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Kraken has a few thousand employees, has been a remote first company for a decade, and pays the same no matter where you live.
by kirbypineapple 4y ago
Kraken has a few thousand employees, has been a remote first company for a decade, and pays the same no matter where you live.
- andsoitis 4y agoKraken operates in over 60 countries (according to their website). They pay the same amount across all those territories, including benefits etc.? I find that hard to believe.
- kirbypineapple 4y agoFor engineering/product etc. that's the case. Doesn't matter if you move from San Francisco to Thailand or some other low cost of living area, your pay remains the same.
- onion2k 4y agoNot cutting someone's pay when they move is very different to hiring someone in Thailand on a Bay Area salary.
- b4je7d7wb 4y agoWhy? If both do the same work in the same location, why would one get more than the other. Either you don't adjust the pay when they move because you are already paying everyone an equal salary. Or you adjust it and pay everyone a local salary. Gitlab does the latter.
- bottled_poe 4y agoWhy? Because that’s how basic market forces work.
- fijiaarone 4y agoGitlab just outsources development. It’s that simple.
- onion2k 4y agoIf both do the same work in the same location, why would one get more than the other. I totally agree. But kirbypineapple's point was about someone's salary not being cut when they move. That's much less interesting than someone in Thailand getting the Bay Area salary when they're hired. If Kraken pays the same salary for a role regardless of location when they're hiring then that's awesome. I would find that incredibly surprising though, if only because advertising a role on 50* the typical local salary would make hiring really hard because you'd be swamped with low quality applications.
- kirbypineapple 4y agoKraken's offers are not affected by geography in any way. The are engineering salary bands are completely agnostic of region.
- ForHackernews 4y agoIsn't Kraken part of the crypto game? Not sure they can be compared to more mature businesses. Are they paying their employees in tokens?
- CRConrad 4y agoAh, so this wasn't gitkraken that was meant, then?
- Tao3300 4y agoDamn! You just made me spit out my drink! That's as flimsy a strawman as you could find.