Companies like Facebook, Microsoft, and Google have announced new flexible work policies that cut the pay of workers who relocate to less expensive markets. HR experts are saying this plan is unrealistic and will cost companies in the way of turnover and engagement. The cofounder of Thrive HR Consulting estimates that 60-75% of companies are reevaluating their pay scale and policies. Companies like Reddit and Zillow have announced that they will be paying their workers “based on their job, regardless of where they live.”
See "HR experts say that pay cuts for remote work is an ‘empty threat’", Jennifer Liu, CNBC, October 27, 2021