Jobs not in Manhattan offered lower rate

[BBMW]

This is true. Back in the '80's I was living in NJ after I got out of college. I found a job out there because of a connection, but when that went south, I had to pound the pavement to find a new one. Turned up nothing in Jersey, but when I started looking in Manhattan, I got a few offers quickly, and for good money. Took one of them, and eventually moved in.

The companies in Manhattan know they have to spend more for what they want. They need to spend more for office space, for services, and for people. The ones that move to the outer boroughs are doing so to save money for all of those. So to expect them to pay as much for employees is unrealistic. Then again, they're likely not getting the best people.

Originally Posted by NYChistorygal

It's always been that way. Manhattan is the center. They pay more to attract the best. Since many people commute from the suburbs, it also can compensate for the cost and time of the extra travel. Many people will accept a lower salary as they consider time is more valuable than the money.

[BBMW]

A lot of the time job hopping this the best way to advance and/or get more money. Companies will pay more to bring in the help they need than to keep their existing help. They figure inertia will keep the majority in place.

Originally Posted by vision33r

What I've seen is that people who accept the pay are job hoppers. Many big companies, a person gets hired and rarely stay more than 2 years these days and go on to new jobs. Which is why lately at interviews I keep getting asked about tenures and why I left certain jobs in the past. Companies are weary about turnovers. Well they should look at what reasons causes people to leave and I think pay is 50% of the reason the other being having very bad management.

If you under pay workers with a bad management, they will leave quickly. If you pay people well with a bad management, they'll likely hang on to the job until there's a better offer somewhere.

It costs a company anywhere from $15-40k to hire & onboard a new worker making a salary more than $75k these days. Can they afford a revolving door?