This is the right move. All FAANG companies will have to fall in line quick.
All the nonsense about location based COL salary adjustments are based on pure HR fantasy.
High performance engineers are valuable and rare.
All this talk about more talent being available remote to companies and companies can demand salaries lower miss out on the other aspect.
More companies are now available to high performance engineers. High performers can now negotiate higher salary with multiple companies for remote positions.
It will be upward feedback loop, pushing higher salary offers for higher performers.
It will be both. The higher performers will have higher employer pool availability driving demand up, the entry-level performers will have higher competition barriers to entry from peers.
All the nonsense about location based COL salary adjustments are based on pure HR fantasy.
High performance engineers are valuable and rare.
All this talk about more talent being available remote to companies and companies can demand salaries lower miss out on the other aspect.
More companies are now available to high performance engineers. High performers can now negotiate higher salary with multiple companies for remote positions.
It will be upward feedback loop, pushing higher salary offers for higher performers.