Re:Why you're having trouble hiring
by jorblumesea on Monday November 19, 2018 @12:00PM
(#18487759)
As you pointed out, the cost of living is low, but there are some serious trade offs to consider.
For example:
* There's usually only a few large employers in town, and switching jobs is a very diplomatic and drawn out affair
* Buying a house is cheap, but good luck selling it.
* Your salary is lower which is fine due to living costs, but your equity grants will also be lower. This is a big deal.
* Talent learns from talent, and the pace of life in many lower COL is "this is just a job I get paid for" compared to "this is something I will do for life". Learning opportunities are slim.
For example:
* There's usually only a few large employers in town, and switching jobs is a very diplomatic and drawn out affair
* Buying a house is cheap, but good luck selling it.
* Your salary is lower which is fine due to living costs, but your equity grants will also be lower. This is a big deal.
* Talent learns from talent, and the pace of life in many lower COL is "this is just a job I get paid for" compared to "this is something I will do for life". Learning opportunities are slim.
It works for some, but buyer beware.