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Anything other than the rate at the main campus is not a serious offer.
by 908B64B197 6y ago
Anything other than the rate at the main campus is not a serious offer.
- joshuamorton 6y agoWhy? Say you live in or near Atlanta, the rate paid to (on site) employees in Atlanta is less than the rate paid to (on site) employees in SF (I think this is true for pretty much every FAANG). Why should a remote employee in Atlanta make more than an onsite one?
- kelnos 6y ago> Why should a remote employee in Atlanta make more than an onsite one? Not more, but why shouldn't they be paid the same if they're doing the same work?
- not2b 6y agoMarkets don't care about justice. It's all about supply and demand. If a company needs people on-site in SF and also needs people on-site in Atlanta, it will have to pay the former more than the latter. If they don't, they will either be paying more (if they give the Atlanta folks extra money) than they have to or they won't be able to fill the positions (if they don't give the SF folks extra money).
- ghaff 6y agoWell, in the scenario you're responding to, you're actually asking why an onsite Atlanta employee should be making less than an onsite SF employee (based on the statement that remote should get main campus salary). And the answer is market rates but a lot of people don't like that answer.
- adamcstephens 6y agoIf the hiring pool is remote, then the local market rates don’t matter. Perhaps an open cost of living difference could be ok, but there is no market rate justification.
- zsmi 6y agoIsn't remote a disadvantage in that case as the pool is larger? If I'm the employer I don't need to hire everyone. I just need to hire a small subset of people, relative to the overall population in the pool who meets the qualifications of the job, who are also willing to work for X. The bigger the pool the bigger the competition and the easier it is to find the matching subset, no?
- 908B64B197 6y agoTwo reasons to open a satellite office. First is to cut costs, second is to grow the business and recruit from an untapped talent pool. I'm not a cost cutting person, so I'm not interested by the former. Trying to play games with CoL signals that instead of putting money in growing the product, they would rather try to squeeze as much as they can.
- URSpider94 6y agoBy that logic, why don't they just pay everyone five million dollars a year? Doing anything less is just squeezing employees. I learned from my first startup CEO, the number one cost for almost any company is payroll. If you can't manage it, you won't survive as a company. There's a difference between compensating people fairly, or even generously, for a job well done, and just leaving money on the table.
- sokoloff 6y agoIf there are more people who are equally qualified and willing to do the job remotely for less than the on-site team in Silicon Valley is, then the market for remote people to do the job is more employer-favorable than the on-site market. Why should they pay person X more than needed to get the level of talent they want under the conditions they're willing to offer?
- PenguinCoder 6y agoI have been asking this question for years, and also been downvoted on multiple sites (including HN) for asking it.
- the_only_law 6y agoWill I at least make the same insane TC CoL adjusted? Or am I more likely to be paid what an average developer in Atlanta can take home or just a bit more?
- joshuamorton 6y ago> Will I at least make the same insane TC CoL adjusted? There's enough disagreement about what this means that its difficult to say. If your goal is to buy a house, you'll be making more CoL adjusted. If you're happy to rent, its less clear cut but still probably close. > Or am I more likely to be paid what an average developer in Atlanta can take home or just a bit more More.
- chris11 6y ago> There's enough disagreement about what this means that its difficult to say. I remember a talk HR was giving about remote work. Someone asked about COL and salary adjustments. HR didn't mention cost of living, but they did mention cost of labor. That was a new term to me.
- Rebelgecko 6y agoAt least where I work, I come out drastically ahead by not working in the Bay Area. Even though my compensation is maybe 10% lower, it's really more like a 5-6% pay cut when I take my marginal tax rate into consideration. I'd be spending waaaayyy more than an extra 5% of my income if I wanted a similar lifestyle up in Silicon Valley (owning my home relatively close to work)
- URSpider94 6y agoYou can say that for yourself, but it's just not realistic. Lots of people are about to learn this the hard way as SV companies start to roll out their remote-work plans. Companies are going to pay you less money if you choose to live somewhere other than Silicon Valley, or perhaps NYC. Odds are, you'll still come out way ahead.
- sulam 6y agoI can see how you’d like that deal as a remote employee, but do you really think the company is going to hire you if they can hire someone locally for the same price? The only way this makes sense is if the local market is completely tapped out.
- mavelikara 6y agoMany immigrants working at SV HQs would love to relocate to the offices in their home countries with the same pay.