Some tech workers who leave the San Francisco Bay Area face pay cuts depending on where they move
Workers for big tech companies in the Bay Area who are relocating to work remotely might be forced to take a pay cut, depending on where they choose to live. The new pay-cut movement stands to create tension between some of the most profitable companies in the world and their skilled and highly paid employees.
1. Companies are devising plans for a future with decentralized staffs
2. Some workers could face cuts of 15% or more
3. Some experts say cutting pay can backfire on employers
4. But the idea makes sense to some workers Read more via WSJ