04/02/2022
Businesses are currently split on whether to adjust workers’ salaries based on where they live. By August 2021, most Big Tech firms (a group including Alphabet, Amazon, Apple, Meta and Microsoft) had announced they would slash the pay of employees who relocated out of Silicon Valley, arguing that existing wages were pegged to high living costs in the San Francisco Bay Area. Other firms, however, say pay shouldn’t be linked to location; rather, employees will receive the same wage regardless of their local cost of living, because their work can be done from anywhere, and that cutting remote-worker pay could mean good staff leave.