How does tax laws work in this case? When I was working from Mexico, I had to come back every six months to avoid local income tax.
You pay the taxes from where you work.
Airbnb’s design to live and work anywhere
41–50 of 736 posts
Re: Airbnb’s design to live and work anywhere
#42Earlier quoted context omitted.
salaries for people in smaller cities will increase
So will housing costs. The problems facing SF, Seattle, LA will spread to smaller towns. SF, Seattle, LA, will continue to be expensive because people spend $$$$$$ to live there for reasons other than tech jobs. Be careful what you wish for. I live in the Seattle metro, and would live nowhere else in the country, for what its worth. You already see this happening in rural communities outside of big cities. "Tech-bro"…
The Twin Cities are tech bro approved?
Re: Airbnb’s design to live and work anywhere
#43Sounds nice in some ways. The stickler here is the focus on working in PST still. You’re not gonna get to travel to the EU and work async it sounds like. Which - while making sense - isn’t going to make a good portion of people who want this particularly happy. After all - remote but stuck in one time zone for working hours isn’t really a huge win. It’s dangling a carrot. In other news - sounds like comp is going dow…
Working remotely and working asynchronously are two very different things. COVID didn't necessitate asynchronous work by any stretch, so I think it will take some time for even the tech industry to move toward that. If for no other reason because it required much better communication skills than probably 80% of people have. A lot of developers, regardless of skill level, would not do very well in a truly asynchronous environment.
Re: Airbnb’s design to live and work anywhere
#44> You can move anywhere in the country you work in and your compensation won’t change. Starting in June, we’ll have single pay tiers by country for both salary and equity. If your pay was set using a lower location-based pay tier, you’ll receive an increase in June. I wonder how this will change things for companies like Figma, which allow full remote, but pay remote workers less.
I wonder how this will change for the calculations of Ligma and the DN ratio.
Re: Airbnb’s design to live and work anywhere
#45Earlier quoted context omitted.
So will housing costs. The problems facing SF, Seattle, LA will spread to smaller towns. SF, Seattle, LA, will continue to be expensive because people spend $$$$$$ to live there for reasons other than tech jobs. Be careful what you wish for. I live in the Seattle metro, and would live nowhere else in the country, for what its worth. You already see this happening in rural communities outside of big cities. "Tech-bro"…
The Twin Cities are tech bro approved?
Erm, yeah. Pretty much anywhere with 100k+ people is at this point.
Re: Airbnb’s design to live and work anywhere
#46Earlier quoted context omitted.
Eventually - and it might take a recession - the downside of “work from anywhere” will be that companies can “hire from anywhere”. That means the Bay Area salary you previously enjoyed may be knocked down through greater wage competition.
And then another company will pop up and pay more. The thing is, we're used to the high pay now. Cut that and you're gonna cut efficiency. It's going to be hard to justify it. Create bad will with your money makers good luck getting anywhere realistically.
As an engineer I do hope that the global compensation level for good talent rises with all of this remote working. It seems to be already happening. Even in humble Vancouver, I hear of mobile developers being offered $320K. That was absolutely unheard of in 2019.
Re: Airbnb’s design to live and work anywhere
#47Earlier quoted context omitted.
salaries for people in smaller cities will increase
So will housing costs. The problems facing SF, Seattle, LA will spread to smaller towns. SF, Seattle, LA, will continue to be expensive because people spend $$$$$$ to live there for reasons other than tech jobs. Be careful what you wish for. I live in the Seattle metro, and would live nowhere else in the country, for what its worth. You already see this happening in rural communities outside of big cities. "Tech-bro"…
Your logic doesn't really track. People move from HCOL to LCOL, so LCOL becomes more expensive. Yet the HCOL areas continue to go up too?
Also why does public transit matter in a WFH/remote world? Seems to obviate it to a large degree, e.g. subway in NYC, which while used for many things, was majority used for commuting. It was losing large amounts of money even before the pandemic hit
Re: Airbnb’s design to live and work anywhere
#48Earlier quoted context omitted.
Eventually - and it might take a recession - the downside of “work from anywhere” will be that companies can “hire from anywhere”. That means the Bay Area salary you previously enjoyed may be knocked down through greater wage competition.
And then another company will pop up and pay more. The thing is, we're used to the high pay now. Cut that and you're gonna cut efficiency. It's going to be hard to justify it. Create bad will with your money makers good luck getting anywhere realistically.
It happened before, in living memory, it's hardly impossible. It gets easy to justify by employers when enough people lost their job that every job opening is flooded with candidates.
There are basically two schools of thought: the "software is eating the world" one says that requirements will continue to be more and more specialized, for every advance in tooling there will be advances in complexity we can tackle, and the size of the overall dev market will continue to grow in a way that makes it less likely to be as affected by another single thing like the dot-com bubble.
The other is that today's salaries are driven in large part by "fake money" (e.g. VC investment or internal speculative spending more than by revenue from paying customers) and that there will be a nasty correction when that stream dries up.
I don't know which is right.
Re: Airbnb’s design to live and work anywhere
#49AirBnB has to do this just to recruit employees since there are plenty of other companies with the same or better comp (and equity not on the downhill).
Airnbnb is not in the downhill. Why the hate?
They had a very tough 2020, but after that it is all been looking better and better for them.
Re: Airbnb’s design to live and work anywhere
#50For companies like this that profess to care about their employees (and I believe them), what’s the justification for paying less in e.g. London than USA given London is just as expensive? Will progressive companies start adjusting pay according to cost of living rather than the local labor market?
> what’s the justification for paying less in e.g. London than USA
You mention it in the next sentence - the local labor market. UK developers earn a fraction of what US developers do. We can debate the root causes but it seems irrelevant why it's true, only whether or not it is true.
I'm not sure why cost of living should factor into comp at all. I can have a much higher COL than you, but if you bring more value to the company, and you can get better offers than I can, you should make more than me.