Location-Based Pay is A Solid Rip-Off When It Comes to Remote Work 😤
Pay Me Regarding the Value I Provide, Don’t Cheat Me Out Just Because I’m in a Third World Country
Whenever a recruiter gives an argument about location-based pay and talks about the competitive market rate according to my country. It makes me absolutely just go werewolf on them.
What would you feel if you close a quarterly quota of 125K USD, and your compensation is a measly 1200–1800 $/month.
I’d be fricking pissed off! 🤬
Wouldn’t you?
That’s the current rate startups are offering to remote workers in APAC countries. Of course, it varies, however you can’t cheat people out all in the name of being a YC startup.
There are tons of startups offering the label of being a YC-funded company.
Yet they do not even pay the standard international market rate.
All the joke about inclusivity, and being a family. Yet when it comes to money, you’re being compensated at your standard local competitive market rate.
Then what’s the purpose?
Why am I even working for you?
Won’t I be better off working in my native work environment?
If I have to grind more and be paid the same rate.
Why wouldn’t I just do it in the domestic market?
All because of why it’s remote?
I’m sure plenty of people do it just because of that.
However, what’s the competitive advantage?
Equity? I don’t want it.
Compensation in terms of base pay + OTE. Absolutely.
In terms of startups, that equity is worthless. If you’re paying your people such horrible rates…
It doesn’t even matter.
No one is going to stay around in the startup till the IPO.
The startup won’t even survive the break-even period. Most startups fail because of high operational costs, a lack of achieving revenue targets, and various other factors.
