Anyone work a fully remote job and have moved to a lower cost of living city with a HCOL salary?

like
Posting as :
works at
You are currently posting as works at

That's the dream, but alas no.

I know people who've done it and lived like kings for awhile. Our company policy isn't to lower salary in such circumstances, but they definitely didn't see a cost of living adjustment for several years. It slowly widdled away.

Companies now have measures in place to prohibit this.

Some, but not all.

No, I haven't done this but it sounds like a win-win situation. More bang for your buck. Enjoy it as long as you can. Save, take vacations, invest.

Does your company know that you are moving to another city where the COL is lower? I would try to keep it on the hush for as long as possible. They ca adjust your salary to the COL

Related Posts

What is tech consulting hike ? For staf 3 senior

like

Anyone know the salary range for Data Architect senior at EY?

like

How much are ESE paras paid in your district?

I am currently working as a PayPal AWF/CW in contractor's payroll for the past 3 months. I heard many got converted from AWF to FTE. So what is the process for FTE conversion? Should I clear some Interviews? Also how much would the salary increment be? On par with regular hiring? Any minimum time limit of being in AWF before FTE conversion?

like

what will be my Inhand salary here, I have exemption for Homeloan, NPM and HRA.
HCL Technologies

Post Photo
like

What is the average salary bracket for a c10 role in Citibank??

like

Hi, Anyone pls tell me what will be my in-hand salary?

Post Photo
like

Currently my wify's package is 7.5 LPA at Capgemini as SAP ABAP developer and with overall experience of around 5.5ys.She has cleared all technical rounds in Accenture and having HR round in next week.how much she should asks for package?why I'm asking this because she was selected to the same Accenture in 2019 and at that time she asked 80 percent hike and for that reason the profile was kept on hold and eventually joined Infosys at that time

So I'm a bit scared want to make the pivotal to tech after my MBA but noticing a huge difference in Consulting salary (165k) and tech (133k). Does RSU help cover the gap?

like

What is the salary of consultant in Capgemini

What is the average incentive given to a Consultant in Cognizant with a 4/5 YEA rating?

Hi, I was promoted to Associate in March. Am I eligible for October annual hike?

like

3 years in fed consulting, 1 year in tech consulting, located in Boston what should my salary look like?

like

Sign-on Bonuses, is it typical for a company to ask for a re-payment agreement? i.e. 100% if leave/fired within 12 months, 50% if leave/fired within 24 months?

like

Hi Folks,

Got this rating with promotion to Senior - 1 at EY GDS India location

How much hike and bonus I can expect?

How QRMTE rating is given?

New to EY GDS request you to help me with your insights☺

Post Photo
like

Hi I have offers on both gavs and broadridge on which gavs is giving me higher package. Which one should I choose

like

My current package is 15 LPA fixed 5 years of experience. How much should I ask in the next switch?

What does the salary for a home health visiting nurse in the south look like?

like

What’s the average salary range for a GAS?

like

More Posts

When you only stay in accounting to pay off your loans, but hate every single day...

like

I left Accenture on 11th Jan.
Prior to that I had submitted iT declarations, from where can I get Form 12B?@Accenture

like

Anyone joining PwC AC Banglore on 6th September?
Have you got any mail for a laptop or any onboarding details?

Any insight into potential salary range for a Wealth Brokerage Trader at Truist located in Charlotte NC?

like

Is 150 billable hours per month little/average/a lot?

like

I lateraled into a niche practice group in Sept 2021. I also have a 1 year old and have been mostly remote since I started - but have been keeping busy tracking towards 2400-2500 hours. That said getting to know people only remote has been kind of awkward at times (email only can be tough to decipher) although as a working mom the pros vastly outweigh the cons. Yesterday my main partner asked me to come in Thursday bc he will be there and set a time to meet. Is this good/bad?? kind of nervous!

like

A colleague mentioned to me that they bill self study instead of pto. If I’m utilized at 100%+ and staffed on a client and take 3 days off wed-Sunday, they say bill self study and save pto. Advice?

like

Whoever took the shoes off on my plane please put them on 🤢

like

I have a international trip at the end of July. Passport needs to be renewed and it looks like standard takes 4-6 weeks. Anyone have any issues with cutting it this close? Should I go for expedited?

like

I could die and my Director would get a ouija board to ask if I still had bandwidth...

likefunnyuplifting

I feel like I know absolutely nothing about financial markets. It’s truly embarrassing, Whenever the topic comes up I just sit there and nod. Any recs to get more knowledgeable on the basics?

like

For index fund investing, is there any real difference in Charles Schwab and vanguard?

like

I am a registered sales assistant which means I have my series 7. I also have the 63 and my Life & Health license. I was a financial advisor but the role is commission only so I decided to take a role as an assistant for some time to learn etc. I really like my role, but I only make 32k a year and after taxes I only take home about 25k. I have a gut feeling that I’m not being paid market value but it’s tough to find comparable salaries. Do you think $15.38/hr is a fair wage in this case?

Planning a trip to Tulum, Mexico for about 12-15 people. I am wanting to get a house near the beach with a c or can come every day. Any suggestions on where to start? Would we also need to rent cars?

like

Looking for a room in a preoccupied flat for male near rapid metro phase 1/sec 43-44/Sec 53-54 in Gurgaon. Budget approx 10k

like

Does anyone know the work hours for a virtual financial advisor - national branch, for the Tempe location?

like

Have a consulting interview this week I’m prepping for. Doesn’t necessarily have to be related to the case portion, but what are the best questions candidates have asked you during an interview?

like

Tgif hello all how is your day ☺ anyone here can reply... to me

like

Hey fishies! Been a GVP consultant for 3.5 years now, hard work, tough “in trouble” clients, and just haven’t had the chance to work with a team long term! Been in the industry a while, current Head of DSPV and looking to jump back into FT work. Non-MD so it’s hard to find companies that will hire me even though I teach in grad school and headed for my PhD. Any thoughts? Openings?

like

How many of you max out all tax-advantaged space, i.e. 401K, Roth, and HSA, and is it doable to live on what's left?

like

Additional Posts in Student Loans

LCSW 50k loan repayment- Has anyone been granted a contract through the National Health Service Corps Loan Repayment Program? I’m interested in applying for the 2 years of full time work as an LCSW but my loans are a bit under 50k so I’m wondering if they would only give me what I need to clear my loans or would I still get 50k as long as I complete my contract ?

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

like

If you could go back in time what would you tell yourself before taking out student loans?

like

Damn LIBOR rate up again...

SOFI or who else?

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

like

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

like

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

like

Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

likefunny

Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal