Re:People don’t want to commute; they just don’t want to mis...
by bryanlarsen on Tuesday October 01, 2019 @09:09AM
(#21124892)
For most companies, the alternative to CoL salaries isn't Bay Area salaries, it's the lowest salary they can get away with. In other words, people in the Bay will get less, people in the Midwest won't get more. Be careful what you wish for.
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Re:People don’t want to commute; they just don’t want to mis...
by ghaff on Tuesday October 01, 2019 @09:28AM
(#21125067)
Arguably, Bay Area tech salaries at the big employers are somewhat of an outlier. They tend to be pretty generous even when you take CoL into account. (The same could arguably be said of some areas of financial services in NYC.)
But, even historically in the Bay Area, that's not really the norm. Compensation in high CoL areas is often higher but not really equivalent with respect to housing, etc.