If you’re mad at anyone, walk down to city hall and tell them to build more housing.
If a company places it's headquarters in a HCOL area and requires everyone come in 5 days a week, then yes, they have a responsibility to pay a salary high enough that their employees can survive there.
If employers don't like the fact that COL is too high, THEY can go ahead and march on city hall to advocate for political action. Companies have a MUCH larger sway with local politicians than the average employee does. That, or they can increase the salary or change the attendance policies.
Google, for example, has been trying for over a decade to build some medium-density housing near its campus. This goes beyond just advocating for political action (which they're also doing) -- they're actually offering to finance the project and assume all risk -- all the city has to do is stop saying no.
But every time it comes up for approval, local residents show up to complain, and the city council finds some arbitrary reason to say no.
They don't want to do that because they've already spent a bunch of money on their fancy HQ and don't want to see it empty out.
There are plenty of employers with < 1000 employees, however, crowding these downtown areas. They have way more flexibility in being able to move out of these city centers and into more affordable locations for everyone. They don't because part of the reason for their offices in these downtown location is rich people showing off to other rich people. You gotta "look" successful.
It is almost like, in any context, centralization is bad. I am not sure why we has a civilization have to keep learning this lesson, over and over and over again
Anytime you centralize anything it results in bad outcomes.
Diversity, Diversification, Distributed Models, etc are ALWAYS preferable, I dont care if you are talking about Stocks, People, Housing, Power, Government, you name, Consolidation and centralization is always bad
No, they don't. The employee gets to decide if the salary is high enough to meet his needs. If it isn't, the employee can negotiate for more, or go elsewhere.
Nobody is obliged to work for a company they find unacceptable.
If an employer doesn't pay their employees enough, those employees should leave, their employer will eventually die, and that'll add another data point to tell the shareholders to either elect CEOs that will pay more or to stop backing companies in high-CoL areas.
And saying companies choose where the highest concentration of available talent resides is dishonest.
I don't see why employers can have efforts to address climate change and social justice problems, but cost of living for their local communities is too much.
Yup, there's a low supply of employees and a high demand for them. So guess what the absolute dumbest thing is an employer can do when employees start clamoring for COL adjustments?
Or the company can walk down to city hall and tell them to build more housing, because they're unable or unwilling to pay enough for people to live in a viable radius.
Or the company can relocate or establish a satellite office in a lower cost of living area.
Or the company can pay people commensurately with the cost of living in the area.
Or the company can deal with the inevitable attrition of their workforce as it happens, all the while denying that they have any agency and deflect blame onto individuals.
No, but they can move to a lower cost area, allow WFH, or gasp pay a fair wage for the region. Employers don't have a right to cheap labor
This is just suppliers (of labor) advising that their costs are going up, and thus so is the price of their economic input. It's just business.
Some day soon, hopefully, companies that fail to do this will fail to stay in business.
No, but it's responsible for not paying well, while mandating that everyone working for it must live in the most expensive region in the country.
> If you’re mad at anyone, walk down to city hall and tell them to build more housing.
Or walk across the street to a competitor. It is the Bay area, after all.
Just like how if you don't like the mandates issued by your government, you are free to move to a different country. Or to petition it to change them. They are still mandates, though, despite you choosing out of your own free will to submit to them, by virtue of not leaving.
This website also has mandates about how its posters are expected to behave, that you submit to - despite being here voluntarily.
Feeling good makes people happy. What's measured to produce that feeling is the outcome of the am-I-good thing in your brain's evaluation of whatever you did, and Goodhart's law is always in effect. You can pay the cost of being good and earn a good evaluation—or you can do whatever you want, enjoy the rewards, and trick the am-I-good thing into always saying yes.
Since the latter method makes you feel good cheaper and faster, I'd expect it to be fairly common. In my experience it is.
So it's really option 3: do bad things and don't feel bad, with views on right and wrong aligned suspiciously precisely with your personal interests.
(Hopefully I've made it clear I'm not endorsing this, just describing it.)
