🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 8 months agoAnon lives with their parentssh.itjust.worksimagemessage-square113fedilinkarrow-up1588arrow-down123
arrow-up1565arrow-down1imageAnon lives with their parentssh.itjust.works🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 8 months agomessage-square113fedilink
minus-squarezeekaran@sopuli.xyzlinkfedilinkEnglisharrow-up4arrow-down1·8 months agoAs a note, my company, a fortune 50 company, does not adjust for cost of living. They adjust to cost of labor. So if they were to magically hire overseas (not a thing they do), they would pay people from Spain average Spanish wages for the industry.
minus-squareTjalinkfedilinkarrow-up1·8 months agoYep, that is actually the correct term, cost of labor. I work for a smaller one (NASDAQ 100) and they do hire remote and do adjust for cost of labor.
As a note, my company, a fortune 50 company, does not adjust for cost of living. They adjust to cost of labor.
So if they were to magically hire overseas (not a thing they do), they would pay people from Spain average Spanish wages for the industry.
Yep, that is actually the correct term, cost of labor. I work for a smaller one (NASDAQ 100) and they do hire remote and do adjust for cost of labor.