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CS 007: Personal Finance for Engineers

cs007.blog

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Re: CS 007: Personal Finance for Engineers

#8
post #5

Do you think, for remote companies the geographical location of the employees/contractors should play a key factor in the compensation?

Arbitrage is as old as Humans.

Companies will try it. Workers will push for arbitrage-free pricing. It's just business as it always was.

Re: CS 007: Personal Finance for Engineers

#9
post #5

Do you think, for remote companies the geographical location of the employees/contractors should play a key factor in the compensation?

Assuming you are just asking the crowd here:

I don’t really think “should” comes up in those discussions. Companies pay as little as they can get away with, restricted by the need to retain talent.

People in higher cost of living areas will probably end up with higher salaries in general because, for a given level of financial wellbeing, they need a higher salary. So they’ll be more incentivized to do more things that result in higher salaries: move jobs, go for promotions, negotiate more, etc.

Re: CS 007: Personal Finance for Engineers

#10
Related:

Personal Finance for Engineers - https://news.ycombinator.com/item?id=26069298 - Feb 2021 (1 comment)

CS 007: Personal Finance for Engineers - https://news.ycombinator.com/item?id=22191259 - Jan 2020 (1 comment)

CS 007: Personal Finance for Engineers – Stanford University 2017-20 - https://news.ycombinator.com/item?id=21631834 - Nov 2019 (39 comments)

Stanford CS007: Personal Finance For Engineers - https://news.ycombinator.com/item?id=15786703 - Nov 2017 (343 comments)

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