in small print "we will not pay you SV salaries if you live in the mid-west", so the cost-of-living argument doesn't really win anything as your pay scales with it.
- tomnipotent 6y agoMy understanding, is that even with COL adjustment most people are actually saving just as much money after expenses as they did on the SV salary. Granted it's just anecdotal (and mostly from HN).
- nucleardog 6y ago> > Losing access to the free food is effectively the same as taking a pay cut > Except now you have the choice of living anywhere you think the cost of living makes sense for you, which more than makes up for this. We were able to basically just put one car in storage. Car insurance, gas and parking alone are saving me like $650/mo. That alone would be enough for me to go buy a fresh fruit platter every workday to pick through and throw the leftovers out and still come out ahead.