<story><title>One Job, One Pay – Globally</title><url>https://stellate.co/blog/one-job-one-pay</url></story><parent_chain><item><author>summerlight</author><text>When it comes to equal pay in all region, I usually find that people tend to think it as Bay Area level (or at least US metro level) pay for everywhere. But a more realistic consequence would be developing country level pay for everywhere. There are tens of millions of developers outside the developed countries which will gladly accept one third of the market rate in developed countries. If you live in Europe or US and speak European languages, you gotta accept the fact that this geographical&amp;#x2F;linguistic barrier has been a critical factor for your annual salary.</text></item></parent_chain><comment><author>ajmurmann</author><text>I think it will be more differentiated than that. If you are top talent at FAANG you&amp;#x27;ll probably continue to be able to demand top comp. If the you are a mediocre dev and you&amp;#x27;re salary is only high because you are in SF, your comp will likely go down. Comp in developing countries is already going up as well as part of the remote boom. Comp in Colombia for example seems to have practician doubled in the last year.&lt;p&gt;My thoughts on this in longer form: &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;amurmann.com&amp;#x2F;posts&amp;#x2F;remote-labor-market-future&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;amurmann.com&amp;#x2F;posts&amp;#x2F;remote-labor-market-future&amp;#x2F;&lt;/a&gt;</text></comment>
<story><title>One Job, One Pay – Globally</title><url>https://stellate.co/blog/one-job-one-pay</url></story><parent_chain><item><author>summerlight</author><text>When it comes to equal pay in all region, I usually find that people tend to think it as Bay Area level (or at least US metro level) pay for everywhere. But a more realistic consequence would be developing country level pay for everywhere. There are tens of millions of developers outside the developed countries which will gladly accept one third of the market rate in developed countries. If you live in Europe or US and speak European languages, you gotta accept the fact that this geographical&amp;#x2F;linguistic barrier has been a critical factor for your annual salary.</text></item></parent_chain><comment><author>craigds</author><text>It&amp;#x27;s probably something in between though. There&amp;#x27;s probably a point in between Developing Country Pay and Bay Area Pay where the company can get quality work done for the price they&amp;#x27;re willing to pay.&lt;p&gt;Obviously, they&amp;#x27;re less likely to get Bay Area developers, but I don&amp;#x27;t really see how that&amp;#x27;s a problem - there are plenty of good devs elsewhere. Maybe this is a good incentive for Bay Area devs to move somewhere cheaper :)</text></comment>