Because of Remote Working Tech Workers Consider Escaping Silicon Valley’s Sky-High Rents
- Thread starter Anerdyblackguy
- Start date
I know people who negotiated 80% San Fran rates and move to a 50% cheaper market. The company saves money and emp still makes out like a bandit. Much easier to do when you start local rather than start remote though.
Not all of them. My girl works for a huge media ad agency in SF. She told me one of her coworkers moved to Denver and still kept her SF salary....
As the dookie piles up on the streets of SF, more and more people are going to be doing this.
The thing is, people used to try to do this with federal jobs in CA. They would work in CA for maybe 6 months to a year as a federal employee. Then they would transfer to a lower cost of living state (Arizona, Nevada, or Texas) and they would keep their same salary. Well the feds caught on and put a stop to that. So if you move, your salary changes too.
I am sure these tech companies are looking into that. Like yeah, stay home...move to another state, but don't think you are going to take your San Francisco/Silicon Valley salary to Dallas or Memphis. It might work in situations where it's just a couple people....but if you have a BUNCH of people doing it, they are going to make a change.
I am sure these tech companies are looking into that. Like yeah, stay home...move to another state, but don't think you are going to take your San Francisco/Silicon Valley salary to Dallas or Memphis. It might work in situations where it's just a couple people....but if you have a BUNCH of people doing it, they are going to make a change.
it's going to have a lot of variances imo. If the employee is a moneymaker doesn't always make sense to eat the costs of retraining and risk a bad hire to save money.
you'll probably see a discrepancy grow between new remote first hires and existing relocating ones.
Middle America about to become blue states
Hopefully all the unused/misused space finally gets some efficient use
Seems cheap, must’ve been a room in a 2br apartment.
Hecklau, 32, is planning to take the money he would have spent on a Lake Tahoe vacation home and make a down payment on a permanent home in Sacramento, abandoning his $3,200-a-month rental in San Francisco
SleezyBigSlim
Banned
Gotta make nearly 10k/month to qualify for that apartment. Ridiculous
Hecklau, 32, is planning to take the money he would have spent on a Lake Tahoe vacation home and make a down payment on a permanent home in Sacramento, abandoning his $3,200-a-month rental in San Francisco
Im mostly talking about future salaries. Obviously they won’t lower someone’s salary because they work remotely and moved. And the people who were qualified for the jobs that didn’t want to move for the jobs are now in the bidding for the jobs.
You act like you don’t know how capitalism works.
Companies only pay what they have to pay.
Xtraz2
Superstar
Not only freeing up the housing market
but freeing up the overly packed freeways during commute hours
Less smog in the environment
less money spent on coffee and dry cleaners
overall reducing our carbon footprint
Yup.
It's going to be different. Two of my coworkers took a pay cut. One moved to Denver and the other to Orlando. They'll still be good because of the jobs they have, but their pay is getting adjusted though.
GnauzBookOfRhymes
Superstar
Told y’all about this shyt. This is the new wave.
