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Small companies can try lots of interesting things, and they may or may not work out for them. Gravity Payments famously has their $70k minimum salary[0]. Duoli

Small companies can try lots of interesting things, and they may or may not work out for them. Gravity Payments famously has their $70k minimum salary[0]. Duolingo insisted on gender parity in CS hires[1]. But if Amazon or Microsoft tried the same thing, it might not work. I’m more interested in what geopay is going to look like industry-wide than what one small company is doing, but they might make an interesting data point. [0]: https://gravitypayments.com/thegravityof70k/ https://gravitypayments.com/thegravityof70k/ [1]: https://blog.duolingo.com/how-duolingo-achieved-a-5050-gender-ratio-for-new-software-engineer-hires/ https://blog.duolingo.com/how-duolingo-achieved-a-5050-gende...

UmbertoNoEco 4y ago
Funny how Amazon or Microsoft are perfectly happy to have mostly the same prices worldwide. Let me know when I can call them both to be priced at my country COL. There is always a justification or theoretical argument to avoid giving workers more rights.
candiddevmike 4y ago
There's a lot of drama around gravity payments. The CEO has some serious problems and raised the wages as part of a larger political game with cofounders: https://www.hundredeightydegrees.com/dan-price-business-fraud https://www.hundredeightydegrees.com/dan-price-business-frau...
- rsanek 4y ago
  Interesting claim, but a typo in the first few paragraphs of this article [0] immediately makes me doubt its veracity. [0] "Price, his brother Lucas and their father Ron worked as sales agents for a another credit card processor named Axia Payments"
smeagull 4y ago
It's really recognition that remote roles are essentially competing for people globally, so your competition is every other company hiring globally. The reason a lot of wages were lower for some cities, was a lack of competition for their hires. Now there's competition everywhere. Salaries will rise as a result. These guys are just skipping to the conclusion.
- sokoloff 4y ago
  I think these forces, should they become very common, will tend to normalize salaries globally. That means they’ll rise in some places, but fall in others, because just like the employers’ competition is now every other company hiring globally, the employees’ competition is every other capable employee globally.

UmbertoNoEco 4y ago

Funny how Amazon or Microsoft are perfectly happy to have mostly the same prices worldwide. Let me know when I can call them both to be priced at my country COL. There is always a justification or theoretical argument to avoid giving workers more rights.

candiddevmike 4y ago

There's a lot of drama around gravity payments. The CEO has some serious problems and raised the wages as part of a larger political game with cofounders: https://www.hundredeightydegrees.com/dan-price-business-fraud https://www.hundredeightydegrees.com/dan-price-business-frau...

rsanek 4y ago
Interesting claim, but a typo in the first few paragraphs of this article [0] immediately makes me doubt its veracity. [0] "Price, his brother Lucas and their father Ron worked as sales agents for a another credit card processor named Axia Payments"

smeagull 4y ago

It's really recognition that remote roles are essentially competing for people globally, so your competition is every other company hiring globally. The reason a lot of wages were lower for some cities, was a lack of competition for their hires. Now there's competition everywhere. Salaries will rise as a result. These guys are just skipping to the conclusion.

sokoloff 4y ago
I think these forces, should they become very common, will tend to normalize salaries globally. That means they’ll rise in some places, but fall in others, because just like the employers’ competition is now every other company hiring globally, the employees’ competition is every other capable employee globally.