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This will continue until enough high profile people publicly leave their jobs, and specifically mention how their new company doesn't cheat them out of the mark
by kstenerud 5y ago
This will continue until enough high profile people publicly leave their jobs, and specifically mention how their new company doesn't cheat them out of the market rate based on their lifestyle choices.
- robertlagrant 5y agoI don't think market rate means what you think it means. The way for this to balance is for good people to get remote jobs to pay them enough to stay. The difficulty is that more good people are now available via remote, to press down on salaries.
- ascar 5y agoThat is based on the pretty bold assumption that SV salaries are the actual "market rate" while it is much more likely that the true market rate is much lower and SV salaries are inflated. There is enough talent outside of SV that is willing to work for much lower salaries. Actually there is orders of magnitude more talent of similar quality/intelligence available globally.
- lexapro 5y ago>Actually there is orders of magnitude more talent of similar quality/intelligence available globally. Yes and now they don't even have to move to SV anymore.
- jstx1 5y agoThe other side of this is that if you're a high profile person at Google, there are few companies that can give you similar or higher compensation. Even fewer if you only consider remote.