Or 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 s

Or 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.