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But we're not paid by CoL, rather, the job market. If I move to a very small but expensive village, I'm not going to get paid more than being in London. Silicon
by cameronbrown 6y ago
But we're not paid by CoL, rather, the job market. If I move to a very small but expensive village, I'm not going to get paid more than being in London. Silicon Valley is just a weird edge case where there's so much talent in one place that it's affecting CoL.
Regardless, there's always going to be a premium on in-person talent.
- WhompingWindows 6y agoI don't understand your comment...What's your point here as it relates to remote employees? They by definition are not in the job market of "in-person" laborers, so shouldn't we confine the conversation to remote employees' comp?
- deleted 6y ago[deleted]
- R0b0t1 6y agoYes and no. If a company wants to pay less they typically calculate their reduction based on CoL. But I agree that it is doubtful they'd ever pay more.