"I work in the UK at a company that announced 'Work from Anywhere'. I want to move to Spain/Italy/Portugal. They told me my compensation would drop 35-40%. What are my options?"
Honestly: nothing, beyond either staying put or leaving your company. This is deliberate from them.
Honestly: nothing, beyond either staying put or leaving your company. This is deliberate from them.
Situations like this will become far more common as companies decide on country-adjusted compensation or paying the same across regions.
They know they will lose people.
To find companies that pay well, even remote, I wrote an extensive article here: newsletter.pragmaticengineer.com/p/finding-the-…
They know they will lose people.
To find companies that pay well, even remote, I wrote an extensive article here: newsletter.pragmaticengineer.com/p/finding-the-…
And I'm adding that it is not unreasonable for large companies to do this.
If they did not adjust your UK salary: they would need to pay everyone in Spain/Italy/Portugal at UK levels. From their end, that would make zero sense.
Instead, they will hire people in those regions.
If they did not adjust your UK salary: they would need to pay everyone in Spain/Italy/Portugal at UK levels. From their end, that would make zero sense.
Instead, they will hire people in those regions.
"But companies should pay for the value created, not the cost of living."
If this was the case, marketing people would be paid far more than software engineers at most places.
The market reality is this: companies pay as much (as little) as they need, to hire people.
If this was the case, marketing people would be paid far more than software engineers at most places.
The market reality is this: companies pay as much (as little) as they need, to hire people.
"I don't think marketing creates more value than software engineers."
Marketing creates huge value. A visual example on a team of two: one dev and one marketer.
The below is a good case of why marketing *should* be paid as much as engineering.
plausible.io/blog/bootstrap…
Marketing creates huge value. A visual example on a team of two: one dev and one marketer.
The below is a good case of why marketing *should* be paid as much as engineering.
plausible.io/blog/bootstrap…
A good point by @harri_etty: companies that spend the same on employees on every country might still “cut” gross salaries.
In the UK, a company spending €100K on an employee is ~€100K in gross salary. In Italy the same spend is ~€75K gross salary b/c company payroll taxes.
In the UK, a company spending €100K on an employee is ~€100K in gross salary. In Italy the same spend is ~€75K gross salary b/c company payroll taxes.
https://twitter.com/harri_etty/status/1494231450572443650
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