> Companies who are willing to pay the same amount regardless of location will obviously have an advantage in recruiting
I'm not sure that is accurate. Companies that pay the same regardless of location are likely to pay less than the going rate in high COL areas, and more than the going rate in low COL areas. As a general rule of thumb, a company can't unilaterally pay more for things than it's competitors and expect to compete; so paying the high COL rate to all employees, regardless of location, is not likely a long term viable approach.
I'm not sure that is accurate. Companies that pay the same regardless of location are likely to pay less than the going rate in high COL areas, and more than the going rate in low COL areas. As a general rule of thumb, a company can't unilaterally pay more for things than it's competitors and expect to compete; so paying the high COL rate to all employees, regardless of location, is not likely a long term viable approach.
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