Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

Re:Tech Workers Take to the Mountains, Bringing Silicon Vall... by drewda on Monday November 02, 2020 @01:11PM (#24971094)

Facebook announced that they'd be adjusting employee salaries by new home location at the start of the new calendar year, I think.

Some more distributed companies like Salesforce have been adjusting compensation for years when employees move from the Bay Area to other office locations.

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Re:Tech Workers Take to the Mountains, Bringing Silicon Vall... by edmundsauto on Monday November 02, 2020 @01:13PM (#24971120)

Didn’t they adjust it not based on COLA but on what the talent market is in that region? That’s making it explicitly market based, although that obviously includes a cost of living component.

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Re:Tech Workers Take to the Mountains, Bringing Silicon Vall... by xur17 on Monday November 02, 2020 @01:22PM (#24971252)

Are they taking into account the fact that the talent market is now national / international given remote work?

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Re:Tech Workers Take to the Mountains, Bringing Silicon Vall... by edmundsauto on Monday November 02, 2020 @05:12PM (#24974087)

I have no idea, but given that it's localized by region, probably not? I don't think anyone knows how the new WFH conditions will impact local market conditions.

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