Re:Cheap Mortgages Deter Workers from Relocating for $250k Jobs
by throwiforgtnlzy on Saturday April 13, 2024 @12:34AM
(#40020522)
Yep. While startup salaries are, and have always been, a joke, it's corporate cost of living adjustments (COLAs) that are a worsening joke when they fail to account for true COL differences. If a megacorp insists on relocating you from Austin, TX to Menlo Park, CA it should include a 75% TC raise or it would be a pay cut and wouldn't make economic sense. It's imperative that rational employees hold corporations accountable and refuse to be underpaid because not doing so hurts everyone else in the industry.
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