New Remote-First Formula and Updated Salary Calculator

Post by [deleted] » Wed, Dec 06, 2017, 4:03 PM UTC

chrisan wrote: post #76

ryanwaggoner wrote: post #59

Earlier quoted context omitted.

Maybe they should be afraid of this negative analysis. You don't get a pass on bad decisions just because you're making them openly. From my cursory glance, I have a bunch of problems here: 1) Most egregiously, it looks like they're slashing a bunch of salaries. Not the CEO, of course, but a lot of others seem to be going down. I would be immediately headed for the door in that scenario. Talk about a way to keep only…

> 3) Large COL adjustments make no sense to me. So I work for a remote company and choose to live somewhere cheaper and they think that the value I'm providing is less? The end result of this is that remote devs get screwed on average, while the best remote devs avoid companies like this, rightfully so. Ya I don't get this logic. High COL areas are high because there are _lots_ of perks living there. It is much more…

Post by [deleted] » Wed, Dec 06, 2017, 4:05 PM UTC

Swizec wrote: post #75

ryanwaggoner wrote: post #59

Earlier quoted context omitted.

Maybe they should be afraid of this negative analysis. You don't get a pass on bad decisions just because you're making them openly. From my cursory glance, I have a bunch of problems here: 1) Most egregiously, it looks like they're slashing a bunch of salaries. Not the CEO, of course, but a lot of others seem to be going down. I would be immediately headed for the door in that scenario. Talk about a way to keep only…

> I'm pretty confident I could significantly outearn the CEO if I lived in SF or NYC. Yes you could. But not for a company the size of Buffer. Here's the thing a lot of us often forget to realize: The value you bring to the company is proportional to the value the company extracts from the market. Can your code improve Walmart's revenue numbers by 0.001% per year? Awesome, that's worth $4,858,700 based on Wikipedia n…

Post by carlmcqueen » Wed, Dec 06, 2017, 4:08 PM UTC

ryanwaggoner wrote: post #68

clp16 wrote: post #56

Earlier quoted context omitted.

Why?

Not everyone wants their family and friends to be able to look up their salary. Or to know that they're the lowest (or highest) paid person in their department, etc.

Post by ThrustVectoring » Wed, Dec 06, 2017, 4:11 PM UTC

hajile wrote: post #8

Why do companies continue to pay out higher salaries to devs in high cost of living areas? In this case, their payscale pays out 30-50K more in high cost living areas vs low cost areas. Rather than blow revenue rewarding bad life choices, offer to move them to an area with lower costs of living. Do that for only 10 employees and you have 300-500K EVERY SINGLE YEAR to re-invest into your company. In practically any ot…

Post by hocuspocus » Wed, Dec 06, 2017, 4:15 PM UTC

pc86 wrote: post #55

eagletusk wrote: post #40

Whoa $121k in Spain that's a superstar salary for a programmer there. Average for programmer according to glassdoor is 35,000 euro = ~42,000 usd.

It seems odd that places in very low COL areas, particularly internationally, are getting 3-4x median salary for the same role, while places in rural/suburban US will be at or just slightly above median for that geo area.