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A comment on Buffer’s Salary Formula 3.0. Parent comment

Re:Buffer’s Salary Formula 3.0 by karrotwaltz on Thursday January 04, 2018 @08:42AM (#16070227)
But everything else is the same price. If my rent is twice the price of yours, should I really have twice your salary?

If the formula for salary was (basic expenses * life factor) + (benchmark * role * experience) I would understand, but we're nowhere near that.

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Re:Buffer’s Salary Formula 3.0 by humanrebar on Thursday January 04, 2018 @08:57AM (#16070316)
> But everything else is the same price.

It's more complicated than that, too. The average NYC rent is higher, but the average NYC apartment is also smaller. And the average commute for a SF employee is longer. Let's say you're in a three bedroom townhouse with a garage ten minutes from work in Austin. Is the COL adjustment going to pay you enough to have a three bedroom townhouse ten minutes from work in SF?

Also, COL is more local than the city. The rent in Jackson Heights, Queens is a fraction of the rent in Chelsea, Manhattan.

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