I feel like not many people really have “a job that can mostly be done from anywhere”, and a lot hinges on that assumption here.
I am uncertain about this and it probably heavily depends on how you define “EAs”. My impression might be very biased.
I think your piece treats being in a high COL place as solely an EA move; in reality EA hubs are not picked from a random list and are attractive places in themselves
Hm, I don’t think it’s solely an EA move. I do prefer London, mostly for the EA community, but also because of access to art, food, architecture, and other niche communities. But I would consider choosing to live there a luxury, similar to taking expensive holidays. It seems strange to me that some employers are willing to subsidise and in some cases even financially reward the former.
This heavily depends on how exactly the COL-adjustment is made, and many orgs are not transparent about how exactly they do it. In most cases it seems like the adjustment is proportionate to your base salary. This means that in some cases, COL-adjustments encourage junior people to live in cheaper places while encouraging more senior people to move to more expensive places (because other expenses like housing aren’t relative to their salary.)
I don’t think I have fully developed my opinions on compensation yet and very interested in hearing other people’s thoughts on the topic. I am surprised that it’s not being discussed more.
I think transparency about pay is great, and I hope I am not discouraging it with this post.
I am uncertain about this and it probably heavily depends on how you define “EAs”. My impression might be very biased.
Hm, I don’t think it’s solely an EA move. I do prefer London, mostly for the EA community, but also because of access to art, food, architecture, and other niche communities. But I would consider choosing to live there a luxury, similar to taking expensive holidays. It seems strange to me that some employers are willing to subsidise and in some cases even financially reward the former.
This heavily depends on how exactly the COL-adjustment is made, and many orgs are not transparent about how exactly they do it. In most cases it seems like the adjustment is proportionate to your base salary. This means that in some cases, COL-adjustments encourage junior people to live in cheaper places while encouraging more senior people to move to more expensive places (because other expenses like housing aren’t relative to their salary.)
I don’t think I have fully developed my opinions on compensation yet and very interested in hearing other people’s thoughts on the topic. I am surprised that it’s not being discussed more.
I think transparency about pay is great, and I hope I am not discouraging it with this post.