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> It should be about the value I bring to the company, not where I live. It's a balancing act. If companies pay based on value added to the company, they will
by RHSeeger 4y ago
> It should be about the value I bring to the company, not where I live.
It's a balancing act. If companies pay based on value added to the company, they will wind up paying more than average in low COL areas, and less than average in high COL areas; so they won't be able to hire people in high COL areas at all. If they scale pay based on COL, they'll be able to hire people in both areas. So yes, it's not "fair" to people in lower COL areas, but it's not arbitrary either.
- deleted 4y ago[deleted]
- eru 4y ago> [...] so they won't be able to hire people in high COL areas at all. You say it like it's a bad thing. If they can hire people for relatively cheap purely from low COL areas, and make the company work, they should totally go for that. That's the whole reason behind having offices in even cheaper areas like Vietnam, instead of just the American Midwest. Of course, if you can't actually run your business purely on people from low COL areas, that means there must be something the people from the high COL areas bring to the table that's worth it for your business. And that's proves the original commenter's point that the company should pay you according what value you bring to the company.