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by CodeSheikh 3429 days ago
I am a bit confused about $130,000 limit. A $130,000 salary in NYC is way different than a small town in Mississippi. Should not it be regional average?
2 comments

The most economically productive businesses are located in the most expensive areas, because they get the highest ROI from hiring top employees. Skilled workers get paid less in MS because the national economy needs skilled workers less in MS.
FWIW, reading this from the other side of the pond (which suddenly got way cheaper), I would not come to NYC or SV for $130k. I can cope much better on much less and I don't have to 'create $130k+" of value every to justify my employment. In other words this bill may work a little too well - even if some companies are willing to pay that much it's no longer that attractive to come over and match those expectations...