> do you currently see pay adjustments based on housing costs
Yes, it's commonly referred to as "cost of living adjustment."
The rational basis is that the employer sees strategic value in having a physical presence in a given locale, and are willing to pay a premium to have employees actually located there.
Note that I've been working remotely full-time for years, and never plan to go back. I am, however, under no illusions that my salary is a permanent thing.
> Yes, it's commonly referred to as "cost of living adjustment."
I think you missed the point I was making. Have you seen two employees living in the same city, with one paid more because he decided to buy a more expensive house?
I'm aware that there are regional differences, but they can be explained by factors like different productivity levels. This discussion is different - it's about the same employee living in two different locations.
If living in a nicer house caused engineers to have more job opportunities at higher salaries, then Google probably would pay you more for living in a nicer house.
Yes, it's commonly referred to as "cost of living adjustment."
The rational basis is that the employer sees strategic value in having a physical presence in a given locale, and are willing to pay a premium to have employees actually located there.
Note that I've been working remotely full-time for years, and never plan to go back. I am, however, under no illusions that my salary is a permanent thing.