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Working From Home is Here to Stay. What Will That Do to Your Salary?

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Working From Home is Here to Stay. What Will That Do to Your Salary?

Posted November 25, 2020 by Daniel Coats

a work from home setup including laptop, cell phone and notepadEight months ago, it was supposed to be a temporary measure: work from home while the coronavirus pandemic raged on. But months later, as normality proves elusive, more and more employees are being offered a perk that would have been unthinkable just one year ago – permanent work-from-home opportunities.

Working at home allows more and more employees to leave central cities and move to far-flung suburbs, or even smaller metro areas hundreds or thousands of miles away. And it’s creating a sea change in time-honored company cultures, in which workers no longer see their colleagues and bosses face-to-face (except for Zoom).

But should an employee working for a San Francisco Bay Area company make the same wage when they move to lower-cost Nevada or Arizona?

It’s a challenge that tech companies, which are leading the way in the work-from-home revolution, are grappling with. Facebook, Twitter, VMware, Stripe and ChowNow are among the firms considering salary adjustments, depending on where their workers choose to live in a remote work format.

Tech companies are often bellwethers for other industries, so permanent work from home – and the related salary questions – could well be a part of your future.

Will work from home make high-end industries more geographically open? Will it be fair to workers who might be paid less than if they worked in glitzy downtowns?

Read more in this article in the Los Angeles Times.

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Cal State Fullerton
College of Business and Economics
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