3 ms·
> These companies would need to spend lots of resources to legally navigate pay cuts to already-agreed-upon contracts. My pay went down by like 40,000 when I m
by UncleMeat 5y ago
> These companies would need to spend lots of resources to legally navigate pay cuts to already-agreed-upon contracts.
My pay went down by like 40,000 when I moved to fully remote. Whatever cost was involved in setting up a new contract for me is surely quite a bit lower than that.
> And they would also have to weigh the risk of those employees leaving for better pay elsewhere.
The industry hasn't settled on a standard, but the number of companies that offer permanent remote work at SF pay scales and also pay the same as Google is pretty low. Attrition for pay is real, but it isn't like Facebook doesn't do the same cuts.