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If you get a cost of living adjustment, you still live in a place with much lower cost of living which gives you way more flexibility. If 50% of income goes to
by treve 6y ago
If you get a cost of living adjustment, you still live in a place with much lower cost of living which gives you way more flexibility.
If 50% of income goes to rent, you burn right through your savings if you want some time off.
- simonebrunozzi 6y agoOr, you change jobs :)
- mtnGoat 6y agoI would file my resignation immediately if my employer tried to do "regional" pay. An employee is worth what they are worth, locale shouldn't effect that.
- treve 6y agoWhat's your definition of 'worth' though. Dev salaries are way inflated in very specific regions due to high demand and low supply. If location becomes less important, salaries will normalize... which means down if you're from the Bay area.
- mtnGoat 6y agoI'm all for normalizing pay, then all the talent won't go to the Bay, stack cash, then move back to middle America? Worth it determined by the market, of course.
- treve 6y agoYeah, I don't want to be an employee all my life.
- coffeemaniac 6y agoSome companies will base your new salary on "the market" for software developers in that area -- they are making a point of not including CoL in this calculation. So this is a good strategy if you're moving to another large software hub, less so if you're moving to a suburb right outside one.