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Reply to "Facebook announces that remote WFH employees will have salaries decreased to match local COL"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Perhaps a dumb question, but wouldn’t you need to know the pay cut before determining if the new location really has a lower cost of living to justify the salary cut? Having been involved with salary studies for satellite offices, I can report that professional consultants for such things price out salaries at ridiculously lower targets even in high cost areas. They priced out San Diego lower than our Midwest HQ—it was ridiculous.[/quote] My guess is that companies like FB already have some form of this for satellite offices. They'll just expand it. I imagine you can ask what your salary would be, too. My guess is that the COL adjustments will be published internally at some point and it will likely be state-based. The gamesmanship that might go on in the east coast (NH versus MA for instance) won't be such a big deal for tech companies because the western states are much bigger. [/quote] Facebook has not had many satellite offices, unlike Microsoft, which has a lot. Most of tech satellite offices revolve around sales. I would not think that Facebook salaries would dramatically differ based on location except in terms of housing because they still want excellent employees, and excellent developers can demand high salaries. It’s like a really good experienced developer in Kentucky is going to be cool with making 65K as opposed to 250-300,000+ just because he’s in Kentucky. It will be more like people based in SF have a higher rate because of that cost of living. But I would doubt the difference would be extreme. [/quote]
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