Way back in the dark ages of 2019, it was pretty obvious how you should pay people, and location was a big part of that decision calculus. Everyone understood that if you lived and worked in Silicon Valley, your salary would be higher than if you lived and worked in the Red River Valley (Minnesota, if you’re wondering).
Then in 2020, many people took their work home, and some moved from California to Kentucky.
But their job didn’t change, and the pandemic continued for too long, and now, no one wants to come back to the office. Just what do you do about salaries now that the employee can choose their own cost of living?
Since salary is top of mind for many active and potential jobseekers, it’s an important discussion.
To keep reading, click here: Salary based on location versus pay for value: which is better?