editione1.0.3Updated March 23, 2023
You’re reading an excerpt of The Holloway Guide to Remote Work, a book by Katie Wilde, Juan Pablo Buriticá, and over 50 other contributors. It is the most comprehensive resource on building, managing, and adapting to working with distributed teams. Purchase the book to support the author and the ad-free Holloway reading experience. You get instant digital access, 800 links and references, a library of tools for remote-friendly work, commentary and future updates, and a high-quality PDF download.
People living outside urban technical hubs—especially in less economically developed areas—stand to gain significantly when it comes to how much they can earn.* Depending on a company’s compensation philosophy, a software engineer in Bogotá, Colombia could stand to make the same as someone in San Francisco, with a corresponding vast difference in how far that salary can go because of the lower costs of living. Even when companies adjust for local geographies, remote roles often still pay far more than anything someone could find in their own city.