News for hackers. Stuff that matters.
Re:Facebook to shift permanently toward more remote work aft... by three_seagrass on Thursday May 21, 2020 @01:46PM (#23261902)
The local market rates are correlated with, if not caused by, the cost of living in that market.
Re:Facebook to shift permanently toward more remote work aft... by lokar on Thursday May 21, 2020 @01:47PM (#23261926)
Most of the time, but with exceptions.

For example, for engineers in many big tech companies, pay vs COL in London is not very attractive.

Re:Facebook to shift permanently toward more remote work aft... by three_seagrass on Thursday May 21, 2020 @01:49PM (#23261965)
And Moscow. Of course there are outliers but the trend, especially in the U.S., remains.
Re:Facebook to shift permanently toward more remote work aft... by jonny_eh on Thursday May 21, 2020 @01:52PM (#23262013)
I'd say that's true within a country, but not between countries, due to the difficulty of moving across borders.