For FB WFHers wondering whether COL adjustments are in the cards https://mashable.com/article/mark-zuckerberg-instagram-whats...
its based on cost of acquisition of labor in the region, not cost of living as you can see from hawaii
91–100 of 489 posts
For FB WFHers wondering whether COL adjustments are in the cards https://mashable.com/article/mark-zuckerberg-instagram-whats...
its based on cost of acquisition of labor in the region, not cost of living as you can see from hawaii
The bloomberg article mentions potential CoL adjustments: https://www.bloomberg.com/news/articles/2021-06-09/facebook-... It is interesting that the Slashdot crowd was fairly universal in panning the idea of paying people less if they lived in a low cost area. In my 17 years as a designated "teleworker" at a SV megacorp, they adjusted compensation ratios. This meant that they didn't reduce my salary when I moved from…
I don't understand this take at all, it's effectively saying that your pay should be driven by your needs as opposed to the value you create. I can see companies deciding that in-person value is different than remote, but where you are remotely doesn't matter. Especially in the same timezone. Working remotely from Kentucky vs Brooklyn makes no difference to the company, so why should they pay them differently? Do you…
The bloomberg article mentions potential CoL adjustments: https://www.bloomberg.com/news/articles/2021-06-09/facebook-... It is interesting that the Slashdot crowd was fairly universal in panning the idea of paying people less if they lived in a low cost area. In my 17 years as a designated "teleworker" at a SV megacorp, they adjusted compensation ratios. This meant that they didn't reduce my salary when I moved from…
I don't understand this take at all, it's effectively saying that your pay should be driven by your needs as opposed to the value you create. I can see companies deciding that in-person value is different than remote, but where you are remotely doesn't matter. Especially in the same timezone. Working remotely from Kentucky vs Brooklyn makes no difference to the company, so why should they pay them differently? Do you…
I currently have 10 fully remote engineering jobs. The bar is so low, oversight is non-existent, and everyone is so forgiving for under performance I can coast about 4-8 weeks before a given job fires me. Currently on a $1.5M run-rate for comp this year. And the interviewing process is so much faster today, companies are desperate, it takes me 2-3hrs of total effort to land a new job with thousands to chose from.
I'm assuming this is facetious, but... high performers are potentially big winners in a remote world. Let's say someone gets 5x the person next to them done. Very few companies will pay them 5x. Maybe double... But if they can manage their time well enough to get X done in some fraction of the time, they could realistically do two or three full time jobs worth of "normal" work, and increase their pay - and income sec…
We've already got a wage spread that more than covers 5x with most folks fresh out of college looking at 50k/annual if they're outside of SV and some devs within SV making 500k or more.
The bloomberg article mentions potential CoL adjustments: https://www.bloomberg.com/news/articles/2021-06-09/facebook-... It is interesting that the Slashdot crowd was fairly universal in panning the idea of paying people less if they lived in a low cost area. In my 17 years as a designated "teleworker" at a SV megacorp, they adjusted compensation ratios. This meant that they didn't reduce my salary when I moved from…
I don't understand this take at all, it's effectively saying that your pay should be driven by your needs as opposed to the value you create. I can see companies deciding that in-person value is different than remote, but where you are remotely doesn't matter. Especially in the same timezone. Working remotely from Kentucky vs Brooklyn makes no difference to the company, so why should they pay them differently? Do you…
The reason these adjustments are being made is because the whole world isn't remote yet. The engineer in Brooklyn could more easily go get a better offer at a Wall St job then the person in Kentucky.
People who believe that we're all going to be remote and keep our Bay Area/NYC compensation levels are laughably naive. It is possible that, your compensation relative to your cost of living might improve, but long term we will see equilibrium end up closer to average remote compensation than average BA/NY compensation.
