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It depends. It's not that uncommon for remote-only companies to offer location-agnostic compensation with tech hub city comp being used as the baseline.
by kitsunesoba 3y ago
It depends. It's not that uncommon for remote-only companies to offer location-agnostic compensation with tech hub city comp being used as the baseline.
- ghaff 3y agoI can't prove it but I strongly suspect that top-tier Silicon Valley compensation for remote startups isn't the norm. I know if I were running one I would absolutely consider using benefits like remote work to lower my compensation packages if I could.
- kitsunesoba 3y agoI don't run a company either, but I suspect it boils down to how serious one is about not only attracting but retaining talent. The flipside of having access to a vastly wider pool of talent is that the talent has access to a vastly wider pool of employers. As such undercompensated employees already know of or will quickly discover their value and are likely to move to greener pastures when the opportunity inevitably presents itself.