Why did Reddit decide to let remote workers keep their salary where it is? This interview has been edited for length and clarity The company got rid of geographic compensation zones in the US, and now – no matter where a worker lives – compensation will be tied to the salary ranges of high-cost areas like San Francisco or New York.ĬNN Business spoke with Reddit’s Chief People Officer Nellie Peshkov to learn more about the new policy. And if employees decide to move, their pay won’t be reduced.
The San Francisco-based company recently announced it will allow most of its employees to work wherever they want, whether that’s in the office, remotely or a little of both. But moving to a less expensive area can come with a trade-off: a smaller paycheck. More companies have embraced remote work permanently, and that has spurred some employees to relocate to other parts of the country.