Re:Google may cut pay of staff who work from home
by Silhouette on Wednesday August 11, 2021 @12:23PM
(#28144057)
WFH changes the dynamic in that Google can now recruit from anywhere in the US, thus the competition for a given job is higher so in normal times that will mean a lower wage over all
People keep saying this, but it's only true in an employer's market. In an employee's market, it works the other way around, because now the good employees have a wider choice of potential employers. Which kind of market do you think software development is?
Google does not pay someone in Seattle more than AR simply because the rent is higher. The reason wages are higher is a result of people in Seattle demanding more money because their costs are higher, and if Google wants to attract talent there they have to offer a wage people will accept, that wage happens to be lower in Bentonville than Seattle
WFH changes the dynamic in that Google can now recruit from anywhere in the US, thus the competition for a given job is higher so in normal times that will mean a lower wage over all
There are many people that would not work for Google in the past in part because they could not or were unwilling to relocate to a city with a Google office, WFH eliminates this need thus more people will be willing to work for Google.