Finally, the con. Am I compensated fairly? Well, it depends. If you live in Salt Lake City or areas where the cost of living is similar, then I’d say, once again, absolutely. However, if you live in an area where the cost of living is higher, as I do, then the answer really depends on what the cost of living differential is, how many incomes your household has, etc. Some internal commenters have stated, to bluntly paraphrase, “you’ve decided to live where you live and Health Catalyst is not obligated to spare you the consequences of your decision.” Those commenters do have a point, I did choose to live where I live, just as I’m sure they chose where they live. But I wonder if the second part of their argument misses a larger point. Paying wages that are adjusted to the locale of the employee is about being competitive, rather than fueling entitlement. It would seem to me that if Health Catalyst wants to compete for great talent, regardless of where it is found, then they should adjust salaries to match location. If they just want to recruit the best people in areas with similar costs of living to SLC, then I think they’re doing a good job. I don’t know what the priority is. I sure wish I did.
Taking this job seemed like a wonderful opportunity. I’d be able to work at a company whose goals matched my own, while the generous remote work policy (it’s an option for almost all the positions I’ve seen listed) would allow us to stay near family. I figured that an increase in job satisfaction would overcome the differential in pay. Sadly, I’m beginning to think that calculation may have been in error. Job satisfaction is high, but financial stress is beginning to eclipse it.