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Can someone please elaborate on a better answer.
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Thanks in advance.
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Chief
From my experience, unless your TC has a separate COL that is set by your location there is no change going from a high COL to low COL. If you work remotely this is a good way to make money. I don't know about the case where it's going from low to high.
It depends on the company, some companies choose not to tie pay to location.
That said, I imagine Google has robust policies around comp changes when moving between offices. SF to London will likely be a pay cut. London to NY will likely be a pay increase.
Keep in mind that most companies look at more than just cost of living when making those pay adjustments. London has a cheaper workforce than SF and NY, while cost of living is probably similar, so that pay cut moving to London will put you in a worse position financially.