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To be honest, my OP was a little hyperbolic. It's more like you'll be less able to demand a wage premium because you're willing/able to live in a high COL plac
by Consultant32452 6y ago
To be honest, my OP was a little hyperbolic. It's more like you'll be less able to demand a wage premium because you're willing/able to live in a high COL place. But you still have lots of other attributes/skills which are valuable.
I already live in a low COL location and successfully demand Bay Area salary. So obviously I don't see a problem with this. Most people all across the country will see no appreciable change here. The only people who need to be concerned are people who are unable to demand a high salary based on their attributes other than geography.
- rargulati 6y agoThis to me is the real argument: those who can demand a high salary regardless of geography, and those who can only demand a high salary _because_ of geography. The mistake is many people in the latter group think they are in the former.
- Consultant32452 6y agoThat was so much more perfectly succinct than me. Thank you for capturing it so well.
- biztos 6y agoThanks, that puts it much better than I did. Like many, I think I'm in the former group and will allow myself a little Schadenfreude if the latter group gets an "adjustment." Unless it turns out I'm wrong. :-O
- jandrewrogers 6y agoThis concisely captures an important element of the dynamic. I am often offered extremely high wages, even by Silicon Valley standards, to work remotely from wherever I wish. And some of these companies are not in expensive locales. They aren’t always paying for geography. There are many skills and levels of talent for which there is always a global shortage.