4 ms·
what did you mean by tech hub rates?
by notastartup 12y ago
what did you mean by tech hub rates?
- grayrest 12y agoCompanies usually scale pay based on the cost of living in the city where the worker lives. Tech hubs tend to be high cost of living areas. A $115k job in NYC becomes a $90k job in Omaha based on the premise that it costs 25% more to live in NYC. This accurately reflects the buying power in the two different cities but base pay also generally translates percentage-wise into other benefits like 401k matching and your negotiating position for salary at your next job.
- bdcravens 12y agoPay them like they live in SF regardless of where they live.
- joesmo 12y agoPay market rates equal to that in SF / Silicon Valley as it's the most expensive area in the country currently.
- joesmo 12y agoPay market rates equal to that in SF / Silicon Valley as it's the most expensive area in the country currently.
- joesmo 12y agoPay market rates equal to that in SF / Silicon Valley as it's the most expensive area in the country currently.