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Why would the cost of living factor in? If I move to a place that has a very high cost of living, then I don't get paid more. Why would the reverse be true?
by phicoh 5y ago
Why would the cost of living factor in? If I move to a place that has a very high cost of living, then I don't get paid more. Why would the reverse be true?
- lars512 5y agoPay is loosely related to the value you provide, but also to the balance of supply and demand for a role and a place. You simply can't attract a person from a high cost-of-living place without paying them a higher salary. Companies explicitly factor this into their salary mix, e.g. check Buffer's formula https://buffer.com/salaries https://buffer.com/salaries It's not necessarily how I'd wish things, but it seems to be the reality of the job market.
- brabel 5y agoDo you work in Sillicon Valley? Do you think developers working there are just much better than anyone else and deserve earning 300K+ while the rest of us are on 100K if lucky?
- Viliam1234 5y agoHow difficult would it be to do the following? - rent the cheapest place (smallest, worst, etc.) somewhere on the edge of an expensive area = this will be your official address; - buy or rent a nice large place in a cheap area = you will actually live here; - work from home. Bonus points if you share the cheap place in the expensive area with your friends (no problem, since no one is actually going to live there).
- pmiller2 5y agoBoth of those would have to be in the same state for it to work, due to the way taxes are withheld and paid. Otherwise, you're probably committing tax fraud.