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Yeah, essentially stop hiring ordinary skill in high cost locations. Why would you? Why would you pay $200K to someone in San Francisco for work that can be don
by ponker 6y ago
Yeah, essentially stop hiring ordinary skill in high cost locations. Why would you? Why would you pay $200K to someone in San Francisco for work that can be done for $100K in Alabama? Unless the person in San Francisco is higher skill, in which case they will be hired at a higher level/comp package, which has nothing to do with geography.
Pay adjusted to location is an unearned bonus for people living in expensive areas. People arguing for non-location-adjusted comp want wages to race to the bottom, allowing the people living in the poorest areas to earn that money, which makes sense from a social justice point of view but is going to really suck for the people who have gotten used to earning $200K entry level in San Francisco.
- kag0 6y ago> going to really suck for the people who have gotten used to earning $200K entry level in San Francisco at first, yes, but wouldn't CoL eventually come down if everyone were earning a nationally based income?