Category: Economics
Posts where I talk about broad national and international economics, usually in the context of software development or small business.
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The Problem with Geography-Based Pay
Some remote companies such as Atlassian have begun altering their pay structure to pay workers different amounts depending on the geographic region where employees live. No doubt the company leadership responsible for such decisions has correctly determined that the cost of living is not the same everywhere, and has naively assumed that the way to address this imbalanced cost of living is simply to pay people more who live in higher cost areas. However, I’d like to make the case that this “solution” solves one issue and introduces several others in the process, arguably resulting in a worse outcome for…