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Where did Facebook say that "cost of living" will impact salaries? At Google (where I work) salaries vary a lot based on location but cost of living is not part
by habosa 6y ago
Where did Facebook say that "cost of living" will impact salaries? At Google (where I work) salaries vary a lot based on location but cost of living is not part of the equation. It's based on the cost of hiring in the market.
I'm personally in the middle of an SF to London transfer. I'm taking a 25% pay cut. That is not because it's cheap to live in London (it's not) but rather because it's very very cheap to hire developers there.
I imagine Facebook will do something similar.
- throwlaplace 6y ago>That is not because it's cheap to live in London (it's not) but rather because it's very very cheap to hire developers there. lol those are exactly the same thing
- tricolon 6y agoYou misunderstand. While salaries are relatively low in London, the cost of living (i.e. rent) is relatively high.
- mFixman 6y agoUnrelated to the topic, but you are making a good decision. Cost of living in London is not too different from SF, but FAANG salaries are still ridiculously high here and quality of life is considerably better. You'll have less savings, but you'll enjoy life more.
- causehealth101 6y agoExactly, it's based on the local market's cost of labor. I'm curious about this topic - are developers cheaper to hire because there is an oversupply of them or an undersupply of jobs?