Earlier today I mentioned that high productivity firms pay high productivity wages even to employees located in lower-average-productivity cities. Here’s Basecamp making it explicit:https://m.signalvnoise.com/basecamp-doesnt-employ-anyone-in-san-francisco-but-now-we-pay-everyone-as-though-all-did-3ee87013cfc2 …
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It is also sensitive to a match between employer and employee and not internal to the employee. My marginal productivity at Stripe is, easily, two orders of magnitude higher than it would be if I were still employed at my job at the Japanese megacorp (or Bingo Card Creator).
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