What is the supply of workers? All things being equal the company will pay the least amount possible.
What is the demand for those workers? All things being equal the worker will work for the company that pays the most.
When you move from San Francisco to Des Moines, Iowa you shift markets. If you move from San Francisco to “the metaverse” you shift markets.
Facebook may have moved from a small handful of people able to do a job to a whole world of people. You may have moved from a small handful of opportunities to a world of opportunities.
It’s difficult to predict how prices will change, but they almost definitely will, and it’s not a matter of “holding out” or “negotiating” in the long run.
What is the supply of workers? All things being equal the company will pay the least amount possible.
What is the demand for those workers? All things being equal the worker will work for the company that pays the most.
When you move from San Francisco to Des Moines, Iowa you shift markets. If you move from San Francisco to “the metaverse” you shift markets.
Facebook may have moved from a small handful of people able to do a job to a whole world of people. You may have moved from a small handful of opportunities to a world of opportunities.
It’s difficult to predict how prices will change, but they almost definitely will, and it’s not a matter of “holding out” or “negotiating” in the long run.