Peter Cappelli
speaker
115 appearances
2 recordings
1 series
first heard Mar 2021
last heard Jul 2021
Peter Cappelli’s voice in public audio — every appearance, attributed to the second.
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Appearances
I think it's a big, big challenge for an organization to try to have one set of employees who are remote and another set who are on location, on site.
I think there were two ways in which you saw location-based pay.
One was for labor markets that were really local.
If you're hiring administrative assistants, you're hiring janitorial staff, you know, those people don't travel all that much for those jobs.
They don't move very far for them.
It's very much a local labor market, so they pay different in New York City than they would pay in upstate New York, for example.
But the other, and the one we're talking about more, are for white-collar jobs and management roles.
And there, the reason we had location-based pay is because the companies told you where you were going to go and you had to go.
So, you know, it didn't seem fair, particularly for expats, if they were sending you to some foreign country that was very different and it was very expensive to live there.
a more traditional American life there.
Their view was, we shouldn't take it out on you because we're making you live there.
But I think since we have moved toward a model where very few companies are moving people around anymore,
the arguments for having location-based pay just kind of fell apart.
How has the pandemic sort of changed that approach?
I think what happened was, particularly in the tech community, which is really the only place I hear they're taking this seriously or seem to be, was the idea that after a couple of companies in areas that were quite expensive thought about cutting the pay of people who would move someplace else, then everybody jumped on and all the boards of directors thought it's really important for us to
get something out of this the employees are getting to live where they want what do we get out of it right and i think it's almost completely just an effort to grab something from the employees to be honest you know the companies are saving money when you work remotely they're taking your office away almost always right they're taking away all the office-based perks that were associated with it and you're not getting any of those things
And so I think really what they're doing is they're trying to find a way to grab some money back from you.
And if they simply said, we're gonna tax you for relocating, that would sound bad.
So they do this, you know, we'll pay you based on where you live.
hoping that no one decides to move to a location that's just as expensive as Silicon Valley, right?
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