3 ms·
I think that's great. More the merrier. We at Pex went through this kind of transitions few years back, although we are basing our compensation on LA for USA a
by doh 6y ago
I think that's great. More the merrier.
We at Pex went through this kind of transitions few years back, although we are basing our compensation on LA for USA and CA and on Vienna for Europe.
We made this decision with the understanding that we can't compete for talent in the most expensive places of either continent but we are still left with great amount of people.
It worked well for us. Not only while hiring candidates, but more importantly allowing our employees to move closer to their families or finding places to live that better match their lifestyle. We generally notices overall increase in happiness across the company while people are not restricted to single area. Also the financial pressure dropped significantly which means people stay with us longer even if they are offered better paid jobs (at least in the cash portion).