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by grayrest
4351 days ago
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Companies usually scale pay based on the cost of living in the city where the worker lives. Tech hubs tend to be high cost of living areas. A $115k job in NYC becomes a $90k job in Omaha based on the premise that it costs 25% more to live in NYC. This accurately reflects the buying power in the two different cities but base pay also generally translates percentage-wise into other benefits like 401k matching and your negotiating position for salary at your next job. |
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