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Google employees who work from home could lose money

reuters.com

11–20 of 699 posts

Re: Google employees who work from home could lose money

#12

I mean isn't this just removing comp for commuting ? Assuming you got compensated based on commute time, 2 hours commuting a day does not sound worth the 10% to me - do some moonlighting if you're that bent on converting all your time to money.

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

Re: Google employees who work from home could lose money

#13
Turns out competing with the whole world and not who is ready to relocate to an extremely expensive area of the world brings downsides, who knew.

Time to realize that this 'work from home' push will lead to more globalization, and more loss of wealth / quality of life for the people of the West.

Re: Google employees who work from home could lose money

#14

This will continue until enough high profile people publicly leave their jobs, and specifically mention how their new company doesn't cheat them out of the market rate based on their lifestyle choices.

I don't think market rate means what you think it means.

The way for this to balance is for good people to get remote jobs to pay them enough to stay. The difficulty is that more good people are now available via remote, to press down on salaries.

Re: Google employees who work from home could lose money

#16

I mean isn't this just removing comp for commuting ? Assuming you got compensated based on commute time, 2 hours commuting a day does not sound worth the 10% to me - do some moonlighting if you're that bent on converting all your time to money.

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.

Re: Google employees who work from home could lose money

#17
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.

Right - a cleaner brings massive value (no one will work in an insanitary environment, so they in a sense underpin all work) but seeing as the labour pool is large, cleaners don't get paid a lot of money.

Re: Google employees who work from home could lose money

#19

I mean isn't this just removing comp for commuting ? Assuming you got compensated based on commute time, 2 hours commuting a day does not sound worth the 10% to me - do some moonlighting if you're that bent on converting all your time to money.

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

I see, still seems like a good deal to me - cutting 2 hours for 10% that is. Depends on how much you value your free time I guess.

Re: Google employees who work from home could lose money

#20

This will continue until enough high profile people publicly leave their jobs, and specifically mention how their new company doesn't cheat them out of the market rate based on their lifestyle choices.

That is based on the pretty bold assumption that SV salaries are the actual "market rate" while it is much more likely that the true market rate is much lower and SV salaries are inflated.

There is enough talent outside of SV that is willing to work for much lower salaries. Actually there is orders of magnitude more talent of similar quality/intelligence available globally.

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