USD School of Law Professor Orly Lobel Quoted in CNBC Article about Tech Industry Salary Adjustments and Remote Worker Earnings

Professor Orly Lobel Quoted in CNBC Article about Tech Industry Salary Adjustments and Remote Worker Earnings

Professor Orly Lobel

SAN DIEGO (November 12, 2020) – University of San Diego (USD) School of Law Warren Distinguished Professor of Law Orly Lobel was recently quoted in the CNBC article "From Facebook to Reddit, how Silicon Valley salary adjustments could redefine remote worker earnings." The article discusses potential pay adjustments in the tech industry due to the recent increase in remote work as a result of Covid-19. Some companies, such as Reddit, have announced that they will not cut pay if employees choose to move out of the expensive San Francisco Bay Area while working remotely. While other companies, such as Facebook, Twitter and Stripe, have stated that they will reduce employee pay to adjust for the cost of living if a remote employee chooses to work in another geographic region.

Even if these types of pay adjustments become common in the tech industry, Professor Lobel noted that these companies will now have the added benefit of more qualified candidates since their hiring pool will expand to those who want to live outside their geographic area. "Employers will benefit from a richer talent pool," said Professor Lobel. "Now companies are realizing that with new technological capabilities and the right structures in place, they can recruit from anywhere without requiring geographic mobility."

To read the full article in CNBC by Karen Gilchrist, please click here.

About Professor Orly Lobel

Warren Distinguished Professor of Law Orly Lobel's areas of expertise include Intellectual Property, Employment and Labor Law, Government Agencies, Employment Discrimination, and Regulation. She has received numerous awards in recent years, including the Thorsnes Prize for Outstanding Legal Scholarship and the Irving Oberman Memorial Award. Her two latest books have won several prestigious awards.

About the University of San Diego School of Law

Each year, USD educates approximately 800 Juris Doctor and graduate law students from throughout the United States and around the world. The law school is best known for its offerings in the areas of business and corporate law, constitutional law, intellectual property, international and comparative law, public interest law, and taxation.

USD School of Law is one of the 84 law schools elected to the Order of the Coif, a national honor society for law school graduates. The law school's faculty is a strong group of outstanding scholars and teachers with national and international reputations and currently ranks 36th nationally among U.S. law faculties in scholarly impact and 22nd nationally in past-year faculty downloads on the Social Sciences Research

Network (SSRN). The school is accredited by the American Bar Association and is a member of the Association of American Law Schools. Founded in 1954, the law school is part of the University of San Diego, a private, independent, Roman Catholic university chartered in 1949.

Contact:

Beth Colton
bcolton@sandiego.edu
(619) 260-4097

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