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stefan_arrr's profile
Stefan RuijsenÆrs
Stefan RuijsenÆrs
Stefan RuijsenÆrs
@stefan_arrr

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Stefan RuijsenÆrs

@stefan_arrr

Software engineer at a quantitative trading firm • I speak EN/FR/NL/ES/CAT • Build the future 🚀

London, England
stefanruijsenaars.com
Joined October 2010

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    1. Joseph Flaherty‏ @josephflaherty May 13
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      Would love to see more economists weigh in on the great WFH migration. Key ?: How long will you be able to "smuggle" Palo Alto salaries into Phoenix or Providence? I don't think the arbitrage window will stay open indefinitely. Will there be new MSA-adjusted salary bands?

      2 replies 1 retweet 10 likes
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    2. Joseph Flaherty‏ @josephflaherty May 13
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      Also interested to see if there will be more job-lock. E.g. you took your Twitter salary to Boise, but grow tired of the work/company. Unfortunately, other local/remote companies have comp based on non-SF market norms. Do you take a 40% paycut, even if your CoL allows for it?

      2 replies 0 retweets 4 likes
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    3. Derek Morris‏ @derek_j_morris May 13
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      Replying to @josephflaherty

      From personal knowledge many SF companies make location based adjustments to salary for WFH. Downward adjustments are welcome, upward adjustments are ignored. TBH this is subsidizes urban rent instead of incentivizing quality-of-life/$

      2 replies 0 retweets 2 likes
    4. Stefan RuijsenÆrs‏ @stefan_arrr May 13
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      Replying to @derek_j_morris @josephflaherty

      Not seeing any multipliers above 1 (for SF) here https://about.gitlab.com/handbook/total-rewards/compensation/compensation-calculator/calculator/ …pic.twitter.com/YqHNDdnCZc

      1 reply 0 retweets 1 like
    5. Joseph Flaherty‏ @josephflaherty May 13
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      Replying to @stefan_arrr @derek_j_morris

      Would be interesting how often they reassess those values in light of changing CoL. Overall, seems to be a real arbitrage opportunity for people who don't mind exurbs!

      2 replies 0 retweets 1 like
      Stefan RuijsenÆrs‏ @stefan_arrr May 13
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      Replying to @josephflaherty @derek_j_morris

      I've never quite understood these CoL adjustments and always wondered if they're more than just a cost saving exercise and there's an element of wanting to cut down on envy between colleagues

      8:00 AM - 13 May 2020
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      • Derek Morris
      1 reply 0 retweets 1 like
        1. New conversation
        2. Joseph Flaherty‏ @josephflaherty May 13
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          Replying to @stefan_arrr @derek_j_morris

          Yeah, I mean theoretically at least the "job to be done" should have a market value independent of where the person who does it lives. There are harder to quantify economic spillovers that accrue to the firm when workers co-locate, but those go away in a remote world. IDK.

          1 reply 0 retweets 1 like
        3. Stefan RuijsenÆrs‏ @stefan_arrr May 13
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          Replying to @josephflaherty @derek_j_morris

          > theoretically at least the "job to be done" should have a market value independent of where the person who does it lives In practice surely this is true for top talent already? (and these CoL adjustments would be repellents to them as they signal bad things)

          0 replies 0 retweets 0 likes
        4. End of conversation

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