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I'm not sure how that works in practice. Even with the CoL adjustment, people from lower CoL area still cost less. Say a company has a choice between engineer
by vladvasiliu 6y ago
I'm not sure how that works in practice. Even with the CoL adjustment, people from lower CoL area still cost less.
Say a company has a choice between engineer H from a high CoL area and engineer L from a low CoL area. They are otherwise comparable in their skills, experience, etc. Why would they hire H when L is expected to be able to do the job to the same standard?
How is this eliminating competition based on location? People would move to a lower CoL area, so they could get an advantage.
- hobofan 6y agoYeah, you are right, that didn't make much sense...
- Thorrez 6y ago> Even with the CoL adjustment, people from lower CoL area still cost less. How so? If the CoL adjustment is high enough, they should have equal costs. But I do see your overall point that with a CoL adjustment people in a low CoL area would in theory be able to be hired easier, because in theory they wouldn't need to be held to as high of a hiring bar.