4 ms·
When someone says you must RTO to a place like San Francisco or Seattle just respond that you will require a 250% pay raise for real estate cost differences. M
by api 2y ago
When someone says you must RTO to a place like San Francisco or Seattle just respond that you will require a 250% pay raise for real estate cost differences.
Might help change zoning policy in those cities too if managers and executives see that the entire local economy is basically an elaborate machine to funnel money to property owners with extra steps like employment.
- mikestew 2y ago[flagged]
- lucaspm98 2y agoThe poverty line for a family of 4 in San Francisco was $149k in 2023. I live in a MCOL city with all the modern amenities and on $150k can be a comfortably upper-middle class sole income earner, buy the average house, and send 2 kids to private school if needed. A 2-3x pay differential is a fairly accurate COL difference for a family moving to NY or SF, maybe even on the low end if comparing to a rural area.
- mikestew 2y agoI’m not debating the accuracy of GP’s statement, but rather the level of success one might have with that negotiation tactic. I’m waiting to hear the success stories of negotiating that 250% CoL raise.
- bloopernova 2y agoI was offered a job in San Francisco. For the same salary as my Michigan based job. And of course they wanted 100% in office. They were confused when I rejected the offer.
- johnnyanmac 2y agowould have been funnier to counter offer with 300% of the compensation they offered.