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Two 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
by 908B64B197 6y ago
Two 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.