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If Google is willing to pay 500 but FB says you get cut to 250... you're going to work for Google. The companies will pay out as long as they get good returns o
by grumple 6y ago
If Google is willing to pay 500 but FB says you get cut to 250... you're going to work for Google. The companies will pay out as long as they get good returns on the money. Location will become irrelevant for pay.
If companies say you'll get a pay cut, it presents an excellent opportunity to poach some talent.
- shakkhar 6y agoOnce Google realizes that people are willing to work for 250k, there really is no reason for them to continue to offer 500k. The salary inflation in the Bay area is at least partially fueled by a shortage of people willing to move there. There really is no way of extending the hiring pool while keeping salary at Bay area level.
- s09dfhks 6y agoThats a very good point!