i think worldwide tech salaries may equalize pretty fast--doesn't make sense for companies to pay differently for the same work depending on where people live if everyone is remote anyway--and its going to have some pretty interesting effects

Jul 21, 2022 · 2:05 AM UTC

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Replying to @sama
time zones are still a thing it’ll never be equal but it will definitely equalize
Replying to @sama
Yes
Varun
 @varun_mathur
2 May 2020
Replying to @varun_mathur
The disruption in white-collar jobs triggered due to 100% work from home, which was triggered due to COVID-19 + availability of good enough tech tools, where now the global workforce competes for what were once local jobs, has been a key society disrupting event in the West.
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Replying to @sama
The major discrepancy in pay we are seeing now is based off timezone differences, as working sync can be challenging if they have over 8+ hours timezone difference.
Replying to @sama
Not so sure about this - think there will be one salary (for in office / one if Hq decent amount) and another lower salary (for full remote)
Replying to @sama
Might lead to the creation of new network states @balajis calls out. ESP if paid in crypto. Would be interesting to look at stats of GitHub contributors by geo and their income.
Replying to @sama
equalize up or equalize down? I don't see how they equalize down since a high quality engineer is still a scarce resource. Outsourcing IT jobs has been happening for decades now, and time and time again it proves to be a disaster. You get what you pay for.
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Replying to @sama
Tech salaries in developing nations are going to 🚀 (Probably 3 to 4X over next couple years)
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Replying to @sama
Proximity and collaboration in the same time zone is still very much a thing, even with remote work. An employee in the US that's close to leadership will still most likely be in higher demand than an employee with a 12 hour timezone difference
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Replying to @sama
Prediction: ratio between total compensation of current Google L4 engineer now vs 5y in future?
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Replying to @sama
as my co-founder said, I don’t care about your zoom background
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