Pay reduction by VMware & Twitter for remote workers
https://www.bloomberg.com/news/articles/2020-09-11/vmware-twitter-cut-pay-for-remote-workers-fleeing-bay-area How do folks feel about this? Are folks willing to take the trade off in this new Covid-19 future we have?
I’ll gladly do this. It’s only a reduction on base, and base makes up half of my TC. So a net 6.5% decrease in my TC to move to a place where houses are 20% of the price and taxes alone make up ~5-6% difference? Sign me up
Also you're saving money on taxes big time if you're moving from Cali. You probably will net benefit drastically.
This is how they are able to now afford their poor real estate choice.
Well folks in the US, welcome to the real world where salaries in London are 1/2 of the valley for EXACTLY SAME JOB at the same company on the same team with the added toll of late night calls with PT. Won’t mention India et al.
Familiar with COL?
Are you suggesting that housing in London is cheap?
People discovering why they moved to the Bay area originally.... This is hilarious!
A similar poll recently showed that people will chase TC & value it over wlb. That's the general sentiment on Blind anyway. What caused the sudden change? Did people suddenly realize that there's life outside work?
Because people want to work hard when they are younger if it means they can not work so hard when they are in their 40s and beyond.
But your most fun years can be before you turn 40 so why sacrifice that? Coming from a GE guy I know this seems rich lol
I’ve lived the world over. California really does have the best weather in the world. People will pay a premium for that. Myself included.
You guys better stop paying the wildfire tax. Best weather in the world it seems.
@Facebook, though this season’s wildfires are partially arson.
Yup VMware is allowing WFH permanently but you need to take a pay cut. It’s not that big of a pay cut, the only issue is the potential pay cuts in the future.
What’s the incentive for VMWare to cut WFH employee pay?
Savings to the bottom line
People want to move to South Carolina and keep that SF pay. Hahahahaha nice try.
Nobody wants to move to South Carolina... if they do, they haven’t lived there
I'd happily live in Charleston. The city's beautiful
Omg, the manipulative wording of this poll 🤣 Someone doesn’t want to see the writing on the wall, clearly
Can you elucidate?
hahaha! People said no this wouldn’t happen, but I was waiting for this.
Hahahaha 🤣🤣🤣🤣
Why are people liking this?
People like anything Apple