3 ms·
Here's my favorite side effect of this latest scam: MUCH lower salaries for the same level of work. How does it work? Well, BigCorp X says, hey, you can remote
by MilStdJunkie 3y ago
Here's my favorite side effect of this latest scam: MUCH lower salaries for the same level of work.
How does it work? Well, BigCorp X says, hey, you can remote! So we just need to pay a salary for the CoL in Jackson MS. That's fair! Also we're moving our offices there. So, theoretically, since anyone can work there, and that's where we moved our headquarters, that's our pay scale. Then, you pull that rug, and now they come back into the office - still making 1/3rd of their previous salary. Except now they're in Jackson, with the region's only employer that doesn't involve chicken in some way.
Companies loooooooove it when they're the sole employer for hundreds of miles. Love it love it love it.
It's frickin' brilliant. I'm looking at some Mech Eng salaries for Level 2s, and I swear I'm seeing some 40k numbers. That is bananas. The ONLY way they can square that is they're adjusting L2 money for the CoL in Alabama, or maybe Zaire.
I mean, it's brilliant . . assuming you're trying to get rid of as much payroll as possible, so that you can wave your MBA wand and leverage the whole sinking ship into something resembling cash. Wait a second, I've got Dave Calhoun on the phone.
- Taikonerd 3y agoI worry about this, too. "As long as all the IT guys are remote anyway, why are we paying them North American / European salaries? They have tech guys in India and China, don't they?"