Remote work spurs a national wage leveling in tech

As more employees work remotely in the aftermath the global COVID-19 pandemic, salaries based on where in US they live are showing signs of leveling.

For example, a recent study by fintech startup Carta found that salaries for tech startup employees in Seattle now match those of workers in San Francisco, which is a tech market salary leader.

“As remote work becomes a fact of life, [startup] founders are increasingly faced with a key decision: should they adjust compensation by location?” the Carta report said. “The vast majority of companies (84%) do take location into account when deciding on compensation packages.”

To read this article in full, please click here