“Location-Based Pay” – Who are we to complain?

Re:“Location-Based Pay” – Who are we to complain? by znpy on Sunday February 14, 2021 @03:59PM (#26136209)

I tend to agree with your post (how could I not, i'm on the same side of the table as you) but I cannot help but see THE fallacy in your thinking.

You claim that you should be paid based on market value. You are probably speaking about the pre-covid market value.

But once you open up to full-remote working... The market broadens immensely.

Your "competitors" in the market are not bay-area people anymore. It's the whole US. If your company has branches in other countries too (think FAANGs) and the workforce was already spread across timezone then now most of the world is filled with potential competitors for your job.

And now with a huge supply of workers, your market value decreases a lot.

And to be 100% honest: as an european, if you (an american) think you're worth 250k and your employer is thinking of firing you and offering me 125k for your job... Well good luck with your next job search.

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Re:“Location-Based Pay” – Who are we to complain? by u678u on Sunday February 14, 2021 @04:55PM (#26136629)

> Your "competitors" in the market are not bay-area people anymore. It's the whole US.

Agreed, not just American, anyone roughly in the same time zone. There are lots of well educated people in Peru/Chile/Brazil that would work 24hrs a day for a $25k salary.

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