Re:Evolving Reddit’s Workforce
by Rapzid on Wednesday October 28, 2020 @02:48PM
(#24922614)
I always like to view this stuff through a supply and demand lens.
As it is, you could already work full time remote and get much higher salary than those companies that adjusted for COL and publicly advertised their pay scales(Gitlab, Stack Overflow, etc). If you were interested in money, and willing to get after it, those salaries were laughably low for someone with the talent and history to back it up.
So now what? The same as always, get paid what you can get paid? If you want X money go get X money. If you can't, maybe you don't have what it takes to live in a high COL city(is that so different from now)? Perhaps the COL will come down to reflect a reduced demand for those particular urban centers. Or to reflect ability to pay high rents and prices?
IMHO the potential downsides are more social; risk of increased social/economical stratification. Maybe the cities end up even more packed with a certain "type" that can pull the big money while everyone else is servicing them on scraps. IDK.
As it is, you could already work full time remote and get much higher salary than those companies that adjusted for COL and publicly advertised their pay scales(Gitlab, Stack Overflow, etc). If you were interested in money, and willing to get after it, those salaries were laughably low for someone with the talent and history to back it up.
So now what? The same as always, get paid what you can get paid? If you want X money go get X money. If you can't, maybe you don't have what it takes to live in a high COL city(is that so different from now)? Perhaps the COL will come down to reflect a reduced demand for those particular urban centers. Or to reflect ability to pay high rents and prices?
IMHO the potential downsides are more social; risk of increased social/economical stratification. Maybe the cities end up even more packed with a certain "type" that can pull the big money while everyone else is servicing them on scraps. IDK.