Katie Bindley
speaker
187 appearances
3 recordings
1 series
first heard Sep 2021
last heard Jan 2022
Katie Bindley’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Should Remote Workers Be Paid Based on Their Location? · 14 Sep 2021
podcast
You know, for now, because there's so much demand for talent and for knowledge workers specifically, we're seeing upward pressure on wages.
So,
As I mentioned in those examples earlier, people who are living outside of San Francisco and New York are starting to be able to make a little more money by virtue of being able to work for these well-funded companies that can pay them a bit more than the local companies can.
So you're seeing upward pressure in that sense.
longer term, I have heard people speculate that like, eventually, there will be downward pressure because, you know, one guy I chatted with for a story a couple months ago made the case that if you are a company based in San Francisco, and you can hire
a talented engineer who, you know, lives in a city where the cost of labor is lower, then why would you keep paying people really high salaries to be here?
So his thought was kind of, we might eventually just see things settling somewhere a little, you know, a little down from where they are now.
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