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Crazy that people accepted a pay cut to move.
by notwhereyouare 5y ago
Crazy that people accepted a pay cut to move.
- TylerE 5y agoWhy is it crazy if, say, a 30% paycut lowers your CoL by 50%?
- rognjen 5y agoAnd improves your quality of life as well.
- refurb 5y agoDoesn’t your net savings at the end matter? For me at least the added COL is more than offset by the higher pay. Edit: This is more a pre-Covid comment. No idea the math for remote post-Covid.
- devoutsalsa 5y agoIt's not what you make, it's what you keep.
- tengbretson 5y agoDoes your company adjust the price it charges its customers based on their geographical "cost of living"?
- prepend 5y agoYes. Google ads are much cheaper in my rural area than a large metro area. Food, gas, plumbing, etc are also cheaper.
- austhrow743 5y agoTons of companies do. I forget the exact number but I was paying like $3/month for Spotify when I was registered as living in Indonesia and paying with an Indonesian bank card.
- foxpurple 5y agoSteam also does this. Massively different prices for different countries.
- aliyfarah 5y agoNBA also does this for League Pass. A simple work around is to use a VPN to connect from India and buy with rupees. You have to sign in again with VPN each time though when loading a video, disconnect from VPN and then refresh.
- Kranar 5y agoOf course, that's the very meaning of cost of living.
- foxpurple 5y agoThat’s irrelevant. It’s up to you to make a choice about what is the best value and suits you best. Rather than paying a high CoL on principal even though you would be better off somewhere else and on a pay cut.
- gnu8 5y agoWhy on earth should you take the pay cut? That savings is yours, not the company's. If you take a pay cut for relocating to a lower CoL area, you are being stolen from.
- austhrow743 5y agoDid you not read the part where their cost of living dramatically dropped? You know, the entire comment you replied to?
- gnu8 5y agoDid you not read the part where the salary dramatically dropped? Why is it justifiable to pay someone less for the same work, just because of where they live? If I find a way to produce the same output but with lower expenses, the difference is my profit. I don't share that with the party purchasing my output so they can fucking steal it.
- austhrow743 5y agoWhat does amount of work have to do with anything? Justifiable? What? This isn’t unicef. There’s no moral question here. It’s a bunch of tech assholes divvying up the spoils from further computerising the modern human experience. Then the notion that anyone is being stolen from is just completely ridiculous.
- freyr 5y agoThinking that they’re paying you some intrinsically fair rate for a quantifiable unit of work is nice, but not true. They pay the minimum they feel is required to retain you and prevent you from going to a competitor. And if that amount exceeds the cost to hire someone who can do your job as good as you, they want you gone. That’s it. They know that working remotely from a place with a lower cost of living is a perk. They know even if you take a pay cut, you’ll come out ahead. They know the minimum they need to pay you to retain you has gone down.
- medvezhenok 5y ago
- staticassertion 5y agoNot really, not to mention they can just leave later.
- freyr 5y agoOr they did the math and it was worth it. Maybe they don’t already own a home in the Bay Area? The article mentions a 10% cut at a company where the average senior engineer makes $450k a year according to levels.fyi. In most of the country, you’re living very, very well on $405k a year. In the Bay Area, you’ll make a 11% more and be house poor or spend your life in traffic. For most people, that’s a bad deal. I’d put it this way: if a recruiter called me and suggested I quit my job and move back to the Bay Area for an 11% pay increase, I would be laughing as I hung up the phone.
- ojhughes 5y agoI work there and I’m pretty sure 450k average is wildly exaggerated