Re:Evolving Reddit’s Workforce
by forpayandlabor on Tuesday October 27, 2020 @05:17PM
(#24912033)
To be clear, I'm not opposed at all to remote work - but it feels weird to me to ignore cost of living where your people are when setting their compensation if you aren't deliberately trying to incentivize people from (or relocating to) low-COL areas.
But from the company's perspective, why should they care? If they are hiring remotely, shouldn't they optimize for the best employees at a given price?
Isn’t the price of hiring labor is set by what your competitors will pay?
The alternative is Mary Tyler Moore’s salary being lower than her male counterpart because he has a family to support / a higher cost of living.
I think people focus too much on money. Yes, someone could take a HCOL salary and move to a LCOL area but they might not actually like living there. Quality of life does matter and I don't see a meaningful number of people moving to a place they hate just to save some dough.
But what is your solution to this? If companies can make this work, why should they ignore the huge talent pools that exist in the middle of the country? That said, I think there will always be employers who prefer to have most everyone sitting in the office.