I moved from SF to Boulder, CO and my company docked me 15%. Idaho/TN would have been a 20% dock.
I work in the salary/recruiting space and the general discussion is this: is a company buying your time or your work? If they buy your time then a pay cut to reflect a cost of living adjustment makes sense, as your time is less expensive in a less expensive place. If they buy your work, then a company should pay you the same no matter where you work or what your COL is.
Can people weigh in?

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Can a company buy your work without buying your time? No work can be done without it taking time, so it's hard to separate those two as mutually exclusive

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Feel free to quit and reapply as a 1099 employee and get paid by work product.

Til then I think you are wrong. You are paid based on the your region. It's cheaper to hire talent in cheaper areas.

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They are buying labor in a marketplace, and assuming that in your new marketplace the going rate is lower, so you will not be able to find an equivalent job that pays more.
Their valuation of Boulder vs Idaho/TN market rates seems weird though.

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As someone who left the Bay... That 85% pay will have you more comfortable in Boulder. Put it in terms of Work Product /Time exchanged for Purchasing Power, and you are coming out ahead.

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It’s a good point. In legal terms my understanding is that a salary job buys your work and an hourly job pays for your time. But that could work against people who live in an expensive area of the country and are required to live near the office. Historically, Companies are going to pay only what they have to in order to be competitive. If they open the job up to people living anywhere, some will benefit and others will suffer. that said, I’m aware some companies are moving toward paying identical salaries to everyone at the same level with the only differentiation being bonus levels. I truly don’t know how they are going to make that work long term. But it certainly gives credence to the “paying for the work” model (if 2 people at the same level are truly held to the same expectations…which is another debate entirely!)

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