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Selfishly, no, you should offer to pay what you think is fair for the exchange of service you receive. If you get the same quality work from a person who lives

Selfishly, no, you should offer to pay what you think is fair for the exchange of service you receive. If you get the same quality work from a person who lives in NYC as a person who lives in Ohio, the pay should be equal. But, as a business person, you should pay the lowest amount you possibly can while maintaining the level of quality you require. People who live in LCOL areas are more likely to accept a lower bid to do the same amount of work, which opens the pool of labor up enormously for a lower price point. What you absolutely shouldn't do imo, is set up a job req for a price point, then negotiate a candidate down because of where they live. If you can only pay 80k / year, then offer 80k. If you get a candidate from somewhere that 80k is above average, isn't that just a win/win?

monkin 6y ago
> But, as a business person, you should pay the lowest amount you possibly can while maintaining the level of quality you require. People who live in LCOL areas are more likely to accept a lower bid to do the same amount of work, which opens the pool of labor up enormously for a lower price point. Wow, that hurts. You treat all your employees as slaves? What about investing in people to produce better quality and commitment? I always thought that it is better to have one Gilfoyle who can afford a new Lamborghini every month no matter where he lives, than having 50 miserable copies, because someone wants to save a few pennies. And guess what? At the end they cost you more...