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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]This is going to create some very weird incentives to hack the cheapest location that still pays full salary. Like the furthered out SV/DC/NY suburb. [/quote] If appraisal companies can accurately pinpoint a house's value in say...Chantilly vs Arlington or Westchester vs Manhattan, what makes you think Facebook - which has access to everyone's data - won't be do the same for further out suburbs down to the mile? As for Silicon Valley - people are already living at 2 hour commutes away from the Facebook hub just to pay for the privilege of a $600,000 SFH. They deserve full pay. The remote WFH will probably lose access to facebook office benefits and a pay cut if they are not coming into the office certain days of the week. Here's what the COL in Dixon, California (a SV suburb with a 2-hour commute) looks like - https://www.cnbc.com/2018/08/20/pr-rep-commutes-4-hours-every-day-to-avoid-45000-dollar-san-francisco-rent.html https://www.redfin.com/CA/Dixon/965-Bounds-Dr-95620/home/2433372 https://www.redfin.com/CA/Dixon/2240-Mariposa-Dr-95620/home/2620889 https://www.redfin.com/CA/Dixon/510-W-Cherry-St-95620/home/144147159 https://www.redfin.com/CA/Dixon/241-S-1st-St-95620/home/2437703[/quote]
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