It's true employees might more easily switch jobs, but hiring remote adds a LOT of candidates to a companies hiring pool as well (which is why they're doing it). Furthermore, a push for a stronger remote technical culture with more async communications, more documentation, etc is inevitably going to make the outsourcing efforts of the 2000s a lot more viable. There's still time zones and language barriers, sure, but remote work solves several other challenges.
Finally, even if your current employer keeps your compensation the same, you have to question how it will affect your next job search.
People seem to be thinking that they are going to take Bay Area compensation and go settle in the middle of the country and live like a king. Short term that may happen, but long term it's an absolute guarantee that tech compensation stagnates or goes down because the supply of the labor pool increases so much with remote candidates. That's a major rationale for companies going remote in the first place.
Let's be real. The loser here is middle managers. Not all of them. Just the ones who feed off of the high they get from having control over the office environment.
I don't know if that's me, but I'm a engineering manager that focuses on personal relationships and remote has made my job harder and take way more energy. High fidelity communication is hard or impossible and the alternatives frankly, suck. I don't _think_ I get high from controlling an office environment (not sure what that means) but I sure miss white boards and in-person collaboration.
If they're more efficient, then it just sucks for you.
If they're not more efficient, then there's a business case for bringing the worker bees back to the hive.
Earlier quoted context omitted.
My biggest question right now about sustained wfh is how much of the current productivity is the result of relationships that were built in the office. A year ago, I remotely onboarded for a new position and recently I can head back into the office, and there's a massive difference for me between the virtual relationships I built and the in-person ones. I learned more about people that I had spent months zooming/emai…
One thing that I've expressed to my company and coworkers is that I'd like to see full remote become more of a norm but I'd also love to see team building events remain as well. If there are a few times a year where everyone congregates in one location (probably at less expense than actually keeping an office set aside for them for the year mind you) and has a picnic or hackday that sounds awesome to me. The pandemic…
+1 this sentence; personally, I'm not interested in the fully distributed model espoused by some evangelists. I still desire physical proximity, with just-enough/just-in-time physical interactions as determined by myself (and relevant coworkers). I would love working for a business that offers something like an internal WeWork - reservable low-density dedicated workspaces, near social venues and transportation.
I am really curious to see where we'll be in a year, two, three down the line wrt remote/office/hybrid work at major companies. This forced experiment has had some surprising outcomes about the effectiveness of remote workplaces, but working from home for only a year, in pandemic conditions, is clearly not the same as indefinitely in normal times. But there's reason to think that may go even better, not worse; I am r…
My biggest question right now about sustained wfh is how much of the current productivity is the result of relationships that were built in the office. A year ago, I remotely onboarded for a new position and recently I can head back into the office, and there's a massive difference for me between the virtual relationships I built and the in-person ones. I learned more about people that I had spent months zooming/emai…
One thing I thought of that could alleviate this would be the team work getaways. Think 2 weeks away, 3-4 times a year. Obviously not everyone can every join all of them, but I'd imagine most still would do 2. Ideally the families should also be invited.
I am sure it would still come out cheaper than maintaining office space and build stronger relationships than the mere coffee break talk.
Earlier quoted context omitted.
My biggest question right now about sustained wfh is how much of the current productivity is the result of relationships that were built in the office. A year ago, I remotely onboarded for a new position and recently I can head back into the office, and there's a massive difference for me between the virtual relationships I built and the in-person ones. I learned more about people that I had spent months zooming/emai…
There's definitely a social part of work that, IMHO, waxes and wanes as you go through life. In your 20s and pre-family it's a significant aspect of your social life. Then I think it wanes as you have a family and kids when you don't have enough time for everything and work socialization is a chore. Then I think once again after the kids move out work socialization becomes more important again. Of course thats just a…
Earlier quoted context omitted.
I'm curious to hear why - what do you see as the drawback of more remote coworkers?
Mostly that by having remote co-workers I get many of the downsides of remote work without any of the upsides. Once a few colleagues are remote, all collaboration has to assume remote as the default. Even if I'm in the office I'm still stuck with remote collaboration, but I still have a commute.