Imagine your company offered you a $5000 annual raise assuming you move offices. How far would you be willing to move for that raise?
Across the city, across the state, to the next state over, or across the country?
Personally I don’t think $5000 would be quite enough to get me to move across the state, but I’d definitely move across the city for that kind of raise. However, I’ve heard of people moving pretty far for slight raises like that, though usually it comes with a change of job title or career track.