Re:The rise of remote work may reshape college towns
by kbenson on Friday June 04, 2021 @01:16PM
(#27396006)
> That Wyoming posting will be for folks who have decided that maybe pulling $2-300k instead of $600k may be an acceptable loss for an ongoing lifestyle.
Which in itself will affect the market and how much those positions pay in general. You can't have a large chunk of a workforce decide that they're willing to take a 20%-50% pay reduction for other benefits and expect it not to affect the entire workforce.
I don't think that means people in and around SF will have to work at the same pay rate as those working remotely necessarily, but I do think it might result in lowering the high-end of the scale, and spreading the distribution quite a bit.
Which in itself will affect the market and how much those positions pay in general. You can't have a large chunk of a workforce decide that they're willing to take a 20%-50% pay reduction for other benefits and expect it not to affect the entire workforce.
I don't think that means people in and around SF will have to work at the same pay rate as those working remotely necessarily, but I do think it might result in lowering the high-end of the scale, and spreading the distribution quite a bit.