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Yes - it absolutely can. What matters in the above scenario is the total cash left over after expenses (surplus), not the size of the expenses (expenditure).
by karthikb 10y ago
Yes - it absolutely can. What matters in the above scenario is the total cash left over after expenses (surplus), not the size of the expenses (expenditure).
- Muromec 10y agoSure, but it means that guy should make 2x of what he gets at home just to keep up, and we are talking about same person with same skills, connections etc. So the real rational decision would be to start company with access to VSs in US and hire developers in Ukraine. Which is exactly what is happening.
- Anderkent 10y agoBut the idea is that you take a remote job based in (rich country), get paid like a (rich country) developer, but only have costs of a developer in (poor country).
- sidlls 10y agoAnd that idea is just that: an idea. It happens rarely enough that putting forward as normal requires some proof. The company I work for uses remote workers from Ukraine and India. I know for a fact their salaries are less than 1/3 domestic salaries. This is in my experience what is actually normal. Pretty good for the cost of living, but they aren't saving as much as I am unless a good portion of their expenses are paid by someone else.
- Muromec 10y ago>I know for a fact their salaries are less than 1/3 domestic salaries. What are absolute numbers?
- sidlls 10y agoThe median domestic salary for the engineering positions the remote workers have is about $110k/year.
- Muromec 10y agoYep, around 3k per month sounds about right for Ukraine: https://dou.ua/lenta/articles/salary-report-dec-2016/?from=salaries https://dou.ua/lenta/articles/salary-report-dec-2016/?from=s...