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August 1, 2021 09:34 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/EghC2tpj4qQ/is-remote-work-forcing-smaller-cities-to-compete-with-big-tech-salaries
Is Remote Work Forcing Smaller Cities to Compete With Big Tech Salaries?
Remote working seems like a boon to smaller cities, Reuters reports:About 30 per cent of remote workers plan on moving, according to two recent surveys: an April poll of 1,000 tech workers by nonprofit One America Works and a June survey of 1,006 national remote workers for MakeMyMove, focused on intentions for the next 18 months... [T]he numbers mean a lot for some towns and cities that have seen "brain drains" to larger metropolitan areas, said Prithwiraj Choudhury, associate professor at the Harvard Business School. But smaller cities are now also competing with big-tech recruiters, reports the Wall Street Journal:Some of the biggest names in tech aren't just allowing existing workers to relocate out of the Bay Area, they are also starting to hire in places they hadn't often recruited from before. The result is the most geographically distributed tech labor market to date. That's leading to above-market rates for workers in smaller hubs, forcing local companies to raise wages to keep up with the cost of living and fend off deeper-pocketed rivals from California.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/EghC2tpj4qQ/is-remote-work-forcing-smaller-cities-to-compete-with-big-tech-salaries
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