Conversation

Jesse Powell
@jespow
There are several reasons for pay to vary by geo. Employer costs and risks can vary greatly: * company taxes, legal & corruption exposure * employee minimum benefits & severance * employee personal safety * company data security * insurance & audits
forbes.com
Why Should You Earn Less Money Just Because Of Where You Live? It's Time To Question Location-Based...
A few companies are paying people the same—no matter where they live—and others say they’ll change the compensation based upon the new residence. Location-based salaries and compensation are now...
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Jesse Powell
@jespow
Top talent will keep its premium because there's not enough of it to go around. Average remote is going to pay less than avg in-office because competition for those roles is going to come from the massive stock of historically undervalued candidates, no longer blocked by geo.
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Jesse Powell
@jespow
The convergence of salaries is going to do wonders for the developing world. English proficiency is the blocker now and could mean the difference of 5x the salary for the same job, working for a remote US company vs local. Probably not great for increasingly uneducated US workers
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jonmiles.eth
@jonmmiles
Replying to
@jespow
This depends on where the 'power' center works from. If that moves around intentionally then you'll see the positive dimension of physical proximity to leadership flatten. SR Hadden had it right.
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ghost_wrk
@ghost_wrk
Replying to
@jespow
Its a win win in most cases, mostly its a benefit culturally. Tech was always going to negate physical presence eventually. I have been thinking about the long term effect it will have on cities. Business meetings taking place inside Red Dead Redemption.
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