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Local workers don't compete with local workers in other locales, but remote workers do. EDIT: But this implies that people in big cities can expect to see thei

• ghaff 6y ago
  >But this implies that people in big cities can expect to see their pay go down to match the greater competitiveness of remote workers, not the other way around. It really depends how fully remote a company goes. To the degree there's still some company advantage to anchor locations that some employees come into on a semi-regular basis, a company might still want to pay some premium for employees to live in that area. However, to the degree that a company were fully remote (and ignoring that some functions will still be physically close to customers), then high CoL vs. low CoL becomes purely an employee decision, it's hard to see the company paying those premiums. So, leaving aside real world messiness, the expectation would be that salaries head towards one (country-wide) value for a given set of skills.