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