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At Google, HR has dictated to our team "no Bay-area hiring" for over a year now. It seems at least one company agrees with "There’s no surplus value in hiring in the Bay Area".
What's HR'a rationale?
Earlier quoted context omitted.
What's HR'a rationale?
The engineering pool is broad enough (or the Bay Area shallow enough) that they can hire everywhere and get the same quality of engineer. Since the wages paid are based on _local_ prevailing wage, and the Bay Area has the highest prevailing wage, Google will get cheaper engineers. This also avoids the US immigration system, which is a terrible, expensive, stress inducing (performance sapping) thing for staff (and bus…
I agree with much of this post, but there is a reason the areas with the highest intellectual output are on the coast.
I just moved from Dallas to the bay. Going from multiple allergy medicines a day and a persistent brain fog from ragweed and mountain cedar to none. Going from keeping windows closed with co2 levels spiking to levels that effect cognition to living with windows open and breathing fresh air. There is a reason Texas is where dying companies relocate to.
As a UK national I would love to move to the US for better opportunities and weather. Getting a visa seems next to impossible, short of marrying an American. I probably missed my chance in the pre Covid tech boom.
As a UK national I would love to move to the US for better opportunities and weather. Getting a visa seems next to impossible, short of marrying an American. I probably missed my chance in the pre Covid tech boom.
At Google, HR has dictated to our team "no Bay-area hiring" for over a year now. It seems at least one company agrees with "There’s no surplus value in hiring in the Bay Area".
But FAANG are no longer hiring the smartest, most innovative people in the world. Those people served their purpose, and were instrumental in making FAANG huge. FAANG stays huge by keeping the lights on at minimal cost. That takes legions of schlubs to maintain and incrementally improve their massive infrastructure... and those are more plentifully, and cheaply, found elsewhere.
Earlier quoted context omitted.
>Now, I’m earning 2-5x more than my peers (that were more senior than me) that chose to live in those cities. Salary or takehome? Sure, your net in SF will be higher than Orlando or London, but looking at resources such as levels.fyi, internal salary sharing sites at large companies, etc. the math for Seattle comp with no state income tax is pretty close to bay area minus tax.
Seattle has enforceable (and readily abused) non-compete and also virtually non-existent startup scene
Earlier quoted context omitted.
Seattle has enforceable (and readily abused) non-compete and also virtually non-existent startup scene
In practice, no, the non competes are never enforced, and if the goal is to brag about high compensation startups don't matter.
To your second point - there are always a bunch of well capitalized startups in the valley. Today it’s AI, before it was crypto, etc. These startups pay really really well when compared nationally. You dont have to get into 500k+ faang salaries to win against other locales
On top of that there are many more private companies that also pay good base + offer liquidity events for employees. Again - orders of magnitude more than seattle, austin or even nyc
Having corporations bring jobs here with the current housing situation is kind of irresponsible. In the long run, if they spent some %age of money on yimby causes, they could save money by reducing the cost of living