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Google employees who work from home could lose money

reuters.com

21–30 of 699 posts

Re: Google employees who work from home could lose money

#22
post #4

And they no longer need a desk in an expensive office building, or free food. Triple win.

Or massages, child care, game rooms, or any of the other ridiculous perks. The company could start rolling those back if enough people wfh.

Re: Google employees who work from home could lose money

#24
post #16

Earlier quoted context omitted.

No, the article makes it pretty clear that it’s a cost of living adjustment

but my cost of living is now higher when Im using more electricity and water at home, and i had to refurbish my room for home office.

You could return to the office.

Re: Google employees who work from home could lose money

#25
post #16

Earlier quoted context omitted.

No, the article makes it pretty clear that it’s a cost of living adjustment

but my cost of living is now higher when Im using more electricity and water at home, and i had to refurbish my room for home office.

We're talking about employees moving to cheaper areas. I'm pretty sure the housing costs (mortgage or rent) largely offsets the additional costs.

I still think Google shouldn't do that, it's cheap to do that and they don't have to. However even with a 10% pay cut, employees moving from expensive areas such as Silicon Valley or the Seattle area to a cheaper one like some city in Oregon, the standard of living still goes up.

Re: Google employees who work from home could lose money

#26
Given how many new ways there are to divide the eligible universe of workers (remote/office/mask/vax/woke), all while the sector is still expanding, I'm really excited to see the comp packages skyrocket, for those willing to optimize!

The pay is starting to get interesting!

Re: Google employees who work from home could lose money

#27

I think this is making a whole lot of out nothing, or at least not much. Google would determine your pay based on your work location, regardless of whether that's your home or the office. As a result people that lived far from the office in a typically less expensive area could see their pay drop.

Gitlab implements this compensation model openly(to the point where there is a calculator for it!) - I don't remember how well it was received when it was first announced, but looks like Google is applying a similar idea.

Re: Google employees who work from home could lose money

#28
post #8

Yeah I think we've been through this. Your salary isn't purely a function of how much value you bring to the company. It also depends on how much other people are willing to work for. That's how markets work.

Everybody was so sure that working from home in a low cost of living region with SF salaries was going to make them rich. The few voices who warned that it also meant a bigger pool of potential employees with lower salary demands were ignored.

And so the cycle continues.

Re: Google employees who work from home could lose money

#30
post #4

And they no longer need a desk in an expensive office building, or free food. Triple win.

Or massages, child care, game rooms, or any of the other ridiculous perks. The company could start rolling those back if enough people wfh.

There'll always be people at office, so I don't think so.
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