Tech Salaries Fall In High Cost Cities Like San Fran And New York As Remote Work Drives Employees Elsewhere
Salaries for tech workers in cities like New York and San Francisco are slipping, marking the first fall in 5 years.
The drop in pay comes as a result of a push toward remote work, according to Bloomberg, citing a report by Hired. The report looked at more than 525,000 interview requests and 10,000 job offers via Hired’s workplace from January 2019 to June 2021.