> Did the value to Google of the work these people are doing suddenly go down?
No, but pay has never been about just the value provided. It's (value * leverage).
Janitors provide plenty of business value, because a clean workplace is important. They have low pay because they're relatively easy to replace, so they have no leverage.
If you move to an area with a weaker economy and fewer high paying job opportunities, you've reduced your leverage, so your pay going down isn't surprising.
No, but pay has never been about just the value provided. It's (value * leverage).
Janitors provide plenty of business value, because a clean workplace is important. They have low pay because they're relatively easy to replace, so they have no leverage.
If you move to an area with a weaker economy and fewer high paying job opportunities, you've reduced your leverage, so your pay going down isn't surprising.