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I've seen a few companies in the past that did this and what it amounts to is basically underpaying (60th percentile here) in HCOL and losing your best talent (
by iLoveOncall 4y ago
I've seen a few companies in the past that did this and what it amounts to is basically underpaying (60th percentile here) in HCOL and losing your best talent (the company is based in Mountain View here).
It also ignores a lot of the reasons why pay is lower in some places (free healthcare, etc.).
As much as I dream getting a Silicon Valley salary in a remote part of Spain, I don't think it's the right solution.
- ThrowawayR2 4y ago> "basically underpaying (60th percentile here) in HCOL and losing your best talent" Any developer who leaves because they think that 60th percentile pay means they are being paid less than average is what is euphemistically referred to as "good attrition".
- iLoveOncall 4y agoI never talked about average. Great engineers want the 90th or even 99th percentile. Paying the 60th percentile means that you will not get the best people, that's it.