Since tech compensation is so high in areas such as SF, NY, Seattle, will wfh lower TC as supply of workers increases?
Why not reduce SF, NY, Seattle based employees and just hire remote workers from India, Bangalore? Even better hire new grads from Waterloo, Stanford, Cal Tech, Harvard etc, but give them lower base salaries what use to be $150k TC starting reduce it to $100k TC and tell the new grads they can work remote/find a low cost of living area. New grads can live with their parents or move to areas such as Utah, Wyoming, Nebraska and still have the same quality of life as they did making $150k in the Bay area.
What's preventing the Zucc, Bezos, and Sundar from looking at the numbers and realizing just hiring a bunch of remote workers gets more bang for buck when the dude in Punei/Chennai) Delhi will do the job for only $80k instead of $200k and rsu?
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Google is also looking into wfh but the consensus is that its not going to happen. I also agree with this, I am working on a project and we have to debug some stuff as a team it takes 2-3x time to do it and also affects team morale.
My biggest take away from this experience is that my team out in pune do not make the amount they deserve and it very much upsets me. Unfortunately, bigger companies make it hard to get much higher comp approved. Only way I was able to was with title changes and it wasn't a lot. Those guys and girls deserve wayyyyy better. </rant>