Here’s a running list of every company (and the remote jobs they offer) that has announced that where you work will have no impact on what you are paid.
Due to the COVID pandemic, more and more companies are going to remote. Remote work means employers can hire employees from anywhere.
However, many companies have chosen to use location-based pay meaning compensation packages take into account employee location. This can make sense as companies can hire remote employees where the cost of living, and therefore salary expectations, are lower.
For example, Google’s internal salary calculator allows employees to see the effects of a move to a new location. A Google spokesperson told Reuters that « compensation packages have always been determined by location, and we always pay at the top of the local market based on where an employee works from. »
In contrast, some companies are choosing to base pay solely on the value of work. They reward hard work and pay employees the same regardless of where they work from.
This is known as location-agnostic pay.
Originally posted 2022-10-27 08:05:36.
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