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Is 50% of total comp realistic? I find it hard to believe that someone would be paid $250k in the Bay Area and work with someone at the same level in Boise gett
by pbourke 6y ago
Is 50% of total comp realistic? I find it hard to believe that someone would be paid $250k in the Bay Area and work with someone at the same level in Boise getting paid $125k. I can buy $250k vs $200k or something similar.
- mikeyouse 6y agoThat's the big question mark for remote -- There just aren't many jobs at an equivalent level of a $250k engineer in Boise. So often if you want to work as an engineer in Boise, you work for the airport or hospital or whoever has a 'real' business that needs software help -- and their pay scales are muuuch closer to $125k than $200k. Outside of engineering, I know a friend who did design for a web dev shop in the Midwest who 5x'ed his salary by moving to the Bay Area and joining Facebook.
- oarabbus_ 6y agoThen all facebook needs to do is pay the programmer $150k in Boise if the premium market rate there is $125k, no? Facebook saves $100k, Boise Engineer gets a 20% increase to their salary. And $150k in Boise likely results in a higher quality of life than $250k around SF.
- dbish 6y agoHere's one datapoint from gitlab. Fullstack engineer using their comp calculator can drop 40% (moving from 1.0 to .6 location pay multiplier) moving from SF to a cheap area: https://about.gitlab.com/handbook/total-rewards/compensation/compensation-calculator/calculator/ https://about.gitlab.com/handbook/total-rewards/compensation...
- UncleMeat 6y agoCross countries and this happens. Pay in Canada is a lot lower than bay area pay at Google.