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Twitter Will Allow Employees to Work at Home Forever

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Re: Twitter Will Allow Employees to Work at Home Forever

#671
post #620

I think this is the hugest news yet. It suddenly opens the pool of candidates to all across the country. I expect other tech giants will follow suit. Those who previously can't afford or don't want to live in big cities like NYC/Seattle/SF because they are older, have families, or various other reasons now are included in the candidate pool. This can go two ways: either the local software business will have to compet…

I think you are overestimating the size of the eligible labor supply increase. Just for Google, for 2017-2019 the number of H1B workers sponsored was 22k. For the same period the increase in number of full time employees was 40k (couldn’t find the figure for US only but fair to assume majority is US-based). So more than half of the new employers are supplied internationally. Does the geo-unlocked US supply pose a sub…

H1B and GC sponsorships come from the same pool. In other words, a Green Card application is sponsored for H1 candidates. You are double counting your numbers.

I do agree that this expectation that one sitting in Ohio will command the same salary working for a FAANG company is just wrong. Very likely, the companies will adjust their salaries based on where the person is.

Re: Twitter Will Allow Employees to Work at Home Forever

#672
post #620

I think this is the hugest news yet. It suddenly opens the pool of candidates to all across the country. I expect other tech giants will follow suit. Those who previously can't afford or don't want to live in big cities like NYC/Seattle/SF because they are older, have families, or various other reasons now are included in the candidate pool. This can go two ways: either the local software business will have to compet…

It seems likely local salaries in smaller cities will go up, since they already have in response to the first wave of remote friendly startups and companies. Now, most of them can't offer public company compensation options but can compete in other areas.

Re: Twitter Will Allow Employees to Work at Home Forever

#673

Earlier quoted context omitted.

> This can go two ways: either the local software business will have to compete with FAANG salaries, or there will be jumps from senior developers, experienced developers, and many smarter/more capable developers from smaller software business to FAANG due to salary/perks attraction. I think if it's widespread it would be a little of both with some extra effects to consider. Not only will FAANG organizations get a wi…

Personally I would not move away from west coast. Mediterranean weather is gift from god. Plus it's so close to many good ski resorts. Being able to enjoy outdoors throughout the year and being able to go out to ski every week is priceless.

[deleted]

Re: Twitter Will Allow Employees to Work at Home Forever

#674
I work for a small distributed company (~600 employees) that compensates everyone based on their location. I live in NYC and receive a pretty solid salary given my experience / region. When I was hired, HR made it clear that if I move around or relocate, my salary will be adjusted based on the living costs. The company has roots in Argentina, and about 30% of our engineers live there. We are all paid enough to live comfortably wherever we are located, but I imagine that the engineers in Argentina are making significantly less than the ones in SF. Hiring globally is extremely complex, and colleagues I have spoken to who live in countries where we do not have a physical presence (office location) incorporate an entity and contract with a Caribbean firm that the company contracts through. Day to day those folks are operating as normal permanent employees.

Re: Twitter Will Allow Employees to Work at Home Forever

#675

Earlier quoted context omitted.

> This can go two ways: either the local software business will have to compete with FAANG salaries, or there will be jumps from senior developers, experienced developers, and many smarter/more capable developers from smaller software business to FAANG due to salary/perks attraction. I think if it's widespread it would be a little of both with some extra effects to consider. Not only will FAANG organizations get a wi…

Personally I would not move away from west coast. Mediterranean weather is gift from god. Plus it's so close to many good ski resorts. Being able to enjoy outdoors throughout the year and being able to go out to ski every week is priceless.

That's fine. And I get it notwithstanding a lot of the issues with SF and much of the South Bay. But you may be increasingly expected to pay a premium for your preferences which employers won't compensate for.

Re: Twitter Will Allow Employees to Work at Home Forever

#676
post #620

I think this is the hugest news yet. It suddenly opens the pool of candidates to all across the country. I expect other tech giants will follow suit. Those who previously can't afford or don't want to live in big cities like NYC/Seattle/SF because they are older, have families, or various other reasons now are included in the candidate pool. This can go two ways: either the local software business will have to compet…

You are wrong that FAANG companies will pay the same salary as you make in SF if you are in a low cost state like Indiana. I have a friend at one of those companies and they were running a survey to gauge employee's keenness for permanent wfh - and they were very clear that employee's salary will be adjusted based on which city they are based in. So, while this is still healthy, since FAANG pays pretty well, but don't expect half a million dollar working from your house in Indiana.

Re: Twitter Will Allow Employees to Work at Home Forever

#677
post #59

Earlier quoted context omitted.

I won't go near an open office after COVID19 and I doubt I'm alone, I think things will change greatly.

with an outlook like this why would you go anywhere? an office you have at least a chance of professionalism which is far different than what you can encounter in the open

Offices are great places to spread infection. I'm not sure how to quantify how much it matters to me that I become diseased in a respectful manner, but it isn't very much.

Here is an well-documented analysis of a specific outbreak in an office:

https://wwwnc.cdc.gov/eid/article/26/8/20-1274_article

"We described the epidemiologic characteristics of a COVID-19 outbreak centered in a call center in South Korea. We identified 97 confirmed COVID-19 case-patients in building X, indicating an attack rate of 8.5%. However, if we restrict our results the 11th floor, the attack rate was as high as 43.5%."

Re: Twitter Will Allow Employees to Work at Home Forever

#678
post #675

Earlier quoted context omitted.

Personally I would not move away from west coast. Mediterranean weather is gift from god. Plus it's so close to many good ski resorts. Being able to enjoy outdoors throughout the year and being able to go out to ski every week is priceless.

That's fine. And I get it notwithstanding a lot of the issues with SF and much of the South Bay. But you may be increasingly expected to pay a premium for your preferences which employers won't compensate for.

It will be the opposite. People who are wfh from other cities will likely see their salaries adjusted based on their cost of living. SF overtime will get less heated as people move out, so it makes sense for the salary to reflect that too.

Re: Twitter Will Allow Employees to Work at Home Forever

#680
post #659
post #647

Earlier quoted context omitted.

> there are no legal restrictions on what country a remote employee must be in Working remotely from another country is easy. Paying somebody in another country is not easy at all. Even with specialized providers it is a substantial hassle. Without it you pretty much better give up - the chances you get all the payments, taxes and paperwork right is minimal, and that country's tax/regulatory authorities would be more…

While some hassle of paying someone in another country is real, this level of pain seems to be pretty extreme. I am sure it depends on the country (good luck hiring in North Korea :) ), but for most countries there are enough options, from the employer opening a subsidiary to hiring employee as a contractor and everything in between (e.g., a local organization handling paperwork for a small salary cut which is a lot…

Sanctions, securities, those can be a sinkhole.
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