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A lot of the discussions here never mentioned one issue that might arise if the companies didn't adjust for CoLiving: What would happened to the existing emplo
by hello_moto 5y ago
A lot of the discussions here never mentioned one issue that might arise if the companies didn't adjust for CoLiving:
What would happened to the existing employees of the same company that already accepted lower salary for being in LCOL?
Google Mountain View pays differently than other Google branches (heck for a while, the pay in Google Seattle was slightly lower compare to HQ).
Now you have Google Señor Developer in LCOL accepted the fact that they get paid less than their compadre in Mtn View, but your Mtn View compadre decided to be your neighbour while refusing your level of pay. Wouldn't that create tension?
- throwawaysea 5y agoSuch issues already exist. When the company adjusts pay scales they don’t go proactively bring everyone up to their “true” deserved pay. They might make some minor adjustment but are otherwise happy to let compensation linger above some defensible minimum and pocket the difference.
- joshuamorton 5y agoFWIW from the data I've seen (at Google) this isn't really the case. When the guideline for a location increases, salaries are set to the new guideline * whatever the prior performance/tenure/whatever multiplier on top of that guideline was. This is also the case when you transfer to a more expensive location. (A well-tenured senior engineer who transfers from Bangalore to Mountain View won't be set to the minimum salary for L5, but something higher)
- plafl 5y agoWas "Señor Developer" intentional or an auto correction of some spanish keyboard? Anyway I love it and I'm thinking of keeping it for myself.
- djmips 5y agoOld obvious but funny pun. Please enjoy!