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> You just need to pay the amount that enables you to get the workers you need.

That depends on where these workers already live or are willing to live. You can't get enough applicants from Silicon Valley if you pay too little, you get way more remote applicants than you need if you pay too much.

> The "fair" thing to do is to pay people without regard to location and let them decide for themselves whether it is worth it to live in a HCOL area or not.

That's just not how pricing works. If I can work from anywhere without even having to commute, I'll be willing to do that for far less money. I don't think that's unfair at all, after all my quality of life will be as good or better.




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