2 ms·
They could easily be paying half their rent (and could approach paying just 20% depending on the situation.) Most people will probably save money.
by swiley 6y ago
They could easily be paying half their rent (and could approach paying just 20% depending on the situation.) Most people will probably save money.
- nobody9999 6y ago>They could easily be paying half their rent (and could approach paying just 20% depending on the situation.) Most people will probably save money. I was offered this "choice" back in 2013. Despite the fact that I (and my co-workers) were almost completely remote already, we were told that if we didn't relocate to Tallahassee, FL from NYC and accept a 20% pay cut, we would need to find new employment. Even worse, should we accept this "generous offer" we would be guaranteed employment for 12 months (presumably long enough for them to find and hire locals who are compensated less, then have us train them). I did the math and while I could certainly save on rent, the costs of an automobile, its fuel and maintenance, including insurance made the transition close to a wash for me. I'd also point out that NYC is a wonderful, urban place to live. While Tallahassee is a typical sprawling, suburban place with limited (although more so than some other parts of Florida due to UofFL and it being the state capital) culturally diverse stuff. I chose not to do so (as did all but one of my colleagues -- who did so at great personal sacrifice to make sure she could continue to support her family) and haven't looked back. My experience is that such plans tend to be a salary dump by the company, made worse by the ability to slowly replace those who relocate with much cheaper local resources. Why would you want to uproot your life (and that of your family, if you have one) just so you can be replaced by someone cheaper in the not-so-distant future? That's not to say such a plan isn't a good thing for some people, but I found it to be not worth it.