petite6 |
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Jokers Wild |
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Reged: 08/14/06 |
Posts: 178899 |
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The cost of living in San Francisco is so high, a tech company is paying workers $10,000 to leave 03/21/17 02:05 PM
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In San Francisco, the rent — as they say — "is too damn high."
In an effort to help employees avoid the high cost of living, a small tech company will pay new hires $10,000 to move out of the Bay Area and work remotely.
In a blog post published March 17, Zapier CEO Wade Foster announced an experimental "de-location" incentive program that will reimburse moving expenses up to $10,000 if a person accepts a position at the startup and moves out of the Bay Area in the first three months.
"Some of us fall in love with the area and are financially able to make this home. But for the rest of us, it can be a real challenge to turn the Bay Area into a life-long home rather than a short stop somewhere in our twenties and thirties," Foster wrote.
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