Re:Stripe to move to South San Francisco
by majormajor on Thursday October 24, 2019 @12:58PM
(#21346514)
The company wouldn't move if it still had to pay 500K.
500K in SF gets you a smaller place and plenty of discretionary income. Companies in other places can often give you a house, but not match the discretionary income.
Re:Stripe to move to South San Francisco
by newfangle on Thursday October 24, 2019 @02:37PM
(#21347766)
Why not?
Pay your engineers 500k in a medium cost of living city and you will have the best employee retention of any company once they get used to their quality of life.
500K in SF gets you a smaller place and plenty of discretionary income. Companies in other places can often give you a house, but not match the discretionary income.