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Be careful what you wish for. Remote will eventually cause a serious compression in the total comp of US based workers.
by next_xibalba 4y ago
Be careful what you wish for. Remote will eventually cause a serious compression in the total comp of US based workers.
- MisterBastahrd 4y agoIf top end compensation decreases by 20% but bottom end compensation rises by 50% as I'm seeing in local jobs which promote remote work, then I really don't care. It's still a fantastic upgrade over before. The entire reason that I'm in the DFW area is because I couldn't find meaningful work in the New Orleans area, where my family has been for over 300 years. The culture of Texas is just like the hue of the buildings in its cities: beige crap. The cultural equivalent of a generic strip mall. Yet here I am, because there wasn't any remote work at the time. Because of remote employment, the wages that are now available in the NOLA area are about far higher than they were a few years ago. So I really do not care if the people making 500K are eventually forced to accept 400K, because the people who were forced to accept 80K for a senior position are now getting 140K for the same type of work, and that number is accelerating upward. Compression is a great thing at the bottom.