De-Location Package: Keep Your Career and Live Beyond the Bay Area

Re:De-Location Package: Keep Your Career and Live Beyond the... by eldavido on Friday March 17, 2017 @06:19PM (#13898477)

I'm very interested in this question from an academic perspective -- where will the remote vs. local market clear, if more companies start doing this.

Scenario A: More companies pay equally remote vs. local

Scenario B: cost-of-living adjustments mean companies pay the local prevailing wage of where the employee is located.

My prediction is that we'll get about 80% scenario A and 20% scenario B. Remotes might take a hit but it won't be large, and that's based on elasticity of demand -- I suspect companies have a less elastic demand for talent overall, vs. employee willingness to move.

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Re:De-Location Package: Keep Your Career and Live Beyond the... by nedwin on Friday March 17, 2017 @09:31PM (#13899393)

I suspect you're right re: Scenario A. But I think it'll be at the detriment to engineers in high cost of living areas.

Manhattan and SV don't have a monopoly on great engineers for the vast majority of engineering roles.

Remotes won't take the hit. It's those who for some reason (family, prestige, other) are stuck in these centres.

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