Garmin Connect team from SF not moving to Kansas
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An interesting story[^]. Garmin decided to relocate its San Francisco team to Kansas, and they declined and created their own web site as a sort of a collective resume.
Running a company in Bay area is lot expensive. I am a little surprised why Garmin did not provide tele-commute as an option.
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Running a company in Bay area is lot expensive. I am a little surprised why Garmin did not provide tele-commute as an option.
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They'd still need to pay bay area wages so their employee's could afford housing, etc. If they were relocated they could apply a cost of living adjustment to their salaries.
3x12=36 2x12=24 1x12=12 0x12=18
Yes! I forgot about that. They can be easily saving 100% on salaries alone.
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They'd still need to pay bay area wages so their employee's could afford housing, etc. If they were relocated they could apply a cost of living adjustment to their salaries.
3x12=36 2x12=24 1x12=12 0x12=18
But now they have to apply a redneck hillbilly adjustment to their products! :rolleyes:
-- Kein Mitleid Für Die Mehrheit
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Yes! I forgot about that. They can be easily saving 100% on salaries alone.
Rama Krishna Vavilala wrote:
They can be easily saving 100% on salaries alone.
How can a company "easily" save 100% on salaries? :confused: Slave labour? :~
Cheers, Vikram. (Got my troika of CCCs!)
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An interesting story[^]. Garmin decided to relocate its San Francisco team to Kansas, and they declined and created their own web site as a sort of a collective resume.
This is likely just step one in the master plan. Step two is attempt to recruit people with the exact same skills, but who are willing to work for 40% less money in Kansas. Total employees hired: zero. Step three is to declare that they can't get good candidates, and outsource to India. Step four is executives collect bonuses for cutting salary expenses. And so it goes...
My other signature is witty and insightful.
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Rama Krishna Vavilala wrote:
They can be easily saving 100% on salaries alone.
How can a company "easily" save 100% on salaries? :confused: Slave labour? :~
Cheers, Vikram. (Got my troika of CCCs!)
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But now they have to apply a redneck hillbilly adjustment to their products! :rolleyes:
-- Kein Mitleid Für Die Mehrheit
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This is likely just step one in the master plan. Step two is attempt to recruit people with the exact same skills, but who are willing to work for 40% less money in Kansas. Total employees hired: zero. Step three is to declare that they can't get good candidates, and outsource to India. Step four is executives collect bonuses for cutting salary expenses. And so it goes...
My other signature is witty and insightful.
You have figured out how capitalism works. Good job.
I didn't get any requirements for the signature
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Rama Krishna Vavilala wrote:
They can be easily saving 100% on salaries alone.
How can a company "easily" save 100% on salaries? :confused: Slave labour? :~
Cheers, Vikram. (Got my troika of CCCs!)
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:-D
-- Kein Mitleid Für Die Mehrheit
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But now they have to apply a redneck hillbilly adjustment to their products! :rolleyes:
-- Kein Mitleid Für Die Mehrheit
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:-D
-- Kein Mitleid Für Die Mehrheit
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Rama Krishna Vavilala wrote:
They can be easily saving 100% on salaries alone.
How can a company "easily" save 100% on salaries? :confused: Slave labour? :~
Cheers, Vikram. (Got my troika of CCCs!)
Sorry! :-O Based on the cost of living, and because Garmin can get away with hiring a few junior people, my estimate was that they can get away by paying half the salary of California in Kansas. So saving would be 2x - x = x. I should have used 2x for calculating the percentage but I used x instead.
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An interesting story[^]. Garmin decided to relocate its San Francisco team to Kansas, and they declined and created their own web site as a sort of a collective resume.
There isn't enough money printed to get me to live in California. :)
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There isn't enough money printed to get me to live in California. :)
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An interesting story[^]. Garmin decided to relocate its San Francisco team to Kansas, and they declined and created their own web site as a sort of a collective resume.
This not that unusual a story. California and San Francisco have priced themselves out of the market. It sounds more dramatic to say they moved to "Kansas" with visions of some dusty prairie and Dorothy walking down the road. Actually Garmin is located in Olathe which is a suburb of Kansas City a fairly large metropolitan area. I work as a programmer for one largest banks in the country in the same area. Like myself there are numerous ex-Californias working in the office. My salary is about the same as in California, Taxes are lower, home prices 1/2 to 1/3 of California, and I have a 7 min drive to work. I'm close enough to even ride my bike. Also Kansas can even pay its tax refunds. In all honesty California's glory days are over.
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They're far from the only company to be moving operations from expensive parts of the US to ones with much a lower CoL to cut costs without the more difficult problems that come from outsourcing halfway around the world.
3x12=36 2x12=24 1x12=12 0x12=18
Actually, Garmin is headquartered in Olathe, Kansas. This is in suburban Kansas City (Missouri), which also is the home to Sprint, H & R Block, Hallmark Cards and others. Years ago Sprint wanted to persuade some of their employees from one merger or another to move to the KC area from California. They brought them here and showed them the houses they could buy here. A four bedroom house sitting on a lakeside developement with all the perks cost them a fraction of what a smaller house cost them in California. It did persuade more than a few of them.
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Actually, Garmin is headquartered in Olathe, Kansas. This is in suburban Kansas City (Missouri), which also is the home to Sprint, H & R Block, Hallmark Cards and others. Years ago Sprint wanted to persuade some of their employees from one merger or another to move to the KC area from California. They brought them here and showed them the houses they could buy here. A four bedroom house sitting on a lakeside developement with all the perks cost them a fraction of what a smaller house cost them in California. It did persuade more than a few of them.
Jim Satterfield wrote:
Actually, Garmin is headquartered in Olathe, Kansas.
Which just means cost savings aren't the only likely reason behind the desire to move the team, not that they aren't still one.
Jim Satterfield wrote:
They brought them here and showed them the houses they could buy here. A four bedroom house sitting on a lakeside developement with all the perks cost them a fraction of what a smaller house cost them in California. It did persuade more than a few of them.
Part of the problem now is that there's a good chance that some of the people were under water on their mortgages and couldn't afford the loss if they moved even if they wanted to. :doh:
3x12=36 2x12=24 1x12=12 0x12=18
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This not that unusual a story. California and San Francisco have priced themselves out of the market. It sounds more dramatic to say they moved to "Kansas" with visions of some dusty prairie and Dorothy walking down the road. Actually Garmin is located in Olathe which is a suburb of Kansas City a fairly large metropolitan area. I work as a programmer for one largest banks in the country in the same area. Like myself there are numerous ex-Californias working in the office. My salary is about the same as in California, Taxes are lower, home prices 1/2 to 1/3 of California, and I have a 7 min drive to work. I'm close enough to even ride my bike. Also Kansas can even pay its tax refunds. In all honesty California's glory days are over.
RatRod wrote:
My salary is about the same as in California, Taxes are lower, home prices 1/2 to 1/3 of California, and I have a 7 min drive to work.
And you can get good BBQ as well (as opposed to all those raw fish based meals that CA residents seems to enjoy) :-D