Most of remote companies choose to pay based on local rates in order to be truly fair: Why GitLab pays local rates and Buffer.

It is better to pay people for their Skills, not where they live. If you say someone live in a 50% cheaper location in terms of cost of living. But you have to live there and that’s their choice.

Pay for skill, read no further

Basecamp doesn’t employ anyone in San Francisco, but now we pay everyone as though all did