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There's a Pareto optimal middle ground here, because companies that pay more don't want to pay a lot more. They want to pay enough to beat their competitor's of
by madrox 6y ago
There's a Pareto optimal middle ground here, because companies that pay more don't want to pay a lot more. They want to pay enough to beat their competitor's offer. All companies involved aren't interested in that number going higher than it has to. This is why cost of living adjustments exist in the first place. The pandemic didn't invent remote work.
- ironmagma 6y agoThe pandemic didn’t invent remote work, and that’s why even after the pandemic, some companies will pay the same regardless of where you live, just as they did before. It’s up to the employee to choose the place that they most prefer to live in that case, which maybe it’s a city that gives them high margins or maybe it’s one that gives them a nicer quality of life per some arbitrary metric.
- ironmagma 6y agoKeep in mind, as well, that employees are already not forced to live where their employer wants them to be. They can live far away from work, and then commute an absurd amount each day, then get their paycheck and keep their cheap cost of living too. We don't pay someone who comes into the office less just because they live far away. It's just that in that scenario, a lot of carbon is being emitted, and the employee's life is being wasted needlessly.