Re:Twitter Will Allow Employees to Work at Home Forever
by product50 on Wednesday May 13, 2020 @03:27PM
(#23170758)
I think you are thinking about this too much. I know you would like to earn these big packages in Ohio. But honestly, what is more likely to happen is that companies will optimize for themselves too and if they are able to find good talent at cheaper prices (since cost of living expenses for employees are down significantly), they will do that. So on average SV salaries will go down as employees spread over US.
Can't have it both ways. SV pays top $$ because of 1) top notch skills and 2) cost of living. Now you are taking #2 away - so things will ease a bit
Re:Twitter Will Allow Employees to Work at Home Forever
by thebean11 on Thursday May 14, 2020 @12:02PM
(#23181134)
I'd never want to live in Ohio. "You are thinking about it too much" is a weak argument.
Again, if companies could find good talent at cheaper prices in Ohio they would. Existing talent moving around does not increase the amount. It's not a given that market rate will decrease.
2. That's not the point: we're talking about a hypothetical shift where top software engineering talent is fleeing the bay area. If that talent moves to Ohio, and there is no cheaper alternative of similar quality, Google might not have a choice.
Again, not pretending like I know what's going to happen. My point is that big-tech doesn't have total power in setting prices. If at any point in the last 20 years they could have hired qualified engineers in Ohio for $100k they would have already done it.