Comment Comment by slg >we are eliminating geographic compensation zones in the USI am worried about the precedent this sets and the long term consequences. I can certainly imagine a scenario that plays out like the following:Step 1 - Eliminate geographic considerations for salary.Step 2 - Scale all salaries to expensive markets.Step 3 - Slowly allow salaries to stagnate until employees in expensive markets are no longer receiving fair pay.Step 4 - Employees in expensive markets leave for other jobs.Step 5 - Allow steps 3 and 4 to repeat themselves as many times as you like.Step 6 - Company has now decreased employee salaries and physical expenses like office space.Step 7 - Profit. parent slg 6 years ago
I am worried about the precedent this sets and the long term consequences. I can certainly imagine a scenario that plays out like the following:
Step 1 - Eliminate geographic considerations for salary.
Step 2 - Scale all salaries to expensive markets.
Step 3 - Slowly allow salaries to stagnate until employees in expensive markets are no longer receiving fair pay.
Step 4 - Employees in expensive markets leave for other jobs.
Step 5 - Allow steps 3 and 4 to repeat themselves as many times as you like.
Step 6 - Company has now decreased employee salaries and physical expenses like office space.
Step 7 - Profit.