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Something everybody involved ought to understand before going too far down this road; you're not going to spread Silicon Valley prices all around the US and int
by jerf 6y ago
Something everybody involved ought to understand before going too far down this road; you're not going to spread Silicon Valley prices all around the US and internationally. If you force the companies to pay a flat wage, you're going to get an averaging out at best, and nobody's going to be paid Silicon Valley's current wages.
Whether this is good or bad is beside my point, as are what other second-order effects may arise. I'm simply pointing out, "everybody in the world gets paid SV rates" simply isn't on the table. So don't go into this process expecting that outcome.
- echelon 6y agoHiring is still hard and top talent is rare no matter where you are in the world. It's going to take a long time before prices bottom out. I predict wages will stratify based on what kind of company you work for, not where you live. FAAMG will still pay top dollar. Best of luck if you work doing coding for, say, the Weather Channel.