Try it. Maybe they'll stick around. Maybe they'll stick around and be disgruntled. Maybe they'll leave and find another job that isn't trying to cut their pay
Just let it happen and see what the attractor becomes for this large, dynamical system.
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Try it. Maybe they'll stick around. Maybe they'll stick around and be disgruntled. Maybe they'll leave and find another job that isn't trying to cut their pay
Just let it happen and see what the attractor becomes for this large, dynamical system.
So no, they shouldn't adjust downwards for that family of reasons either.
I sometimes wonder if I worked for a company that was fixated on cost-of-living-based salaries, and I decided to move up to Aspen (high CoL, but low demand for software engineers) if I would get a commensurate increase in pay. I'm guessing probably not. ;)
Obviously not, and if you don't do it in that scenario, you don't do it in any scenario.
For reference, we're entirely distributed, no offices.
It's been my experience that if you don't offer higher salaries to folks living in high cost areas, they simply won't come work for you.
My guess is that over time as remote work becomes more common, the cost of living differentials between places (at least in the US) will start to flatten, though it may take quite some time.