Basecamp distributed team San Francisco salary

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#1

As opposed to Buffer’s salary calculator that makes adjustment for high/low cost of living places around the world, Basecamp, which is nominally centered in Chicago but also has a distributed team, decided that San Francisco salaries were to be their baseline for everyone, everywhere:

Starting 2018, Basecamp is paying everyone as though they live in San Francisco and work for a software company that pays in the top 10% of that market (compared to base pay + bonus, but not options).

We don’t actually have anyone who lives in San Francisco, but now everyone is being paid as though they did. Whatever an employee pockets in the difference in cost of living between where they are and the sky-high prices in San Francisco is theirs to keep.